Coworking spaces in London can provide a lot of solutions to a lot of companies. However, before you rush into an agreement with a coworking space, survey your options.
Not all coworking space contracts in London will offer you the right solution!
Coworking spaces provide many benefits including convenience, dynamic environments in fully-functioning offices, access to private offices and meeting rooms plus much more.
But the biggest draw for most companies is that coworking spaces are cost-effective. Unlike traditional office contracts that are signed for an average of six years, coworking space agreements are typically short-term, 1 or 2 years at a time.
This means that renting coworking space has less financial risk than traditional office leases and enables you to be more flexible in your shop-term planning. You also pay fixed costs so there are no unexpected and unplanned costs such as fluctuating energy bills and maintenance costs.
Some coworking space agreements also mean you will avoid having to pay for the full term of a contract if you leave the premises before the contract expires.
However, not all coworking space agreements offer any flexibility on the condition of the contract. As a matter of fact, most coworking spaces in London tie you into fixed-term contracts – which can be pretty costly, and force you to pay for services you do not need.
Of course, the type of contract that best suits you depends on the nature of your business. Some business leaders prefer long-term leases that give you stability over agility.
Most businesses, especially fledging businesses and start-ups, will benefit more from flexible contracts.
Benefits of Flexible Coworking Space in London
With BluDesks, coworking space in London offers you all the flexibility you need – which makes managing office facilities cost-effective. You only pay for the office space you want – when you need it.
In the absence of a rolling contract, you are not tied to fixed terms. This means you are not paying for space that is not being used. Let’s say, for example, you rent a private office that is large enough for 20 employees. But you only have 15 employees.
With these types of coworking space agreements, you are paid for the space regardless of the number of people occurring in the office. That means you are overpaying for space you are not using.
With BluDesks, you can rent hot desks and private offices for each individual. That means you are only paying for the space you are using. And with coworking spaces for as little as £2 per hour, our pay-as-you-use service gives you more control over your outgoing costs.
Moreover, you have access to thousands of flexible workplaces and offices all over the world with a single-member pass and a one-time registration process. Finding coworking spaces and meeting rooms with BluDesks is simple, cost-effective and time-efficient.