coworking office space Archives

Coworking versus Shared Office Space: Which is better for your small business?

By Ian Payton|2019-08-29T05:52:19-04:00May 27th, 2019|coworking office space, Shared Offices|

Coworking has been all the rage for the past decade, but there’s a lot that small business owners don’t know about the differences between coworking and shared office space facilities (also called office business centres or executive suites). The main reason for this confusion is that some large corporate chains of business centres and executive suites have started to claim that what they’re offering are coworking spaces – without really knowing what the original coworking philosophy was all about. When you look coworking up on Wikipedia, you’ll find this explanation: “Coworking is a social gathering of a group of people who are still working independently, but who share values and who are interested in the synergy that can happen from working with people who value working in the same place alongside each other.” Notice that the key words are “social gathering” and “share values” – meaning that true coworking is [...]

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

By Ian Payton|2019-09-16T14:30:27-04:00November 21st, 2018|coworking office space, Flexible Workspace, Shared Offices|

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 […]

Shared Office Space Toronto

By Ian Payton|2018-10-15T23:23:30-04:00October 15th, 2018|coworking office space, Flexible Workspace, Shared Offices|

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 […]

How & Why Big Business Will Drive Coworking Office Space Growth

By Ian Payton|2018-08-30T05:20:34-04:00August 30th, 2018|coworking office space, Flexible Office, Flexible Workspace, office rental, Office Space|

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 they […]

Alternative Office Space: A Better Way to Conduct Your Business

By Ian Payton|2019-05-24T08:44:42-04:00July 29th, 2018|coworking office space, Flexible Workspace|

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 […]

Changing Needs of Coworking Space in 2018

By Ian Payton|2018-06-27T03:13:24-04:00June 27th, 2018|coworking office space, Flexible Workspace|

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 […]

What is Coworking Office Space?

By Ian Payton|2018-04-11T16:25:59-04:00April 11th, 2018|Business Centre, coworking office space, office space for rent|

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 amenities […]

Flexible Workspace: What is it and Who Benefits?

By Ian Payton|2019-09-06T12:40:41-04:00March 21st, 2018|coworking office space, Flexible Workspace, Serviced Office|

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 […]

Trends in the business space looking forward

By Jim Hedger|2017-12-21T03:15:12-04:00December 21st, 2017|coworking office space|

It’s the end of the year as we’ve known it and more of us are several yards short of fine. Only after the phrase “dumpster fire” becomes a frequently used descriptor on the national newscasts does one realize they’ve entered a new place, a terra incognito built simultaneously on fear and false equivalency. But that’s where we are and that’s what drives culture and culture is both cause and outcome of business. If only the only thing to fear was fear itself. That luxury is so last decade. Writing this piece while simultaneously checking social media and listening to the drone of cable news in the other room one might think we’re on the edge of a swirling abyss, surfing the event horizons of several significant disasters at the same time. So this isn’t really a predictions piece. It is more of a how things look right now piece. The […]

You Can be a Coworking Nomad

By Jim Hedger|2017-11-10T22:43:43-04:00November 10th, 2017|1 Yonge Street, Business Centre, coworking office space|

Imagine a utopia where people are no longer compelled to be connected to one location, a life where the world isn’t limited by distance or borders but is instead open to exploration at whim and supportive of cultural immersion. Imagine living on a remarkably unified planet. For many entrepreneurs, that world already exists. A few months ago we looked at the Rise of the Digital Nomad, that type of entrepreneur who lives to travel and has found ways to work independently or as part of a team while constantly moving from one place to the next. While their lives might seem chaotic and messy, some of the most productive and yet peaceful people find their grounded selves constantly moving over ground yet continually able to serve their clients. That they’re able to balance work and flight so easily is amazing though how they do it is more a mixture of […]

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