As office space in the post-Covid world continues to evolve, we are seeing more and more interest in flex office space. Flex office space often gives you the feel of a traditional office set up, without the strings attached. While some companies have remained fully remote, many have returned to the office in-person in some capacity and are finding they have a much smaller need than previously.
Some of the benefits of flex office space include:
- Term: Often, flex office space has a much shorter term associated with it, whether that be month-to-month, 6 months or 1 year. With traditional leasing, many leases have a minimum 3-year term which may be hard for some companies to lock into as their needs are rapidly changing.
- Size: You often have many options available to you, to allow you to grow your office size as your company grows. Perhaps you only need an office for 2 people when you start, and that quickly grows to a need for office space for 10 people, flex space allows you not to bite off more than you can chew.
- Costs: Typically, flex spaces will have a lower start up expense than traditional office space, which may include a build out with special finishes, etc. This allows you to move in and get started asap.
If you are in the market for flexible office space, give us a call to find out how we can help your business through this next transition.
