The flexible office space industry is booming.
So much so, in fact, that it was recently the focus of this BBC article exploring how the sector is set to ‘change the way thousands of businesses organise their work force’ over the next five years.
It’s easy to see why a property solution that was once perceived as a bit ‘uncool’ has done a complete U-turn. Flexible workspaces (or serviced offices) are more that just bricks and mortar, and they’re indicative of a wider workplace cultural shift.
These days, serviced offices and coworking spaces are dynamic communities made up of resourceful people who want to grow their business and keep their employees happy. These two things are not mutually exclusive, after all.
Once the domain of startups, they’re increasingly being utilised by multinational organisations who need to adapt their workforce at short notice in line with the volume of work they have.
Here’s how you can use our flexible workspaces to shape your five year plan…
Year 1 – Coworking
When your business is in its early stages, you probably won’t have the time or money to invest in a private office. Coworking spaces offer the perfect antidote – they’re flexible, low-risk and collaborative in nature, enabling you to establish some meaningful connections as you go.
Our coworking lounge on Lower Thames Street, Monument.
You could start with a Smart Lounge membership and take on a Smart Fixed Desk a few months down the line when you need a more permanent presence.
Smart Lounge: Drop in and work from one of our lounge and breakout spaces.
Smart Flexible Desk: Have your own desk in a shared environment.
Smart Fixed Desk: Take on a coworking desk with secure locker.
Year 2 – The study
Once your business is properly established and you’re starting to make a profit, you may decide to take on an extra pair of hands to help out.
Having outgrown your coworking membership, the next step could be an internal two workstation office. This’ll provide you with the privacy you need to focus your efforts on growth and profit. Alternatively, you could purchase another coworking membership for your first employee.
Year 3 – Small private office
Fast forward to year three. After all the hard work and graft, your business is growing quickly and your team is expanding. It’s time to take your workspace to the next level.
The solution? A small private office with the option to upgrade to a larger one at short notice.
Spend your third year in a private office with city views and plenty of room for growth.
Year 4 – Large private office
If all goes to plan, the following year you’ll scale up to a larger private office. Like their smaller counterparts, all our large private offices are fully-furnished, containing IT, phones and fit-out to your specification.
Our large Mayfair offices on Brook Street have their own rotating collections of artwork.
Year 5 – Bespoke managed space
After five years or so in business, it might be time to invest in a managed space. A managed space is ideal if you’re after a longer-term contract and want to fully customise your own space.
Essentially, a managed workspace balances the flexibility and cost-effectiveness of a flexible workspace with the security and autonomy of a traditional leased approach.
When the time comes for you to take on an entire floor, or indeed, building, Halkin can hook you up with a number of locations across London.