The benefits of adaptable office space in unpredictable times
How Flexible Office Space Can Help Growing Businesses Thrive During Uncertain Times
Staring a new business or company is hard work, there’s no doubt about that. Between writing business plans, searching for funding, hiring the right team members and curating an exciting, positive company culture, you also have to consider the basics: where will you house your team? Will you meet in-person or remotely? Which internet service provider is right for your needs?
Whether your business is in a steady state of expansion or you need some down time to re-evaluate your goals, a flexible workspace provider can help you take some of the stress out of operating a scaling company.
Flexible Office Providers Offer Shorter License Terms, Reducing the Risk of a Long Lease
A traditional commercial office lease will lock you in for a number of years, whether you’ve planned for the next ten or not. If you own a growing business, you know how quickly circumstances can change. For example, if you’re scaling at speed, the floor plate you initially take may not have the space you need after a big hiring push, or that big investment. Likewise, if you need to downsize, you don’t want to be left paying for empty desks or square footage for a long period of time.
Flexible workspace providers offer smaller floorplates and will work with you to figure out what space works best for your business in the immediate. They’ll assess your needs, based on your business growth and strategy, and can suggest solutions that will ensure the right fit. In some situations, that maybe be a larger private office suite to account for future hiring. Perhaps you have a team that works half-in-office-half-hybrid, so a bank of dedicated desks in a shared work environment could be best.
By negotiating traditional leaseholds with landlords (or owning the office property outright), flexible workspace providers like Grafter take on that risk for you, the member. You might take a license agreement for six months or twenty-four with an option to renew – or at that stage, perhaps you’ll need a bigger space altogether! Grafter has an international portfolio of luxury offices in thriving neighbourhoods, so when it comes time to grow, you know you’ll be in the same good hands that were there at the start.
Locked-In Utilities Rates and Rents Provide Peace of Mind
Good news for your CFO: when you join Grafter, your utility rates and rent are agreed and locked-in at time of signing.
In our current climate, skyrocketing energy bills can seriously impact the operation of your small business. Nobody likes to get a surprise energy bill, but when you’re trying to grow a company, a sudden, unforeseen overhead can be doubly stressful.
Accurate financial planning and transparency is key for the success of your company, and we’re proud to help you plan for the future with a level of certainty. Once you agree a rate with Grafter, you won’t see an increase until it’s time to renew – and once again, we’ll sit down with you to ensure you and your business have a forward-looking solution that you’re comfortable with.
All-Inclusive Costs Negate the Need for Excess Spend
When you take an office with a serviced workspace provider, you’ll find all of the little details are taken care of. Your rates are included in one monthly fee – that’s anything from property rates to WiFi, maintenance to electricity and furniture. Serviced workspace offers a seamless, plug-in experience, so you can move in and thrive.
In a serviced office, you don’t have to worry about organizing maintenance if there’s a leaky tap or sourcing expensive furnishings for a meeting space. You’ll save on internal resources – both time and money – by opting for an office that has everything provided for you, giving you more scope to focus on what’s really important: growing your business.
At a luxury provider like Grafter, we go beyond the expected and offer an elevated level of service for our members. You won’t have to work out a milk-rota; our kitchens are fully-stocked with coffee, teas, milk (even wine and beer!) plus a continental breakfast offering. On arrival you’ll be greeted by your on-site concierge member host, a friendly face who can help organize deliveries, handle mail and greet your clients.
All of this comes as part of the Grafter membership package. We believe work is more than a place you go. It’s something you do – and we aim to make it the very best possible experience for every one of our members.
During times of uncertainty, there’s no better partner for your business than a flexible workspace provider.
At Grafter, we are focused on your company’s success and continued growth, and on building a lasting relationship together. Whether you’re scaling up, re-evaluating your plans or are simply curious about joining the Grafter community, get in touch and have a chat with our Sales Team.