Do-I-Need-An-Open-Plan-Or-Private-Office-Space

Do I Need An Open Plan Or Private Office Space?

Both small and larger businesses are beginning to take advantage of co-working and flexible workspaces for their businesses. Flexible workspaces give businesses the opportunity to easily set up and run a business within a few hours. Instead of looking for a perfect location for your business, paying expensive rents, furnishing and employing staff, co-working spaces give these features all in one. Whereas many have opted for private office space, whether it’s within or outside a co-working facility.

 

Open Plan vs Private Office Space

Flexible workspaces offer both open plan and private offices. The open plan allows you to share the same facilities like desks, chairs, pantry and resources with fellow co-workers. The private office plan provides you with a dedicated office premise where only you and your team to control, manage and oversee the resources and facilities. Some major drawbacks of public/open workspaces have made many co-working space providers provide private offices for rent.

Both office plans have their advantages and disadvantages. It can be tough to decide which is best for your team. Of course, choosing between an open and private office can also affect the growth of your business in many ways. In order to assist your decision-making process, we have come up with a sharp comparison between both types of offices.

 

Open Office Plan

An open office setup provides your team with an option of hot desk, fixed desk or dedicated desk. The major advantage of an open workspace is that it is exciting, fun, and lively. It opens the door to socialisation and networking with fellow co-workers.

 

Pros of Open Office Plan

1. Build a Community Around Your Business

Operating in an open plan office gives your team an opportunity to meet with fellow coworkers and form a community. Of course, by having professionals in the same field or industry, you can enhance creativity and innovation. So, if you and your team need to establish a community around your business, an open plan office is the best for you. Apart from using the facility, you also have the chance to establish a community around your business.

2. Collaborate with Fellow Coworkers

Another important benefit of using an open office facility is the ability to collaborate with fellow coworkers even from different industries. In an open office set up, you can meet and establish a relationship with a complementary business that will boost your business. For instance, if you sell baby wears, you can meet a graphics designer in an open office set up who can carefully take an astonishing picture of your products. Such collaboration is vital for every team. 

3. Opportunity to Network yourself

Networking means you are meeting people in other industries who can link you with potential customers or partners.  This is a form of mutual relationship and benefits you stand to derive from using open office space. A fellow coworker sharing an open space with you can easily refer/recommend you to a friend or family who needs your service or product.

4. It is Cheaper 

Above all, an open working space is significantly cheaper than the private/dedicated one in terms of rent and amenities. More so, open spaces are more flexible and you can easily switch to another table or upgrade your space.

Cons of Open Office Plan

1. Noise 

The most obvious disadvantage of an open workspace is noise. The very nature of an open desk space is that every coworker tends to communicate and interact openly. This invariably means noise within the space. Although some companies are particular about a lively and cozy place, the kind of atmosphere in an open working space can sometimes be too noisy and distracting for your team.

2. Hard to build a company culture

You are not able to build your desired culture, heritage, and plans for your company or business in an open workspace. You have to rely on what the environment brings rather than deciding what the environment should be. If you need to build a unique culture for your company, you should consider private offices for rent.

 

Private Office 

In a private office plan, your team is provided with a dedicated office within the co-working environment where you can carry out all your transactions and activities. This space is particularly accustomed to you and you can build your desired culture within this premise.

Pros of Private Office 

1. A Quiet Working Environment

Perhaps, the greatest benefit of all time in private offices is a calm and quiet working environment. A private office will definitely contain only your team and none else. More so, you will be in charge of all the facilities and share with no one else. Thus, if your team needs absolute silence and decorum, private offices for rent will surely be a nice investment.

2.  Absolute Control over your office

Some businesses always love and prefer having their things in a particular order. Operating in a private office means that you can have everything, including design and layout according to your wishes. More so, you can customize your office and paste personalized banners and posters where necessary. All these, of course, can have a big impact on productivity.

 

3. It Enhances your Business Image

Most clients want to work with firms and companies with high reputation and standard. Inviting a potential client to an open working space may compromise your image. Private offices tend to boost your business image and raise your standard. Its also well known that most businesses that use private offices tend to be more established or well funded, in the case of startups.

4. Desired Privacy

Another vital advantage of a private working space is privacy. You no longer need to hear all those irrelevant conversations and get involved in the unnecessary mess. More so, private offices allow you to discuss those confidential and personal issues with your team members and customers.

Cons of Private Office 

1. You might miss all the fun and dividends

The major disadvantage of a private office is that you tend to miss all the fun and excitement of an open workspace. In addition, you may miss the core benefits of working in an open space like collaboration, networking and socializing.

2.  More Expensive 

Not only are they less flexible, but private offices are also typically more expensive than open offices. Of course, if you really need privacy to run your business, you definitely need to pay more.

Which one Is For You?

As you can see, both open and private office plans have their advantages and disadvantages. Your choice, however, will depend on your need and business type. If you are a new startup and you really need to network yourself in a more economical option, an open office or co-working facility can be the best for you. On the other hand, if your team handles more privacy and exclusivity, a private office should be a better option.

Read more
0
How-Office-Space-Demand-Has-Changed

How Office Space Demand Has Changed

The pandemic has permanently altered how we think about offices – as companies reassess their real estate needs, it is bound to have a lasting change in the modern organisation.

For further information on our office space for rent in Nottingham, contact Oldknows Factory today. Our team will be happy to assist you, offering a service based on your requirements, such as team size, daily functionality and more. Join our creative and innovative community, boost morale throughout your workplace and take advantage of the unique structure and style.

Office Space After The Pandemic

COVID-19 has fundamentally challenged and changed the way we, as a global workforce, interact, socialize, and collaborate. Flexible working practices, including working from home, have been readily adopted as the coronavirus pandemic has forced a trial run of remote working for industries, businesses, and individuals across the world. As a result, sentiments towards office space, its value, role, and contribution to the operation of daily work tasks are now being re-evaluated by employees and employers. 

While the pandemic has accelerated the shift towards integrating flexible workspaces into corporate real estate portfolios, the fear that the office will lose its relevance is not realistic; rather than becoming obsolete, it will become an increasingly valuable asset in facilitating collaboration and driving business growth. 

Flexible Working

Many tasks can be accomplished remotely without a significant drop in productivity or quality. While virtual conferencing and teleconferences can provide an intermediate solution to in-person interactions and meetings, over time, face-to-face interaction is required to facilitate collaboration, build relationships, solve complex challenges, and generate ideas. 

Most employees, especially those with long commute times, or those that intrinsically travel a lot for their field of work, appreciate having the flexibility and autonomy of having the choice of where and when to work.

Companies Reassessing Their Office Needs

While many companies still want the collaborative atmosphere that the physical office provides, they also desire the advantages that flexible practices offer to support remote working for their employees and clients. That being said, the purpose of an office as a space where people can meet, collaborate, share ideas, and nurture innovation is still vital for many businesses. As companies reassess their real estate needs, the function and role of office space is changing; shifting away from a productivity-based model, the office role is evolving to focus on the people – its values comes as a hub to facilitate meetings and gatherings. And this shift isn’t industry-specific. 

From ‘traditional industries’ such as finance or law, to more creative industries like art & design, communications, advertising, or media, all are rethinking how the office can positively impact their business. With this changing function of the office space, traditional leases with long rental periods are coming into question, and companies are turning to lease agreements that provide more flexibility as a solution to supplement their traditional real estate portfolios.

Read more
0
5-ways-to-improve-your-open-office-space

5 Ways to Improve Your Open Office Space

Open office spaces have been proven to greatly benefit the working environment, allowing for better communication between employees as well as introducing better aesthetics. Whether you’ve just invested in one, or have been working in one for years, there are always new ways to improve your open office space

Organisation 

Organising your office space can improve the environment both you and your employees work in. Reduce the clutter in your office and remove any furnishings, equipment and decor that are taking up unnecessary space. Encourage your employees to go paperless, which can benefit the environment as well as your office space. This removes the need for filing systems, both on desks and off, and allows for easier access to documents online. 

Encourage employees to organise their desks so their working environment can feel less cluttered. Research has shown that people work more efficiently in cleaner and organised environments. 

Introduce colour 

There’s nothing more boring than sitting in a dull office for 8 hours a day. Introducing colour with vibrant furnishings and decor can stimulate minds and improve productivity. 

Blue and green can improve efficiency and focus by providing an overall sense of well-being. These earthy colours create happier and more effective workers. Red can be quite intense and in an office environment should be used sparingly, but can be effective to draw attention to something. Yellow represents optimism and can create a fresh feeling. This colour is best used in creative office environments, as it is known to trigger innovation. 

Seasonal Decorations 

Christmas, Halloween and Easter are all reasons enough to decorate your open office space with seasonal decor. Unique decorations attract attention and can even bring in future clients. 

Decorating your office with seasonal decor can also boost employee morale. Getting your workforce involved with office decorating can improve working life and create a happier environment to work in. 

Food & Drink Facilities

The legal requirements for office spaces are providing drinking water, a place to eat, and a hygienic environment to prepare food. If this is all your open office space has, consider investing in finer food and drink facilities. This could include: ovens, fridges, microwaves, tea and coffee facilities, pantries, and cutlery. 

Improving these facilities can make employees feel more comfortable, which may lead to improved productivity and higher morale. Investing in tea and coffee facilities, in particular, could greatly improve efficiency by providing a way to boost energy levels. 

Lighting

Dark and dull office spaces can have a significant negative impact on employee mental health. Lighting makes a huge difference in mood, productivity and health, and can improve someone’s working life.

Natural light, in particular, has been proven to have a positive effect on employees, a key feature of open office spaces in The Oldknows Factory. Even if you don’t have access to an abundance of natural lighting, LED lights can still improve efficiency in the working environment. Create a positive impression of your workforce and invest in better lighting. 

The Oldknows Factory in Nottingham provides excellent open office spaces for businesses across the country. You can easily improve your open office space with the offices we provide, including natural lighting and open environments. Rent your open office space in Nottingham today, or contact The Oldknows Factory for more information.

Read more
0

Level 3E Room 1

Price PCM: £POA
From City Centre: 0.7 Miles

  • Industrial feel
  • Light and bright
  • Close to city centre
  • Shared amenities
  • Breakout space
  • Flexible term contracts
  • 24 hour access
  • High speed internet available

The Oldknows Factory is full of industrial charm and is a melting pot for businesses and creatives alike.Whether you’re a young professional, an entrepreneur or an established business looking for the opportunity to expand, then you should definitely be considering one of Nottingham’s inspiring landmarks. The old lace factory boasts a range of facilities and amenities to inspire your productivity. 

Call and book your appointment now: 0115 697 1057

 

 

Read more
0

Level 6C Room 1-3

Price PCM: £POA
From City Centre: 0.7 Miles

  • Industrial feel
  • Light and bright
  • Close to city centre
  • Shared amenities
  • Breakout space
  • Flexible term contracts
  • 24 hour access
  • High speed internet available

The Oldknows Factory is full of industrial charm and is a melting pot for businesses and creatives alike.Whether you’re a young professional, an entrepreneur or an established business looking for the opportunity to expand, then you should definitely be considering one of Nottingham’s inspiring landmarks. The old lace factory boasts a range of facilities and amenities to inspire your productivity. 

 

 

Read more
0

Level 5C Room 11

Price PCM: £POA
From City Centre: 0.7 Miles

  • Industrial feel
  • Light and bright
  • Close to city centre
  • Shared amenities
  • Breakout space
  • Flexible term contracts
  • 24 hour access
  • High-speed wifi provided

The Oldknows Factory is full of industrial charm and is a melting pot for businesses and creatives alike.Whether you’re a young professional, an entrepreneur or an established business looking for the opportunity to expand, then you should definitely be considering one of Nottingham’s inspiring landmarks. The old lace factory boasts a range of facilities and amenities to inspire your productivity. 

 

 

Read more
0