There are essentially two ways business centers offers in exchange of desk space: flexi desk and fixed desk rentals. Which approach is right for your business?
Flexi Desk
The Flexibility of registering companies without physical offices has been widely known as “Flexi Desk”. The Flexi Desk is a Desk Space/seating area that communally shared between groups of subscribers.
i.e. David has a license and doesn’t require a physical office, and wants to have a Desk Space to use like 3 to 5 times a month, be focused and get some work done.
Nowadays, especially with the continuous Improvements thanks to the Department of Economic Development and respective authorities, entrepreneurs can establish their mainland business based on this particular Flexi Desk. It is commonly known as “Sustainability Desk” and “Estidama”. This option works great for establishing a new Mainland License “Subject to approved Business Activities” as well as the renewal of existing licenses for potential upgrade at later stage.
Fixed Desk
The Fixed Desk is also called “Co-working station” is a dedicated desk space available for one particular individual to be used on a daily basis.
i.e. Sarah has a small successful e-commerce business, and comes into the venue on a daily basis to use and sit on the same desk. She finishes her work every day and leaves her belongings such as laptop, wireless keyboard on her desk, and notes, pen and stationary inside her dedicated small locked storage cabinet.
Let’s summarize the Advantages and Disadvantages of both Flexi Desk and Fixed Desk:
FLEXI DESK | |
Advantages | Disadvantages |
Ideal for registering Mainland Companies without the need of renting a standalone office. | Not suitable for multiple users at the same time if they are associating with the same license. |
Cost Effective Option for Mainland renewals. | |
Grants members flexibility to work in a business environment if needed with potential of using the meeting rooms of the service provider. |
FIXED DESK (Dedicated Desk) | |
Advantages | Disadvantages |
A great & Cost Effective office solution for Mainland Setup. | The cost is higher than the Flexi Desk |
Provides an independent desk station with secured locked storage cabinet. | |
Allows daily usage without advanced bookings with the ability of using the meeting rooms and common facilities of the provider. |
Generate your revenue Projection
Both Flexi Desk and Fixed Desk will help you to generate revenue since both options can be rented on a monthly basis. When you plan things in an economic way, this will allow you to mitigate the risk and grow a healthy business for the long term.
Get motivated by others
Sometimes working from home doesn’t work! You need a work environment that inspires you to be more productive and grow your business. This will definitely create the difference and you will absolutely see the results.