Why large companies have as much to gain from managed office spaces as start-ups

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Managed office, co-working spaces and hot-desks have become the go-to office solution for start-ups, freelancers and gig professionals over the last few years, but today more and more large, established organisations are making use of these spaces. Here’s why.

Is Waffle21 in Beverley the business centre to reduce your costs?

Large companies have as much to gain by taking out managed office spaces as small ones do. That may seem surprising, but it really shouldn’t be. Office space in the city centre (any city centre!) is growing more expensive by the month. At the same time, communications technology makes it possible for many employees to work productively nearly anywhere or any time – though most still have trouble being quite as productive ‘working from home’, so why not use Managed office, co-working spaces and hot-desks.

With the economic environment shifting as quickly as it has been lately, it isn’t surprising to find the canniest organisations constantly scouting for new efficiencies and ways to boost employee productivity without adding extra stress.

Leased office space has been the norm for a long time, and while it is unlikely to fall completely out of favour any time soon, it is becoming difficult to find any large organisation which never uses flexible, managed rental work spaces. In fact, the number of companies using small scale managed office space regularly is on the rise as well.

Waffle21 in Beverley a great venue for co-working and managed office space.

Co-working and managed office space venues, pay by the hour meeting rooms and similar spaces are no longer for companies looking for low overheads when starting out. Even large, multinational corporations see the advantage in being able to set up a team rapidly (sometimes overnight) and get them working on a new project straight away. They like the fact that these facilities are agile, and can allow their clients to be agile as well. Most allow their customers to scale their space and service demands up (or down) rapidly, and have clean, well-managed and attractive working spaces ready to go at a moment’s notice.

In some markets, the total amount of flexible work space rose by as much as 40%, and many operators have 2 or even 3 times as much co-working and managed office space available as they did in 2015.

Office work in the Age of Disruption

Dramatic titles aside, today’s firms expect market disruption, and are constantly revising all of their plans to meet the new challenges and opportunities each change produces. Long leases on huge city centre office blocks can make it difficult to stay as nimble as they would like, but there is more than that at play.

Many organisations are looking at a more decentralised network approach, with smaller offices or individual project teams working from ‘second tier’ cities and towns in order to be closer to new markets, to make life easier for their employees, and to take advantage of the dramatically lower costs of office space outside of the ‘big city’. That all adds up to a higher demand for flexible, managed office spaces outside of the traditional ‘business districts’.

If you are considering moving some of your operations to the Beverley area – or simply out of Hull city centre – then take a look at what Waffle21 in Beverley has to offer. Not only is it a faster commute (sometimes even for people living in Hull), it offers all of the flexible, professional space you need at a substantial savings.