FLEXI OFFICE SPACE
flexible than traditional workspaces and , therefore , less stressful for those working in them .
3 . Ideal for the hybrid working model
Since the COVID-19 pandemic , many businesses are turning to the hybrid working model . This allows employees to split their time between working in the office and working from home . A coworking space can be the ideal set-up for companies using this model as they don ' t require as much space as they did when the whole team would be working in the office daily .
Coworking memberships offer the perfect solution to businesses turning the hybrid working model . With access to lounges , coworking spaces and offices when you need them , it has always been challenging for businesses to adopt flexible working .
4 . Budget-friendly
Coworking spaces can be more budget-friendly . You can rent a smaller , more affordable space within the coworking office and scale up when necessary . Most coworking spaces are serviced , meaning all costs for maintenance , bills , cleaning , and office management are included in the rental price .
Cons of a coworking space
1 . Distractions
Some people prefer to work in a quiet , closed-off environment to limit distractions . Even though professionals in a coworking space surround you , some people concentrate better in their own private areas .
2 . Meeting rooms
Coworking spaces offer excellent meeting rooms that give you the privacy to discuss confidential ideas . However , in most cases , you must book a meeting room or conference room in advance to ensure that it is available when needed .
3 . Lack of privacy
Coworking offices are where creativity and collaboration are encouraged . However , some professionals , particularly those dealing with sensitive information and confidential work , may
74 FEB 2023 SA Real Estate Investor Magazine