3 Potential Pitfalls All Entrepreneurs In Singapore Should Look To Avoid

Entrepreneurship comes with many enjoyable benefits, with personal and professional freedom being but the tip of the iceberg. However, with the authority to personally manage work-life balance and autonomy to make business decisions that steer your company in your desired direction, come innate risks inherent to the aforementioned rewards. When not managed properly, these risks can potentially become pitfalls that topple even the most skilled entrepreneurs in Singapore.

While entrepreneurs in Singapore are — like any other business owners — subject to the usual market, financial, technological, and competitive risks, there are also potential managerial pitfalls that are unique to those running a startup. In conjunction with Entrepreneur Day, here are the three biggest potential pitfalls all entrepreneurs in Singapore should look to avoid:

1. Not Budgeting for Expenses

Budgeting is key for any business, but for startups, it is especially important as initial investments and unexpected costs can quickly add up. Failing to properly budget for these expenses can leave entrepreneurs in Singapore strapped for cash, forcing them to take on additional debt or equity investors.

To avoid this, it is crucial that entrepreneurs in Singapore take the time to sit down and map out all their potential business expenses. This includes one-time costs like key equipment purchases, as well as recurring monthly expenses such as employee salaries and office space rental. Once all of these costs have been accounted for, entrepreneurs can then create a realistic budget that will help them better manage their finances and avoid overspending.

Some ways entrepreneurs in Singapore can reduce recurring expenses include hiring freelancers and contractors instead of full-time employees. Renting a shared office in a coworking space is another great way to cut costs due to the flexible, short-term nature of membership plans. Having all office expenses covered also means no bill shocks from utilities or overuse of pantry appliances, and more affordable rentals mean you can still be strategically situated in the heart of Singapore’s CBD. Taking these two simple steps can help you cut costs significantly, at least in the early stages of business growth.

2. Spreading Yourself Too Thin

In the early days of a startup, it is not uncommon for entrepreneurs to wear many hats and take on numerous responsibilities. From handling sales and marketing to managing operations and finances, there are countless tasks to juggle when starting out. While this level of involvement may be necessary in the beginning, it is important that entrepreneurs in Singapore eventually delegate tasks and build a strong team of professionals to help support business growth.

Trying to do everything yourself can quickly lead to burnout, leaving you feeling overwhelmed and unable to focus on the most important aspects of your business. In order to avoid this, it is crucial that you recognise your own strengths and weaknesses, and then delegate tasks accordingly. For example, if you are not particularly adept at handling finances, it would make sense to hire an accountant or bookkeeper. Or, if you find marketing to be a challenge, working with a digital marketing agency could be a wise move.

The bottom line is this: As your startup grows, so too should your team. By building a strong foundation of skilled professionals, you can free up your own time to focus on aspects of your business that need your attention most.

JustCo takes this need for networking into careful consideration when designing our shared office spaces in and beyond Singapore’s CBD. Our coworking space at Marina Square, for example, features recreational facilities and event spaces where entrepreneurs from different lines of work can connect and collaborate with one another, as well as individual skilled professionals who rent a hot or dedicated desk as well.

3. Being Afraid to Ask for Help

There is a common misconception that entrepreneurs are lone wolves who must do everything their business needs unaided, but the truth is, even the most successful business people had to ask for help at some point. Whether seeking advice from a mentor, getting support from family and friends, or investing in professional services, there are many ways entrepreneurs in Singapore can get the assistance they need to grow their businesses.

Some ways to get started are by joining an entrepreneur group or renting a coworking space in Singapore. As mentioned above, these arrangements can provide valuable resources and networking opportunities that are extremely beneficial. Additionally, there are numerous government initiatives and schemes designed to support entrepreneurs and startups in Singapore, so be sure to take advantage of these if you are eligible.

Another way to get help is by simply reaching out to your existing personal and professional network. If you know someone who has started a successful business, do not be afraid to ask for advice. This is another area where entrepreneurs can gain from working in a JustCo coworking space. Being a JustCo member allows you to easily connect with others from our 100,000-strong community, providing you with ample opportunities to reach out to potential business partners, mentors, and more.

Of course, there will be times when you need more expert help than what your personal network can provide. In these cases, it is often necessary to invest in professional services, whether that means hiring a consultant or working with an agency. While this will undoubtedly require an investment of time and money, it can be well worth it if it means getting the expertise and support you need to take your business to the next level.

Grow Your Startup with JustCo’s Coworking Spaces

With plenty of locations in and beyond Singapore’s CBD, JustCo provides entrepreneurs in Singapore with not just affordable shared office arrangements, but also all the unique benefits that come with running a startup from a dedicated coworking space. With close to 50 different shared office spaces spread across the region, JustCo is also able to provide the flexibility all entrepreneurs inherently seek.

Find your ideal coworking space with JustCo, and start prepping your startup for swift business growth and long-term success. Get in touch with us at webenquiry@justcoglobal.com to request for free trials or special rates today.

How Flexible Workspaces In Singapore Build Office Culture

Collaboration is key to success in any field, but it can be difficult to find the right environment to encourage it. Traditional office spaces can be stifling and uninspiring, while working from home can be isolating. Coworking spaces offer a happy medium, providing a shared work environment that is both stimulating and supportive.

Over the past decade, these flexible workspaces have become an increasingly popular option for businesses of all sizes in Singapore. And it’s no wonder why. They offer a variety of advantages, from flexible membership plans to fuss-free hourly meeting room rentals. But perhaps one of the most valuable benefits of coworking spaces is the potential to expand both the workers’ and company’s professional network and build a strong office culture. t

In a traditional office setting, this is often limited to a small circle of immediate colleagues. But, there are plenty of opportunities for professional and social interaction in flexible workspaces like JustCo Singapore that are designed to promote collaboration with open floor plans and comfortable common areas.

1. Variety of common areas for discussions

As mentioned above, coworking spaces offer a variety of common areas that can be used for collaboration and networking. JustCo Singapore’s flexible workspaces have on-demand meeting rooms that can be reserved for presentations or team meetings with fellow colleagues. Meanwhile, the lounge and breakout areas with comfortable, high-quality ergonomic furniture are perfect for informal discussions or impromptu brainstorming sessions.

And of course, pantry areas are also available for members to take breaks, chat with each other, or even strike up a conversation with someone new in a relaxed setting. This gives workers access to a wider range of ideas and perspectives, which can help to spur innovation and build a stronger office culture within your own company.

2. Many social events for interactions

Other than providing various collaborative spaces, flexible workspaces like JustCo Singapore often host events like networking meetups and workshops to bring together over 100,000 employees from a variety of businesses across the Asia-Pacific region.

These social events at the coworking spaces can create a fertile ground for networking and knowledge sharing. Business owners have new opportunities to forge valuable connections with people from a wide range of industries, learn new skills, and be exposed to potential new clients and partners.

3. Opportunity to work alongside various types of businesses

In today’s business world, it’s all about who you know. Having a strong network of contacts is essential for finding new clients, hiring top talent, and closing deals. This is perfect as flexible coworking spaces like JustCo Singapore are typically located in busy urban areas, offering a prime opportunity to rub elbows, meet, and collaborate with movers and shakers from all different industries.

Even better, JustCo Singapore’s members also have access to over 40 global locations in the Asia-Pacific region. By working side-by-side with other businesses, companies can also share resources and have access to a larger pool of talent, which can be helpful when business owners are looking to hire new employees.

Build A Positive Office Culture At JustCo Singapore’s Flexible Workspaces

At its heart, coworking is all about building community. By bringing together like-minded individuals who share a common workspace, flexible workspaces help build a positive office culture through networking and collaboration, which can be an invaluable resource for businesses in Singapore.

Embrace the collaborative coworking model at JustCo Singapore. With 18 centres all around Singapore, including 14 in the CBD and 4 in East and West regions, we have coworking centres in premium locations across the island that are located nearby main transportation networks for the greatest convenience. We also provide on-demand collaborative spaces, such as hourly meeting room rental for those who simply need a temporary space for presentations and discussions. If you’re interested in learning more about JustCo’s conference and meeting room rental in Singapore, please call +65 6911 8891 or message us online.

Workspace Design Trends in 2023

 

Workspace Design and Trends in 2023:

3 Office Design Themes To Look Forward To In The Coming Year

As 2022 comes to a close, hybrid work has gone from cautious experiment to a matter of fact. Covid-19 forced flexible work arrangements on almost everyone, and the impact has been deeply and widely felt.

48% of all companies worldwide now have distributed workforces, compared to 30% pre-pandemic, Statista reported. Meanwhile, the Institute of Policy Studies found almost half of all employees want flexible work arrangements to be the new norm in Singapore.

The lifting of Covid-19 restrictions has seen the office re-emerge as the locus of work for many organisations again. However, its role has been permanently disrupted by the pandemic.

In Microsoft’s survey of 31,000 people across 31 countries, over a third (38%) of hybrid employees reported their biggest challenge is not knowing when and why to come into the office.

The brief for business leaders managing a hybrid workforce is, therefore, clear: define the purpose of in-person collaboration, create team agreements on when to come together face-to-face, define hybrid meeting etiquette, and re-think the role of space in supporting the new models of collaboration.

Colourful discussion pods

Colourful discussion pods form a meeting neighbourhood at the JustCo centre at The Centrepoint,

 

Towards More Human-centric Office Design

Sylvia Bay, JustCo’s Vice President and Senior Director (Design), Workspace, believes that a human-centric design of the office space is critical to drawing people back to the office again.

We’re asking people to come into offices, but why should they if the office doesn’t support how they work and connect? We need workspaces to be flexible enough to cover a range of individual and team modes for every employee.

Be it quiet zones for focused work, collaboration areas that enhance discussion and participation, or a social nexus for building social capital, so much of the work we do at the office today isn’t solo – it requires working with others. As such, we’re designing workspaces that reflect an understanding of how people work today and tomorrow.

Nearby Lumpini Park frames a couple of neighbourhoods for discussions and relaxation at the JustCo centre at Silom Edge

“So much of the work we do at the office today isn’t solo, it requires working with others.
We’re designing workspaces that reflect an understanding of how people work today and tomorrow.”

– Sylvia Bay, Vice President and Senior Director (Design) of Workspace, JustCo Global

Office design trends in Singapore, and the world are constantly evolving. Thanks to new aesthetics, ways of working, as well as research,  there is always a fresh take on designs of the commercial workspace. So what are some of the innovations in workspace design that we can look forward to in 2023? 

Here are three office designs we think you should keep a lookout for:

 

The Hotelification of the Work Place

Colleagues enjoying coffee in the office

The JustCo centre at 447 Collins St brings luxurious cafe fittings to its office pantries

As a consequence of pandemic-induced Work From Home, many employees not only developed a taste for working in comfortable and non-sterile environments, they also began to value health and wellbeing over work.

Highly sought-after talent are making deliberate choices to step into the office; therefore their workspace needs to be designed as a destination that conveys  warmth and hospitality.

You can also expect to see an increasing number of companies invest in amenities that create warm, welcoming environments by drawing inspiration from bars, cafes, hotels, homes, and even spas.

Going beyond soothing colour palettes and visual cues, hotelified offices will also incorporate scents and sounds to stimulate a range of moods and feelings across different office settings – from vibrance and upbeat energy in the collaboration spaces, to calm and focus in the quiet zones.

Sleep pods in an office

The JustCo centre at The Centrepoint has a nap room where members can recharge in the middle of long shifts

But workplace designers aren’t simply theming these spaces – it’s  also about animating them. By programming spaces with curated hospitality experiences, companies can take on a more active role in looking after the well-being of both employees and guests.

Imagine this: a meditation suite where clients and employees can go to recharge themselves in between meetings, under expert guided meditation. Or perhaps stepping into a café-styled desk lounge with a barista preparing your aromatic and robust cup of coffee, just the way you like it.

Women chatting in a coworking space

In fact, JustCo already offers these elevated experiences for members. The JustCo centre at 15 William Street in Melbourne has a full-fledged café where members can enjoy the sounds and aroma of freshly-roasted beans transforming into their special brew while they enjoy beautiful skyline views across the city and Yarra river.

“Rice Sommelier” Kubota-san lovingly prepares Omusubi rice balls for members at the centre at Shibuya

Meanwhile, the JustCo centres in Tokyo practice JustGohan breakfasts, where a renowned “rice sommelier” serves nutritionally-rich and heartful Omusubi (traditional Japanese rice balls) to busy members who frequently skip meals.

 

Biophilic Design

Wooden desk in office

The beautiful grain on the desks at JustCo’s centre at UIC Building offer a lovely natural accent in the office

 

Interest is also growing in biophilic design to foster physiological, psychological, and cognitive benefits in the office. Psychoanalyst Erich Fromm coined the term “Biophilia” around the idea that humans are genetically coded to thrive in natural settings because they evolved in nature and, therefore, should occupy spaces that have direct and indirect connections to the natural world.

For example, it has been widely reported that employees who work in offices with access to natural light sleep an average of 46 minutes longer than those who work without natural lighting.

Biophilic strategies have already infused hospitality and home aesthetics, and workplace planners have also begun to incorporate natural light, ventilation, materials, flora, and fauna into office designs. Sylvia points out, “Especially following the pandemic, organisations are bringing nature into their internal spaces, as they recognise this offers opportunities to improve occupants’ health and well-being and provide respite from the density of the urban environment. We turned to biophilic design principles as our centres evolved over time in the past few years. We want to create the most desirable working environments filled with nature-inspired spaces that bring our members into the centre and help them engage with each other and their surroundings.”

Live plants help to build a sense of nature at a productivity pod at the JustCo centre at GranTokyo South Tower

The new JustCo centre at International Plaza is a good example of biophilia in the workplace. Designed as a green oasis within Singapore’s high-dense CBD, live plants flourish all across 50,000 square feet of space, providing a welcome relief to the sterile urban environment outside. A giant Dieffenbachia tree greets members and guests at the reception area, inviting them to step into the lush tropical garden within.

Designers even introduced a native green moss Reindeer Moss (Cladonia Rangiferina), into the landscaping to enhance the connection with nature. An upshot of all this greenery is the natural filtration of carbon dioxide for the 180 studios at the centre.

 

Check out the biophilic elements at International Plaza!

Book A Tour to the centre here


Micro Spaces and Neighbourhoods

Phone booth with discussion areas

Another trend set to take over 2023 is the rise of Micro Spaces. Open floor plans have diminished in appeal, especially over the pandemic. In their place, a design consciousness aimed at prioritising individual flexibility and privacy in the workspace has gained ground, fuelled in part by the surge of  the popularity of co-working..

When designing for micro spaces, separate zones for focused work, collaboration and recreation are clearly distinct and with boundaries in place. . The use of hot desks and other flexible furniture is used to help reduce the reliance on fixed workstations, and therefore open up room to organise more areas imaginatively around “neighbourhoods”.

These “neighbourhoods” might be set up in a conventional organisation around job roles and departments. In this example, a self-contained Marketing neighbourhood would include a few hot desks surrounding a whiteboard for brainstorming and visualisation. A focus area as well as phone booths would be within easy reach.

Since many tech companies are now organised around “tribes” of cross-functional mini-teams, neighbourhoods can help to cluster them together for stronger face-to-face collaboration while maintaining their access to other shared amenities.

The chief benefit of micro spaces is the lowering of desk density. As dedicated workstations are removed from the office plan, the “sea of desks” is optically transformed into oases of productivity.

Sylvia adds: “Micro spaces and neighbourhoods are seamless working environments that look great on the eye. They promote collaboration among employees while simultaneously accommodating their unique work styles.

Not only do they foster productivity, but they also improve the well-being of individuals. A hotelified office with well-planned neighbourhoods is a great advertisement for some of the  brightest talents today.”

Watch These Office Designs Come To Life At JustCo

The office promises to feel more comfortable and natural in the coming year, with planners paying close attention to individual work styles and personal wellbeing.

For a glimpse of how these work trends and office designs might transform your workspacebook a tour at your preferred JustCo location in your city today.

A hotelified office with well-planned neighbourhoods is a great advertisement for the best and brightest talent today.”

– Sylvia Bay, Vice President and Senior Director (Design) of Workspace, JustCo Global

Book A Tour to any of our centre here

Conference Room Rental: Where to hold meetings in Singapore?

Trying to find the perfect space in Singapore to hold your next meeting?  Whether you’re looking for a large venue or something more intimate, there are plenty of options to fit your needs, with each offering its own advantages and disadvantages.

We share with you five options for meeting rooms in Singapore to help you impress your clients and grow your business without the need to buy or rent an expensive office in the CBD.

1. Home Offices

Home offices are typically more intimate and relaxed than traditional meeting rooms in Singapore, which can help to put participants at ease and encourage open communication. With proper audio and video systems in place, home offices can also be used for virtual meetings.

However, it may not be the best place to physically bring clients for a meeting, especially if you’re living with other family members. If you absolutely must meet your clients at home, ensure you’ve got a dedicated home office area to do so. Set it up and keep it as professional as possible, such as adding proper tables and chairs.

2. Cafes

If it’s not an ultra-formal meeting, a cafe in Singapore can offer a nice little slice of semi-privacy in a more relaxed setting. Some places even come with the added bonus of free Wi-Fi so you can share updates and presentations directly using your laptop or tablet. There is, of course, also the luxury of being able to drink cafe-tier coffee while conducting the meeting as well.

3. Public Libraries

Sometimes, it’s important to have a higher level of privacy than what a cafe can provide. Singapore has many public libraries that you can arrange to rent a meeting room for a small fee if it’s available. The easiest way is to simply visit the National Library Board (NLB)’s website to check if there are any meeting rooms available for rental. There are many public libraries scattered across the city, so there is a good chance you’ll find one at a location that suits you.

4. Hotels 

Many hotels in Singapore also provide conference rooms to businesses that are hosting important meetings or events with lots of clients and/or staff in attendance. These spaces typically have more capacity to hold a larger number of people. As you’re using their facilities, renting a conference room from a hotel does come at a higher cost than the above options. Be sure to shop around to find a reasonably-priced conference room that aligns with your needs and budget.

5. JustCo Meeting Rooms

Don’t feel like being restricted to the availability and timings of the cafes’, hotels’, and libraries’ meeting rooms? Skip the legwork and opt for access to JustCo Singapore’s 24-hour meeting rooms.

Enjoy the convenience with 18 different locations across the city– 14 coworking spaces can be found in the CBD while the other four coworking spaces can be found in the East and West areas. They are also minutes away from main transport nodes, so it’s simply a breeze to travel to any meeting room. Even better, high-speed internet, video-conferencing equipment, and whiteboards are also available for any sort of business events and meetings. Our venues are conducive and suitable for hosting external clients and guests.

In addition to offering an extensive collection of conference and meeting rooms in premium business locations, JustCo Singapore also makes coworking in the CBD simple. Whether you’re after a shared office in Tanjong Pagar, MacDonald House at Orchard RoadTampines Asia Green, or another iconic Singapore location, we are sure to have a centre nearby.

If you’re interested in learning more about JustCo conference and meeting room rental in Singapore, please call +65 6911 8891 or message us online.

A Closer Look At JustCo’s MacDonald House Coworking Space

Flexible working is no longer a pipe dream; it has fast become the new norm for the vast majority of us. This doesn’t just start and stop with the individual employee. Instead, Work From Anywhere has become the new way forward for everyone from sole traders to large companies with numerous staff as well.

Whether you’re seeking a single hot desk for convenience, modern coworking space that offers a space that’s accessible 24/7, an entire floor that’s fully customisable and features your company’s branding, or something in between, the JustCo MacDonald House shared office in Orchard Road has you covered.

Where Modernity Meets Heritage

MacDonald House is the perfect combination of modern and historical. While the coworking space you’re presented with is superbly styled in modern design aesthetics to promote an effective mindset for you and your staff, the building itself was in fact gazetted as a national monument in 2003.

The eclectic mix of old and new world make this Singapore shared office a truly unique and extraordinary location for anyone interested in short- or long-term coworking space memberships. Coworking in Orchard Road has truly never looked this good.

JustCo Singapore’s innovative hot desk and shared office setting provides all of the amenities necessary to ensure your days are as productive as possible too. Take advantage and make use of the well-furnished meeting rooms and private lockers for storage.

You have the choice of three membership plans, each with its own specialities.

  • Desk: Suitable for one person looking for a hot desk which provides 24/7 access to shared amenities and unlimited usage throughout the month.
  • Standard office: This mid-tier membership package is ideal for between two and twenty individuals. It enables you to determine the layout, with a lockable office space that offers unlimited 24/7 access and personal branding opportunities with shared amenities.
  • Enterprise suite: If you have more than twenty staff, this private and customisable office space is the perfect solution. You can choose its layout, access it 24/7, and even include a private meeting room, waiting area, and more. Our MacDonald House enterprise suite occupies the entire floor which can house up to 150 individuals, and you’ll get to enjoy your own dry pantry and direct access to the washroom too!

At The Heart of Singapore

Orchard Road is a world-renowned feature of Singapore and MacDonald House boasts a location right at its centre. The iconic heritage-listed building with its red façade that is home to JustCo Singapore’s coworking space is impossible to miss and is a very well-known landmark in its own right.

On top of being positioned on one of the most famous roads on the planet, MacDonald House is right above Dhoby Ghaut MRT, just a one-minute walk to Plaza Singapura, and five minutes’ walk from Fort Canning Park.

Not only is it easy to get to the location, it is also simply a stone’s throw away from various food and drinks stores, exciting shopping malls, and truly beautiful scenery whenever you need a break from work.

Sign Up For A Coworking Space At MacDonald House With JustCo Singapore

Interested in signing up for a Singapore shared office membership with JustCo Singapore? From a single hot desk to large private offices and enterprise suites featuring your company’s branding, we are here to help you secure the perfect coworking space to suit your needs.

So, take the next step towards your fantastic new office space in the iconic MacDonald House building and contact our team today at +65 6911 8891. You can also send us an online enquiry and we’ll be in touch with a reply shortly.

How to pick the right coworking space in Singapore?

Businesses have increasingly recognised the benefits of coworking spaces, with a flexible work model offering companies a budget-friendly solution that elevates productivity and convenience. But how do you find a shared office rental in Singapore that helps your team achieve peak performance? 

With the work-from-anywhere revolution taking hold across Singapore, you must carefully consider how a coworking space’s location and amenities support your employees. Plus, you need to make sure everything makes sense for your budget. Here, we explore everything you need to consider when searching for the perfect coworking space.

1. Consider your budget

Your budget defines the features you can expect in a coworking space. Naturally, you’ll need to consider the number of desks your employees need as well as whether you’re planning to expand in the near future. However, modern coworking spaces also come with a host of other advantages – like recreational facilities and bookable meeting rooms –  that help your team work to the highest standard. 

JustCo Singapore offers three membership plans, such as individual desks and office suites catering to more than 20 employees. We also tailor packages that combine ​​hot desks and private office rental to provide exceptional flexibility. Office expenses are included within your membership fee, so all you have to decide is the number of employees who will be using the coworking environment. Coworking for businesses with up to 30 employees is 60–70% more cost-effective than the traditional office models. If you run a smaller team of less than 12 members, you can potentially save up to $2,700 a month on operating costs.

2. Evaluate the location

Identify a location surrounded by public transport hubs and arterial roads to provide your workers with exceptional work-life balance. Meanwhile, consider access to food, entertainment, and services that your team relies upon.

With JustCo offering 18 high-end coworking spaces in Singapore’s CBD and regional commercial hubs, finding the ideal spot to situate your team has never been easier. Many of these premium business locations also include recreational facilities and spacious event spaces, meaning JustCo can support your team even outside of their immediate day-to-day tasks.Employees can choose to  hot desk at any other JustCo centre of their choice and convenience depending on their work schedule.

3. Look at the amenities offered

Researching a coworking space’s amenities is crucial whether you’re an individual wanting a hot desk or a company seeking private office space. At JustCo Singapore, our members receive super-fast internet access, mail handling services, 24/7 security, a well-stocked pantry, and more. 

Yet many of our individual locations offer amenities that take things to the next level. For example, our recreational facilities will help your team catch their breaths and refocus during a challenging sprint, with specially designed chill-out ones, ping-pong tables, and even basketball machines. 

We’re also looking into enhancing our members’ everyday coworking experience through additional pantry supplies– carefully sourced premium coffee as well as snacks like nuts and chocolates. There is also a recent collaboration with a local heritage tea brand, The 1872 Clipper Tea Co, to provide high quality tea selections to all JustCo members.

You can also encourage your workers to adopt a healthy lifestyle as many coworking spaces feature in-building bicycle storage, showers, and storage lockers. Alongside dedicated meeting rooms that enhance collaboration, your team’s performance will reach new heights.

4. Read reviews

When choosing a coworking space, gather a range of opinions to make your final decision. With shared and private office rentals in Singapore attracting a wide range of professionals, it’s possible to get a comprehensive view of a space just by examining these anecdotal accounts.

So, what should you pay attention to? Look for opinions on the reception staff, as these people keep the space operating seamlessly. Meanwhile, reviews and testimonials that detail cleanliness, noise, amenities, and recreational facilities ensure you make an informed decision.

5. Check out the coworking space in person

If the reviews of a particular coworking space sound great, the last thing to do is check it out in person. JustCo Singapore is more than happy to take you on a tour of your preferred location, ensuring you gain incredible insights into the space and its amenities.

This is also the ideal way to experience the welcoming vibe of our coworking spaces. As you roam the offices, you’ll notice how other companies are making the most of the recreational areas, enjoying the pantry, and using the meeting rooms to their advantage.

Find the perfect JustCo coworking space

The future of work is here to stay! At JustCo Singapore, everyone from budding entrepreneurs to global business leaders can give their companies the resources they need to succeed. 

With over 100,000 members experiencing the benefits of JustCo worldwide, find out for yourself by signing up for a free trial at your ideal Singapore coworking space. Contact us to learn more!

Decentralised Workforce: Changing Traditional Office Spaces

Today, businesses no longer need to operate from a single location. Instead, technological innovations have given rise to a decentralised workforce model where employees can work from numerous sites, including their private homes and coworking spaces. With this change in approach making work more flexible and convenient, businesses and their employees are increasingly realising the benefits

The pandemic has driven many businesses to adopt a fully work-from-home model, but changing restrictions around COVID-19 are seeing companies apply their learnings to a decentralised philosophy. With the 2021 EY Work Reimagined Employee Survey finding that 70% of Southeast Asian workers believe a hybrid approach has increased their company’s productivity and creativity, this might just be your best way forward.

What is a decentralised workforce?

As you might expect, a decentralised workforce moves away from a traditional business structure that sees employees work from a primary location. While some companies had already adopted this method before the pandemic, the swift acceptance of video conferencing tools and cloud-based services helped foster widespread interest in flexible working arrangements.

Now, autonomous and semi-autonomous teams can work from home and virtual offices rather than spending crucial hours of the day travelling to and from the office. However, the decentralised workforce model doesn’t totally remove human interaction from the equation. You might simply have your team work from their nearest coworking space, slashing their commute times and elevating their work-life balance.

A decentralised workforce isn’t just about location. It also changes the traditional management hierarchy, as managers overseeing smaller, more localised teams wield increased decision-making power than in traditional top-down workplaces. Supported by a flatter corporate structure, a decentralised workforce can communicate more effectively while executing tasks with greater agility.

How has decentralised work changed traditional office space?

As countless companies emerge from the pandemic, finding a model that serves business needs and keeps employees happy is essential. So, what is the solution? The hybrid model is proving a success for many organisations, as it gives workers the freedom to work where they feel most comfortable. Some team members are definitely keen to return to the office; others equally prefer working remotely. A hybrid model delivers on both these needs.

JustCo Singapore is helping modern businesses make this approach a reality with 18 coworking spaces and virtual offices across the island, from Tampines in the East to Jurong in the West. This vast network ensures your team has a flexible space near them, meaning those who want to work from an office-like environment never have to travel far. 

Depending on the needs of your business, a decentralised approach can mean renting a handful of hot desks or fully-fledged private office space. For example, our hot desks are great for individuals who want the flexibility of working at any JustCo location of their choice or convenience. Meanwhile, our private offices can help smaller unit teams congregate in a decentralised location. A shorter-term contract coupled with move-in ready facilities allow them to immediately pivot towards this working style. With our virtual spaces featuring tech-enabled meeting rooms, kitchen facilities, recreational areas, event spaces, and more, your business doesn’t have to make sacrifices when switching to a decentralised workforce

As over 50% of Singaporean workers say they would consider quitting a job that demands they return to the office full-time, keeping up with the times is imperative to your success. While this shift is bound to increase employee happiness, it also ‌reduces business costs, as traditional office leases increasingly become a thing of the past.

Enable a Decentralised Workforce With JustCo Singapore

As employees increasingly desire a decentralised approach from their employers, supporting their needs with a superior coworking space is the best move for your future. JustCo has working spaces and virtual offices in the East, West, and throughout the CBD of Singapore, ensuring your team has a location near them that enables their day-to-day activities. 

Ready to find out more about our membership plans? You can book a free trial at your preferred JustCo Singapore space to experience how it meets the needs of your workforce. With over 100,000 members trusting JustCo around the globe, our working spaces and virtual offices in Singapore are bound to impress. Get in touch with us to learn more.

The JustCo Story

JustCo to me is more than an exciting job; it is a business that my husband Wan Sing KONG founded, and I am blessed to have been involved in his entrepreneurial journey right from the start.  Prior to joining JustCo, I was working at Proctor & Gamble. In 2011, I moved from my much-loved American life and embarked on this journey with Wan Sing in Singapore.

Like many start-up stories, the initial years were marked by a lot of dreams and doubts, ups and downs, exciting and exhausting moments. During the early years of JustCo, we knew that the entrepreneurial journey would not be easy and we did face many obstacles – but the sense of fulfilment was something I would not find elsewhere. JustCo makes my life even fuller and more interesting every day.

My role in JustCo is to foster a community of talented and like-minded individuals and businesses where members can tap into to seek new connections and explore business opportunities through engagement activities like specially-curated professional and social events. Our members get to fully experience the benefits and network effects within JustCo’s large community of more than 17,000 members. This is not different from the atmosphere I fell in love with when at Columbia Business School, where students collaborated to complete projects, and tapped on each other’s expertise to learn and grow.

At JustCo, we offer people a range of options; they can work and socialise in either their own offices or hot-desks in the common area, either behind their computer screens or while using our shared facilities like ping-pong tables, foosball, arcade games, and swings (yes, like the ones you see in a park). They make friends, network with industry peers, attend thought-provoking events, gain advice from a host of senior business figures, or learn to pitch their business ideas. Every day, the community grows, expands and new connections are created; with kudos also to our Community Team – made up of passionate individuals who work closely with our members and understand the needs. I had never dreamed that I could have so much fun (and yes, sometime stress too) at work.

Thinking back, I am very grateful with how everything came together. I’ve not only been part of building a business, but more importantly, I get to nurture start-ups, support freelancers, and help many large organizations change the way they work and grow.

Over the years, JustCo has achieved great milestones, building the name to be recognised as one of Asia’s leading premium flexible workspace providers. We now have presence across Asia, including key cities like China, Singapore, Thailand, Indonesia, South Korea, Australia, Taiwan, and more to come.

I had never dreamed that I would be doing this with the most important person in my life, my husband, or ever thought that our personal and professional lives would be so intertwined. Every day I feel truly blessed, to continue to grow as a person and a leader in a business where there is so much passion, support and collaboration. I look forward to welcoming and meeting you in the JustCo community.

 

Lu Liu

Work From Home (WFH) & Coworking: Striking a Perfect Balance

Given the high vaccination rates and stable number of COVID-19 cases, life is slowly returning to normal, compared to two years ago where we had to undergo massive social distancing and lifestyle changes to cope with the pandemic.

However, not every aspect of our life is reverting to pre-pandemic ways. Groups like the Singapore National Employees Federation have encouraged firms to maintain hybrid working set-ups for their employees instead of reverting to pre-pandemic arrangements, and more employees are choosing to embrace flexibility to manage a healthy work-life balance. Increasingly, the way we work has fundamentally changed – and for the better.

How do work from home and coworking differ from one another?

Working from home (WFH) and coworking have a lot in common, especially when compared to full-time office arrangements, but they are undoubtedly distinct.

WFH involves a full-time or set-day arrangement typically in one’s home that is away from the office. Work is done remotely with the help of communication technologies.

Meanwhile, coworking spaces are shared work environments for freelancers, independent contractors, businesses, or any individuals who require a workspace. Equipped with office amenities like desks, chairs, and teleconference devices, they provide a designated space for employees to to network and collaborate with others in their field either physically or through digital devices.

Benefits of each type of work arrangement

For many individuals, WFH offers a number of benefits, including a flexible schedule, the ability to work in comfortable surroundings, and the elimination of commute time. However, WFH does lead to social isolation as well as difficulties in communicating and collaborating with colleagues.

This is where coworking spaces come in to fill a crucial gap and offer a fantastic middle ground. They offer a variety of benefits that appeal to today’s workers. No longer do businesses have to lease their own office or sign a long-term lease. Instead, individuals can simply purchase a membership to a coworking space and have access to all the amenities they need, allowing individuals and companies a flexible and affordable way to have a professional work space. Coworking spaces also foster a sense of community and collaboration. Working alongside other professionals can help spark new ideas and provide motivation.

Globally, 68% of survey respondents said hybrid is their preferred work environment. Those who could engage in a blend of office and home hours were also the most content overall with their work-life balance, according to a research in Australia.

Flexibility is key here, and coworking spaces allow that flexibility to thrive. Many coworking spaces like JustCo Singapore offer hot desks, private rooms and offices as well as enterprise suites for members to work by themselves or together with colleagues. Everyone has access to shared services such as internet, mail handling, pantry, break-out spaces, lockers, recreational facilities, printing, and state-of-the-art ergonomic furniture. This makes working from a coworking space not only financially more tenable, but also extraordinarily comfortable and convenient for all parties involved.

Event spaces and meeting rooms are also available for rent to the general public for use.

Make the switch to coworking with JustCo

JustCo Singapore offers some of the best coworking facilities in this bustling metropolitan city and access to a business network of 100,000 members. With 18 centres island-wide and over 40 locations across the Asia-Pacific, our coworking spaces allow individuals to truly work from anywhere.

Choose from five coworking solutions from packages that are tailored to your needs, including Virtual Office, Desk, Standard Office, and Enterprise Suite. They offer everything from a mailing address and a desk one day per month to full access to more than 20 persons as many days per week as you like. Get in touch with JustCo Singapore to find out how you can make your coworking dreams a reality today!

Do entrepreneurs & solopreneurs need an office in Singapore?

Entrepreneurs and solopreneurs have it tough in Singapore. The early stages of any business are marked by having very few staff members, very little access to capital and time. Getting off the ground can be difficult and overhead costs like renting traditional office spaces can present extraordinary challenges.

Fortunately, there’s an alternative – coworking spaces. Other than enterprises and multinational companies, more entrepreneurs and solopreneurs are readily embracing them as they offer a host of game-changing facilities, such as virtual office addresses, work booths, and flexible meeting rooms, revolutionising the start-up scene.

Benefits of having an office in Singapore 

Having an office makes life far easier for entrepreneurs and solopreneurs on many fronts. Being able to rent out office spaces for the days that your business requires, rather than as a permanent, full-time fixture, allows you to greatly save on costs.

Your start-up can also benefit from being able to host work meetings, Zoom calls, and events at a work-oriented location, which takes your image of professionalism to a whole new level.

Even better, coworking spaces allow business owners to have a plethora of networking opportunities. This knowledge-sharing invites future collaboration, making it an excellent way to grow your business from day one. In fact, individuals thrive in coworking spaces as they feel far more connected to their colleagues and productive in their work.

Factors that affect whether you need an office space

Deciding whether or not you need an office space can be a tough decision for any business owner. Whether or not you need an office space will depend on a few primary factors.

1. Budget

From the outset, the size of your budget will determine a great deal. Renting or leasing a long-term office space can be expensive, so you will need to carefully consider whether or not you can afford it. Cash flow is tight as most entrepreneurs and solopreneurs generally invest most of their funds into general overhead and administrative costs, so having a full-time office may not be financially feasible. Despite this, many entrepreneurs and solopreneurs will still require the equipment and supplies that office spaces provide. This is where flexible office options like virtual office addresses and rentable work booths become viable alternatives.

2. Size of company

Another factor to consider is the size of your business. If you have a small business with only a few employees, you may be able to get by without an office space. However, if your business is larger or is growing rapidly, you will likely need an office space in order to accommodate your needs.

3. Nature of business

The last factor is the nature of your business. For some businesses, a virtual office address and office space are also essential in order to maintain a professional image. If you have a business that requires frequent customer interaction or face-to-face meetings with clients, you will probably need an office space in order to meet them. If your business can be conducted primarily online, you may not need an office space.

Ultimately, there is no right or wrong answer when it comes to leasing an office space; it simply depends on the individual needs of your business.

Take your startup to the next level with JustCo

At JustCo Singapore, we understand the pressure that entrepreneurs and solopreneurs face everyday when it comes to running your own business. That’s why we’ve created a range of flexible coworking spaces to suit the needs of you and your team. You can register your business in one of 17 premium locations across Singapore, with access to private virtual offices, work booths, enterprise suites, event spaces, and traditional coworking facilities, like internet, mail handling, pantry, virtual office address, lockers, printers, and recreational facilities. Tailor your membership to grow alongside your business, from basic offerings like hot desks and private offices, to fully customised suites for bigger setups, all within a coworking workspace.

What’s more, you’ll be able to make the most of a business community of over 100,000 members across the Asia-Pacific, giving you unmatched networking opportunities on an international scale. Get in touch today and take your entrepreneur or solopreneur journey  in Singapore to the next level!