Intelligent SME.tech Issue 21 | Page 25

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// PREDICTIVE INTELLIGENCE //

Why should SMEs consider

OFFICE SHARING IN THE NEW BUSINESS WORLD

For many SMEs who lease an office , being tied into a contract may seem costly , but one solution could be the rise in shared office space . Karl Breeze , CEO at Matrix Booking , outlines the benefits of shared offices and give practical steps for adoption and showcases how SMEs can manage their office spaces .
EMAND FOR OFFICE space

D is reducing as a result of the pandemic but long-term leases or logistical challenges may mean relocating isn ’ t an option for many SMEs . While other organisations with similar challenges around reduced demand for office space may have the flexibility of relocating to somewhere that better meets their requirements . In this new era , sharing is caring for UK SMEs .

A lot has been made about what the office means to businesses following this era of COVID-19 . We know that many employees are seeking a choice about how and where they work – a choice that can often be segmented into the office as a collaboration space and home as a focus area .
And yet , in October 2021 , commercial landlord , Workspace Group reported via The Times that there had been a pick-up in lettings and office use among small and medium-sized businesses . Far from being just a corona rebound , a follow-up report in April 2022 seemed to corroborate this trend . Occupancy rates at Workspace ’ s serviced offerings are now back at pre-pandemic levels and enquiries have risen year-on-year too .
At first glance , these figures seem to go against the grain of thought leadership rhetoric this past year . Surely , if everyone has demanded to work from home , then it would be a huge risk to explore new office domains ? Perhaps , therefore , the question isn ’ t whether companies are seeking out new workspaces , but , rather , what kind of office space and dynamic they now need .
For some , it may be a simple downsizing effort or the first step towards a reimagined brand space . But for many , the shared office

88 % OF WORKERS GENUINELY CRAVE A HYBRID DYNAMIC .
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