Tag: flexible workspaces

Hybrid Work & Co-Working Spaces: The New Normal?

Date: Wed Aug 17 Author: Chelliah Nakeeran

As unprecedented as the Covid-19 pandemic was, so were the business trends in the fallout. Once lockdown restrictions were lifted, 85% of British workers didn’t want to return to the office.

The hybrid working model provides benefits to both employers and employees. Given the flexibility to work part-time from home and the rest of the time in the office, employees have the work-life balance they crave together with the autonomy to choose where and when they work and save money.

Businesses also have an opportunity to save money by downsizing offices. By transitioning to a hybrid model, there is less requirement to rent office space to house an entire workforce.

There are two ways to downsize; rent a smaller office from a commercial landlord, or rent flexible coworking space which gives you the flexibility to rent the space when you need it.

Given the increase in office rental prices and utilities, co-working spaces are becoming the most cost-effective and preferred option for numerous businesses.

However, office managers should be wary about the nature of the contract you are entering into with coworking spaces. It can be the case, that you pay for services or office space you don’t need.

BluDesks has designed a business model most other co-working spaces do not offer. Firstly, we provide you with a portal to multiple co-working environments in the city where you live.

Secondly, our facilities are based on a pay-as-you-go basis which means you only pay for the space you use. Ordinarily, you are paying for space you are not using. The BluDesks model enables you to manage your office costs accurately – and save even more money.

What to expect from coworking spaces with BluDesks?

BluDesks offer affordable and flexible coworking spaces in London and across the UK. That means no matter where your employees need to work, they have easy access to a co-working space with all the amenities you can expect from a fully-functioning office. Because of the choices available, your team can book whichever workspace suits their needs. For example, you will be able to find a conveniently located meeting room for a 1-2-1 and a small room for 3 or 4 people to brainstorm or a large meeting room to provide training or a presentation.

If your business relies on team collaboration, it may be more convenient and cost-effective for a colleague to meet in a location that is more convenient for them to reach than your main base.

As we discussed in a recent article, reducing the need for all your employees to commute helps to improve your ESG score. Co-working spaces also serve as a convenient option for employees who prefer to work in an office environment rather than working from home.

Whilst the number of UK businesses that have adopted a hybrid working model is still relatively low at 37%, the number will increase as more office rental contracts expire. With hybrid working environments set to become the new normal, business planners need to look ahead to determine how they can save costs.

Don’t Overpay For Coworking Spaces in London

Date: Tue Jul 19 Author: Chelliah Nakeeran

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.