Coworking spaces offer the same amenities you would find in a traditional office, along with a lot more. A major differentiator is flexibility, since you don’t need to sign a long-term lease in a coworking space.
Coworking spaces are essentially shared workspaces. They offer affordable office space for those looking to escape the isolation of a home office or coffee shop.
These shared workspaces offer a suite of office-like amenities such as hot-desks, private meeting rooms, kitchens, coffee and more. Often, they also offer a community. Occupants typically are freelancers, entrepreneurs, start-ups and small teams who want to take advantage of a flexible space.
A serviced office is a fully furnished, ready-to-use office that is rented by the occupier on a pay-as-you-go basis. A serviced office building is managed by an operator and is typically split into a number of floors or offices that are rented by multiple business tenants.
As well as desk space, occupiers get access to the facilities required to run a business successfully, including reception support, access to meeting rooms, kitchen and breakout areas, printing services, events and networking opportunities.
Unlike a traditional office where the tenant signs a “lease”, the occupier of a serviced office signs an “agreement”. Agreements are simpler, shorter and there’s often more room for negotiation. There are usually no hidden costs, which makes it easier to budget.
Similar to a coworking membership but generally for one-off use rather than over an extended period of time. Hot-Desking offers convenience and flexibility.
Some providers allow you to rent a desk for a range of time periods such as hourly, daily or weekly so you only pay for what you need.
You may get access to a workstation with all the amenities you would get if you had a permanent desk such as Tea & Coffee, WiFi, printing facilities and bookable meeting rooms.
Hot desks can be implemented in private offices as well as coworking spaces. The flexibility associated with hot-desking is often linked to an increase in employee innovation, while the social aspect is cited as a way to encourage cross-disciplinary collaboration.
A virtual office can be used as a registered office address and boasts several advantages for company directors or business owners.
This product removes the need for costly premises. This allows you to embrace remote working and ideal for start-up’s and small business that don’t need to take on the expense of a physical office but with the appearance of one.
Providers offer an array of options which may include postal address, telephone answering or a combination. You may also be able to get specified access to their on-site facilities such as meeting rooms or desk space.