Business

Flexible Office Spaces: Facts & Myth

What is a Flexible Office Space? Are you unaware of this? If yes, then you’re about to learn about every fact and myth related to the flexi workspace in this blog. A flexible office space can be referred to a shared office spaces or flexi spaces that comes with multiple creative layouts and latest workspace trends like hot desking and shared resources.

The outrage and downfall of Covid-19 have indeed given a significant rise to the coworking sector, more specifically flexible office spaces. These office spaces are designed in such a way that they fall outside of traditional offices as they offer more flexibility and satisfaction to employees. Since companies are bringing their employees back to the offices, it has become more important for them to create a lively and safe working environment.

The concept of shared office spaces is not new but it has gained massive popularity in the commercial real estate sector in the last decade.  With the current pace of growth, it won’t be wrong to say that commercial office spaces are cementing their presence globally. In this blog, you will get to know the facts as well as some myths that are often linked with flexible or commercial office spaces. 

7 Surprising Facts About Flex Spaces

There are several facts that attract large and medium enterprises to acquire shared office spaces. Some of the facts are penned below:

1. Reduced Operational Costs

Not only employees, but even employers have certain benefits of having shared or Flexi office spaces. Flexible office spaces indeed allow business enterprises to reduce operational costs. They are well-equipped, organized, and empowered as compared to traditional office spaces. Post-Covid, many large and medium business enterprises have switched to this concept as they have understood that it allows them to reduce operational costs.

2. Proper Space Utilization

Unlike traditional office spaces, shared or Flexi office spaces allow the companies to utilize the space appropriately to ensure minimum wastage of resources. Flexible office designs are more engaging because the space is utilized optimally and the clutters are eliminated to promote a pleasing work environment for the employees.

3. Supports Concepts like Desk Booking & Meeting Room Booking Systems

The fact that many critics overlook is the successful implementation of several tech-empowered concepts. The demand for flexible office spaces has increased in the past few years. This is because companies are now adopting concepts like desk booking and meeting room booking system that allows employees to give the utmost performance in the workplace.

4. Employee Comfort

During the pandemic phase, Employees have worked from their places for long enough that now they seek if not the same but at least minimal flexibility and comfort in the workplace. Covid-19 has taught both employers and employees that hybrid working is always a solution to ensure employee satisfaction and work-life balance. It’s a fact that flexible office spaces allow the workforce to come and work in the most comfortable, flexible, and productive environment.

5. Enhanced Innovation and Collaboration

Another major and prominent fact of Flexi spaces is that it promotes innovation and collaboration in the workplace. Innovation ensures new ideas and collaboration is required to execute the plans with the utmost efficiency. Companies are looking for commercial space for offices to fulfill the expectations of the employees and ensure business growth positively.

6. Sharing of Resources

Resource sharing is one of the undeniable facts of flexible or shared office spaces. With this, employees can access all the available amenities like meeting rooms, phone booths, cafeterias, pantries, snooze rooms, gaming zones, and so on. The purpose of shared resources is not only to minimize costs but to develop unity and understanding among the team members.

7. Ideal for Hybrid Workspace Solution

Many large enterprises are opting for shared and flexible office spaces to implement hybrid workspace solutions. The main purpose of doing this is to maximize the use of available space, minimize the wastage of resources, and contribute to employees’ improved work-life balance. 

4 Popular Myths About Flexible Office Spaces

Flexibility in the office space is important for both employers and employees to fulfill the mutual interests. But with facts come misconceptions, and so is the case of flexible office spaces as well. There are 4 popular myths that we are going to be revealed moving further in this blog.

1. Informal Work Environment

According to the reports of the Economic Times, companies like Zomato, Flipkart, Razorpay, Ola Electric, and many more are operating in Flexi workspaces. These companies hold a global reputation and they also have momentous work ethics and morals which they follow at the workplace. 

Their name linked with flexible office spaces is substantial enough to contradict the informal work environment statements. The main purpose of flexible workplaces is to promote collaboration and comfort levels within the official premises to get the best performance from the employees.

2. Noisy and Distracting Workspaces

No, that’s not true because this influential element has been successfully banished from flexible office spaces quite a time ago. In fact, flexible spaces are the complete package for businesses to maximize the ultimate outcome by eliminating the factors that may cause distraction and disturbance at the workplace. Today’s commercial office spaces are designed in such a manner that they offer the maximum solidity and privacy to the workforce so that they can carry out their operations efficiently.

3. They Can’t be Customized

One of the most infamous myths regarding flexible office spaces is that they the office designs cannot be customized. It’s even hard to believe the critics because the words flexibility and customization are somehow linked. We’re saying this because you can’t ensure flexibility if you’re not willing to make modifications. Hence, it would be right to remark that such myths or sayings are vague.

4. They Suit Large and Medium Business Enterprises

Again, it is a myth that cannot be proved right by critics because flexible or shared office spaces suit small and budding enterprises the most. As we said earlier, these office spaces are packed with shared resources and amenities that allow businesses to minimize operational costs. These myths are just vague rumors that are trying to create a negative impact on flexible office spaces and it is pleasing to know that so far, they’ve been unsuccessful to do so.

Therefore, these are some of the facts and myths about flexible office spaces. Considering the benefits, many large, medium, and budding enterprises are moving forward to lease out commercial office space for better growth. 

It is the ideal time to look for shared space for offices to commence or expand your business with the motive of earning profits. Flexi spaces are gaining more and more popularity across the globe because they are relatively economical and specially designed as per the needs and requirements to ensure maximum employee engagement.

Ethan

Ethan is the founder, owner, and CEO of EntrepreneursBreak, a leading online resource for entrepreneurs and small business owners. With over a decade of experience in business and entrepreneurship, Ethan is passionate about helping others achieve their goals and reach their full potential.

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