How Flexible is Your Workplace?

Business owners have faced some tough decisions over the past two years. One of them, which many are still grappling with, is how and where to work going forward.

Work from home? Hybrid? Or gather everyone back into the office?

Here at UBC, we work directly with businesses of all sizes and one thing they all have in common is a need for flexibility - especially in the workplace. That goes for flexible licence agreements as well as flexible office usage, and we’ve seen a surge in demand for this approach in recent months.

Why?

Mainly due to ongoing uncertainty – what with the pandemic and everything else that’s going on in the world, the economic recovery has barely begun. But there are other reasons too. Here’s why so many businesses are choosing a flexible lease and what your business can gain from it, too:

Less commitment: A seven or ten-year office lease is a significant commitment. Can you guarantee that your business will still require the same square footage in a decade’s time - and can you meet the cost? For many, it’s an unknown. Flexible leases are shorter, often starting at just six months, with options to extend or right-size at any time.

More cost-effective: Traditional office leases require a hefty deposit and significant upfront costs to design, furnish, and fit out the space. Flexible spaces are already furnished and connected, which commits far less of your available capital and resources. What’s more, office rental and maintenance costs are all-inclusive and billed monthly, which enables easier budgeting.

Easier to manage: A traditional lease requires outside assistance, such as cleaners, IT support, insurance, maintenance, and so on. With a flexible office, all of this is included - and managed - by the workspace operator. It means you don’t need expertise in facilities management - simply move in and get straight to work.

When it comes to workspace, there is no one-size-fits-all and it’s easy to see why so many businesses are choosing to operate more flexibly. At UBC we have expanded our options to include even more workspace options, from virtual offices and hourly coworking access, to flexible offices with monthly rolling contracts, and even longer-term managed spaces for growing businesses.

Whatever your business needs, we have the expertise to help you achieve a more flexible and cost-effective workplace to support your team in the months and years to come.