Why Companies Prefer Managed Offices in 2024 over Traditional Offices.
The trends in work spaces are constantly changing, especially after the pandemic. With many businesses shifting to remote work, the concept of traditional offices seemed obsolete. But now, in 2024, offices are as relevant as ever, but there are several changes in these trends.
The latest trends in office spaces are Managed office spaces. In the world of business, efficiency and productivity are what it’s all about. But traditional office structures aren’t able to keep up with the growing and evolving emerging as popular for their flexible and convenient offerings. Keep reading to discover why companies prefer managed offices in 2024 over traditional offices.
What are Managed Offices?
Managed offices are fully serviced and all-inclusive work spaces that are ready to go; they come furnished and equipped with everything a business might need to operate, like high-speed internet, phone systems, conference rooms, etc. They are very flexible compared to traditional businesses and allow businesses to scale up or down as needed.
Why Managed Offices?
- Budget friendly
Many MNCs, small and medium-sized businesses, and startups choose managed offices over traditional offices because they are easy to set up and allow enterprises to focus on their core objectives instead of wasting time and resources on setting up office spaces.
Managed office spaces are emerging as cost-efficient alternatives to traditional offices, and allow businesses to save a ton, as they no longer need to invest in purchasing or leasing commercial office spaces. With traditional offices they take on the responsibility of the maintenance and facilities as well, which can be a huge hassle and requires more investment in the long run. On the contrary managed offices are a complete package and are 40-50% more cost effective as compared to traditional offices.
- Flexibility and Easy-to-Scale
Managed offices provide unmatched flexibility that traditional offices just can’t compete with, businesses are fast-paced today and cannot afford to lose precious time in searching, buying, leasing, and prepping offices.
Managed offices offer the agility and plug-and-play features of coworking spaces combined with the private, dedicated spaces of traditional offices.
Traditional offices also require a lot of upfront investment, long-term commitments, paperwork that can take ages, and it might take a lot of time just to get onboard. Meanwhile it is easy to get started with managed offices, and the process of upgrading offices is simple too.
This flexibility and adaptability appeal to several startups and small businesses. Lately, even well-established businesses are turning to managed spaces for their convenience and competitive pricing.
- No hassle, peace of mind, or amenities
Managed offices do all the heavy lifting when it comes to running an office, like furnishings, high-speed internet connectivity, meeting rooms, communal areas, reception services, security, housekeeping, hygienic washrooms, and pantry, etc. All these factors are taken by the managed offices or outsourced to third parties.
They not only provide these amenities but promise dedicated and well trained staff for the daily maintenance. This leaves businesses completely free and they only have to focus on their core objectives and internal matters.
- Safety
Safety is a major concern when choosing an office space, safety in terms of both employee and staff safety as well as safety of valuable or sensitive data. Most corporations today deal with a massive amount of data about their business, users, etc, and safety of this data is their highest priority and so they don’t mind paying the high costs traditional offices demand to safeguard this data.
This was the case until there were no alternatives, but managed offices are changing this norm, by providing safe and private office spaces for almost half the cost.
- Customization
Managed offices offer businesses a ton of customization, where they can tailor interior, furniture, decor, and colour scheme to suit the brand’s image. The entire office will be designed according to your needs. You get to decide the number of conference rooms, cabins, desks and how they will look.
This helps in showcasing the brand’s values and projects a good professional image. It also helps in attracting customers and creating a positive working environment for employees.
In short, in a nutshell
Managed offices are the preferred choice for businesses of all sizes because they offer a unique combination of efficiency, flexibility, and affordability. They are best suited to keep up with the constantly changing work environment and culture of modern businesses.
Managed offices will continue to be the trend as the demand for flexibility in business increases, they not only make running business easier but make starting businesses easier too!