Real Estate Investor Magazine February 2023 | Page 71

Advantages of a Traditional office ?
COMMERCIAL

For generations , professionals worldwide have commuted to offices for work . As the business world evolves , workplaces change . Isolated office cubicles have transformed into open-plan floors where collaboration is encouraged . High-tech coffee machines , pingpong tables , and comfy couches have become common amenities in new-age workplaces .

As many professionals got accustomed to working from home , business owners and employees pondered the future of office working . Since the COVID-19 pandemic and the subsequent lockdowns , many companies have reconsidered their office operating policies to control overhead costs in times of uncertainty .
Now , most companies have returned to the office , whether that is on a full-time basis or a flexible hybrid model , which allows staff to divide their working days between working in the office and at home .
A coworking space allows you to work among other professionals across different industries . For example , a marketing agency could work alongside creative freelancers and sole trader start-ups in a shared office space in a coworking space .
On the other hand , traditional office space is located in an area exclusive to your business . Both office types offer excellent benefits and appeal to different types of businesses .
When choosing the right office for your business , consider whether a traditional or coworking option is more suitable for your team . Considering the pros and cons of a coworking space vs traditional office space is essential . There are many factors to consider when deciding on the right choice for your business , so follow our guide to make a more informed decision .

Advantages of a Traditional office ?

1 . Company culture

You have your own private office space to build and develop your ideal company culture . You can design the space to complement your brand and pay close attention to detail . From table tennis to the type of coffee machine , you can work to shape the company culture that you want to reflect your business . This closed environment is built around your company ’ s values ,
SA Real Estate Investor Magazine FEB 2023 71