The Benefits of Coworking Spaces As Satellite Offices

Date: Mon May 30 Author: Chelliah Nakeeran

Businesses that take advantage of coworking spaces to create satellite offices can use this service to their benefit. A number of research studies have shown time and again that firms utilising coworking space thrive.

Both employers and employees are benefiting from coworking spaces. In the current paradigm, coworking spaces give employees working from home the opportunity to use equipment typically associated with offices together with convenient locations to hold a meeting.

Now that employees have returned to the office, the benefits they enjoyed from remote working are gone. According to YouGov, 60% of employees in the UK want to continue remote working. On the flip side, businesses benefit when they can bring teams together.

To compromise, a large number of businesses are switching to a hybrid model. Utilising coworking space to as satellite offices helps to make hybrid working even easier – and offer more benefits to both employers and employees.

Convenience and Flexibility

Coworking spaces give workers more flexibility to split their time between home and office. Stationing employees in satellite offices that are conveniently located closer to their home that your headquarters helps them to manage their time more efficiently.

Not only do satellite offices give your employees the flexibility to reach the office conveniently, it also makes it easier to just drop in from time to time. Maybe they need to use something in the office, like a photocopier, they were passing and wanted to say ‘hi’ or they spent the night in a different part of town (sleepovers) and will find it easier to work from an office that is closer to where they wake up.

Help to Manage Work-Life Balance

Happy employees are productive employees. And now your team has experienced remote working, they recognise the value of spending more time with their families, avoid commuting and spending less money.

Research has shown that the average cost savings of working from home is £44.78 a week. Cost savings come from commuting less and not buying lunch every day. If employees live closer to the office they are working from commutes and fuel costs are lower.

This is particularly the case for employees in London. According to Totaljobs, 76% of employees said they will quit their jobs if getting to the office requires a long commute. Using coworking spaces as satellite offices could therefore save businesses the cost of replacing employees – which is estimated to cost an average £12,000 per employee – between 6-9 months of the employees salary.

Raise ESG Score

Enabling employees to commute less should also help to improve your company’s environmental, social and governance (ESG) score. With ESG scores having such a significant impact on consumer purchasing decision – especially environmentally conscious individuals – boosting your score in the environment section could pay dividends.

Commuting less means employees will consume less fuel. A satellite office also gives you more potential to organise meetings in locations that are closer for attendees to reach.

BluDesks makes it easy for companies to take advantage coworking spaces by offering you a wide range of offices all over London – with one simple sign-up and login.

Coworking Space Meeting Rooms in London Provide A Hybrid Solution

Date: Mon May 23 Author: Chelliah Nakeeran

Coworking Space Meeting Rooms in London Provide A Hybrid Solution

For the past two years, the world has been in limbo. With inflation threatening to scupper business growth and survival for the foreseeable future, more businesses are switching to the hybrid model to cut down on costs.

PwC has called hybrid working an unprecedented challenge no business leader has ever faced. There will, of course, be some challenges, but from where we’re standing, existing solutions will help to make the transition smoother.

Not all businesses agree the hybrid model is the best way forward. Banks executives have been particularly vociferous about how remote working disrupts collaboration and corporate culture.

On the other side of the fence, tech firms are embracing hybrid working because they have the tools and the strategy to make it work. For most businesses downsizing offices and taking advantage of spaces can help you navigate the uncertainty of an economic downturn.

Office Rental in London

The Bank of England has warned that increasing energy prices will slide the UK into a recession this year. If that is to be the case, London businesses are likely to be the hardest hit.

Renting office space in the capital is already phenomenally high. According to Oktra, costs range from £50-95 per sq. ft. Prices are already 7.5% higher than pre-pandemic levels and are forecast to continue rising.

With costs rising from multiple angles, businesses face a difficult period trying to grow. Others will simply be looking to survive. Adopting the hybrid model could prove to be the difference between business continuity and closure.

Releasing the overheads that come with office rentals will free up a significant amount of cash flow. Coworking spaces present a cost-effective alternative and provide you with appropriate space for your team to collaborate, hold meetings and build a company culture.

Book Meeting Rooms With BluDesks

Not all coworking spaces will work for all businesses. Most providers have limited options and bind you into long-term contracts. During this period of uncertainty, most companies will want flexibility and multiple choices that makes organising ad-hoc meetings and space for team members to get together convenient.

BluDesks provide solutions to these challenges. First of all, we list multiple coworking spaces across London. At the time of writing, we provide you access to 517 venues within the M25 alone. We also have multiple ad-hoc satellite offices in the commuter belt.

Moreover, you have access to all our coworking spaces, private offices and meeting rooms with a single login.

We also offer a flexible Pay-as-you-Go plan which means you have more control over your budget. Unlike other office space providers, with BluDesks, you won’t be paying for office space you are not using.

All you have to do is browse our website, choose an office location with a meeting room that is most convenient for you and book the amount of time you want it for. You can even cancel the booking without paying anything providing you let us know within 24 hours.

Solutions That Can Resolve Mixed Feelings of Remote Working

Date: Wed May 18 Author: Chelliah Nakeeran

The pandemic may be over, but many companies are still encountering the upheaval of remote working. Employees have mixed views which have left business owners with decisions to make and solutions to find.

A survey published by the World Economic Forum (WEF) revealed that people working from home fared better than many expected. Productivity was stable, parents were able to spend more time with their families and the woes of commuting were eradicated.

Most glaringly the WEF forum highlighted employees have mixed views – and strong views – on remote working.

66% of the respondents surveyed confirmed they prefer flexible working arrangements and said they wanted to continue working from home once the pandemic is over.
Almost a third are prepared to quit their job if the company they work for does not offer the flexibility of remote working.

Employees that favour remote working are generally mothers with school-age children, those under 35 that want work-life balance and people with higher incomes.

People that advocate for a full-time return to the office are employees that prefer to be around their workmates or feel isolated and lonely working from home. They are usually single.

What are the Pros and Cons of remote working?

Media reports about remote working are mixed. Some say employees prefer working from home, others say the majority prefer the office. HR managers have said that encouraging employees to work in the office full-time is becoming increasingly difficult.

The happy-medium seems to be hybrid working whereby employees spend two or three days in the office and two or three days at home. The alternative is that employees that like to be around other people find a company in coffee shops or coworking spaces.

A hybrid model works for both parties as well. Whilst a distributed workforce is more difficult to manage, it does allow companies to cut the costs involved in renting office space. And because employees spend less money on commuting and office day lunches, there is an opportunity to lower salaries.

Advantages

Better work-life balance

More freedom

Improved employee satisfaction

Reduction of infrastructure costs

Increase in productivity

Less commuting

Disadvantages

Lack of personal connection

Loneliness and isolation

Zoom fatigue

Challenges with collaboration

Advantages of Coworking Spaces

In order to accommodate an entirely happy workforce and foster the advantages that remote working offers, consider coworking spaces. There are several advantages.

One of the key benefits of renting coworking spaces with BluDesks is it gives you the flexibility your employees want and helps managers to organise a distributed workforce.

There are also opportunities to expand your network with other companies that share the same space – including talented freelancers that may come in useful for one-off projects; web designers, content writers, graphic designers, developers etc.

In addition, coworking spaces typically organise keynote speakers which can provide insights into various aspects of the business including innovation, emerging markets, and trends. This type of professional talks that inform and inspire.

4 Benefits of Coworking Spaces

Reduce Infrastructure Costs

Lowering operational costs can present companies with more opportunities to expand in the market. The money you save can be invested into new product designs or marketing campaigns that expand your reach and visibility.

However, it is worth noting that reduced costs may not always be the case. The majority of coworking spaces tie companies to long-term contracts. Whilst you can pay this on a convenient month-to-month basis, the contracts usually include payments for things you are not using such as desks, private offices and meeting rooms.

BluDesks offer a different solution. All our facilities are available on a pay-as-you-go basis. That means you only need to rent space when you need it, and you only pay for the time you book.

With our model, you have more control over your spending and really can save on overheads. What’s more, we host multiple coworking spaces on our website that you can book with a single membership pass and one login.

This makes booking office space more convenient and gives you more options to book private offices and meeting rooms anywhere in the city you live. We have registered thousands of coworking offices around the world, so no matter where you are, BluDesks probably has a remote working solution for you.

The coworking spaces on offer are also fully-equipped with various technologies such as wide-screen TVs, overhead projects, printers, photocopiers and charging points. So you won’t need to invest in typically office technology either.

Easier to Collaborate

Whilst cloud-based technologies claim to make it easier for co-workers to collaborate easier in remote locations, the benefits are limited. You can work on the same documents and have quick chats and virtual meetings but beyond that, collaborators miss out on all the benefits of being in the same space.

Companies that are either pivoting to a hybrid model and don’t have enough space to accommodate a dedicated, full-time team, or if you’re doing away with the office and deploying a distributed workforce altogether, coworking spaces bring teammates together.

Face-to-face interactions are typically more productive and innovative than sporadic chats on instant messengers and the odd virtual brainstorm. It’s the conversations and examples that employees have when they’re together which produce the best ideas.

Integrate New Starters

New starters can feel isolated and confused if they are asked to work remotely when starting with a new company. It’s important for businesses and their employees to have a mutual understanding of culture, work preferences and strengths.

People also have an innate need to feel as though they belong. The workplace, therefore, becomes especially important considering the amount of time we spend at work.

Helps to improve potential mental illness

The major complaint with remote working was feeling lonely and isolated. The lack of engagement with other people is not good for mental health or emotional wellbeing.

Without the mental breaks, employees are more likely to suffer from burnout, work less efficiently and take sick leave. Being in solitude for long periods can even make people anxious.

Coworking spaces help to resolve the potential for mental health problems. Studies show that the social aspect of the workplace fosters good mental wellbeing, and the majority of employees that have been surveyed said it was the social interaction with their work colleagues that they missed the most during a lockdown.

Is Remote Working Effective?

It’s perhaps too early to answer the question as to whether remote working is effective or not. Only time will tell. However, the initial signs are that remote working does have benefits for both employers and employees – if you take advantage of solutions like coworking spaces.

BluDesks offers even more advantages to employers and employees, so no matter how you feel about remote working, we are confident we can find solutions that meet the needs of everyone.

4 Reasons Why Relocating Businesses Need Ad-Hoc Meeting Rooms

Date: Thu May 12 Author: Chelliah Nakeeran

Pivoting to the hybrid model seems to be the latest buzzword or business trend. But businesses that are renovating or relocating to new offices also face the challenges involved with remote working.

A distributed workforce during office renovations and relocations can be difficult to manage. Although the workplace is on hold, work is not. Managers and staff still need to hold meetings, engage in discussions, brainstorm and pep talks.

Hiring external meeting rooms on an ad-hoc basis can help you to move your business forward efficiently. It gives you valuable space to be creative, productive and inspired.

Moreover, with BluDesks pay-as-you-go model, renting meeting rooms is affordable, easy to manage and convenient. We also have flexible short-term offices which you can book as and when you need it, for one week, one month, three hours or three months. You choose when you need space and only pay for the time you book the space for.

Here are four reasons ad-hoc meeting rooms benefit a business that temporarily does not have access to office space.

Increase Productivity

A 2017 Stanford study confirmed that individuals are more productive when they work collectively. Even the perception of working as part of a team can improve performance levels.

Whilst technology can help bring a remote workforce together, individuals that are not accustomed to remote working need reminding they are part of a physical team.

Productivity can be enhanced when your team also know they have a limited window of time to reach a goal. Time-sensitive ad-hoc meeting rooms can help to supercharge productivity by increasing concentration levels whilst giving team members an ideal space to collaborate.

Meet With Clients and Partners

Coffee shops and restaurants are not always the best places to meet with clients to discuss serious business. Large firms trying to broker a deal with an important client or develop a project with a partner need a quiet space where you can hold a meeting in private.

Fully-Equipped Meeting Rooms

Meeting rooms can be used for several different reasons. Maybe you need space to give a presentation or a training session. A team of collaborators may need a whiteboard or overhead projectors to help share their vision with other team members.

BluDesks have a wide selection of fully-equipped ad hoc meeting rooms to choose from. With co-working spaces all over the city, you have the option to choose meeting rooms of various sizes that have the equipment you require such as AV facilities, wide-screen TVs, a variety of plug sockets and Wi-Fi.

Saves Time

The BluDesks model is designed for your convenience. We host a large number of co-working spaces on our website so that you can find the most suitable meeting room for your needs.

With a single login, you have access to ad hoc meeting rooms all over the city in which you live – and in multiple locations around the world. With this many meeting rooms at your fingertips, you won’t waste so much time skipping from one coworking space provider to the next.

To take advantage of the benefits are pay-as-you-go meeting rooms offer, sign up for a BluDesks Membership today.

Pivoting To A Hybrid Model? Here’s What You Need

Date: Tue May 3 Author: Chelliah Nakeeran

As employees return to the office, many companies expect requests for more flexible work options. According to McKinsey, 68% of organisations do not have a plan or a vision for pivoting to a hybrid model.

On the one hand, employees want more flexibility and autonomy. On the other, they want to spend time around their work friends and collaborate in person with teammates.

Hybrid models ticks both boxes. However, the hybrid workplace complicates matters for personnel and office managers. Fortunately, there are existing solutions that make the transition to a hybrid model smoother.

The key is to encourage a culture that fosters the benefits of working from home with working in the office. Not everyone will want the same thing all of the time.

According to Gartner, companies need to accommodate four different work models.

Working together in collaborative teams in a shared space
Working apart as a member of a collaborative team
Working in a team but with an individual workload
Working remotely with an individual workload

The three solutions below facilitate all four working conditions.

Co-Working Spaces

A key benefit to a hybrid model is the capacity for businesses to reduce the amount of office space they need – and the overheads that come with it. For some companies, the potential cost savings of a hybrid model are huge.

However, you will probably still need a fully-working office to serve as a base and provide access to a variety of facilities employees need to perform their job to the best of their ability.

Whilst you could downsize and continue to rent a smaller office, co-working space is also an option. With BluDesks, you can rent office desks, private offices and meeting rooms by the hour.

A pay-as-you-go model typically turns out to be more cost-effective than renting office space and covering utility payments and maintenance costs.

BluDesks also gives you more options to find appropriate office space. With a single pass and login, we provide access to multiple co-working spaces that meet your needs and are in the most convenient locations.

Our business model is particularly useful for hiring meeting rooms. Let’s say, the meeting rooms in your office are fully booked, but there is a room free in an office around the corner.

There are also benefits for remote workers. Two colleagues that need to meet and live on the same side of town may find it more convenient to work together in a co-working space closer to their homes.

Cloud-Based Tools

Before the pandemic, cloud adoption was relatively slow. However, when world governments ordered lockdowns, cloud providers saw a 32% increase. Cloud computing was the only adoption and is an indispensable solution for companies that intend to pivot to a hybrid workplace.

The hybrid model relies on digital tools that can be accessed from remote locations and at the same time provide effective cybersecurity measures. Cloud-based tools are specifically designed to improve the interaction between co-workers in remote places.

Cloud-based tools facilitate collaboration through file-sharing, enhanced communication and more flexibility. Collaborative teams can work on the same document in real-time or separately.

Any changes that are made to co-working documents are highlighted with the editor’s name next to them. Everyone granted access to the document can make edits or comments on the document. Or you can set read-only options.

Communication tools foster instant messaging and virtual meetings. These channels are great for asking quick questions and even brainstorming.

If team members need a longer meeting that will be too intense for a video conference, they can either organise it when they’re all in the office or rent a meeting room for the afternoon in a co-working space that is most convenient for everybody.

Employees can also access a document stored in the cloud from anywhere and on any device. This gives your employees the option to work from anywhere and access cloud-based tools at convenient times. For example, catching up with emails during a commute.

Employees that prefer to be around people can also work in remote locations such as a coffee shop or hot desk in a co-working space.

Cybersecurity Plan

The move to remote working models has highlighted a need for effective cybersecurity measures to be put in place. Employees working from home are considered an easier target for hackers because home wi-fi networks, mobile phones and text messages are easier to penetrate.

Having said that, the threat of hackers can be dramatically minimised with the right cybersecurity plan. Whilst cloud tools and anti-malware programs give you some protection, additional layers of protection should be added.

The first place to start is to train your employees about cybersecurity risks. They should be aware of the various cybersecurity threats hackers use, how to identify phishing emails and how to avoid downloading infected documents.

Patch management should also be a priority. The software you use, at some point, will develop a security issue. These vulnerabilities can be exploited by hackers. This is why software companies consistently release software updates that include security patches.

Other gateways hackers look to exploit are home wi-fi networks and mobile devices. Digital technologies such as virtual desktops and mobile device management build a safety net around remote devices too.

IT experts claim that virtual desktops are the answer to the hybrid security conundrum. Because virtual desktops operate on cloud servers rather than on-premise servers, they provide higher levels of cybersecurity.

Crucially, virtual desktops mimic your business network without actually providing direct access to it. Therefore, if an employee’s device is hacked, malicious actors would not be able to access your live data anyway thus preventing a possible ransomware attack.

The actions an employee performs throughout a normal working day are saved on the cloud but not backed up to your network until someone authorises a backup.

In addition, remote monitoring tools help IT personnel identify potential threats and block potential gateways at the source. For example, if a phone location and registered device do not match authorised personnel, whoever is trying to access your network is shut out.