{"id":811,"date":"2022-09-26T10:00:14","date_gmt":"2022-09-26T09:00:14","guid":{"rendered":"https:\/\/www.bludesks.com\/blog\/?p=811"},"modified":"2026-04-21T16:48:00","modified_gmt":"2026-04-21T15:48:00","slug":"flexible-coworking-spaces","status":"publish","type":"post","link":"https:\/\/www.bludesks.com\/blog\/2022\/09\/26\/flexible-coworking-spaces\/","title":{"rendered":"Is Your Business Growing Rapidly? Here\u2019s How To Manage with flexible coworking spaces!"},"content":{"rendered":"

Whilst the economic future looks uncertain, some UK businesses have the opportunity to capitalise on a market downturn. Every recession presents business opportunities<\/a>.<\/p>\n

As Del Boy would say, \u2018he who dares, Rodney, he who dares.\u2019<\/p>\n

The increasing shift to digitalisation and mobile payment gateways, in particular, indicates the coming years will be lucrative in the fintech space and insurance companies.<\/p>\n

But decisions need to be made to navigate the rocky ground. Growing a business in fast-paced markets requires foresight. One consideration that shouldn\u2019t be overlooked is how your company will scale.<\/p>\n

The obvious option is to lease office space that enables you quickly increase your workforce. But in the meantime, you\u2019re paying for space that you\u2019re not using. And if resources need to be carefully managed, you could be spending that money more effectively in other areas of your business.<\/p>\n

The alternative to a fixed-term office lease is to rent coworking space. Shared offices give you the flexibility your workforce demands whilst enabling you to manage your overheads.<\/p>\n

Low Start-Up Costs<\/strong><\/h2>\n

Whether you\u2019ve been up and running for several years or looking to establish your brand as a key player in the fintech space, being visible to clients is critical.<\/p>\n

Whilst finch companies can work remotely, adopting office space for your headquarters projects a professional image and helps to build trust with consumers.<\/p>\n

Yet the\u00a0cost of leasing office space in London<\/a> is through the roof. Quotes range from \u00a340 per sq. metre to \u00a385 per sq.m. The Financial Times reports that London\u2019s office leasing market is 8.2 per cent higher than in December 2021.<\/p>\n

On top of that, growing companies require continuous investment in office furniture, computers, air-conditioning, photocopiers and a raft of other amenities that are typically associated with a fully-functioning office.<\/p>\n

Moving into a coworking space enables you to lower your running costs and free up cash flow significantly. Moreover, you can set a monthly budget to one side so that always know what your outgoings are for office space and meeting rooms<\/a>.<\/p>\n

Avoid Long-Term Financial Commitments<\/strong><\/h3>\n

Whilst most coworking spaces will enable you to save money, it should be noted that every company has a different model where terms and conditions apply.<\/p>\n

You will find that most coworking spaces tie you to fixed long-term contracts – usually 12 months. This is not an arrangement that will work for a growing business that needs to scale quickly to accommodate more staff.<\/p>\n

The alternative option is to go with a\u00a0coworking space provider<\/a> that enables you to rent office space out by the hour. Not only does this avoid being pulled into a long-term commitment that stifles growth, but it also enables you to cut down on your monthly expenses so that you can grow even quicker.<\/p>\n

Facilitates Flexible Hours\u00a0<\/strong><\/h3>\n

The modern workforce wants flexible working arrangements. A study published by\u00a0Gallup<\/a>\u00a0indicates the preferred choice of business model is to switch to hybrid working<\/a>.<\/p>\n

The hybrid model means most offices will only have a skeleton staff. Leasing office space or tying yourself into fixed, long-term contracts waste money you don\u2019t need to spend.<\/p>\n

Renting coworking space by the hour<\/a> facilitates flexible working. And because BluDesks<\/a> gives you access to offices all over London, finding the ideal location is even easier.<\/p>\n","protected":false},"excerpt":{"rendered":"

Whilst the economic future looks uncertain, some UK businesses have the opportunity to capitalise on a market downturn. Every recession presents business opportunities. As Del Boy would say, \u2018he who dares, Rodney, he who dares.\u2019 The increasing shift to digitalisation and mobile payment gateways, in particular, indicates the coming years will be lucrative in the … Continue reading Is Your Business Growing Rapidly? Here\u2019s How To Manage with flexible coworking spaces!<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":813,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[7,34,43,30,5],"class_list":["post-811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-and-services","tag-coworking","tag-coworking-office-spaces","tag-coworking-spaces-in-london","tag-flexible-workspace","tag-meeting-rooms"],"yoast_head":"\nIs Your Business Growing Rapidly? 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As Del Boy would say, \u2018he who dares, Rodney, he who dares.\u2019 The increasing shift to digitalisation and mobile payment gateways, in particular, indicates the coming years will be lucrative in the … Continue reading Is Your Business Growing Rapidly? 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