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WoW NEWSLETTER

Victory Offices has again been featured in the Women of Whitehorse newsletter.

One of our latest blogs ‘Corporate Organisations and Flexible Office Spaces’ was printed in their most recent collection.

Corporate Organisations and Flexible Office Spaces

Coworking isn’t just for startups and remote workers anymore. The recent years have shown a rapid growth in the industry as organizations of all shapes and sizes have discovered coworking office space and it’s unique characteristics give enterprises customizable benefits and flexibility that traditional office space simply cannot provide.

The rapid evolution of coworking space – both in general and for large enterprises – the list of large corporations integrating flexible office space into its operations with teams working out of flexible workspace locations in various markets, is growing quickly. These five factors are driving the enormous shift towards flexible office spaces such as Victory Offices.

Business Dynamics

The fast pace of change on many industries in today’s marketplace change very quickly means businesses have to follow suit to keep pace with a dynamic customer base and field of competition. Product launches and impromptu sales or project teams produce the need for speed and agility to address new market trends efficiently and effectively. Given the complexities of a traditional office space agreement that requires time, effort, and resources, a flexible space option is often a better choice when flexibility and time are at a premium.

Organisation Footprint

Many large corporations have massive footprints extending over several regions, countries, or even continents. If an enterprise has its headquarters in one region Asia but a growing customer base in another, it can quickly open a new office using flex space to meet the demands of those new customers. With customer service being so vital in the modern marketplace, an enterprise can pivot quickly to an ever- changing customer base to meet expectations effectively, all while enjoying up to 40% lower costs than traditional space.

Accounting & Valuation Benefits

Due to the significant changes to lease accounting in recent years, large public – and now private –  corporations must now list leases of one year in duration or longer on their balance sheets as a liability. However, they can still use flexible office space with short-term agreements – less than a year – without negatively impacting the balance sheet, and, thus, making their valuations potentially more appealing to investors.

Commercial Real Estate Market

Large corporations tend to be particularly savvy at reading fluctuations in trends in the commercial real estate markets. If a local market is either nearing or at a peak, forward-looking enterprises will recognize that signing a traditional, longer-term agreement at the height of the market isn’t their financial best interests. Instead, a flexible office lease allows them to either enter or remain in that market and wait for price points to move away from their peaks.

Talent Acquisition & Retention

Large corporations use flexible office space when they want to find and maintain specialized talent, often for development, sales, creative, or any number of roles. Coworking environments provide enterprises with the flexibility needed to cater to the individual needs of critical talent rather than expecting people to uproot their lives and relocate for a new job.

COVID-19: VIC CIRCUIT BREAKER

As you may or may not be aware, Victoria has been placed in to a 7 day lockdown as of 11:59PM Thursday 27th May, with a potential risk of this being extended.

Please be rest assured that all our Victorian offices will remain open, except for the Victory Lounges. We will have minimal staff at each location and will be ensuring strenuous cleaning is carried out throughout the day.

Please note that in accordance with Government guidelines, masks must be worn indoors at all time.

VIC EVENTS MOVED ONLINE

Due to the latest lockdown, all Victorian events will be moved to online virtual events for the foreseeable future.

We apologise for any inconvenience this may cause, however everyone’s health is in our best interest.

A transition back to live in-person events will continue to evolve as the Government guidelines allow. 

As for everywhere else in Australia, it’s been so fantastic having the opportunity to come together, share everyone’s experience and ideas and heaps of networking fun with Edward Zia and his amazing motivational group of business connections.

We look forward to seeing you back on ZOOM!

UPCOMING EVENTS

Be sure to stay up to date with all of our upcoming events online.

We look forward to seeing you at one or more events from this exciting list!

August 2022
10 August 2022

A Networking Afternoon | 73 Northbourne

Victory offices is proud to host a special business networking afternoon with Edward Zia and friends ...

2:30 PM
Level 5, 73 Northbourne Avenue, Canberra ACT 2601
View Details
12 August 2022

Friday School Of Sales | Brad Tonini

Hi Trusted Advisors , 12th of August 2022 | Friday School of Sales, half day program at ...

7:30 AM - 11:30 AM
Tower 1, Ground Level, 1341 Dandenong Rd Chadstone, VIC 3148
View Details
12 August 2022

A Networking Afternoon | 333 Collins St

Victory offices is proud to host a special business networking afternoon with Edward Zia and friends ...

2:30 PM
Level 14, 333 Collins Street, Melbourne VIC 3000
View Details
19 August 2022

A Networking Afternoon | Fortitude Valley

Victory offices is proud to host a special business networking afternoon with Edward Zia and friends ...

2:30 PM - 4:30 PM
Level 10, 900 Ann Street, Fortitude Valley QLD 4006
View Details
26 August 2022

A Networking Afternoon | 2 The Esplanade

Victory offices is proud to host a special business networking afternoon with Edward Zia and friends ...

4:30 PM - 6:30 PM
Level 17, 2 The Esplanade, Perth
View Details
September 2022
14 September 2022

A Networking Afternoon | 73 Northbourne

Victory offices is proud to host a special business networking afternoon with Edward Zia and friends ...

2:30 PM
Level 5, 73 Northbourne Avenue, Canberra ACT 2601
View Details
16 September 2022

A Networking Afternoon | Fortitude Valley

Victory offices is proud to host a special business networking afternoon with Edward Zia and friends ...

2:30 PM - 4:30 PM
Level 10, 900 Ann Street, Fortitude Valley QLD 4006
View Details
23 September 2022

A Networking Afternoon | 2 The Esplanade

Victory offices is proud to host a special business networking afternoon with Edward Zia and friends ...

4:30 PM - 6:30 PM
Level 17, 2 The Esplanade, Perth
View Details
October 2022
12 October 2022

A Networking Afternoon | 73 Northbourne

Victory offices is proud to host a special business networking afternoon with Edward Zia and friends ...

2:30 PM
Level 5, 73 Northbourne Avenue, Canberra ACT 2601
View Details
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