Toronto Business Centre News, Resources & Blog2021-02-12T10:26:06-05:00

Articles & Resources

Will Flexible Workspaces Disrupt the Traditional Satellite and Branch Office Markets?

In our introductory post to Flex space solutions post “Flexible Workspace what is it and who benefits?” we explained flex space refers to office space provided outside the “conventional lease” markets. In Toronto, this includes coworking space, most business centres and shared office space providers. As corporate businesses learn more about how the flex space networking culture and entrepreneurial environment affects their employees and see the results, flexible workspace has the makings of becoming a long-term trend in this segment of the office space market. When you dig, you see there is far more driving the move to a flexible workspace by corporations than to a cheap office space. Why Flexible Workspace is Tailor Made for Satellite and Branch Offices To move employees from corporate headquarters to a satellite or branch office requires a lot of time and energy from managers and support workers to procure, furnish, decorate, and outfit an office space with […]

By |November 21st, 2018|Categories: coworking office space, Flexible Workspace, Shared Offices|

Shared Office Space Toronto

Shared office space in Toronto can come in several forms with a variety of payment terms, overhead and types of office space being shared. The list includes: Coworking office space Traditional office space where 2 or more businesses share the office expense Semi-private Office in a Business Centre where 2 businesses share an office Team office space is a larger office shared by several employees of a single business Flexible workspaces The Pros and Cons of Coworking Shared office Space Coworking office space is like a business centre that charges a monthly membership fee rather than a monthly rental fee. More networking opportunities are perceived to be one of the advantage, however, at telsec we have seen that there is also a sense of community and collaboration in our business centre. The biggest advantage that coworking provides is in the low costs and use of shared business equipment and support […]

By |October 15th, 2018|Categories: coworking office space, Flexible Workspace, Shared Offices|

How & Why Big Business Will Drive Coworking Office Space Growth

  Coworking & Flexible Workspace: Will It Be the Death of Traditional Offices? Since coworking and flexible workspace became a trend a few years ago, office space design has been the subject of much speculation and discussion. Business sites like Inc., Entrepreneur, Harvard Business Review and Forbes have featured numerous articles about the latest and greatest coworking/flexible office space designs, and of course, we at Telsec Business Centres have discussed alternative office space options for several years now, as providing office space in its many variations is both our specialty and service. Here we continue the conversation about coworking and flexible workspace from the perspective that not only does it make good business sense for entrepreneurs, startups and SME businesses, but it also represents a cost-effective solution for corporations and larger businesses. In fact, corporate and larger businesses will be the driving force behind the growth of coworking/flexible workspace, as […]

By |August 30th, 2018|Categories: coworking office space, Flexible Office, Flexible Workspace, office rental, Office Space|

Alternative Office Space: A Better Way to Conduct Your Business

  Why Home Offices Should Move to an Alternative Office Space It’s true: working from the comfort of your home may be an idyllic scenario for those who are self-employed, or for online entrepreneurs running a small business with only a handful of remote employees. Depending on where you live, a home office can also spare you the time, expense and hassle of a commute. However, it’s also true that working from home has its drawbacks — and many more than you might expect, if not already experienced. Here, we explore why you should move your office from your home to an alternative office space, such as a shared, traditional (private or semi-private), or coworking space — or at the very least, consider renting a virtual office. De-Romanticizing the Home Office: A Reality Check When discussing their decision to move their business from a home office to a private or […]

By |July 29th, 2018|Categories: coworking office space, Flexible Workspace|

Changing Needs of Coworking Space in 2018

Coworking space has evolved to mean much more than simply shared office space. While coworking office space is an accessible and affordable alternative to renting a traditional commercial office space, lower operational cost is no longer its strongest selling point. As noted in our previous article about the changing needs of coworking space in 2017, small business owners and entrepreneurs are now seeking a sense of community with other like-minded professionals. So what makes for a sense of “community”? For some small business owners, it may mean an environment that fosters professional networking, or alleviates the isolation of an individual or home office. For others, it may mean working alongside those sharing an industry or vocation, such as tech development or remote freelancing. For still others, it may mean a sense of exclusivity, such as coworking spaces that are solely dedicated to women. Regardless of what it may mean to […]

By |June 27th, 2018|Categories: coworking office space, Flexible Workspace|

Choosing The Right Venue for Your Corporate Event or Seminar

  Tips on How to Find the Perfect Venue for Your Small Event It’s incredibly easy to put the cart before the horse when it comes to finding an event venue for your small corporate or business to business event. To a great degree the venue you choose will be dependent on the purpose and goals of the event, expectations of the audience and budget for the event. Free Event Space Isn’t Always the Best Choice What if you have a free venue for your corporate event? You still need to access the free event space because it may not be suitable for the purpose of the event or meet your attendee’s expectations for the event. When choosing a venue your focus should be on meeting the purpose and goals of the event! Often small corporate events can be held in the business location to cut costs and for employee […]

By |April 18th, 2018|Categories: Seminar and Event planning, seminar rooms, Venue Rental|

What is Coworking Office Space?

  Coworking: The Who, What, Why & Where for Startups & Entrepreneurs As a marketer one of my prime resources for promoting all our products are the questions that potential clients ask about our services. Since coworking is a new offering in the flexible workspace category that we didn’t have a lot of questions about, I used a tool which identifies the questions in the suggestions that users get when they enter search terms into Google. The best content that I can add to a site is content that answers questions our website visitors may have about our offerings. Coworking: What Does It Mean? Easily the $64 question as even the spelling is disputed as to whether it is coworking or co-working. What it means depends on who you’re asking. To some users it means: All non-traditional office space (flexible workspace) A workplace design and environment Office space with themed […]

By |April 11th, 2018|Categories: Business Centre, coworking office space, office space for rent|

Flexible Workspace: What is it and Who Benefits?

I recently read an interesting Flexible Workspace Study about how flex space is perceived by end users; individuals responsible for procuring office space for their companies; coworking and serviced office providers and landlords. The survey was not huge as the study describes its composition as being “The survey was sent to over 500 people across the industry.”. However, combined with my experiences here at Telsec Business Centres for going on 4 years and as an end user I’d agree with much of what the study shows as the benefits of the workplace environment for workers and organizations. What is Flexible Workspace or Flex Space? Flexible workspace: the term the industry uses to refer to any type of space outside of the conventional lease market. Identifying the different types of respondents included excellent definitions for coworking; serviced offices; hybrid office providers which are office space providers with a mix of coworking and serviced office space and flexible workspace which includes all […]

By |March 21st, 2018|Categories: coworking office space, Flexible Workspace, Serviced Office|

Facebook and Google Face Advertiser Push Back

Facebook and Google are finding out that the problem with massive disruption is when landscape gets all churned up it isn’t able to provide a stable foundation until it settles, which can often take several years. Facebook counts nearly ¼ of all people on Earth as users. It has a reach so incomprehensibly big it’s very difficult to fathom. Google is, by far, the world’s largest advertising company with its ubiquitous AdWords ads, 60% of the display ad market through its DoubleClick unit, and a virtual monopoly on searchable online videos with YouTube. More than any other Internet behemoths, Facebook and Google are the biggest beneficiaries of the shift in ad revenue from traditional media sources like television, magazines, and newspapers. Together, they have become the gatekeepers of the Internet and thus the duopolistic sources of most people’s information. In recent years, stock values for both companies have surged, matched […]

By |February 22nd, 2018|Categories: Advertising|

Horsemen coming? Don’t Panic

Fear, Uncertainty, and Doubt are three of four harbingers of ill omen. The fourth is more of a following spirit made up of innumerable desperate decisions. It’s called Panic. They are social and economic contagions and though they spread at different times and rates, they tend to follow the same directions and end up in the same foul and musty places. The markets are all over the map this morning but investors surfed through two days of serious uncertainty yesterday and on Monday. The scariest part in the aftermath is thinking about who, or more precisely, what market managers blamed for the sharpest decline on the Dow since 2008. Algorithmic trading and the arbitrage found in between where numbers fall. Trading sophistication so enormous and virtually unpredictable in its scope and decisiveness was fingered as the driving force in the greatest market correction since the international financial system was threatened […]

By |February 7th, 2018|Categories: Business Community|

Traveling Past the Polar Vortex

It’s coming back and it’s going to be harsh. Thirty six to forty eight hours from the time this is written, the temperature is going to plummet and Toronto will freeze under the icy blanket of another polar vortex. In two days time, Toronto will be as cold as the Arctic. The cold snap is expected to last ten to fourteen days before it breaks. Here are a few tips to help keep you from breaking before it does. First, please remember that Friday is Groundhog Day which, at that time, will probably mean one of two things to you depending on if you’re a half full or half empty sort. Those who are half empty will remember that the Mars-scape that faces them Friday morning will be their realities for the foreseeable future and be bummed. The half-full set, on the other hand, will remember that no matter what […]

By |February 1st, 2018|Categories: Uncategorized|

The Report

The body of the report spanned thirty pages alone, perhaps more. Every minute detail, every compromise decision, every last mistake was supposed to be laid bare and spelled out for the entire world, and more importantly those who held the IT and marketing teams accountable, to see. Because the material ventured into highly technical information understood by only a fraction of the people who would read it, an equally lengthy glossary of terms accompanied it, along with an appendix filled with expanded diagrams, graphs, and charts, most of which couldn’t be made to fit properly in the body of the report itself. Oddly enough, nobody in the chain of people who received the report felt in the least worried about the findings. Even the developers, those poor souls whose work was being dissected and judged, were happy to receive it. No matter what, they could blame the hapless folk in […]

By |January 19th, 2018|Categories: Uncategorized|
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