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Considering flexible office space? You are in good company. As more businesses move to agile ways of working, demand for flexible space keeps climbing. But "flexible office space" covers a few different things, so it is worth knowing your options.
The "flexible" part refers to the lease. Where traditional office space typically asks for a five to ten-year commitment, flexible options are available for much shorter periods. That makes them especially attractive to growing businesses, who might otherwise outgrow a long lease, and to anyone wanting to keep overheads predictable and commitments light.
There are two main routes into flexible workspace: a serviced office or a managed solution.
The key difference is control. A managed office lets you customise the design and change the layout. It is your space. A serviced office comes pre-fitted and shared. Both have their place; it comes down to the stage you are at and what feels right for your team.
Agility. Scale up or down as you need to. That suits a fast-growing team, or an established business setting up project HQs in different locations.
Run for you. Flexible space is looked after by an operator, not by you, so day-to-day maintenance and management are not your problem. You focus on the business.
Quick to move in. Turnaround is faster than a traditional fit-out. How fast depends on how bespoke your design is, but it is a quicker route in either way.
Cash-flow control. One all-inclusive monthly fee covers rent, utilities and the rest, so you budget against a fixed number rather than juggling separate bills and suppliers.
Before you start your search, it helps to be clear on a few things:
There are always more factors, but treat these as the opening questions to put to yourself and your stakeholders.
A managed office is a strong fit for companies who want a place to call their own, with the flexibility to grow and change. At Kitt, we look after everything, from finding the right space to designing it and running it once you are in.
