Post-capital corporate relocation: Transition to the flexible office
How do you choose the right flexible office space for your growth when relocating after raising capital?
The rise of flexible workspaces has revolutionized the corporate real estate market. This solution offers an attractive alternative to
The rise of the flex office:
an alternative to traditional commercial leases
What is the flex office?
Flex office is a concept that enables companies to offer flexible, scalable workspaces to suit their needs. Unlike traditional commercial leases, flex office offers greater flexibility in terms of contract duration, surface area and layouts.
Why is the flex office a viable alternative?
Companies undergoing hypergrowth, particularly after raising capital, need a real estate solution that can quickly adapt to their development. The flex office meets this need by offering more flexible and less restrictive contracts than traditional leases. What’s more, these spaces often come with services such as access to meeting rooms or specific equipment, facilitating day-to-day management.
Hiptown one of France’s pioneers in flexible office solutions
The Hiptown course
Hiptown is a major player in the flexible office market in France.
The French start-up has experienced strong growth in recent years, and its innovative vision of commercial real estate has brought a breath of fresh air to the solutions on offer in France.
The impact of its success on the flex office market
The success of these two companies has contributed to the emergence and democratization of flexible workspaces in France. Its diversified offering, tailored to the needs of growing companies, has convinced many executives to opt for this innovative real estate solution.
How do you move without stopping production?
Relocation planning
A successful move requires careful planning. It’s essential to draw up a detailed timetable, taking into account the various stages of the process: finding a new space, negotiating the contract, transferring equipment and fitting out the new office.
Production management during the move
During the move, it’s important to minimize the impact on production. To achieve this, you can opt for a gradual transfer of teams and equipment, or organize the move outside working hours.
The consequences of choosing the wrong office
Financial costs
The wrong choice of office can lead to additional expenses for the company: too high rents, contract amendment fees or costs associated with an early move.
Costs in terms of productivity and employee morale
An unsuitable working environment can also impact on employee productivity and well-being. A space that is too small, poorly located or badly laid out can be detrimental to team comfort and motivation.
How to choose the right flexible office space?
Location and accessibility
Location is an essential criterion when choosing a flexible workspace. It’s important to take into account the company’s specific needs (proximity to customers, public transport, etc.) as well as employee comfort.
Contract type and conditions
You should also carefully study the contractual conditions offered by flex office providers. Comparing offers in terms of duration, costs and services included will enable you to opt for the solution best suited to your needs.
You should also carefully study the contractual conditions offered by flex office providers. Comparing offers in terms of duration, costs and services included will enable you to opt for the solution best suited to your needs.
Surface and fittings
Finally, it’s crucial to check that the workspace you choose is adapted to the size and specific needs of your business. Take into account the layout plans, the capacity of the space and the potential for further development.
In conclusion, moving to a flexible office space after a capital raising can offer many advantages for growing companies. Careful planning, good communication with teams and judicious choice of new space are all key factors in making this transition a success, without impacting production.
Conclusion
Relocating after a successful fund-raising round is an essential step in supporting your growth and development.
That’s why it’s vital that you surround yourself with the right experts to advise you and help you discover innovative solutions on the commercial real estate market.
