2022.... The Year of Co-Working

Co-working spaces have traditionally been associated with startups and entrepreneurs. Whilst the co-working market has been leveraged by up-and coming individuals or partnerships, enterprise businesses are looking towards flexible workspaces to accommodate for business growth. In a 2019 co-working report by Office Hub, it was reported that almost 40% of Australian companies that were undergoing business growth have enquired about co-working services. 

In Australia, the co-working profile is changing.

Here are three reasons why you shouldn’ rule out flexible workspaces as it may be just what your business needs to achieve significant growth moving into 2022 and beyond.

Seamless transition to remote working.

Co-working spaces allow for a seamless transition by having the amenities to essentially plug-in and hit play. There has been a rising demand for hybrid work models due to dispersed workforces across the nation which has created a gap separating employees who work from home and those at headquarters with the convenience of supplementary facilities and benefits. Habitat HQ provides a solution, ensuring your employees can come to work and feel supported in the remote work environment. 

With dispersed employees, there is a need to stay connected and this starts with digital connectivity. 

Businesses who opt for co-working offices reap the benefits of greater cost-efficiencies. This is especially beneficial for growing small/medium businesses who may not have sufficient budget to implement the best digital connections or resources to host client meetings. Need a boardroom to conduct a presentation or hold an important meeting? HabitatHQ has you covered with our beautifully designed, functional spaces.

Employees who choose to work away from the headquartered office at an HabitatHQ workspace acquired by the company will have all the necessary resources to remain productive. This includes a high-speed internet connection, business-grade printers and fully-equipped meeting rooms included in the membership fee. HabitatHQ also offers a fully serviced cafe including healthy lunch options, a smoothie bar, barista made coffee and treats to pick you up in the afternoon slump!

Minimise overhead by circumventing real estate expenditure

Traditionally, businesses are bound for years by traditional leases which inhibit scaling in response to businesses upsizing or downsizing to meet employee needs. Whether you are coming from an entrepreneurial background or entering the enterprise space, all businesses undergo rapid expansion at certain phases of the business life cycle. Habitat HQ’s membership system alleviates the financial burden of long-term leases by offering agreements on a month-to-month basis.

On top of the cost savings, the flexibility of rightsizing whenever makes co-working an ideal choice in present fast-evolving market conditions. Whether you need to upgrade to a larger private suite, rent more hot-desks to cater to new remote hires or downsize to suit your business needs, we will help you manage your hybrid workspace at no additional fee. 

Saving on real estate expenditure means more resources can be channeled to other areas of the business to drive growth. Why not invest in employee wellness programmes to keep your team performing at their best. Better yet, re-allocating funds towards investing in the latest technologies will allow you to streamline your business processes and supercharge your growth strategy.

Provide a conducive environment and attract the best talent

One of the top priorities for businesses is to attract and retain the best talent in their respective industry. Habitat HQ provides a hub for the best talent in the market.The co-working concept is an effective workplace strategy to attract and retain talent. Whether you are upskilling your workforce, expanding into new markets or conducting an offsite, the space you do it in is key.

Don’t plan your life around work, take back your day and plan your work around life instead.

It is undeniable that the flexibility of choosing where and when to work fosters a better work-life balance. Choosing to work closer to your child’s school means that you can drop into an office that’s just a stone’s throw away after drop off time. 

40% of employees indicated they would like to be able to work from a third-party place such as a co-working space  (statistic current 2020).