Over the last few months, we as business people have learnt that everything is adaptable.

We have changed the way we work, the places we have conducted business from and how we communicate. Sure, there have been many challenges that have been associated with the changes, but we can also take away some valuable lessons on how business can progress.

We are searching for alternatives to address our evolving needs around social distancing in the workplace, work/life balance, flexibility, cost-effectiveness, agility and ease in our professional landscapes.

Here are some of the ways our clients have gotten creative with the way they conduct business and benefited:

Serviced Offices

Due to a global paradigm shift in the way we think about work and our working environment, the demand for serviced & virtual offices in Australia is on the rise.

Serviced Offices are established business centres that provide fully furnished professional office spaces, conference rooms and front office staff as and when you need it. They are usually located in the business district of a CBD, and becomes a very cost effective way to be in the hub without paying a large price tag.

Added benefits include reception, administration staff and access to meeting rooms, all without having to sign a long-term expensive lease, freeing up your capital to reinvest in other areas of your business.

Virtual or satellite offices

A virtual office is a service that enables employees and business owners to work remotely by providing a range of business functions accessible through the internet, providing the benefits of an actual office without the overheads.

Several large firms such as GOOGLE have offered employees opportunities to work from home moving forward, because they have tested their IT infrastructure and worked out that it’s possible, and productivity levels in their business have stayed positive. Benefits include no commute time, low to no technology costs and no lease to pay.

Offshoring

Depending on the type of business you run, you may benefit from taking a portion or all of your operations offshore.

Businesses that choose to go into offshoring can potentially reap both short-term and long-term benefits. Offshoring allows business owners to focus on strategising business growth as it takes off tasks like accounting and marketing from their hands without worrying about the possibility of a decline in the quality of work.

CAAA Commercial Concierge understand the ever-changing business world, and have a dedicated Advisory department to help you realign your business. If you have been thinking of ways to reinvent the way you do business, speak to your concierge today.

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