06th March 2023
Starting something, anything can be an extremely terrifying & overwhelming, and one of the biggest decisions you'll have to make is where to set up shop. We all know that the current ecosystem has shifted itself to a remote work model, but a designated office space is still just as relevant and significant as it used to be.
There needs to be a dedicated office space for any startup that wants to make it big to ensure the productivity and collaboration amongst the team members.
Now we know you all must be thinking,
And we totally agree with you, but it’s 2023 and your startup doesn't need a traditional office space anymore. Flexible workspaces all across the world have made it easier and accessible for everyone to work in sync and collaborate efficiently, you don’t need to worry about finding a designated place to set up shop anymore. You could just grasp onto one of these flexible workspaces!
These ease and accessibility that these flexible workspaces have been able to put up on the map is just uncanny, but often people in the ecosystem don’t understand how these could in a way be better than the traditional workspaces at least when your startup is at an early stage.
So, let’s take a look on why the flexibility in workspaces is so important?
Now, we need to understand that for any kind of startup grow and evolve, Flexibility is Key!
With an early startup on it’s way to grow and evolve, it’s pretty hard for the workspaces to keep up. An evolving startup also needs a workspace which can grow and evolve with it, to help maintain if not increase the productivity and efficiency of the startup.
But again, the traditional offices come with a long term lease that lock you in for years to come and just leave you stuck in a space which might never be able to keep. up with the needs of your company.
This is where these flexible workspaces swoop in and meet your every expectation at every step, these workspaces usually have a short-term lease which leads you in a safe space with an option of switching anytime it doesn’t work out. On the other hand, they also let you customise your floor plans that can adapt your changing needs whenever you want, whenever you need to downsize, expand or even change the layout these workspaces never shy out from doing so!
An early stage startup always works on a budget, every system and activity is assigned a specific budget and each team needs to work with it. Usually getting an independent, traditional office space can be extremely expensive especially when they’re located over in prime locations.
Whereas, flexible office spaces offer a cost effective solution that allows startups to operate in the best of locations without breaking the bank. While you might have to work on the interior design of your office, put in some extra cash for the amenities and a lot more effort to actually make that workspace efficient to work, but on the other hand the flexible workspaces not only help you design your office as per the needs of your startup but also gives amenities like, high speed internet, printing and scanning services & meeting rooms which would reduce your overhead cost significantly. Additionally, with flexible leases, you only pay for what you need, allowing you to save money when your space requirements change.
Collaboration is key for any startup, and flexible office spaces are designed with this in mind. No startup can make it big till that collaboration is put into place.
A lot of these flexible workspaces offer shared spaces such as meeting rooms, lounges, and communal kitchens, promoting collaboration and networking among startups.
These spaces provide opportunities for startups to connect, exchange ideas, and work together, fostering a collaborative community that can help you grow your business.
One of the biggest challenges that any startup faces is access to resources, such as mentorship, funding, and talent.
Flexible office spaces often come with a wealth of resources that can help these startups thrive. Many flexible workspaces offer mentorship programs, networking events, and access to investors, providing startups with the support they need to succeed.
Additionally, with coworking spaces becoming more popular, startups can tap into a pool of talented individuals who can help them achieve their goals.
All in all, we think that flexible office spaces are an excellent choice for startups looking to establish a physical presence without breaking the bank.
If you're starting a business and looking for a workspace that can adapt to your changing needs, consider a flexible office space!