Exploring Office Space For Your Business: Which Option Is Best?

Exploring Office Space For Your Business: Which Option Is Best? | CIO Women Magazine

The way we work has evolved. Today, more and more businesses operate remotely, and hybrid working has become increasingly popular. If you’re looking for an office space for your business, it’s wise to think about what you need and what kind of premises would suit your company best. In this informative article, we’ll explore different solutions to help you decide what’s right for your brand. 

Key Factors to Consider When Choosing Office Space For Your Business

1. A permanent base

Exploring Office Space For Your Business: Which Option Is Best? | CIO Women Magazine
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Remote working has become more commonplace since the pandemic, but most companies still have a permanent base. Setting up an office, whether you buy or rent, allows you to establish a private, bespoke hub for your team, which guarantees access to dedicated workspaces and enables you to customize the design and functionality to suit your needs. If you sign a long-term contract or buy commercial premises, you can brand your space, create a comfortable environment for your employees and enhance aesthetic appeal if you’re keen to attract passers-by, create new leads or make a great first impression. You may also find budgeting simpler if you rent or buy rather than taking advantage of flexible spaces and services. Having a permanent base may also boost employee productivity and morale. Research conducted by Unispace suggests that employees who work for companies that utilize hot-desking services prefer their own space.

2. Flexible workspaces

Exploring Office Space For Your Business: Which Option Is Best? | CIO Women Magazine
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More than 50% of US employees work from home either some or all of the time, according to Statista. Hybrid working offers greater flexibility for workers and can also be cost-effective for companies. Flexible office space for your business provides access to shared workspace, which is available to hire on a short-term basis. Depending on the facility you choose, you can often take advantage of stylish, modern offices in convenient, central locations with easy access to amenities and transport links. Many offices offer a range of meeting rooms, coworking spaces and private areas. If you don’t need a permanent base for your business, or you’re considering embracing remote or hybrid models in the future, it’s worth researching locations and office premises, comparing prices and services and calculating cost savings. It’s also beneficial to communicate with your employees to get an idea of what they need and want. 

3. Virtual offices

Exploring Office Space For Your Business: Which Option Is Best? | CIO Women Magazine
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As remote work has become more popular, there’s been a noticeable shift towards flexible workspaces and virtual offices. A virtual office provides a company with a business address. You can use the address to enhance your brand image and reputation and receive mail. The most advantageous incentive for most company owners is saving money. In most cases, a virtual office is much less expensive than a traditional office. If you operate remotely or you only need occasional access to dedicated workspaces, it’s a great idea to consider a virtual office. You can then hire meeting rooms or private or shared offices as and when you need them.  

In years gone by, it was essential for businesses to have a dedicated headquarters, but today, many companies could benefit from exploring alternative options, such as flexible workspaces and virtual offices. If you run a business and you’re looking for a new office space for your business, it’s beneficial to think about what kinds of premises and options would suit you best. 

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