Reasons why it may be time to abandon your current office space

Technology is evolving and changing rapidly. And perhaps the way the staff of your small business is working, has been evolving too! The Internet and access to Wifi are changing where work can be done. These factors and other technology are re-shaping the needs of business for traditional office space.

Traditionally your workers required special tools and processes, and those tools were at the office workplace. Therefore, in order to work, you staff needed to commute from their home to that workplace. This has all changed, and now many more people are able to work from home and not take up valuable office real estate. According to a 2015 telecommuting statistics report published by GlobalWorkplaceAnalytics.com, the number of regular work-at-home employees has grown by 103% since 2005. Currently, nearly 4 million or 2.5% of workers are doing their jobs from the comforts of home at least half the time.

Here are some reasons you might consider to ditch your traditional office space and move into a serviced office space that will, in turn, reduce workplace staff to only essential on-site employees.

A big office is not only costly to a company, but also costly to employees who have to commute. The rising costs of renting and maintaining a physical office have been accepted as a given for most companies, but they have not looked at the alternatives. Telecommuting saves money and resources for a company and its employees. Let’s not forget the office ‘time-wasters’ of in-person meetings and office gossip around the water cooler that often happens when all your staff is working from one location.

Less office means less distractions, which means more productivity. Not having those other people at the desk next to every employee, means there are less potential distractions from getting work done. You would be surprised to know how much office side-chat can consume a working day. Also consider how much that side-chat consumes every week and year.

Work/life balance for work-from-home employees is often healthier – because of the reduced stress of not having to commute or work in a traditional office space. In a recent study of 1,700 employees conducted by SoftChoice, 75% of the employees polled said that remote working allowed them to keep more of their social and personal commitments, leading to better work/life balance.

While most companies will never be without office space, the type and amount of office space they take up will change. Many companies are moving to smaller spaces that hold fewer employees that need to be at HQ, but still allow for shared/private coworking space for employees to use when needed. These are spaces mainly for work-from-home employees who need to come into the office on occasion, to work with other team members or meet with clients. There are spaces readily available for them to set up and get work done.

Recently, Telsec was approached by a large company that needed some private coworking space for a team that primarily worked from home, but still needed a downtown office space that felt like a coworking space when they needed to work collaboratively. Most of the team members lived downtown or a few minute’ commute to 1 Yonge Street. Therefore, having private, coworking office space at Telsec was an obvious choice.

Looking to Learn More?

Telsec | Logo White
18 King Street East Suite 1400
Toronto, Ontario
M5C 1C4 Canada
416-574-1112
Telsec | Logo White
18 King Street East Suite 1400
Toronto, Ontario
Canada M5C 1C4
416-574-1112

Hotels

1. Jennifer Smith
General Manager
The Omni King Edward Hotel
37 King Street East
Toronto, ON
M5C 1E9
Tel: 416-863-9700
Website: www.omnihotels.com/hotels/toronto-king-edward

2. Mark Perry
General Manager
Executive Hotels and Resorts (Boutique)
8 Colborne Street
Toronto, ON
M5E 1E1
Tel: 416-350-2419
Website: www.spazen.ca or www.cosmotoronto.com

3. Emeline Boul
General Manager
Hotel Victoria (Boutique)
56 Yonge Street
Toronto, ON
M5E 1G5
Tel: 416-363-1666
Mobile: 647-574-5832
Website: www.hotelvictoriatoronto.com

4. Omkar Sawant
Reservations Manager
One King West Hotel
1 King Street West
Toronto, ON
M5H 1A1
Main: 416-548-8100
Reservations: 1-866-470-5464
Website: www.onekingwest.com

5. Van Nguyen
General Manager
Cambridge Suites Toronto
15 Richmond Street East
Toronto, ON
M5C 1N2
Direct: 416-601-3757
Hotel: 416-368-1990
Website: www.cambridgesuitestoronto.com

Restaurants

1. Michael Pagliaro
Carisma (Italian)
15 Toronto Street
Toronto, ON
M5C 2E3
Tel: 416-864-7373
Website: www.carismarestaurant.com

2. Patti Shaw
Terroni (Italian)
57 Adelaide Street East
Toronto, ON
M5C 1K6
Tel: 416-203-3093
Website: www.terroni.com

3. Declan
Restaurant 20 Victoria – Michelin guide approved
20 Victoria Street
Toronto, ON
M5C 2A1
Tel: 416-804-6066
Instagram for reservations: https://www.instagram.com/twentyvictoria/

4. Mana
Nami (Japanese)
55 Adelaide Street East
Toronto, ON
M5C 1K6
Tel: 416-362-7373
Website: www.namirestaurant.ca

5. Restaurant Lucie
100 Yonge Street
Toronto, ON
M5C 2W1
Tel: 416-788-9054
Website: www.restaurantlucie.com

6. Niam H
Cantina Mercatto
20 Wellington Street East
Toronto, ON
M5E 1C5
Tel: 416-304-0781
Website: www.cantinamercatto.ca

7. Siva Sathasivam
Uncle Tony’s
38 Wellington St E
Toronto, ON
M5E 1C7
Tel: 416-455-6650
Website: https://uncletonys.ca/

8. Pizzaiolo
104 Yonge Street
Toronto, ON
M5C 2Y6
Tel: 416-860-0700
Website: www.pizzaiolo.ca

9. Robin Singh
Woods Restaurant and Bar
45 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-214-9918
Website: www.woodsrestaurant.ca

Health and Wellness

1. Thom Tullo
Morpheus8 by Inmode
47 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-863-6564
Website: www.amanspa.ca

2. Altitude Athletic Training
56 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-366-3838
Website: www.altitudeathletictraining.com

3. Physioheath Studios
33 Victoria Street, #130
Toronto, ON
M5C 2A1
Tel: 416-368-2525
Website: www.physiohealth.com

Our Amenities

We are by far the most experienced and best coworking team in the market – established in 1980

  • We are the highest Tech centre in the market
  • We have a very modern, high quality, brand new facility located at:

   18 King Street East, Suite 1400

      Toronto, Ontario   M5C 1C4 Canada

    • 18 King Street East is a boutique Class A building – East of Yonge: easy street parking, less traffic, excellent restaurants and lovely parks – St. James Park @ Church & King and Berczy Park @ Wellington East, Scott and Front Streets – Very high energy and engaging area
    • A few steps (a few seconds) to the Yonge Street subway/underground PATH network and streetcar available outside building
    • Building is located in Toronto's vibrant financial district
    • Plenty of parking available in the area including street parking and reserved parking in the 18 King building 
    • Adjacent to the building huge outdoor food courtyard - Beer Bistro www.beerbistro.com and Craft Beer Market www.craftbeermamrket.ca restaurants and bars with onsite catering services
    • Onsite amenities:  Tim Horton's, Beer Bistro, Convenience store and Starbucks across the street 
    • Nearby amenities:  underground PATH network, numerous restaurants, banking, Starbucks plus a wide array of nearby shops and services 
    • New modernized office layout fully furnished with meeting spaces and training rooms plus café lounge area
    • We are leaders in the service of training/meeting rooms with full conference facilities, high quality hot and cold catering
    • Largest training room and conference facilities accommodate up to 60 people classroom style
    • Ultra-high-speed - 1 GIG pipe = 1,000 x 1000 fiber-optic network, which will deliver internet connection speeds faster than most North American services
    • Private shower room
    • Indoor Reserved Parking at the current building rental rate
    • Bicycle parking
    • Rent a space to accommodate your team for meetings, training sessions, corporate events or coworking space or flexible office space for one day, one week, one month or one year, or whatever term suits your business
    • Telsec has over 650 locations in 40 different countries worldwide available for their clients.  Office clients receive up to 8 hours of meeting space per month at no charge at any ABCN member location.  Plus, Office and Virtual Office clients may rent a space from any member location at special member rates which varies depending on the location 
    • King Edward Hotel is located across the street - recently completed a $40 million renovation and boutique hotels close by within walking distance
  • Dining and entertainment at high quality restaurants only minutes away – Carisma, Terroni, Woods Restaurant & Bar and Michelin Rated - Restaurant 20 Victoria. Plus numerous lunch and takeout eateries nearby

         Please check out our 70 second video on our home page or click here:

Take a look at our facilities www.telsec.net    

Telsec will Customize Your Client’s Office(s) Layout to Meet Their Requirements. 

You are welcome to drop-in any-time, a quick call would be appreciated to ensure our availability Vanessa 416-574-1112 or Josie 416-606-4349 or e-mail josie@telsec.net.