The Benefits of Short-Term Office Solutions for Growing Businesses

As your business expands, finding the right space becomes essential. A flexible office gives you the ability to stay agile without being tied to long-term commitments. Better for your budget, and better for your growth.

The environment your team works in plays a huge role in productivity, preferences, and work-life balance — all key to keeping great people on board. That’s why short-term office solutions are worth considering, for both your business and your team.

Here’s how they can support you.

Top 5 benefits of short-term office solutions

Cost-effective flexibility and scalability

Short-term office spaces are a cost-efficient way to secure a professional environment. As your team grows or downsizes, you can easily adjust to offices that suit your current needs. Say you want a 5-person office for 3 months and then, after a huge hiring spree, a 20-person office for 12 months — that’s all possible. Since it’s on a month-to-month basis, you get the freedom to test out a new location, market, or business model without being tied to a lengthy commitment. In comparison, a traditional office doesn’t offer the same flexibility. The size you pick at the start is what you are stuck with the entire time. 

All-inclusive amenities

A short-term office comes fully equipped with all the resources, high-quality amenities, open kitchen plans, and meeting spaces you may need. You won’t have to worry about furnishing a space, hiring cleaners, or doing maintenance because everything comes at one price. From bike storage to gyms and showers, employees can maintain a healthy work-life balance in these spaces. If you need help? There’s always administrative support there for you to help with internet, printing, or mailing questions. This allows you, as the business owner, to allocate resources to other critical areas of your business, like marketing, tech, or staff development. No extra hassle, instead, more time to focus on what matters.

Locations you want

Many short-term office solutions are located in prime business hubs. This offers your company a professional setting without the overhead costs associated with traditional leases in these desirable areas. Most of the time, they’re located close to public transport, top dining options, fitness centres, grocery stores, and cafes, making it ideal for your employees and their lifestyle. You’ll be able to retain more employees and clients if you’re located in the inner Melbourne suburbs rather than rural Victoria.

Professional image

For startups and small businesses who are just entering the market, establishing a professional image is crucial. Short-term office spaces give you a prestigious address in a central spot and help you to impress clients and partners, creating credibility from day one. It’s much better to meet in professional lobbies or meeting spaces rather than your living room or a cafe. It draws the line between a casual business and an established business. 

Community connections  

When you’re a solo entrepreneur or just starting your business, it can feel isolating. It’s always easier once you start collaborating because you can meet a variety of new people who can spark ideas, open your mind to new possibilities, and potentially become customers, clients, or partners in your business. It can happen professionally at networking events or casually in breakout areas or kitchen spots. Short-term office spaces want you to grow both personally and professionally, so they offer many ways for you to do so.

Secure your next business space today

If you’re ready to find your next business home, we’re here to help. 

Based in the vibrant community of Box Hill, just a stone’s throw away from Melbourne’s CBD, Work East features a diverse range of flexible workspaces designed to help your business thrive. From private offices, dedicated desks, to virtual addresses, we have all sorts of memberships for all sorts of innovators. Whether it’s for a couple of months or a couple of years, we help small businesses grow!

Interested in reserving a short-term space? Book a spot with us today!