Why it’s Time to Switch to Flexible Workspaces

What’s going to happen to flexible workspaces post-COVID-19?

As we move forward with vaccination, we can finally see the light at the end of the tunnel. 2022 is shaping out to be a crucial year for businesses as we all try to recover from the effects of the global pandemic.

Businesses have learned the importance of flexibility during the pandemic. With the constant change in restrictions, adapting over and over again could cause a negative impact on the business. Remote work became the go-to work arrangement, and because of this, several businesses have let go of their physical office, leaving them with no dedicated space to work or collaborate.

The practice of remote work has proven to have its benefits, and more businesses have an interest in incorporating flexible work schedules. As businesses now look to return to the office, this is how flexible workspaces can help bounce back from the pandemic. It’s the perfect workspace solution for flexible work arrangements, including the latest trend – Hybrid Working.

Despite this, there is still some doubt surrounding the flexible workspace industry. So how can flexible workspaces bounce back from this pandemic and separate themselves from traditional offices?

Cost-efficient

The cost to work in a flexible workspace played a big role in the initial boom of this industry and will be the main factor as to why they will thrive post-pandemic. Budgeting has become one of the main priorities for organizations, and one thing with coworking spaces is that they do not require long term leases and hefty deposits, which is an avenue that companies will strongly explore. Having an office in a flexible workspace is not only good for the short term, but could also help in maintaining a healthy cash flow down the road. Since payments are fixed for flexible workspaces, it would be much easier to monitor your budget and know how much is being invested in your office space.

Work environment

Another reason for the increased demand for flexible workspace is the community aspect that comes with it. Learning from the pandemic’s unprecedented challenges, community is the key to recovery, according to Forbes. Being surrounded by other driven individuals and coworkers contributes to the overall work environment and helps people stay motivated. The working environment it provides helps companies stay motivated by being around other driven individuals. These workplaces are also designed to build relationships between coworkers that could potentially lead to innovation and collaboration. Being exposed to people from different companies and industries also keeps your mind open and gives you a different perspective. In addition, being part of the community helps build your network which could very much play an important role in how your business bounces back.

Convenience

Lastly, flexible workspaces provide much convenience to their clients. Your next workspace should be able to adapt to different challenges that arise, such as this pandemic. A flexible workspace not only means flexibility in lease terms but also in terms of work arrangements you can offer to the team. The Business Mirror mentions how moving in and out of the space would be easier for your team. Since offices are already furnished and there would be no need to deal and negotiate with brokers, it would be a much faster process. Furthermore, it would be easier to monitor your office expenses given that all the utilities are already included in your rent. All you really need is your laptop and other work essentials then you’re ready to go! 

The way we work is always changing, and businesses have the opportunity to bounce back with flexible workspaces. The future workspace should be flexible enough to adapt to different challenges such as COVID-19. These unpredictable challenges have become more common and because of this, the flexibility of your workspace will only trend upwards as a priority when businesses are looking for a place to work.

If you are looking for a flexible workspace in the Makati area, Acceler8 could be the place for you! We have a workspace solution for any type of work arrangement. And don’t worry, we have rules for everyone to follow to keep the best safety practices for our clients. If you’re ready to bounce back, send us an email at connect@acceler8.ph and we would be more than happy to help you out with your inquiry!

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