Serviced offices, by design, offer far greater flexibility than leased spaces, with shorter terms and ease of moving and simpler contract setups. At WorkWell, we ensure our serviced office comes with flexibility, allowing our members to adapt to change in real time whilst avoiding being locked into a rigid contract.

What makes a flexible contract valuable for a business?

Flexibility is ideal when seeking out an office contract. It affords businesses the agility to adapt, pivot, and scale your environment to their business needs, ultimately giving them a competitive edge in a consistently evolving landscape.

A flexible contract can be useful for reducing costs by limiting overhead spending by merging all the costs into one flat fee. This not only saves budget but can make the set-up process efficient as there aren’t lots of contracts needing to be set up.

Those opting for a managed office space are able to tap into an already established community, which in turn increases networking opportunities. This is something that rivals the traditional office, as it makes the process of connection easier.

This type of contract empowers businesses to make decisions based on their current needs, rather than being locked into long-term contracts that don’t serve them. Gone are the days of being trapped in an environment that isn’t conducive to success.

Which contract features should you look for to stay agile?

What makes a great contact? Well, the key is a lot of things when there’s a balance struck. Your contract must meet your basic requirements, i.e.:

• The cost
• The duration of the lease
• The notice period
• The breadth of the services you can use
• If business rates are included

The key to getting a contract that allows your business to stay agile in such a competitive market is to look for the following in your managed office contract:

• How flexible the contract is, i.e. can it be changed during the contract or are you locked in
• Benefits/perks of the space, i.e., WorkWell members can use all communal space indoor and outdoor with access to Zoom Pods, sound-insulated booths, refreshments and free parking.
• If there are penalties for early contract termination

How does WorkWell make flexibility functional?

Most serviced office providers will give their members some flexibility, but at WorkWell we go beyond that. With the unique advantage of being able to scale mid-contract, we ensure our members’ workspaces serve them.

We accommodate these needs by adjusting the environment to the growth or reduction of the business, when necessary, providing smaller or larger office spaces to ensure the space is practical for the member.

Our fees are all inclusive, meaning only one bill goes out of the business account each month. All bills are streamlined at WorkWell, which means one flat cost for the rent, utilities, maintenance, and security is included within the leasing fee.

The approach we take is low commitment for the member, so whether it’s leasing a day office for a day or using our co-working spaces for a week. We make it easy to flex the contract, so you get the most out of the space and your money.

Could flexible contracts be the key to long-term success?

Absolutely, serviced office spaces with flexible contracts, like ours, are the bedrock of success. An adaptable contract flexes with your business, rather than restricting its capabilities. A major benefit, for instance, is the reduction in spending for leased office space. With members only paying what they need, they’re able to allocate more budget to their business, which can be a factor in creating success.

There’s a lot of value in picking a provider that caters to your business’s needs not only in the present, but for the future too. Real-time adaptability is fundamental when offering flexible contracts.

If you think a managed office could be the right solution for you, don’t hesitate to contact us to find out whether WorkWell is suited to you and your business needs.

• Category: News
• Tag: Serviced Offices, Workplace Wisdom