As we progress into the 21st century, the definition of work is changing ever so quickly and so is the work environment. Quite a few changes had to be brought about in the office workspace after the covid pandemic.
With today’s advanced technologies, one can work remotely from any corner of the world. The majority of companies are following the trend of alternate office spaces for proper productivity and a seamless workflow.
Flexible or shared offices have expanded significantly in all around the world over the past ten years. Coworking spaces are one of the most well-liked alternatives for traditional offices. However, if you have a business or want to scale things up, there are plenty of other options to choose from.
To start or scale a successful business, one must be able to think creatively. So, if you want to change things too and shift to the trending options, here is a comprehensive list of the 6 Best office Space Alternatives to consider for your organisation in 2024.
Coworking Spaces
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Following the pandemic, the culture of coworking spaces has blown up, and every business professional is either discussing it or taking advantage of its benefits.
Coworking spaces are ideal for adopting a hybrid work model because they guarantee your office spaces’ high degree of flexibility.
(In a hybrid model, some employees work remotely while the others do so on-site at the business.)
Ideal For:
Freelancers, business owners, working professionals in SMEs, and large corporations.
Seat Size Range:
The average coworking space in North America is 9,799 square feet large and can accommodate 100 people, according to Coworking Insights. This translates to about 100 square feet per person.
Successful organisations using coworking spaces:
Instagram, Spotify, Uber, Ofo, Indiegogo.
Top service providers in the industry:
DevX, Awfis, WeWork, 91Springboard, Techspace, Venture X, Serendipity Labs, Green Desk, SomeCentral and Spaces.
Contact details:
DevX: +91 74348 83388 | connect@devx.work | https://devx.work/collab/
WeWork: 1800123365365
Awfis: info@awfis.com91
Springboard: info@91springboard.com
Executive Office Suites
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Executive suites are also known as business centres in various parts of the world. These service providers offer office space as well as shared amenities such as a lobby, business services, furniture, and a kitchen.
The Executive Office suites provide high-end office space solutions that are tailored to your needs. Additionally, executive suites have more flexible rental terms than conventional office spaces.
By utilising shared facilities like lobby areas, conference rooms, and reception areas, the business owner can lease less space for an office. Rent agreements can last anywhere from one month to up to 18 months.
Ideal For:
Small businesses and organisations that do not want to commit to long-term leases
Seat Size Range:
Executive offices usually span around an area of 90-150 square feet which is the average office space per employee.
Successful organisations using executive office suites:
Pfizer, Twitter, Expedia, GMT, Salesforce, etc.
Top service providers in the industry:
DevX, Skytek, Ballantyne, ExecutiveCenter, etc.
Contact details:
DevX: +91 74348 83388 | connect@devx.work | https://devx.work/collab/
ExecutiveCenter: +91 80 6720 5555
Ballantyne: 704-266-1595
Skytek: info@skytek.com
Virtual Offices
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A virtual office enables people and corporations to work from anywhere by using their smartphones, computer, laptop, and the internet. Employees and teams use teleconferencing, team apps, video-conferencing, and other technologies to coordinate their work with no physical contact.
A virtual office allows you to cut costs while still providing the benefits of professional office space. This is an excellent choice for digital nomads or people who prefer to work from home. Workplace flexibility is critical, especially as the nature of work evolves.
Typical services offered by virtual office providers include:
- A proper business address
- A virtual receptionist who arranges meetings inside and outside of your virtual office and speaks on your behalf to clients and coworkers
- services that handle incoming calls through a landline number include call answering and voicemail
- Services for video or telephone conferences
- When physical mail is sent via email, mail opening and scanning services are available.
- services for forwarding mail
- access to cloud-based tools for project management, file sharing, and communication
- Customer service
- services for data entry
- Bookkeeping, finance, accounting, recruitment, and hiring are among the back-office outsourcing services.
Additionally, Physical spaces are provided by some virtual office service providers as an add-on or as a component of their virtual service packages.
Ideal For:
Startups, remote workers, small businesses, freelancers, as well as larger businesses looking to establish a presence in a new market, all benefit greatly from virtual offices.
Seat Size Range:
Since no physical space is required in the functioning of a virtual office so there’s no constraint on the seat size.
Successful organisations using virtual offices:
DLF, Amazon, Cipla, Subway and Flipkart, etc.
Top service providers in the industry:
Instaspaces, Qdesq, Aaddress, myHQ etc.
Contact details:
Instaspaces: hi@instaspaces.in
Qdesq: lavesh@qdesq.com; Phone Number: +918826112239
Aaddress: +918745950950
Managed Offices
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Managed offices are a type of workspace-as-a-service that combines the flexibility and cost-effectiveness of a serviced office with the extra advantages of safety and access offered by a conventional lease.
Managed offices are spots that are specifically designed to be used as offices and offer potential occupants the chance to have a lot more control of the environment they work in. It is basically a fully customised solution, with no additional costs.
Ideal For:
Small to mid-range businesses, Startups, remote workers and freelancers.
Seat Size Range:
100-1000+
Successful organisations using managed offices:
QX, Relay Human Cloud, Hitachi, Zomato, etc.
Top service providers in the industry:
DevX, Instaspaces, Regus Managed Office, 91Springboard, WeWork, SmartWorks, etc.
Contact details:
DevX: +91 74348 83388 | connect@devx.work | https://devx.work/collab/managed-offices/
91Springboard: info@91springboard.com
SmartWorks: enquiry@sworks.co.in
Serviced Offices
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A serviced office is a fully furnished and operated office or office building that is rented out to other businesses as individual offices or floors by a facility management company, also called an official provider.
Your company has an opportunity unlike any other with a serviced office. These offices come fully equipped with furniture and housekeeping, and other premium services like printers and Wi-Fi that can help businesses get going more quickly and make your job much simpler. There are numerous sizes of serviced offices as well.
Ideal For:
Businesses looking for support services, lowering infrastructure costs, and businesses trying to reduce the risks of renting office space are the ones who prefer it the most.
Seat Size Range:
DevX is a leading provider of the serviced office space. It offers 400,000+ square feet of office space across 7 cities. The headcount depends on the organisation.
Successful organisations using serviced offices:
Zapier, InVision, Working Solutions, Buffer.
Top service providers in the industry:
DevX, The Working Capitol Serviced Office Provider, WeWork, etc.
Contact details:
DevX: +91 74348 83388 | connect@devx.work | https://devx.work/collab/
WeWork: 1800123365365
The Working Capitol: community@theworkingcapitol.com
Distributed Offices
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Decentralized or distributed offices are becoming a viable work model for organisations of all sizes in response to the global crisis brought on by COVID-19.
The decentralised or distributed office model involves conducting business operations—including decision-making—from multiple locations. Instead, these are carried out by staff members who work remotely from various cities, countries, and continents.
In other words, in addition to their traditional corporate office, employees may work remotely from a variety of locations. Moreover, they have access to the company’s software and resources, these could be satellite offices or shared office spaces.
By organising and planning the necessary workforce, the service provider customises this whole for the client.
This is a comprehensive enterprise solution that allows for quick setup, movement, and workforce rearrangement.
Ideal For:
Businesses aiming toward lowering infrastructure costs, and companies providing services and products internationally are the ones who opt for it the most.
Seat Size Range:
In comparison to traditional options, distributed work offices typically offer meeting spaces with a seating capacity that is about 30% higher.
Successful organisations using distributed offices:
Automattic, GitLab, Buffer, Zapier.
Top service providers in the industry:
DevX, We Work Remotely, Remotive, etc.
Contact details:
DevX: +91 74348 83388 | connect@devx.work | https://devx.work/collab/
We Work Remotely: hello@weworkremotely.com
Final Thoughts
Flexible or shared offices have expanded significantly in all around the world over the past ten years. Coworking spaces are one of the most well-liked alternatives for traditional offices. However, if you have a business or want to scale things up, there are plenty of other options to choose from.
To start or scale a successful business, one must be able to think creatively. So, if you want to change things too and shift to the trending options, here is a comprehensive list of the 6 Best office Space Alternatives to consider for your organisation in 2024.
