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What is flexible working?

By |2024-03-14T12:48:55-04:00February 10th, 2024|Growth & Innovation, Shared Office Space|

A flexible workspace is like a chameleon of the office world – it adapts to fit the needs of your business and your employees. Picture an office that isn’t tied down by any traditional office cubicles or fixed desks. Instead, it’s a dynamic work environment where people can choose where and how they work best.  A lot of coworking spaces have open floor plans, cozy nooks, and many different types of conference and meeting rooms. Not only does workplace flexibility give employees and staff more freedom, but it gives business owners and freelancers the chance to use these spaces too. Not every business needs a brick and mortar storefront to get started which makes flexible work offices convenient and easy.  What Is Flexible Work? Flexible working arrangements can come in different shapes and sizes. It allows business owners and employees to have more control over when, where, and how they […]

The capital cost saving of a serviced office Toronto

By |2023-10-17T11:28:22-04:00August 17th, 2023|Shared Office Space|

Many businesses use coworking spaces as an alternative to the traditional office. Not only are employees not confined to cubicles, but coworking and virtual offices offer flexible plans in a modern setting. Professionals from around the world can work remotely in a coworking space while networking with others in the space. Let’s dive into the specifics and learn how coworking spaces can help businesses in the long-run! What is a coworking space? A coworking space, otherwise known as a virtual office, is an office where remote professionals or small-to-medium sized businesses come to independently work on projects. Coworking spaces offer the same, if not more, amenities compared to traditional offices. The main differentiator is the flexibility these spaces provide workers and businesses since they don’t need to sign any long-term leases or contracts. Most coworking spaces will have the basics like WiFi, printers, conference and meeting rooms, modern furniture and […]

Private vs Semi-Private: The New & Improved Coworking Office Space in Toronto

By |2023-11-01T10:47:31-04:00April 25th, 2023|Boardrooms & Meeting Rooms, Office Space, Shared Office Space|

Corporate offices and cubicles are slowly becoming a thing of the past. Although they might work for some companies, they can actually be a wasted investment for others. Depending on the structure of your organization, having a private or semi-private coworking space could be the solution for you. If you want your business to have all the professional amenities of a real leased office space (furniture, office supplies and equipment and more), then a coworking space is an excellent choice. Continue to operate and grow your business without the hassle of a long-term lease and expensive overhead. What is a private office space? Like the name suggests, private office spaces are private and are reserved for employees that work for a specific company. They have dedicated workstations, boardrooms and meeting rooms. In general, private office spaces are rented for longer periods of time. A lot of companies will sign a […]

Why Coworking Spaces are Perfect for Hybrid Work Models

By |2023-11-01T10:36:39-04:00November 14th, 2022|Coworking Office Space, Shared Office Space|

What is a Hybrid Work Model? A hybrid workplace model is a style of work that combines working remotely and working on-site. Managers decide how many days per week staff members need to be on-site and how many days they can work remotely. Sometimes, staff members are allowed to decide for themselves when they want to come into the office, and in other scenarios, managers may implement a policy where staff must come to the office 3 days a week and can work remotely 2 days a week. Policies may change depending on the needs of the company. For example, if there is a group project with a fast-approaching deadline, managers may ask certain employees to come into the office more days a week than usual. On the other hand, during a slower period, staff may be allowed to work remotely for the entire week. When people are forced into [...]

Differences Between Coworking and Business Centre Office Solutions

By |2023-11-01T10:40:35-04:00September 12th, 2022|Coworking Office Space, Growth & Innovation, Shared Office Space|

The flexible workspace sector is home to different types of workspace accommodations. Within the flexible workspace sector, you will see coworking spaces and business centres. Although there are a few similarities between coworking spaces and business centres, the main differences can be seen in how they operate and the perks they can offer small businesses. The types of Office Space Business centre office solutions offer a wide range of office spaces for businesses to choose from. The types of office spaces can range from: Coworking spaces Private office rentals Daily office space rentals Meeting room and boardroom rentals Executive office suits Commercial office rentals Team spaces As you have probably noticed from the list above, business centres also offer coworking accommodations. Whereas a stand-alone coworking office will only be able to offer coworking space, and will not include as much variety for different types of office space. Cost and Hourly […]

How to work remotely without working from home

By |2023-04-25T09:20:09-04:00August 29th, 2022|Coworking Office Space, Shared Office Space|

Routines can be comforting, if you are used to working from home the idea of going elsewhere can seem overwhelming. However, sometimes we need a break from our regular routines to stay motivated and productive at work. Here are some useful tips on the different places you can work remotely, and how to ensure you stay on task when you’re out of the house. Places to Work Remote : 1. Workspace rental If you want access to a professional private office, but don’t want to commit to a traditional lease agreement, then a workspace rental is your best option. With a workspace rental you have the flexibility of choosing how long you want the office for, and only pay for however long you use it. For example, if you need a private office from Jan-Feb, then want a 2-month break, and need an office again in May and June, with [...]

Pros and Cons of Hot Desking

By |2023-11-01T10:44:12-04:00July 29th, 2022|Coworking Office Space, Shared Office Space|

The term hot desking originated in Chicago in the 1990s. The idea came from the phrase hot racking when sailors would share bunk beds on a ship. The sailors would work in shifts, and once their shift was over they would take the first available bunk bed they found. Hot desking works in a similar way. With hot desking people can reserve a seat at a desk whenever they need one, for however long they need it. Once they are done using it, that space will become available for the next person to reserve. Desk space can be shared among people from different professional backgrounds and industries which opens the floor to new collaborations. Alternatively, you could choose to rent a room for a group of people. Hot desking offers a flexible solution to ever-changing work dynamics. Pros Save on unnecessary costs One of the biggest advantages of hot desking [...]

How to start a home-based wholesale or manufacturer distribution business

By |2023-12-14T12:02:59-05:00May 29th, 2022|Growth & Innovation, Shared Office Space, Virtual Office|

Before explaining how to become a distributor from home, it is important to explain what a distributor is. Basically, a distributor is a middle person that serves to move products from the manufacturer to the market. While some distributors are retail and sell directly to end users, others are merchant-oriented and sell and move products from the manufacturer to wholesalers, that in turn sell to retailers. Understanding what is a wholesale business The practice of wholesale distribution is a true buying and selling game and can involve risk. It is a game that requires good negotiation skills, a nose for sniffing out the next “hot” item in the particular category you are known for, and good salesmanship to find the right buyers. The basic premise is to buy the product at a low price, then make a profit by tacking on a low enough dollar amount that it still makes […]

Coworking versus Shared Office Space: Which is better for your small business?

By |2022-02-28T12:43:16-05:00May 27th, 2019|Coworking Office Space, Shared Office Space|

Coworking has been all the rage for the past decade, but there’s a lot that small business owners don’t know about the differences between coworking and shared office space facilities (also called office business centres or executive suites). The main reason for this confusion is that some large corporate chains of business centres and executive suites have started to claim that what they’re offering are coworking spaces – without really knowing what the original coworking philosophy was all about. When you look coworking up on Wikipedia, you’ll find this explanation: “Coworking is a 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 people who value working in the same place alongside each other.” Notice that the key words are “social gathering” and “share values” – meaning that true coworking is [...]

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