In the last few years, we’ve seen an interesting trend—more and more large corporations are leaving traditional office suites behind and moving into coworking or flexible office spaces. There are a few reasons behind this shift, and we’ll explore them in this article, but it shows that flexible office spaces for large companies can have a significantly positive impact on business.
For large companies, the right flexible office space can lead to lower costs, reduced risk, improved productivity, and boosted operational agility.
There are three different types of office spaces for large companies to consider. We’ll walk you through each of these three options in this article. We’ll also dive a little deeper into the benefits of coworking spaces and why large corporations are opting for these offices instead of traditional leases.
Why Are Big Corporations Moving Into Coworking Spaces?
If you’re an established enterprise, a large company with satellite teams, or even a medium-sized business that’s hit a high-growth phase, coworking spaces can be a great option for you.
These office spaces for large companies offer a few essential benefits to your team and your business.
Countless Networking and Socialization Opportunities
Imagine being in an interconnected hub full of individuals with whom you can form mutually beneficial bonds.
These include potential investors, business partners, prospective clients, and a whole talent pool (i.e., individuals who you can potentially hire as your business grows, helping you to reduce internal hiring resources like time and money).
That’s what you get with flexible office spaces—a connected hub full of individuals who can help drive business growth or help achieve different business objectives.
Your employees also get the added benefit of being immersed in a community beyond their direct team members, allowing for more social interaction and engagement—key elements of better work-life balance.
Valuable Employee Engagement Benefits and Boost in Productivity
With the rise of hybrid and remote work, many employees find themselves to be less productive when they’re not in a formal office environment.
In a survey of employees working from flexible office spaces, 46 percent rated their productivity as excellent. Many of these individuals also rated higher job satisfaction and were more engaged with their work in these environments, leading to a higher quality of work.
The increased productivity may also be due to increased flexibility within a focused environment, having more autonomy due to spatial diversity (or access to different spaces like lounges and cafes), and having a physical separation between home and work.
Significant Cost Effectiveness and Flexibility
A flexible office space for large companies is a cost-effective option for a variety of reasons:
- Unlike a traditional office lease, these spaces provide flexible terms, so your business isn’t locked into a rigid long lease that doesn’t account for changing business needs.
- They are fully serviced by on-site, hospitality-oriented community managers who handle the day-to-day of office management so that you can focus on what matters most: running your business and supporting your team.
- Amenities are included in the fee, so you can have Silicon Valley-esque offices with on-site gyms and stocked kitchens without the hefty price tag.
- All of these office offerings are completely turnkey, meaning you can sign your agreement and have your team working in your new office within a matter of days.
- They offer the ability to scale in place as your team grows or contracts.
- You can completely customize your workspace to align with your company’s brand and adjust the layout to fit your team’s needs.
Coworking Decoded: The 3 Tiers of Office Spaces for Large Companies
There are three main types of coworking office spaces for large companies.
Private Office Space for Large Companies
Our ultra-secure private offices at Launch Workplaces offer the perfect balance of exclusive space and community access, acting as a permanent home for your business.
Each of our private offices offers move-in ready convenience with access to our full suite of in-house amenities, shared office spaces, and member events.
With a private office, you get:
- Full privacy and security
- Flexible term lengths with all-inclusive pricing
- Meeting, conference, and event space access
- Community and networking, as well as wellness events
- Virtual office services, such as mail reception and storage, as well as tailored call answering and forwarding in
Private offices in a coworking space are ideal for growing organizations or satellite teams
Team Office Space for Large Companies
If your pursuit of office space for large companies calls for a larger workspace footprint, Team Suites might be the right choice.
Starting at 12,000 square feet, Team Suites at Launch Workplaces offer you a completely self-contained office, including private work and meeting spaces, kitchens, restrooms, and more. All team suites come:
- Fully furnished
- Equipped with your own WiFi network and hardwiring
- Completely turnkey and move-in ready
Unlike a long-term traditional office space lease, Team Suites make it easy to attain office space for large companies through:
- Simple license agreements
- Short-term agreements for maximum flexibility
- Elimination of the need for leases and brokers
All of our Team Suites are an extension of our Launch Workplaces locations, offering the same level of service, support, and hospitality you’d expect from a coworking space.
Enterprise Coworking Office Space for Large Companies
When it comes to office space for large companies, coworking spaces offer another interesting opportunity. Rather than having to take one massive office footprint for your team of 10 to 100+ employees, you can parcel together the workspace types and sizes that best fit your needs and maximize your budgets.
This is what’s known as Enterprise Solutions.
Whether you want a large team space with private amenities or a combination of small, medium, and large offices to call your own, our fully furnished workspaces supply everything your enterprise team needs to get work done..
Our workspaces can be customized to foster collaboration and optimize productivity for your team—giving you the ultimate in flexibility to scale up or down in a way that’s right for your business.
You can create your custom combination of:
- Flexible and dedicated desks
- Single-person offices
- Small and medium offices
- Large team offices
- Private Team Suites
Our enterprise solutions also allow you to:
- Reduce your real estate expenses while enhancing your team’s access to all-inclusive office facilities
- Give your employees the freedom to work from anywhere with Launch Workplaces’ multiple locations and move-in-ready large offices
Think of it this way: rather than taking on 10,000 square feet of office space, you can opt for 5 dedicated desks, 10 coworking memberships, one large team office, two small offices, and a dedicated conference room.
Tips for Renting the Right Office Space for Large Companies
Flexible office spaces for large companies, like Launch Workplaces, are a cost-effective option. They boost operational agility, foster beneficial partnerships, increase employee engagement and productivity, allow for scalability, and ultimately drive business growth across many areas. Choosing a flexible office space is a win-win for everyone.
If you’re looking for a professional and inspiring environment that’s a win for everyone, you’ll find it at Launch. Book a tour of your local Launch Workplace today and see what we’re all about.
