Category Archives: Executive Suites

Is Coworking Space really just an Executive Suite?

Coworking spaceThere is quite a bit of public confusion over the terminology used in the office space industry regarding executive suites and coworking space. Many still believe that an executive suite describes the suite of offices on or near the top floor of a skyscraper where the top executives of a company used to work; including only the president or chief executive officer, various vice presidents and their staff. In other words, only the top brass. While coworking space is a relatively new phenomenon and many do not understand what it is. Here is some information that will hopefully clear up the confusion.

Essentially, what they both are is shared serviced offices operated by a management firm that house multiple companies. They have different styles to accommodate different workplace goals. Coworking space has become an extension of the executive suite concept with a different spin. Originally coworking space was intended to serve like kinds of businesses that could work together while still being independent. They have morphed into offices with networking opportunities with other occupants. Here is another article on the idea “WeWork Is Basically Regus With A Paint Job.” WeWork is the largest Cowork provider and Regus the largest Exeutive Suite Provider.

The executive suite / coworking centers are an excellent option for small companies, branches or companies that need flexible lease lengths. Many firms, large and small, choose to operate their business or satellite offices from an executive suite.

Executive suites and coworking spaces are both essentially shared offices with services provided by a management firm. They are a great way for small or growing companies to get off to a fast and low-risk start and a great way for a fast-growing company to have the flexibility for rapid growth. Whether you choose to go with the more conventional executive suite style or the newer coworking trend with depending on the way you want to work.

Generally, executive suites cater to those companies looking for privacy in their workplace; Businesses or individuals who want to be in offices. Coworking space is more suited to those looking to create synergy and network with other companies or individuals located in the space.

They both offer features such as utilities and janitorial, receptionist, secretarial,  personalized telephone answering, mail handling and coffee and food service on-site. There are still a lot more of services that you can avail. They are very much customizable depending on your style, budget and needs.

In an Executive Suite or coworking office, your efforts can be dedicated entirely to your business, while the management company is responsible for typical office management. You will enjoy a professional reception and support personnel without the headaches of hiring, training and employee benefits; state-of-the-art business equipment without purchasing and maintenance problems, and; a staff attentive to both you and your client’s needs.

Executive Suites, along with coworking office space, allows you the added flexibility of short term or long term obligations – both from a planning and a financial statement point of view. Other benefits include:

  • Convenience – A small office near home or the people you do business with every day.
  • Cost – Attractive, professional office accommodations at roughly 30-50% of the
    cost of equipping and staffing conventional office space.
  • Flexibility –  Full or part-time accommodations are generally available (hourly, daily,
    weekly, monthly, annually).
  • No capital investment – There is no need to buy or lease office equipment or furniture. Private offices can be completely furnished as well.
  • Control of operating costs – Offer state-of-the-art business support services which are billed to clients.
  • Higher productivity  – By leaving the operation of your office to a staff of trained professionals, your company personnel can concentrate on managing and marketing your business.
  • Enhanced technology and services – Most Executive Suites / Coworking space provide enhanced Internet technology and first-class concierge handling of business needs.

If you are interested in estimating the cost of an executive suite or coworking space, give our executive suite calculator a try. It will compare your costs at an executive suite type space with that of a conventional office space.

If you are looking for an office, we’d love to help. It is what we do day in and day out. We not only find the right space for your business but also negotiate the deal with you to ensure no mistakes are made and that you get the best deal possible. Contact us for your no obligation meeting.

Office Space Alternative Choices for Smaller Businesses

office space alternativesIdentifying your priorities is a key to finding the right office space and determining an office space alternative for your company whether it is large or small. A full needs analysis is critical in the beginning of the process to make sure you are looking for what you need. Studies have shown that what matters most when selecting office space for rent is pretty consistent.

Here is where the priorities stand in importance:

  • Location 50%
  • Value 35%
  • Image 10%

If you want to go into more depth in analyzing your needs, we provide an Office Space Planning Checklist on our site so that you can make sure to consider all the major considerations when starting the process of finding you office space. In addition to the checklist we also offer an Office Space Calculator that allows you to determine the amount of office space you will need.

Operating a small business can be both exciting and lucrative. More and more people are leaving the traditional workplace to open their own ventures and becoming quite successful. Freelancing is becoming more and more popular. Many startups begin with only the owner working in the business which makes leasing or renting office space the largest overhead expense. There are practical ways to cut this big overhead item by thinking creatively. There’s no reason that every business needs a walk-up storefront in order to succeed.

Other than trying to find a small conventional office space for lease, here are some of the office space alternative choices available for smaller businesses:

Share an Office

If you have friends or colleagues who are also starting businesses that don’t require storefronts, consider leasing a spacious one or two room office and split the expenses equally. This reduces the costs for electricity, internet, janitorial, and other equipment leases. Instead of each office partner procuring a copier, fax, and other equipment that both parties use, only one item is needed, significantly cutting the cost. Compatible services work well in shared office spaces. One example that has proven to work great in shared spaces might be a software development company and a computer technology company. There are many other compatible combinations; just be sure there won’t be a conflict of interest or direct competition. Instead, seek an office mate that will be synergistic to your business, so you can help each other grow and thrive.

Executive Suite

These are shared office with services run by a management company. They provide not only office space but furniture, phones, Internet, office equipment and administrative service. They are typically a full floor of a prestigious office building and you will have lots of other small businesses around for networking.

Selecting the right serviced office is an important step in ensuring the success of your business. The reason for this nomenclature is that the office comes with all of the most common services already in place. This type of office is often called a “turn-key” office or an executive suite.

If you need a venue to hold meetings with clients, sign contracts, negotiate, and do some paperwork, this office solution might be just what you should lease. By renting this type of business space, you’ll have a furnished private office with computer equipment but share common needs such as reception area, meeting room(s), and other resources used by the entire group housed in the overall space. You’ll be able to use certain equipment and services on a “pay per use” basis.

Here are tips and caveats you should be aware of when selecting a serviced office for your business needs:

  • Location: Choose a location which is convenient for you, but also convenient for your clients. Is there parking available either on-site or nearby? What about handicapped parking? Is the building easy to spot or well-known? You want your clients to be able to find you easily and get to your door without walking blocks in the wind, rain, heat, or cold.
  • Appearance: Does the building entrance, lobby, and office interior make the statement about you and your business that you want and need? You need furnishings which are attractive and elegant yet not pretentious. Making the right statement about your operation is critical. Is the meeting room comfortable enough for a two- or three-hour meeting if those are occasionally part of your business lifestyle?
  • Equipment: Learn what equipment is provided in the turnkey office lease. You will likely find a desktop computer included but check to make certain it is powerful enough to meet your needs. Learn what the restrictions are regarding bringing in your own laptop or other equipment if needed. Realize that equipment you own may not be covered by the insurance covering other equipment, so keep this in mind and learn if the services provided by any specialized equipment are available nearby for a fee. Also, learn what speed internet connection is provided and ensure the speed meets your needs. If wifi is important to you, find out if it is in place.
  • Receptionist: Listen to the receptionist answer a phone call or call in yourself to see how the phone is service. Your messages will be taken by this staff person and your clients will have contact with him or her, so you want to ensure the job is done well.
  • Pay Per Use: Speaking of fees, you want to make sure exactly what the fees are for every pay-as-you-go service. These services will almost certainly include use of the copier and fax machine but may include other services such as large paper printers, binders, or other less common equipment. Ascertain that the costs are reasonable. Compare prices with nearby providers for services you use in massive quantities; it may well be less expensive to have the local Kinko’s or similar store produce large copying jobs. Ensure you don’t get “nickeled and dimed.”
  • Lease Provisions: Carefully read all the provisions in the rental agreement. Unlike renting vacant office space which you staff, there will be extensive details about what your private area will contain and what can or can’t be done with it, who must maintain what items, and other matters which deserve your attention.

Provider: Find a reputable executive office suite provider to help you locate the perfect serviced office. You can find great brokers online, Like OfficeFinder.com, who have sound knowledge of this type of office and are waiting to help you.

Coworking

Much like office sharing, co-working is a office space alternative concept originated in 1999 where entrepreneurs and small business owners who share the same values ban together to form a community of business people. Coworking usually begins when networking partners find they enjoy the social aspects of working in the same space and may often help either other’s business in various ways. The partners then lease an office space, sharing all expenses. Each of the co-working partners conducts their own business in their own workspace in the shared office and the co-workers may share support staff such as receptionists or clerical staff in order to keep overhead costs low while providing everyone effective support for their small businesses. This concept is growing into a great solution for hundreds of like-minded small business owners.

Coworking is a style of work which involves a shared working environment, sometimes an office, yet independent activity. Unlike in a typical office environment, those coworking are usually not employed by the same organization. Typically, it is attractive to work-at-home professionals, independent contractors, or people who travel frequently who end up working in relative isolation. Coworking is the social gathering of a group of people, who are still working independently, but who share values, and who are interested in the synergy that can happen from working with talented people in the same space.

Some coworking spaces were developed by nomadic internet entrepreneurs seeking an alternative to working in coffeeshops and cafes, or to isolation in independent or home offices. Surveys show that many employees worry about feeling isolated and losing human interaction if they were to work remotely. Roughly a third of both private and public-sector workers also reported that they didn’t want to stay at home during work. Coworking offers a solution to the problem of isolation that many freelancers experience while working at home, while at the same time letting them escape the distractions of home.

Business accelerators, business incubators and executive suites do not seem to fit into the coworking model, because they often miss the social, collaborative, and informal aspects of the process, with management practices closer to that of a Cooperative, including a focus on community rather than profit.

Coworking is not only about the physical space but mostly about establishing the Coworking community where businesses can work together creating a synergy.

The benefits of Coworking can already be experienced outside of Coworking spaces and it is recommended to start with building a Coworking community first before considering opening a Coworking space. However, some Coworking Spaces don’t build a community, they just get a part of an existing one by combining their opening with an event which attracts their target group.

A lot of Coworking communities have been formed by organizing Casual Coworking events that can take place in people’s living room or in public places such as suitable cafes, galleries or multi-functional spaces. During these events Coworkers can experience the benefits of Coworking and get to know each other which lowers the barriers to join a Coworking space later.

Virtual Office

Today, you really don’t need a specific location for an office with walls. With mobile wireless internet services, hotspots available in most metro locations and even urban areas, multiple personal data devices, and smartphones that do almost everything a computer does, it is possible to work anywhere at anytime. You can operate your business from your living room sofa, poolside, in your vehicle (please stop your vehicle in a safe location before texting or computing for safety), in a coffee shop, at McDonald’s, and right at your client’s desk. By using online services such as GoogleDocs, your information can be safely stored online for presenting to your client easily. With outsourcing of many tasks, you can take your laptop and smartphone and conduct business in any location you desire. If you do have a need for an office, Executive Suites also offer a virtual office service as a office space alternative that allows you to use an office or conference room on an as needed basis.

Lease a Desk in a Business that Buys Your Services

Often, a small business begins because on business requires the services that will be offered. For example, an insurance company may regularly require the services of a licenses investigator. If your small business is complementary to a local business, check into leasing a desk in an unused area of the office. In tough economic times, many offices are willing to lease a desk space to a small business that is not in conflict with their own business.

Home Office

The vast majority of small business startups begin in a home office. This type of office space alternative allows the entrepreneur to begin conducting business without making a huge commitment to overhead expenses. Also, many owners of small startups begin their venture while working a traditional career, making certain their business will succeed before giving up the regular paycheck. Some of these small businesses never move out of the home office, even after hiring an employee or two. Of course, if the operation grows large enough or requires a great deal of inventory, the time will come to move from the home, but many virtual service businesses never leave the home office.

More and more entrepreneurs today are operating small but profitable businesses from the comfort and convenience of their own homes. Most home-based businesses start small and provide a second income to a person that works in a traditional workplace. As the business grows and thrives, many are choosing to grow their home businesses and give up the traditional job.

There are some very clear advantages to being able to work from a home office; there are also some drawbacks to consider. Here are a few of the points to consider if a home-based business is in your future:

Pros:

Freedom: When working from home, you can often set the hours you want to work. You can maintain better flexibility when time is needed for children, doctors appointments, and other things you’ve longed to be able to fit into your schedule. This can be a huge advantage for self-motivated people. Lots of productive work can be accomplished after the kids are in bed or very early in the morning.

No Commuting Hassles: No one really enjoys commuting to work, whether they drive, carpool, or take mass transit. Commuting eats into your free time when working in a traditional office. With a home-based business, your commute is only the distance from your bedroom to the room you have set aside for your workspace.

Time Savings: Without the commute, you will save many hours a week that you would be normally in your car.

Tax Benefits: Home businesses often qualify for business dedications when income tax times rolls around. Of course, you’ll need to speak with your tax professional but you’ll likely be surprised at how much you can deducted for your home office and operating expenses, significantly reducing your tax burden.

Low Startup and Operating Costs: There is little overhead with an office space in your home. After all, the room was already there, you just hadn’t defined it as your office previously. You may need to update your computer or add an extra phone line for faxing, but the costs of start-up will be minimal compared with a traditional office. Also, there’s no rental or lease to worry about. You don’t have to own nearly as large a collection of professional clothing when working from home.

Cons:

Discipline: Working from home requires a great deal of self-discipline. It’s very easy to become motivated at first, but over time it is also easy to allow yourself to see all sorts of things that need done around the home and begin procrastinating about business tasks.

Business and Family Overlaps: It’s also very easy to allow your family to interrupt your business time. Just as easy, many people end up spending time working that should have been quality family time. Making a set of clear boundaries is necessary but difficult.

Boundary Issues: It is very easy to “go to work” since it is just around the corner, but it can lead to family problems of another kind.  There is no boundary between home and work and it can become a problem, or a very delicate balance, for the very highly motivated entrepreneur.

Stagnation: Lack of social contact is an issue for some outgoing people who decide to try working from home. It’s also very easy to lose contact with your professional network. This makes it much more difficult to remain on the cutting edge of progress.

Pressure and Stress: While working from home is flexible, it is also easy to work yourself into stressful, pressured situations. You want to please all your clients and generate constant leads. Many people become overwhelmed by trying to do too much. Some set unrealistic goals. They attempt to achieve them while others simply take on too many clients or fail to outsource when necessary.

Image: Depending on your client and customer contact, your company’s image could come into question. Setting up a client meeting at home or Starbuck’s can be less than impressive. There are alternatives such as a virtual office. They are pay-as-you-go subscriptions for office space. You have an official business address with an executive suite operator. You can use their facilities on a “as needed” basis.

Warehouse Rental

Storage warehouses of various sizes are zoned commercial and in most areas can be used as a business location. These warehouse locations are great for the small startup business that manufactures a product, purchases and adds quality to an existing product before sale, and service companies that provide auto repair, computer repair, and similar services.

If your business is the type that does not really benefit from a “flashy” storefront, this can be a great solution for keeping your startup costs very low. Traditionally, people seeking auto repair, auto body work, auto paint, motorcycle accessories or repairs, and similar services tend to believe that if the storefront is too fancy, they will be overcharged. These types of business can actually benefit from the casual office space offered by leasing a storage warehouse. Just make sure the type of business you are starting meets the zoning regulations and the landlord’s lease restrictions.

We’d be happy to help you with finding the right office space alternative. Let us know a little about what you need and we can get to work identifying some options for you. There is no cosst for this service. Give us a try!

 

3 Flexible Office Space Alternatives to Conventional Office Space

flexible office space alternativesLooking for flexible office space alternatives? Don’t want a conventional office space? Considering your alternatives for a workspace? If you are starting of new business, considering a new base of operation or need a physical office space, here are some modern alternatives that can save you money on your rent costs; Coworking Space, Executive Suites and Virtual Office.

Coworking Space

Have you heard about “coworking space”? Unlike the typical office setup, a Coworking Space allows you to work in a casual and relaxed work environment that will suit your style and requirements. This is a facility that you will share workplaces by different professionals, different industries and mostly freelancers. Coworking Space promotes collaboration, creativity, best practices sharing, networking, socializing and creating new business opportunities. This is great for freelancers and independent professionals because of its flexibility allowing you to expand or contract as needed, with no long-term contracts. Coworking spaces are generally less expensive than Executive Suites, which you will find out more information about next. More…

Executive Suites

Now if you need more privacy and confidentiality, you should investigate an Executive Suite. Executive Suites are essentially shared offices with services provided by a management firm. They are also known as an Office Business Center or serviced offices. The disadvantage of this privacy is that you will miss some of the networking and collaboration available in coworking spaces. However, this is also great for small businesses and startups. You get the same benefits or services of having own facility at lower cost and with no long-term commitments. It is a great way to have project a good brand and identity to your client as they your office located in impressive business centers. More…

Virtual Office

Home based jobs, running or starting up small businesses from your home are very rampant nowadays. This is because of the available technologies and internet access can provide, nothing is impossible in running your business wherever and whenever you want. Almost everything can run virtually in the cloud. However, we must accept that frequently clients and customers are looking for assurance the and one way to give them that is to provide an established office address. A Virtual Office rental is one of the solutions. Having an established and prestigious business address will make your clients or customer more feel secured and confident in doing business with you. In Virtual Office, you’ll get to enjoy the same convenience of having your own business address such as having a local number, mail box, admirative support and very presentable meeting rooms at low cost. You can continue working comfortably of your choice, from home or other location while you keep your virtual office as your official business address. More…

All these flexible office space alternatives offer benefits to small entrepreneurs or working from home businesses and freelancers. It will simply give you the office-feel environment, yet you still have the benefit of flexibility.  Some of the common advantages of getting these types of office set are that you will be more effective; especially if you are working from home. It is a much better replacement if you sometimes use cafes or restaurants to work or meet clients. They also will help you avoid distractions.  Working in these types of workplaces will help you avoid loneliness and burning out. You will be surrounded by other passionate entrepreneurs who will help energize with their energy in striving for success. Most importantly is the flexibility, it allows you to rent a space shorter or longer, bigger or smaller space, it’s very flexible allowing you to work your style and within your budget.

Whether it is a virtual office, Coworking Space and Executive Suites, we hope we helped you to get a better idea of your office space options.

OfficeFinder is ready to assist you in your search for flexible office space alternatives at no cost to you!

OfficeFinder, LLC is a leading web-based office space referral and information network with highly qualified local office space leasing and sales professionals throughout the US and Canada. OfficeFinder collaborates and continuously exerts effort to connect with large, small and well known commercial real estate companies.  Professionals from OfficeFinder are great partners who can help you to locate and find the right business space that suits both your needs and style. Simply contact us and provide a few details for us to be able to assist you. There is no obligation and there is no cost to you. You get assistance and options you need in finding the best workspace for you and your company!

Flexible Workplaces: Just What the Entrepreneur Needs

Flexible workplacesStarting your own business is a bit like “leaving the path during a hike and creating a new trail through the woods,” explained Gearmunk founder and CEO, Erik Boles. “You might come up on an oasis” or you might find a cliff. According to a report in the Colorado Springs Business Journal, Boles is one of about 15 startups and 25 small businesses that has benefitted from the help of Epicentral Coworking, a flexible workplaces company that not only offers investment money to new businesses but also a downtown coworking space in which the company can take root. About seventy percent of new businesses fail, the report notes, and Epicentral’s aim is to give as many new businesses a leg up as possible.

Money isn’t the only issue that startups face, the report explains. Beyond that, it’s a lonely venture in which founders are in urgent need of community support. And that support is what flexible workplaces like coworking space or executive suites can provide. The CEO of Epicentral notes that many of the people working there will contract the services of others there, or even hire them as employees. Five major projects have resulted in the ability of the coworking startups to lend their expertise to each other.

In addition to the help from a community of other small businesses and startups, companies in coworking spaces or executive suites find flexibility in leasing — renting a desk or office space for a few hours a day or for weeks at a time instead of being tied to a long term lease such as a traditional office space would provide. And for some entrepreneurs, that’s just the kind of help that can make the difference between blooming and bombing.

Would you like to know more about flexible workplaces like coworking spaces or executive suites and the impact they can have for new businesses? Contact us.

Virtual Tour Benefits for Office Space Providers

360 office space virtual tourWe have a lot of blog posts about the benefits of virtual tours for office tenants who are looking to find office space. The type of virtual tour we are talking about are not videos, but totally interactive 360° x 180° high definition panoramic photography. The stuff that makes you feel like you are really there; that gets a WOW out of you when you see it.

Here is what tenants looking for office space like about virtual tours:

  1. Virtual tours save a considerable amount of time since you, tenants, can short list the most viable alternatives without having to visit the ones that clearly won’t work.
  2. You can look at them whenever and however often you want.
  3. If you are out of town looking for space, virtual tours will give you a better idea of what is available in the market without multiple trips and expense.
  4. You can share the virtual tour with others to get their opinions without making them visit the space in person.
  5. They are desktop computer, tablet of mobile device compatible.
  6. They are fun, especially if you have VR headgear.

But what about providers of office space such as executive suites, coworking spaces or even conventional office space?

Why should providers of office space want to have a virtual tour?

First of all tenants like them for the reasons given above. You’d think that would be enough, especially since they are relatively inexpensive, but there is more.

Your website will be enhanced. Virtual tours are easy to add and won’t slow down your website. With a custom virtual tour the images are pixilized. Each scene is divided up into multiple smaller images that appear as needed so that they will load quickly. As alternative, you can also embed a Google virtual tour. Those images are stored on Google and load quickly too. I will show you the comparison of the two at the bottom of this post.

A virtual tour that is published on Google Maps, powered by their Street View technology, will help your search engine positioning and expose your property to more prospective tenants. You will have more eyes on your property and more visitors to your website. After all. Google is the number one Business-to-Business search engine by far.

How much do they cost?

The base cost is $550.00 which includes up to 10 “scenes.” That is plenty to provide prospective tenants the “flavor” of your space.

It includes all photography and both the Google version and a custom versions similar to the one below. The price may vary by market subject to photographer availability. We only use “Google Trusted Photographers” to ensure the high quality work that has allowed them to earn the designation.

As “Google Trusted Photographers” ourselves we have hundreds of approved panoramas posted on Google Maps.

Google Trusted Photographer

Here is what Google has to say about it:

  • When searching for businesses, consumers use mapping products 44% of the time.
  • On average, 41% of these place searches result in an on-site visit.
  • Listings with photos and a virtual tour are twice as likely to generate interest

Even more reasons:

Your Google business listing is your company’s most visible asset. Improve your presence with a Google Street View virtual tour.

When a prospective tenant searches for you, they will find you on Google Maps. Make sure that their first encounter is a great one with a WOW factor.

Real Examples of the Same Virtual Tour

The Virtual tours below are the same tour with the same 360° x 180° panoramas, but the first is from Google Maps and embedded here, while the second is on the OfficeFinder website. Both are better viewed in full screen.

Google Maps Version


Click the icon in the upper right to view full screen

Custom OfficeFinder Version


Click Here to view in full screen (recommended)

Want to learn more about getting a virtual tour for your property?

Call us at 425-391-8900 or Visit OfficeFinder Virtual Tours

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Report: Flexible Office Space Becoming A Necessity For Businesses of All Sizes

According to a recently published reportFlexible Office Space Report from Cushman & Wakefield, along with Unwork, rapidly evolving technology and a changing workforce, flexible office space is becoming an essential component of commercial real estate strategies for both large and small companies. Companies looking for office space aren’t seeking a long-term lease these days. They want workplace options that they can — with little time or money invested — make fit the size of their company now, grow within, and that won’t burden them someday with unused space. In other words, flexible office space

While the old adage about “location, location, location” remains true, everything else about what an office building should provide has changed and is continuing to change. The world has reached a point where one of the hottest commodities of real estate is workplace as a service offerings. Consider these facts from a 2016 report from JLL:

  • It is predicted that one million corporate members will be using coworking spaces by 2018.
  • 61% of coworking space providers are planning to expand their operations.
  • A poll of corporate members reveals that 74 percent stated that the ability of employees to think, talk, and brainstorm together creates the most value for the company’s organization.

Accelerator and incubator spaces that are available for start-ups to use immediately are becoming popular attractions in the new office building concepts. Coworking spaces that encourage interaction from different employees, to encourage new ideas and to bolster movement. Modular workspaces that can be changed up or retrofitted to suit new occupants or new styles in a fast-paced and ever changing market. Beyond location and flexibility? The Cushman & Wakefield/ Unwork report says that the next most important provision of a new office building should be amenities. Free or heavily subsidized food, the ability to take classes on-site, great devices. Anything that makes that building and the benefits of working there stand tall against the competition.

Are you looking for flexible space in a great location? We can help! Contact us for more information.

Take A Tour of Flexible Office Space in the Safeco Plaza in Seattle:


Click Here to view in full screen (recommended)

See More OfficeFinder Virtual Tours

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Office Space Buzz Words for 2017? “Flexible Workplaces”

Flexible WorkplacesAccording to a recent blog post written by Cindy Krischer Goodman, and published by the Miami Herald, one of the biggest movements of 2017 is likely to be the continued rise of flexible workplaces. Fueled by the Global Financial Crisis of 2008 and powered by a workplace now heavily inhabited by millennials — a group that strives for a work/life balance — the number of companies offering flexible workplace options for their employees is the highest it’s ever been.

In fact, Goodman notes, 80 percent of 375 companies recently asked, state that they offer some form of workplace flexibility. Many of these options include tele-work days, flex time, and shortened workweeks. However, other ideas being utilized by companies involve work-from-anywhere plans, and independent contract work. Videoconferencing is becoming a norm for companies that are escaping the traditional workplace, as are shared calendars and computer monitoring programs.

With a tightening market and employees that may have more than one job offer, the flexibility of the workplace is becoming an important benefit. By next year, Goodman explains, “agile” workers — those working in a temporary, contract, or freelance capacity — are expected to make up as much as 50 percent of the workforce in the U.S. This is all a part of the new “Gig Economy.” The word “Gig” is slang for a short term work engagement, similar to what a musician would have with a date to play music.

Enter coworking spaces. Somewhere between a coffee shop with free Wi-Fi and the business centre of the 80s, coworking spaces offer the combination of flexibility that agile workers require and the business culture that they need. A recent report from DTZ predicted that there will be close to 50,000 coworking spaces available by next year, providing benefits such as short-lease occupancy, remote working, and a simple solution for start-ups looking to focus more on their business offerings and less on their location. As we discussed a few weeks ago, Coworking spaces are not just for small businesses. Many Fortune 500 companies use them as a source for providing flexible workplaces to their employees.

Would you like to find flexible workplaces in your market or learn more about the benefits of coworking spaces? If so, feel free to Contact us!

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Three Benefits of Using OfficeFinder’s Office Space Virtual Tours

Safeco Plaza office space Virtual ToursChoosing the right office space for your business is vitally important. The location, size, layout and design of the space will have a major impact on how your company is perceived, and how productive you and your employees are. You can’t tell how a space will work for you until you’ve seen the interior and exterior of the building and that means taking time out of your busy day to meet with the real estate agent or property manager. Well, it used to. Now, OfficeFinder’s office space virtual tours allow you to tour prospective office space in the Seattle and Bellevue Metro Markets anytime you’re free. It also gives you the opportunity to narrow your choices down so you don’t waste time looking at spaces that won’t meet your needs.

1. You Can Easily View Multiple Spaces

Finding the perfect office space is no easy task. It’s unlikely that the first property you look at will suit your needs perfectly, so you need to review several properties. Traditionally, that meant driving from location to location, walking through, taking notes and pictures and later, comparing them. With virtual office space tours, you can do a walk through of multiple properties in just minutes, and compare them side by side without all the hassle. Even better yet, you guide your own tour, rather than being led through, which means you can focus on what really matters most to you, without anyone’s influence.

2. You Will Save Time & Energy

Sure, it’s important that you find a new office space, because your business is growing and your needs have changed since you moved into your current office space. But, let’s face it, you’ve got more than enough on your plate already and running around town looking at office spaces is just going to bog you down further. You’ll put so much time and energy into the process that you won’t have the ability to focus on what really matters; running your business. When you look at properties using office space virtual tours, you can do it anytime, day or night, on the weekend, or even on a holiday. Your time is valuable, and you should be in charge of how you spend it and when.

3. You Can Narrow Your Choices

There are a multitude of office spaces available to you, but you can’t tell by a few photographs and listing details which are truly suited to your business. If you take the time to visit every site you may be interested in, you’ll be wasting your time on some because they’re simply not adequate. When you take a virtual office space tour, however, you can imagine how your business would function within its walls. You’ll get a real feel for the size and layout of each space without having to actually go there. This simple step will help you narrow down your choices so you can make an in-person visit those that are truly what you’re looking for.

At OfficeFinder, we’re very aware of how precious your time is, and that’s why we’ve begun to offer office space virtual tours of some of our properties. At the moment, we’re working on virtual tours of our executive suites and some co-working spaces in the Seattle and Bellevue metropolitan areas.

Here is an example of one of the many office space virtual tours we have available:


1001 4th Avenue 32nd Floor in Seattle
Click Here to view in full screen (recommended)

If you need office space and want to save the time and effort of searching by yourself, please contact us and we’ll be happy to assist you.

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3 Benefits of Third Place Working

Third Place WorkingThird place working is an innovative way to do business. The standard workplace has almost always been known as the office. Third place working involves taking your work to an outside location. These locations can include anywhere from a cafe, a park, a club to coworking spaces or executive suites. The reason behind the term third place working comes from the idea that your home is the first place, your workplace is the second, and an alternate workplace would be known as third place working. These new work environments have some terrific benefits.

3 Benefits of Third Place Working

  1. Promote Creativity. Spending your days in an office building is not always conducive for the creative process. If you were to get outside, see nature, and be able to people watch the ideas may come more freely. It will change your state of mind and open you up to new possibilities.
  2. Close and Cost Efficient. Naturally, any spot you choose will need to be a good match for your business needs. The spot should be close to the office, and will possibly be just a short walk away. If you will be in need of internet access, make sure you are able to connect to a wireless network. Most cafes will offer wireless networks. One of the greatest benefits to third place working is that your chosen location will either be very low-cost or free. Strolling through the park or using a table there is absolutely free. If setting up shop in a cafe, it is suggested to make a purchase. You want the cafe owner to understand that this is a win-win situation. They need to know that you being there contributes to their business, and that you are not just taking up space. Finding a spot that is usable and comfortable will enable you to work more effectively than you can imagine.
  3. Positive Atmosphere. The general mood in such places as parks and cafes is usually a positive one. People choose to be there because they enjoy the atmosphere and conversation. This creates a happy aura about the place, which you will feel. It has been shown that being positive and happy is connected to productivity, as well as creativity. You may also opt to meet clients in the location. This can have some great benefits. It makes you more human. Having a meeting in an office may make a client feel like you have the upper hand. If you meet in a neutral place it levels the playing field. The conversation may feel less contrived and will be more open. This can result in better satisfaction for you and the client. Of course, this may not be an appropriate idea for all meetings. You will be able to judge when it will be most beneficial.

There are many ways choosing third place working can help your business thrive and allow you to become more productive. Third place working is a new way of thinking and moving forward. Give it a try, experiment, and see what works best for you. If you would like guidance or have questions, please contact us.

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Benefits of Flexible Workplaces

Flexible WorkspacesThe idea of flexible workplaces began in the 1980s, when business centers developed. Regus, the worlds largest provider of flexible workplaces was founded in 1989. Overt time the idea of a flexible work environment has changed and expanded to allow for unique arrangements that now include coworking spaces, agile office space as well as many other options. Because there are so many good options available to businesses today, companies that aren’t interested in a traditional office can still get great space that works for them, their clients, and their budget.

For our purposes here, we will focus on the flexible workspace options for companies looking for smaller amounts of office space, whether small companies or branches of larger ones. For them, flexible workplaces provide the opportunity for  to have all the resources they need, but they will pay significantly less than they would with a more traditional office space. Much of that is related to the services, furniture and equipment that are included in the cost. These workplaces offer private and public space, copy machines, desks, conference rooms, and even a receptionist. They can allow very small companies to appear bigger and more established to prospective clients, without the significant costs associated with a long-term lease on a traditional office space and the hiring of more staff.

An additional benefit is in the length of lease terms required. Most traditional office space will require a 3 to 5 year lease commitment. Many of the flexible workplaces available are on annual renewal plans and many will even go on a month to month basis. This provides the flexibility of fast growing companies to move quickly to take advantage of business opportunities and obtain space as needed, without long term commitments.

Flexible workplaces are generally located in prime locations. Traditional office space in prime locations is usually extremely costly, and that can keep newer or smaller companies from being able to lease in their preferred area. With flexible options, companies can lease office space on a short-term agreement, move if it doesn’t work for them, and avoid being forced to locate their company in a sub-prime location due to costs and availability.

The number of flexible office and workplace options available throughout the world is on the rise, so companies have more options today than ever before. When you contact us, you’ll be taking the first step toward finding a flexible workplace that can help your company maximize its abilities, and its value to clients.

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