As businesses adopt remote work models, many organisations are re-evaluating their expansion plans and seeking new workspace arrangements to support a hybrid model of days in and out of the office.
When it comes to remote work support and resources, it’s not one size fits all. There are several flexible options to suit businesses, and the Coworking and Virtual Office models offer the most attractive option minimizing overhead costs. However, are these options the same? How can you decide the best choice for your business? Here we explore the benefits of a Coworking model and a Virtual Office option and their differences further:
The Coworking Model
The Coworking model has previously lured freelancers, entrepreneurs, and start-ups, as it is an opportunity to network amongst like-minded individuals. As we evolve post-Covid-19, Coworking is set to broaden as companies move away from traditional commercial space and adopt a flexible working experience presenting a valuable boundary between work and home. Employees will choose to work from home or work from a coworking location, opting for a flexible hot desk (first come, best spot) or a dedicated desk in a shared environment.
Not all employees can work from home, and having the opportunity to interact with like-minded individuals is very important for ongoing mental health. However, companies downsizing in search of Coworking space often miss the added benefits from a Virtual Office.
