In the New Normal, Coworking Spaces Will be Key to Business Success

Posted On:   |   Last Updated:   |   Posted in

JUNE 2020 New Normal Coworking Spaces – After more than two months of lockdown due to the pandemic crisis, the economy is starting to open up again. Business owners are wary on how they should to restart their business.

Schedule a visit at The Company Cebu IT Park and use the code TCCRachel

(Also Read: Reopening Business Guide for SMEs: Taxes, Loans, Rent, Loans)

It will never be back to normal–and this goes for business especially. Almost overnight, businesses will need to pivot and adapt to the circumstances brought about by the pandemic crisis.

‘Business as usual’ is no longer the feasible plan anymore.

It’s a fast race to change for businesses to stay relevant. Operations need to be agile and flexible; at the same time still ensure the employee’s welfare and profit margins. The business owner’s early decisions are crucial in determining whether a business is going to survive the pandemic crisis or not.

To paraphrase Darwin; evolve to survive.

How your Business can Pivot

Two urgent changes have to be addressed by the business: Rightsizing and Adapting to Technology.

Rightsizing means ensuring you have a lean and productive team.

Rather than pay someone for the hours spent sitting in a desk, an employee’s performance will have to be measured in output-based performance indicators.

This goes to the second point: adapting to technology. Since employee performance is going to be more heavily measured by output, businesses will need to set up remote work arrangements and policies. These measures will not only free up company cash, but also ensure distancing and health efforts as well.

New Normal: Coworking Space

Many companies are now seeking to do flexible work and remote work arrangements. Yet, many countries such as the Philippines still do not have the infrastructure in place.

In most Philippine households, internet connection is unreliable. Two or three generations living under one roof in many Philippine households. Work from home may not be the ideal solution for most.

During the new normal, coworking spaces will be key to business survival.

Schedule a visit at The Company Cebu IT Park and use the code TCCRachel

Benefits of transferring to coworking spaces

Transferring work in the new normal in a coworking space will free up headspace, so they can focus on their key business activities. Some of the benefits include:

  • Reduced Overhead. Rent is one of the biggest operational expense in many businesses. Liquidity is necessary for the coming months. Businesses may choose not to renew their existing leases and transfer some or all of their operations to a coworking space. This will free up company resources–and reduce the company overhead significantly.
  • Support Staff and Amenities. You don’t need to hire additional staff to provide support and admin work anymore. Support and admin is already in-house in coworking spaces; along with reliable high-speed internet, and full amenities with unlimited coffee or tea and conference rooms and call booths.
  • Health and Safety Precautions. IATF has required businesses to be health and safety officers to their employees and clients. Dizzying new protocols are required to be implemented; adding to the many tasks. In the new normal, coworking spaces ensure health and safety precautions up to standard; so business management won’t need to worry about this anymore. (We have some COVID19 Printable Templates here that you can print for yourself too!)
  • Synergies. Coworking spaces create opportunities and resident companies can collaborate on projects to leverage each other’s strengths.

…or you can set up a virtual office instead

One may opt for a virtual office instead of residing in a coworking space. This is ideal if the business does not require regular work or meetings. A virtual office arrangement provides an office address to the business or individual for business correspondence. One can rent conference rooms on a per-use basis. Virtual offices are typically good for aspiring entrepreneurs, starting lawyers, real estate agents, etc.

The Company Cebu: Schedule a Visit

Coworking spaces are now ready to open for business in the new normal–one such coworking space is The Company Cebu in IT Park, Cebu, Philippines.

You can schedule a visit by filling up the form at and do write the affiliate code TCCRachel if this blog post brought you there!

Schedule a visit at The Company Cebu IT Park and use the code TCCRachel

For more details on how your workforce can pivot in the new normal, go to Remote Work Toolbox: How-to Guide to Shift to Remote Work

It is best to consult with a lawyer to help draft the policies and changes in terms of legal, HR, finance and other policies. If you need help with legal advice or business consulting, maybe we can help you. Email us at  or connect with us through social media.


Rachel Arandilla is the blogger behind business blog Economerienda, a website dedicated to snackable content on business, law, and life.

Remote Worker’s Toolbox: 10 Tools Every Remote Employee Needs

June 13, 2020

Due to COVID-19, businesses have accelerated migration into remote work. As lockdown measures eased and the economy is starting to open up, some companies have seen the benefits of remote work and making a permanent change to move their operations online.


We are looking for Accounting Staff in Cebu City

June 3, 2020

One of our members is looking for an Accounting Staff in Cebu who can join their growing team, full time. Work experience is not required but knowledge and/or experience of any accounting software is an advantage. Fresh graduates are also welcome to apply.


The Future of Work

May 31, 2020

On COVID19 post-pandemic recovery, what is the role of co-working spaces and how will it affect the future of work in the Philippines and in particular, Cebu?


How We Are Moving Forward As a Co-working Space in Cebu

May 27, 2020

COVID19 has forced all of us to take a step back but now, it’s time to continue. Find out how we’re moving forward as a co-working space & office space provider in Cebu City.


The Importance of Flexible Workspaces to Companies Post-COVID19

May 16, 2020

Should companies in Cebu City & the rest of the world move towards getting flexible workspaces for their workforce? In the era of the new normal, the ease of flexibility, availability of both short-term and long-term leases, and relaxed working environments are now important factors one must consider before getting an office space.


Flexi Pass: The Most Flexible Plan in The Best Coworking Space in Cebu

May 7, 2020

Co-working spaces have long been considered as one of the most suitable spaces for startups, and small teams because it …


We are looking for Core Web Application Developers(with Incredible Incentive Rewards) in Cebu City

April 3, 2020

One of our members is looking for 2 Core Web Application Developers who have experience in using Blockchain Technology in providing innovative blockchain-based web applications developed with C++.


Meeting Rooms in Cebu City

April 3, 2020

Rent a meeting room by the hour for 600 pesos for presentations, interviews, client pitches or training for your company. …


Marketing Internship at The Company Cebu

November 13, 2019

We are looking for passionate, articulate & creative marketing interns to join our community crew for at least 6 months at The Company Cebu.


The Company: Co-working Space in Cebu with 24/7 Access Dedicated Desk

November 13, 2019

The Company Cebu is a co-working space in Cebu that has a variety of workspace options for different types of professionals and businesses. One feature that most freelancers appreciate is the Dedicated Desk. The Dedicated Desk membership gives members 24/7 access and a guaranteed seat at the co-working space.