Glossary

Flexible Workspace

Flexible Workspace:
What does it mean? Definition & Info

In a nutshell: These are office workspaces that can be used at flexible conditions. In principle, a flexible workspace has a fully equipped office infrastructure, and in many cases various additional services are also offered. But there are serious differences.

The flexible workspace category includes various solutions:

1. business centre

These classic providers of office workplaces usually open up a wide range of rental options in self-contained rooms - from private offices to offices for several employees. Tenants can book professional services such as secretarial or postal services, but also seminar or meeting rooms as required.

2. coworking space

This solution relies on exchange in an open, professionally equipped workspace shared by different users. There are no fixed workstations here, the existing infrastructure is usually very high quality and is also shared.

3. hybrid solution

Here, classic private offices are combined with open spaces reminiscent of coworking spaces that can be shared and regularly occupy up to 20 per cent of the total area.

4. office sharing

On the one hand, this includes office communities in which several companies or freelancers share the very high office rents in central locations in many metropolises. On the other hand, this term also includes subleases: If, for example, a company only uses part of the available office space, they can allow others to rent in. The serious difference to the other solutions is that the companies do not operate this letting professionally or commercially.

All in all, flexible workspace requires a certain amount of management, which can be conveniently controlled via a software solution.

Locaboo can map all of the 4 different solutions via coworking management software. Just get in touch with us.

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