The recent shift in work culture and norms has spawned a variety of workspace solutions. While most businesses are aware of the co-working office space model, there also exists the concept of a private office space. Essentially a lockable space located within a shared office facility, this type of workspace is rented out exclusively to an individual business or company.
Why a Private Office Space?
A private office space works out best for those who’d like the perks of a traditional office setup without giving up on the benefits of co-working. For instance, you enjoy access to a private zone in which to work and store your possessions, even as you get to interact with a larger professional community. Additionally, many business owners today look for private office spaces for the following reasons.
- Saves Money– Since these are located in amenity-rich shared office spaces, you don’t need to worry about procuring tech equipment, or about maintenance, and repairs. Moreover, you can still access the full gamut of shared facilities such as conference rooms, cafeteria, and other common areas.
- Offers Privacy: Peace, quiet, and confidentiality are the most obvious advantages of a private office space. There are naturally fewer interruptions and distractions in a private environment, leading to improved focus and work productivity.
- Good for Teamwork: A private office space is just like a conventional office set-up in which your team members can connect, engage with, and get to know one another. Moreover, interpersonal interactions are typically smoother and simpler in this kind of setup.
What to Consider While Renting a Private Office Space
As elucidated above, a private office space is a cost-effective and practical workspace solution that extends the virtues of co-working while offering the privilege of a private work zone. If you are looking to rent a private office space, here are 4 key factors you should keep in mind.
- Office Size
Private office spaces are available in an assortment of sizes. You must therefore choose a size and layout that fits the size of your company or team. If you have a large team, you will obviously need a wider space, as well as other conveniences such as a parking facility.
- Type of Leasehold
Even if you are looking to rent a private office space, it’s prudent to not go for a conventional long-term leasehold. If you ever wish to downscale operations, you would be burdened with having to pay for space you may no longer need. If your business undergoes exponential growth, the previous space may no longer be adequate. A flexible-term office rental, on the other hand, will give you the freedom and agility to shrink, expand, or relocate in accordance with shifting business needs.
- The Right Location
Opt for an office that makes the commute easy for your employees as well as clients and suppliers. It’s best to avoid remote locations and instead go for an address that is easy to locate, accessible using public transport, has amenities such as restaurants nearby, and has parking facility.
- A Suitable Ambience
Your private office space should be a place your employees love working in. Amenity-rich contemporary offices with elegantly done-up interiors and roomy sun-lit common areas can be great. A biophilic layout, with office rooms overlooking a garden, would be an added plus point.
A private office space enables businesses to reach people all over the world, bringing remote employees together to boost overall team coordination and performance. An affordable and sustainable workplace solution, it is an ideal option for mid-sized teams and scale-up businesses.