Real Estate Investor Magazine February 2023 | Page 72

Cons of a traditional office
FLEXI OFFICE SPACE
with no potential for your unique culture to dilute when all areas of your team are working in different places .

2 . Flexibility

In a traditional office environment , businesses have complete control over the space . You get to choose the opening hours , the level of security , and the amenities you offer your staff . Some companies like to keep it simple and cost-effective , and others want to treat their staff to an on-site gym and ergonomic office furniture .

3 . Privacy

Traditional office environments create a private space for your teams to work in and discuss sensitive or confidential topics . In a private office exclusive to your company , you can openly share ideas and plans without worrying about competitors or other people listening in . You also get exclusive use of important facilities such as conference rooms and meeting rooms .

4 . Wide variety of office choices

When renting a traditional office space for your business , you are open to more than the coworking options in your preferred town or city . In most areas , you will have many choices when it comes to available buildings and locations .

Cons of a traditional office

1 . Office management

Running a fully functioning workspace is no walk in the park . If you choose to have a traditional workspace , you will likely need to hire an office manager and reception staff to keep your office running smoothly .
72 FEB 2023 SA Real Estate Investor Magazine