In a previous article, we mentioned how even corporate Fortune 500 companies are beginning to explore their options when it comes to alternative, shared workspaces. Gone are the days where you had to confine yourself to a cubicle for nine hours a day, and welcomed are the days where you can work at a communal desk with an entrepreneur totally opposite from you. It’s becoming more and more evident that serviced and shared office spaces are no longer being geared towards only smaller, more private companies or independent freelancers. The movement has even begun to expand into the territory of major market players.
Take two major companies for example: Cognizant Technology Solutions and KPMG.
- Cognizant Technology Solutions is a company that was named the fourth most admired information technologies company only two years ago by Forbes. The company has a net worth of just over thirteen-and-a-half billion dollars and continues to grow with time. Cognizant has even set up one of the most well-known consumer conferences to date, which has been praised as the quintessential model of an industry event to date.
- KPMG, well, they are one of the four major auditors – meaning that it is one of the largest professional services networks in the entire world. You see what I mean? We’ve got major players turning to co-working as a means of getting with the times. The company audits nearly 99% of all companies in the Financial Times Stock Exchange 100 Index.
Small Company, Big Savings – Big Company, Still Big Savings
Just because a smaller and more privatized business only has about five or six employees, it does not mean that they have the upper hand in the savings department. Even the larger companies are saving money turning towards a shared workspace. With absolutely no upfront type of capital to invest, there is a low-risk and high-reward incentive for companies to test out their market and see what pans out before making any decisions. Engaging in a month-to-month lease with a co-working space can free up any flexibility your business desires, all the while not reaching into your wallet and taking everything you’ve got.
Same Facilities as That Trendy and Posh Office Space You Saw For A Million In Manhattan
One of the most influential details that any co-working lessee has been floored by, is usually the facilities that each alternative workspace provides. Most large corporations fear that just because their employees are working off-site at another location, it doesn’t mean that they are exposed to the most state-of-the-art facilities. However, shared office spaces have unlimited access to massive conference rooms and areas to be productive in. It is not an added fee or anything, it comes standard! There will never need to be another worry in the world about where the location of your meeting will be held – your new co-working space has you covered.
You’re Not Locked in For a Year’s Time, So Feel Out Your Space
Sometimes the realtor can be pushy, and other times we’re too stubborn to learn that just because we’re not buying it, it doesn’t necessarily mean that it’s not ours. I look at this situation as if I were to be leasing a car. You want a nice car that’s not going to get beaten down and you’ll be stuck with it, right? You want to be able to get that newer model if it comes out or if you get sick of your car. With co-working spaces, entrepreneurs and private employees have no fixed lease agreement at all. There is no obligation to return to the spot, and there is no one telling you that you can’t. Flexibility is the key here, and a co-working space does just that.