How a Bay Street Address, Live Receptionist, and On-Demand Office Access Can Transform Your Business — Without the Overhead of a Full-Time Lease
You have built something real. A practice, a consultancy, a growing firm. Clients are coming in. Revenue is climbing. But your “office” is still a home address on your business card, a kitchen table on your video calls, and a coffee shop when you need to meet someone in person.
You know this setup is limiting you — in client perception, in professional credibility, and in the deals you’re not winning because something feels just slightly off. The problem isn’t your work. It’s the infrastructure around it.
A virtual office in Toronto’s Financial Core may be the highest-ROI investment you make this year.
What Is a Virtual Office, and Why Does It Matter More Than Ever in 2026?
A virtual office is a service package that gives your business a prestigious physical address, professional telephone handling, and access to real office and meeting room space — without the cost or commitment of leasing full-time square footage.
Think of it as renting the professional presence of a world-class office, rather than the office itself.
In practical terms, a quality virtual office in Toronto typically includes:
A prestigious Bay Street or Financial Core mailing address on all your business materials
A dedicated local phone number answered live by trained reception staff in your company name
Mail and courier handling, with forwarding or pickup options
Access to professional meeting rooms and private offices on a bookable, as-needed basis
A business lounge for focused work or client drop-ins
Optional add-ons including call screening, voicemail transcription, and administrative support
The concept has existed for decades, but its relevance has never been higher. As hybrid and remote work become permanent features of the professional landscape, the old binary — either you have an expensive downtown office or you work from home — has broken down entirely. Virtual offices occupy the intelligent middle ground: maximum professional credibility at a fraction of the cost.
According to a 2025 survey by the International Workplace Group, over 60% of professionals now work from locations other than a traditional office at least part of the week. Yet client expectations for professional infrastructure have not diminished. Companies that can project a premium brand — responsive reception, a recognized address, polished meeting environments — gain a tangible edge over competitors who look like they are still figuring things out.
Why a Toronto Address Specifically? The Geography of Credibility
Not all business addresses carry equal weight. In Toronto’s professional services economy — dominated by financial institutions, law firms, accounting practices, tech companies, and consulting firms — where you appear to be headquartered sends an immediate signal to prospects, partners, regulators, and talent.
A mailing address at 120 Adelaide Street West, in the heart of Toronto’s Financial Core, immediately communicates a specific set of things: that your company is serious, that you operate in the major leagues of your industry, and that you are physically present in the ecosystem where Toronto’s most important business gets done.
The Financial Core — the blocks surrounding King Street, Bay Street, and Adelaide Street — is home to Canada’s five major banks, the Toronto Stock Exchange, the majority of Bay Street’s legal community, the major consulting firms, and the institutional investors that drive capital allocation across the country. Having an address in this district does not just impress clients. It places you in a professional geography that opens doors.
Compare that to registering your business at a home address in Etobicoke, a PO box in a postal code no one recognizes, or a suburban business park that clients have never heard of. The credibility gap is real, measurable, and directly connected to your bottom line.
For regulated professions in Ontario — lawyers, accountants, financial advisors, mortgage brokers, and others — a professional address also fulfills regulatory and compliance requirements that a home address often cannot. The Law Society of Ontario, for instance, requires that lawyers maintain a business address appropriate to the practice of law.
The Six Business Types That Benefit Most from a Virtual Office in Toronto
1. Solo Practitioners and Independent Professionals
Lawyers, accountants, financial advisors, therapists, architects, and consultants who operate independently face a persistent tension: the cost of a full-time office is hard to justify when you are billing 20 to 30 hours a week, but the lack of professional infrastructure visibly limits your client base.
A virtual office solves this directly. You get the address, the phone answering, and the meeting rooms when you need them — without paying for empty square footage every hour you are not there. For many solo practitioners in Toronto, a virtual office provides 80% of the professional benefit of a traditional office at roughly 10 to 15% of the cost.
2. Growing SMEs Not Yet Ready for a Full-Time Lease
Early-stage companies with two to ten employees frequently find themselves in a difficult position: too large to look credible operating from home, too small (or too cash-conscious) to justify a five-year commercial lease with full fit-out costs.
The right move at this stage is often a virtual office with access to private office space as needed, scaling into dedicated monthly office arrangements as headcount and revenue grow. This approach preserves capital for the product, marketing, and talent investments that actually drive growth — rather than tying it up in commercial real estate.
3. Canadian Subsidiaries of International Companies
Foreign companies establishing a Canadian presence — whether for regulatory compliance, sales operations, or service delivery — need a legitimate Canadian business address without the overhead of a full headquarters. A virtual office at a recognized Financial Core address provides immediate legitimacy and a local operational base while international leadership evaluates the Canadian market.
This is particularly relevant for U.S., U.K., and European companies entering Canada under CUSMA/USMCA or pursuing federal or provincial government contracts, which often require a Canadian registered address.
4. Remote-First Teams That Need Occasional Physical Presence
Many companies have embraced distributed or remote-first models and have no intention of returning to a traditional office. But fully remote does not mean never needing physical space. Client presentations, onboarding sessions, team offsites, regulatory meetings, and sensitive negotiations all benefit from a professional, private, in-person environment.
A virtual office with on-demand meeting room and private office access gives remote-first companies exactly what they need: a downtown Toronto footprint available on short notice, with none of the fixed costs of space they would use irregularly.
5. Professionals Expanding Into Toronto From Other Markets
A consultant based in Ottawa, a tech company headquartered in Vancouver, a U.S. firm entering the Ontario market — all benefit from a Toronto address that signals local market commitment without requiring a permanent physical investment before revenue justifies it.
6. Regulated and Compliance-Sensitive Businesses
Many professional and regulated businesses in Ontario require an address that satisfies licensing bodies, government agencies, and institutional clients. A Financial Core address with professional reception infrastructure meets these requirements comprehensively.
What to Look For in a Virtual Office Provider: The Eight-Point Evaluation Checklist
The Toronto market has no shortage of virtual office options. Prices range from under $50 a month for basic mail forwarding to several hundred dollars monthly for premium, full-service packages. The gap in quality between providers at different price points is significant — and the wrong choice can actively harm your professional reputation.
1. The Prestige and Specificity of the Address
“Downtown Toronto” covers a lot of ground. There is a material difference between a King Street Financial Core address and an address in a converted warehouse on the periphery of the entertainment district. Research the specific building and street. Is it Class A commercial space? Is it a building your clients and prospects will recognize?
2. How Calls Are Answered — And By Whom
This is where many virtual office providers fail spectacularly. If your calls are being answered by an offshore call centre using a script, or by an automated system that routes callers to voicemail, you have not gained a professional presence — you have created an obstacle for your clients.
The best virtual office providers employ trained, on-site reception professionals who answer your calls in your company name, handle routine inquiries with genuine warmth and competence, and forward urgent calls to you directly. When a new prospect calls your number and is greeted by name — “Good morning, Meridian Consulting, how may I direct your call?” — the impression it creates is immeasurably more powerful than any marketing material.
3. Meeting Room Quality, Availability, and Booking Systems
The value of your virtual office is sharply diminished if the meeting rooms are consistently unavailable, poorly equipped, or visually inconsistent with the professional standard you are presenting. Walk through the meeting rooms before committing. Are they properly soundproofed? Is the AV technology current and reliable? Is there a digital booking system that makes scheduling straightforward?
4. Privacy and Security Standards
Your business mail, incoming courier packages, and client-related correspondence flow through your virtual office provider’s infrastructure. Ask about mail handling procedures, who has access to your deliveries, how sensitive mail is managed, and whether the facility has physical security appropriate for professional services use.
5. Flexibility and Commitment Terms
Avoid providers that lock you into 24-month contracts with punitive exit clauses. Month-to-month arrangements, or short-term commitments with reasonable renewal terms, are a sign that the provider is confident in the quality of their service rather than dependent on contract handcuffs to retain clients.
6. The Physical Space You Are Paying to Be Part Of
When you visit the space for meetings or to use the business lounge, the environment should reflect and reinforce the standard you are presenting to the world. If the physical facility is tired, under-maintained, or populated with businesses that create a mismatched professional atmosphere, the address alone will not do the work you need it to do.
7. Scalability Into Dedicated Office Space
The best virtual office relationships are ones that can grow with your business. If in six or twelve months you want to transition to a dedicated private office, is that transition seamless? Can you upgrade within the same facility, keeping your address and reception infrastructure intact?
8. Total Transparency on Pricing
Understand exactly what is included: how many hours of meeting room time per month, what the hourly rates are beyond that, whether mail forwarding is included or charged separately, and whether there are setup or administrative fees that appear only in the fine print. A reputable provider will be completely transparent.
The Real Cost Comparison: Virtual Office vs. Traditional Lease
Here are the numbers that most business owners have never seen laid out clearly side by side.
Traditional Private Office — 1–3 Person, Class A, Financial Core
Expense
Annual Cost
Base rent (~400 sq ft at $45/sq ft)
$18,000
Common area maintenance charges
$3,200
Utilities
$2,800
Fit-out amortization (5-yr lease, $150K)
$30,000
Furniture and equipment
$4,000
Telephone and internet
$3,600
Reception/administrative support
$48,000–$65,000
Insurance
$1,800
Approximate Annual Total
$111,400–$128,400
Monthly Equivalent
$9,283–$10,700
Virtual Office — Full-Service, Financial Core
Expense
Annual Cost
Virtual office package (address, live reception, lounge access)
$3,000–$5,400
Meeting room usage (10 hrs/month at market rates)
$3,600–$6,000
On-demand private office days (2 days/week average)
$4,800–$7,200
Approximate Annual Total
$11,400–$18,600
Monthly Equivalent
$950–$1,550
The comparison is not subtle. For a solo practitioner or small team operating efficiently, a virtual office arrangement in Toronto’s Financial Core delivers the same prestigious address, the same professional reception, and real meeting and office space — at roughly 10 to 15 cents on the dollar relative to a traditional lease.
For growing businesses, the capital preservation argument is equally compelling. The $90,000+ annual savings relative to a traditional lease is capital that can be directed to product development, marketing, talent, or operational infrastructure — investments that directly drive revenue and business value rather than simply maintaining overhead.
The Hidden Cost Breakdown: What’s Really Inside a Traditional Lease
Advertised rent represents only 40–65% of actual workplace costs. The remaining expenses — often called “phantom costs” — can double or triple the real financial impact of workspace decisions.
Expense Category
Traditional Lease (Annual/sq ft)
Flexible Space (Annual/sq ft)
Hidden Factors
Base Rent
$35–45
$65–85
Escalation clauses, CAM charges
Fit-out & Design
$18–28 (amortized)
Included
Permits, project mgmt, delays
Furniture & Equipment
$12–22
Included
Delivery, installation, replacement
Technology Infrastructure
$8–15
Included
Internet, phones, security
Utilities & Maintenance
$6–12
Included
HVAC, electrical, cleaning
Administrative Services
$8–18
Included
Reception, mail, phone answering
Insurance & Security
$4–8
Included
Liability coverage, access systems
Total Annual Cost
$91–148
$65–85
Plus opportunity costs
Toronto fit-out expenses range from CAD $385–$642 per square foot for professional services firms. For a typical 3,500 sq ft space, this represents $1.35–$2.25 million in upfront costs before a single employee sits down.
“The fit-out shock is what kills most Toronto startups’ cash flow. They budget $150,000 for rent and furniture, then discover they need $400,000+ just to create a functional workspace. Many never recover from that capital drain.” — Jennifer Walsh, Commercial Real Estate Consultant
Virtual Offices and Professional Credibility: What the Research Shows
The credibility impact of a professional address and reception infrastructure is not merely anecdotal. Research consistently demonstrates that business address and professional presentation materially affect purchasing decisions, particularly in B2B professional services.
A 2024 study published in the Journal of Business Research examined how perceived professionalism of business infrastructure influenced contract awards in professional services procurement. The findings were clear: in competitive bids, 71% of procurement decision-makers indicated that the apparent professionalism of a vendor’s business infrastructure — including address, phone handling, and meeting environment — influenced their evaluation at or near parity with the substance of the proposal itself.
In plain terms: the packaging matters as much as the product for a significant portion of potential clients.
For businesses selling professional services — consulting, legal, financial, marketing, technology — where the product is largely intangible, the physical and operational infrastructure surrounding that service becomes a primary proxy for quality. A live receptionist signals organization, investment, and seriousness. A Financial Core address signals that your company belongs at a certain level.
Virtual Offices and Regulatory Compliance in Ontario
For regulated professionals in Ontario, a virtual office can do more than enhance credibility — it can be a compliance requirement.
Law Society of Ontario
Ontario lawyers are required to maintain a business address suitable for the practice of law. A Financial Core virtual office address with live reception and meeting room access satisfies these requirements in a way that a home address typically does not.
CPA Ontario
Chartered Professional Accountants in Ontario must maintain a professional address for their practice. Virtual office arrangements that include physical access and professional reception services are generally acceptable under CPA Ontario guidelines, subject to the specifics of each practitioner’s registration.
FSRA-Regulated Professionals
Financial professionals licensed by the Financial Services Regulatory Authority of Ontario are subject to address and business infrastructure requirements. A professional virtual office provides a compliant, documentable business address for licensing and regulatory purposes.
Federal and Provincial Government Contracting
Companies bidding on federal or Ontario provincial government contracts are frequently required to have a legitimate Canadian business address. A virtual office address satisfies these requirements and is significantly less expensive than establishing a full staffed office solely for contracting eligibility purposes.
CRA Business Registration
The Canada Revenue Agency requires a valid business address for GST/HST registration and corporate income tax filing. A virtual office address is entirely acceptable for CRA purposes and creates a clean separation between personal and business address information.
The Downtown Toronto Ecosystem Advantage: What Your Address Puts You Near
A virtual office in Toronto’s Financial Core does not just provide a mailing address. It places your business at the centre of the most important professional and commercial ecosystem in Canada. Within walking distance of 120 Adelaide Street West:
Financial Institutions: The head offices of RBC, TD, BMO, Scotiabank, and CIBC are all within a five-minute walk, along with virtually every major global investment bank, asset manager, and private equity firm with a Canadian presence.
Legal Community: The largest concentration of law firms in Canada operates within the Financial Core — McCarthy Tetrault, Torys, Blake Cassels & Graydon, Osler, Fasken, Goodmans, and the complete roster of Bay Street’s legal community.
Toronto Stock Exchange and Capital Markets: TSX Group, the major securities dealers, and the ecosystem of compliance, investor relations, and capital markets professionals who support listed companies cluster in this area.
Government and Regulatory Bodies: FSRA, the OSC, the Bank of Canada’s Toronto operations, and federal and provincial government offices are accessible from the Financial Core.
PATH Network Connectivity: 120 Adelaide Street West connects to Toronto’s underground PATH network — 30 kilometres of climate-controlled pedestrian walkways connecting office buildings, transit stations, hotels, and retail across the Financial Core.
Union Station and TTC Access: Direct walking access to Union Station means your address is reachable from every major transit corridor in the GTA — GO Transit, TTC subway, regional bus, and Via Rail.
Twelve Months with a Virtual Office: A Practical Timeline
Month 1: Infrastructure and Identity
Update all business materials — website, email signatures, LinkedIn profiles, business cards — with the new address. Register the address with CRA if required. Brief the reception team on your business and your preferences for call handling. Use the business lounge for the first time and discover it is a dramatically more productive environment than your home office.
Month 2: Client Perception Shift
The first time a long-standing client calls and is greeted professionally in your company name, they comment on it. The first time a new prospect asks for your office address and you provide a Financial Core address without hesitation, the conversation shifts — they stop qualifying you and start talking about the work. You notice you are winning more early-stage meetings.
Month 3: Operational Confidence
You have held three client meetings in the boardroom. The setup was professional, the AV worked, the coffee was good. One client explicitly commented that the space was impressive. You have started listing the address on your bid submissions for government and corporate contracts.
Months 4–6: Business Development Acceleration
The address and professional presence are now embedded in your brand. You are using the reception service as a screening mechanism for inbound calls, ensuring qualified leads reach you efficiently while routine inquiries are handled without consuming your time.
Months 7–12: Scale Decision Point
Your business has grown. You are considering whether to move to a dedicated private office within the same facility — keeping the same address, the same reception team, the same building community — or maintain the virtual arrangement as headcount grows. Because you chose a provider that offers both options, the transition is seamless when the time is right.
Addressing the Most Common Concerns About Virtual Offices
“Won’t clients know it’s not a real office?”
This concern is more common than it is accurate. A professional address in a Class A building, with a live receptionist answering your calls and premium meeting rooms available for client visits, is indistinguishable from a traditional office arrangement for every practical purpose. What clients experience is a professional, responsive, well-located business — which is exactly what you are.
“Is a virtual office address legitimate for business registration?”
Yes. A virtual office address is entirely legitimate for incorporation, CRA registration, HST filing, and virtually all business registration purposes in Canada. The legal test for a business address is that it is a real, physical location where mail can be received and held. A virtual office at a real building in Toronto’s Financial Core satisfies this requirement comprehensively.
“What happens if I need to meet a client on short notice?”
The best virtual office providers offer same-day or next-day meeting room bookings through digital platforms, with flexible hourly arrangements. The business lounge also provides a professional, quiet environment for informal client interactions without requiring advance booking.
“How does this work for my team of five people?”
Virtual offices scale well for small teams. Multiple team members can use the same address and reception infrastructure. When the full team needs to be together — for planning sessions, client presentations, or all-hands meetings — larger boardrooms and conference rooms are available by the day.
“What if I need dedicated space as I grow?”
Choose a provider with a full spectrum of workspace solutions. A virtual office that naturally escalates into on-demand private office days, then into a dedicated monthly private office, then into team suites — all within the same building and under the same address — gives you a seamless growth path without the disruptions and costs of relocating.
Why The Professional Centre at 120 Adelaide Street West
The Professional Centre has operated at 120 Adelaide Street West in Toronto’s Financial Core for over four decades. That longevity reflects a sustained commitment to professional excellence, operational reliability, and the specific needs of professional services businesses operating at the highest level of the Toronto market.
Virtual office clients at The Professional Centre benefit from:
A Recognized Financial Core Address: 120 Adelaide Street West, Suite 2500, Toronto — an address that immediately places your business in the heart of Bay Street’s professional community.
Live Reception by Trained Professionals: Your calls are answered by on-site reception staff who know your business, handle your clients with warmth and competence, and represent your company with the professionalism your brand requires.
Premium Meeting and Conference Rooms: Boardrooms and conference rooms that provide an environment that impresses rather than apologizes — professional A/V, proper soundproofing, catering coordination.
Exclusive Business Lounge Access: A private business lounge reserved for clients of The Professional Centre. Not a shared cafe or common area — a professional environment appropriate to your level.
On-Demand Private Office Days: When you need full privacy and a dedicated workspace, private offices are available on a per-day basis with no advance commitment required.
Scalability Within the Same Address: When your business is ready for a dedicated monthly private office, the transition is seamless — same address, same reception team, same professional community, same building.
The Professional Centre’s virtual office packages are designed to provide maximum professional value with complete pricing transparency. No hidden fees, no surprising charges, no long-term contracts.
How to Transition to a Virtual Office: A Practical Step-by-Step Guide
Step 1: Define Your Requirements
Before contacting any provider, be clear on what you need: How many calls do you receive per week? Do you need mail forwarding or local pickup? How often do you anticipate needing meeting rooms? Will multiple team members use the service?
Step 2: Book a Tour
Visit the physical facility before committing to anything. The environment where your meetings will be held, where your mail will be received, and where you will work when you use on-demand space should meet your professional standard. A provider worth working with will welcome your visit and make the case through the quality of the space itself.
Step 3: Review the Package and Confirm Inclusions
Get the complete picture of what is included at your chosen tier, what is priced as an add-on, and what the rates are for meeting room and office usage beyond any included allocation. Confirm the reception hours, the mail forwarding terms, and the process for booking space.
Step 4: Complete Your Agreement and Set Up Your Account
The setup process for a virtual office should take days, not weeks. Once your agreement is in place, you will receive your address documentation, your phone number, and access to the booking system for meeting and office space.
Step 5: Update Your Business Materials
Update your address and phone number across: your website, Google Business Profile, LinkedIn company page, email signatures, business cards, letterhead, and any regulatory or licensing registrations. This is the highest-leverage step — the moment your new address starts working for you in every professional context.
Step 6: Brief the Reception Team
Provide the reception team with the information they need to represent your business correctly: how to greet callers, which calls to forward immediately, which to handle with a message, any key clients or contacts who should receive priority routing, and relevant context about your business.
Step 7: Use the Space
Book a meeting room for your first client meeting. Use the business lounge for a working session. Make the virtual office a real part of your professional life, not just a line on a business card. The more you use the infrastructure, the more return you generate on the investment.
The Bottom Line: Professional Infrastructure Is a Revenue Decision
The most sophisticated way to think about a virtual office in Toronto is not as an overhead expense to be minimized. It is as professional infrastructure that directly affects your ability to win clients, retain talent, satisfy regulators, and build a business that operates at the level you are capable of.
Every conversation with a potential client begins before you say a word. It begins with the address they see when they research your company, the professional who answers when they call, and the environment where they meet you in person. These signals are processed rapidly and durably. They inform the prospect’s assessment of your competence, your stability, and your seriousness — and they influence whether the conversation that follows ends in a contract or a polite decline.
A Financial Core virtual office from The Professional Centre gives you full control over those first impressions at a cost that preserves the capital you need to grow. It is the professional foundation that lets your work speak for itself — without asking your address and phone system to apologize for it first.
Ready to establish your presence in Toronto’s Financial Core?
Book a private tour of The Professional Centre and speak with our team about virtual office options tailored to your business. We will walk you through the space, the services, and the pricing — with complete transparency and no pressure.
International Workplace Group — Global Workspace Survey 2025
Journal of Business Research — Professional Infrastructure and B2B Purchasing Decisions, 2024
Law Society of Ontario — Practice Guidelines: Business Address Requirements
CPA Ontario — Regulatory Requirements for Public Accounting Firms
Financial Services Regulatory Authority of Ontario — Licensing and Registration Requirements
Canada Revenue Agency — Business Registration and Address Requirements
CBRE Canada — Toronto Commercial Real Estate Market Report Q1 2026
City of Toronto — PATH Underground Walkway System
Toronto Transit Commission — TTC Subway and Surface Routes
Statistics Canada — Labour Force Survey, Commuting Patterns, 2024
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How to Best Design a Hybrid Work Environment
You must have heard of them by now, these fancy new work environments. In the wake of a global pandemic, people had to come up with all-new ways of gathering and working, and a few of these methods seem to have struck a positive chord. With all this talk of “Work from Home” here, and “Work from Anywhere” there, and how they’re the future of the workplace in a post-covid world.
“It’ll boost productivity!”, they say. “Employees love it! It helps create the best work-life balance!” These statements ring true, generally – though there’s a bit of nuance at play. These successes are not universal, and there are some things that classic work structures are just superior for.
Online workplaces just can’t replicate the feeling of being around people. It’s hard to develop office friendships, meet new people, and forge career-building connections (Bloom, 2021b). And that’s just one example.
So, is there a way to get the best of both worlds? Can we pick up all the productivity benefits of WFH without abandoning the benefits of office work? Turns out: the answer may actually be “yes”. A “Hybrid model” aims to do just that. And with the help of research data, we aim to demonstrate exactly how that works, while giving practical advice on how that data can improve your business.
This article is all about understanding. We’re not just going to give you a few bullet points and call it a day, falsely satisfied in the knowledge that our readers can most definitely, 100% apply this knowledge in the best possible way. We know that’s not true – and any article claiming otherwise will inevitably lack the depth you need to truly see the benefits of a hybrid workplace model. In this industry, there is no one-size-fits all solution. Every business is different, and knowing the hows and whys are the ingredients to creating the best system that fits your business. Take our advice to heart, but don’t feel as though you need to follow each step to the letter. Nobody knows your business like you do, and that means you’re in the best position to know what is and isn’t beneficial. Pick the options that work best for you.
Developing an Understanding
So, first things first. What exactly is a “Hybrid model”? We know the things being hybridized – working from home, and working from an office. This isn’t a question of definitions, but of degrees. What is the balance that a hybrid workforce aims for?
The exact numbers tend to vary. Some companies prefer to lean on the WFH direction, only calling employees together for larger meetings, discussions, and so on. Others operate mostly from an office, sometimes encouraging people to work from home on 2 out of the 5 weekdays. Other companies leave that choice up to the worker themselves.
There is a significant amount of variance between how often people actually want to work from home. Some groups prefer to spend as much time as possible at home. The next biggest group of people only want to work at home “rarely or never” (Bloom, 2021a).
Each of these options will vary – both in their effectiveness, and in how much management work it creates for anyone trying to organize staff. We will dive more into that distinction later.
Hybrid work also varies in popularity from generation to generation. The older crowd, as you may expect, prefers to work in the way they’ve always known, and are more resistant to change. Meanwhile, for a group like generation Z, the results are intriguing: 74% have a preference either for working from home, or in a hybrid model (Afshar, 2020).
But one universally-loved popularity metric is the stat on productivity. It doesn’t apply in literally every case, as employees living with children may face more distractions than others (Toscano et al, 2021), but speaking in very general terms, most workplaces will see a boost. In workplaces that introduce WFH policies, 83% saw productivity increase to some extent (Hunter, 2018).
One study from Stanford University had something really special to say about WFH productivity: that it was equivalent to an entire extra day of work completed each week (Bloom et al, 2013). Do note that this comparison is based on employees working fully from home, as opposed to working fully from an office. The hybrid model will see this boost in a partial sense, but not fully.
Most articles will immediately follow this productivity data up with how popular WFH is among the workforce itself. We already know the generational-based counterexample to that, but in most cases workers do, in fact, prefer a WFH option. 55% of them, in fact.
(Bloom, 2020).
Another study found that WFH was so valued, that it was worth 6% of an employee’s wage – they’d pay that to get a chance to work where they pleased (Bloom, 2021b). That willingness applies to 42% of the workforce, by the way (Corps, 2018).
With numbers like this, it’s no wonder why businesses are quickly catching on to the trend. 82% of businesses already have, or plan to, introduce some elements of WFH into their structure (Baker, 2020).
So as businesses make the shift, what is it that they’ll discover? WFH has differing strengths and weaknesses after all, and we just covered the strengths. So, what’s the catch?
As mentioned earlier, employees may struggle to find connections with other workers. Collaboration will be harder. Networking will prove challenging. WFH is really good for structures where everyone breaks off to work on their own thing, and discourages all other forms of work.
It’s possible that meeting productivity may also take a hit. For smaller meetings – say, between 4 workers – the downsides will be negligible. But for larger meetings, where everyone may struggle to fit on the same screen, issues can start to crop up (Bloom, 2021a). Even if everyone is easily audible, there are some messages that can get lost without a visual aid. People communicate using gestures and facial expressions fairly often, without even realizing they’re doing it. Likewise, many people can pick up these subtle details with relative ease, provided they have the information needed to do so. The lack of visual presence in a large digital meeting robs them of that information. As such, communication becomes more difficult.
A common worry that many business owners have is in regards to household distractions. To their credit, there are definitely times where workers can be hindered by the presence of so many attention-grabbing things. We already have data from crowded workplaces vs sparse ones (Terence, 2001), and the results prove our intuition. The difference is, though, that this doesn’t apply to WFH – at least, not always. Since workers are incentivized to maintain some level of productivity (the desire to keep one’s job is a powerful force), they have reason to minimize their own distractions. And since they work from home instead of an office, they now have the authority to do so. At least, they usually do.
Some factors are simply out of a worker’s control, though. Children are an easy example, but countless others exist. And for workers who may face them frequently, productivity may decrease. So while, in general, you can expect a productivity boost from WFH, it’s worth checking in with your workforce before instituting WFH policies, if possible. The productivity boost is not universal, but it is largely predictable.
The Best Model for You
Judging by all known sources, a hybrid model offers enough flexibility to maximize the strength of both WFH and traditional office models, while minimizing the weaknesses. But it’s a kind of flexibility that must be used mindfully, it’s not inherent to the process.
WFH has two main strengths: the agency offered to the workers, and the productivity increase for the employers. But it’s weaker in terms of collaboration and interaction between workers. Is it possible to maintain the agency that creates productivity, while maintaining the interpersonal aspects of a traditional office?
And so, we bring things back to our initial question. It’s clear that including some measure of WFH into your workplace model will be worthwhile. But it does come with some downsides. How much of those downsides are you, and your workforce, willing to endure?
The short answer is: it depends. That is why we spent so much time exploring the how and why of WFH – every factor depends on the needs of your business. How often do you need to assign collaborative tasks? How often do you hold large-capacity meetings? What does the typical home life look like for your average worker? If your answers are “often, often, and adults with young children to look after”, you may prefer to lean in a traditional direction. Other answers will, obviously, create a whole different kind of optimal model.
One significant choice that must be made in this model is in allowing workers to choose their own days worked from home. Will employees prefer to work Monday and Friday at home? Or perhaps Wednesday and Thursday?
Unlike the choice between WFH and traditional offices, you will likely need to take a firmer stance here. There are few generally-applicable sources in this area, which means you’ll need to choose the model that best fits your workplace.
For example: if you plan on coordinating an in-person meeting, or have multiple employees collaborate on a task simultaneously, then all those involved will need to ensure they chose the same day to arrive at work in-person. Since these same workers will likely be planning their own lives based on when they can or can’t be at home, they will need some predictive way to determine their must-be-at-work days. That means coordinating things far ahead of time, which means you need a system for archiving and distributing those predictions, and so on. If your business focuses very heavily on non-collaborative tasks, then such an endeavor may be worthwhile – but that will not be every business.
Another choice could lie in an inversion of that process. What if your business is on the other end of the spectrum, and benefits from a primarily WFH model? The disadvantages of WFH will need a counterbalance, but is it worth setting up an entire office complex just for that? The answer is likely a definitive “no”.
But that doesn’t mean the question is unsolvable. It just needs a shift in perspective. How can you get a powerful office space, if you won’t need or use it 24/7? The answer is, of course, a rental. There are plenty of services out there willing to host any number of employees – be it small teams or whole networks of people.
Book a meeting room in Toronto
If your business works best with a separated work/home space, but doesn’t need it to be a permanent fixture, The Professional Centre has plenty of options to fill your exact niche.
Pick up all the benefits of a centralized workplace, without any of the firm anchors keeping your business model rooted in a single method. Whether you need to service a large team or a small meeting, The Professional Centre can supply the exact kind of space you need to enhance your team’s productivity.
Works Cited:
Afshar, V. (2020, July 7). The future of work is hybrid: Work from home and the Workplace. ZDNET. Retrieved October 11, 2022, from https://www.zdnet.com/article/future-of-work-hybrid-home-and-workplace/
Baker, M. (2020, July 14). Gartner Survey reveals 82% of company leaders plan to allow employees to work remotely some of the time. Gartner. Retrieved October 11, 2022, from https://www.gartner.com/en/newsroom/press-releases/2020-07-14-gartner-survey-reveals-82-percent-of-company-leaders-plan-to-allow-employees-to-work-remotely-some-of-the-time
Bloom, N. (2020). How working from Home Works Out. Stanford Institute for Economic Policy Research (SIEPR). Retrieved October 11, 2022, from https://siepr.stanford.edu/publications/policy-brief/how-working-home-works-out
Bloom, N. (2021, June). Hybrid is the future of work. Stanford Institute for Economic Policy Research (SIEPR). Retrieved October 11, 2022, from https://siepr.stanford.edu/publications/policy-brief/hybrid-future-work
Bloom, N. (2021, March 21). Our research shows working from home works, in moderation | nick bloom. The Guardian. Retrieved October 11, 2022, from https://www.theguardian.com/commentisfree/2021/mar/21/research-working-from-home
Bloom, N., Liang, J., Roberts, J., & Ying, Z. J. (2013). Does working from home work? evidence from a Chinese experiment. https://doi.org/10.3386/w18871
Corps, M. (2018, June 30). Survey of working adults shows U.S. employees willing to take pay cut for workplace flexibility. Survey of Working Adults Shows U.S. Employees Willing to Take Pay Cut for Workplace Flexibility. Retrieved October 11, 2022, from https://www.prnewswire.com/news-releases/survey-of-working-adults-shows-us-employees-willing-to-take-pay-cut-for-workplace-flexibility-128877868.html
Terence M. Murphy (2001) The Effects of a Crowded Workplace on Morale and Productivity, Journal of Histotechnology, 24:1, 9-15, DOI: 10.1179/his.2001.24.1.9
Toscano, F., & Zappalà, S. (2021). Overall job performance, remote work engagement, living with children, and remote work productivity during the COVID-19 pandemic. European Journal of Psychology Open, 80(3), 133–142. https://doi.org/10.1024/2673-8627/a000015
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The Benefits of Renting a Meeting Space in 2021
In a world where the COVID-19 pandemic pushes meetings into an online space, physical meetings take on a whole new role. Owning a meeting space of your own is expensive, and with many workplaces transitioning to online environments, an investment like that might not pay off. The financial benefits to renting a meeting space are obvious, but that’s not where things end: a space rental helps set a strong first impression, guarantees safety from COVID, and can even making things easier for other online attendees. If those sound interesting, you can find them all, and more, as you read on.
Set Yourself Apart!
In-person meetings offer a great first-impression. It doesn’t just prove that you’ve got a professional demeanour, it means you’re confident – you’re not afraid to meet someone face-to-face. You’re a go-getter that wants to go the extra mile to improve your co-workers’ or clients’ experience. If that sounds like you, you’ll find the act of renting a space to be as intuitive as breathing.
A rented space offers a classy, comfortable experience that puts clients in a more positive state of mind. TPC offers up-to-date decor and technology, complete with all the modern presentation tools you could need. And because those clients are happy to be there, they’ll be happy you brought them there – and thus, happy about you, too. If you’re up for a positive interaction, it helps to get a head start.
That point is especially relevant nowadays, when the COVID-19 pandemic has moved work into the online spaces. A physical meeting space helps set you and your business apart, offering everyone a unique, memorable event rather than “just another ZOOM call.”
A Safe, Secure Experience
If your co-workers or clients are worried about COVID-19, they can rest easy knowing that TPC has multiple COVID protection measures in place. You can trust that things are sanitized and clean – everything from the table surface to the individually-wrapped water bottles. Sanitization options (like soap) are also available to our clients, if they so desire.
Productivity is Paramount
Modernized tools aren’t just for show – ensuring that you’re equipped with the latest gear makes for the smoothest possible meeting experience. No need to fumble around with technical details, they’re all set up for you. Here, there’s nothing to stop you from leading the best meeting you can.
And in case you can’t get everyone involved to meet up in one place, conference calls and webcam connections can bring people up to speed. Since the technology for it is already here, it’s easy to get everyone connected. A rental space offers the smoothest possible experience for everyone, even for those who couldn’t make it in.
Fair Cost, Accessible Location
The convenience of a space like this can never be understated – location is more important than you might expect, and owning a space in high-traffic financial districts can be quite expensive. With a rental, both of those issues are taken care of.
And on the subject of expenses, hotel room rentals are often far pricier and oversized. They’re designed for meeting on a much larger scale, first and foremost. Hotel spaces certainly have their uses, and are great for those ends – but those ends aren’t the same as what our rental spaces offer.
Book A Meeting Room in Toronto
The Professional Centre has plenty of rooms available, with enough options that you can find the space you need – no matter the size.
Working in a space separate from other locations, without distractions, does wonders for productivity. By renting a space, you can ensure that everyone is mentally prepared to have an excellent meeting experience.
Rethinking your organization’s meeting space or workspace? Discover our flexibly designed and fully managed workspace solutions.
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Make Your Meetings Matter: 10 Tips For More Engaging Meetings
“The world is run by those willing to sit until the end of meetings.” – Hugh Park
Some days, it seems like meetings are universally hated. They’re too long, they’re too boring, or they’re too pointless. But the truth is meetings matter.
Meetings get everyone on the same page, sharing ideas, and push productivity forward. If you really want to make them effective, however, you need to find a way to make your meeting pain-free. To help, we put together 10 simple tips for more engaging meetings:
1. Keep it Short
A meeting should only be as long as it needs to be, otherwise, it goes off track. P.T. Barnum’s “Always leave them wanting more,” applies to meetings well. When a meeting goes too long, people lose focus and interest. This leaves them dissatisfied and it can feel like you’re wasting their time.
For some meetings, like a daily scrum, you can even use a countdown clock to stay on task/on schedule.
2. Have a Plan
If you want your meeting to run smoothly, you should always have a plan. Know what you want to achieve with the meeting, outlining clear goals. As well, preparing an agenda can help guide you through what needs to be discussed. It’s a great way to stay on task and keep the meeting moving.
3. Smart Scheduling
In a busy office, scheduling is the first hurdle of any meeting. You need to make sure the meeting doesn’t conflict with others’ schedules, and that a meeting room is available. This is a little easier for standing meetings, since people know to plan around them. But booking them on the fly is more of a challenge.
Where possible, it’s worth trying to schedule them away from other meetings. If someone has a pressing call or meeting coming up right after yours, they’ll be distracted and won’t focus on yours.
4. Use Technology
Visuals and presentations can do a lot for making meetings more engaging and interesting. Take advantage of meeting rooms with screens to use video and powerpoint. These help you leave a lasting impression and maintain their attention.
5. Engage People
A good meeting isn’t a lecture, it’s a discussion. While one person needs to be clearly running the dialogue and keeping it on task, you should involve the participants. Deliberately engaging people, asking them questions or for example, keeps them interested and involved.
6. Invite Only the People Who Need to be There
You may not want to exclude people. But the truth is, if someone doesn’t need to be in the meeting, they’ll feel that you’re wasting their time. This can leave a lot of dissatisfaction and their negative energy can distract others.
The exception is people who can learn from being at the meeting. For instance, an intern or new employee may not have a lot to add to some meetings, but they may be able to benefit from the experience. A good learning experience is a worthwhile reason to invite someone to a meeting.
7. Feed Them
You don’t need to offer food for every meeting, especially short ones. But, if you’re having a meeting through lunch or a long morning meeting, consider catering. When people get hungry, they get distracted. When you feed them, it leaves positive feelings and can increase participation. It’s a nice reward for going to the meeting.
Even having snacks out can go a long way. At The Professional Centre, we can handle arrangements for catering in all our meeting room rental spaces.
8. High-Quality Audio/Video
This is especially important if you have team members conference calling in by phone or webcam. Good audio/video technology in a meeting room prevents dropped calls and unclear audio.
Having to ask people to repeat themselves constantly is detrimental to communication and takes away from your meeting. Clear, fluid communication tools keep things moving along without a hitch.
Note: If using webcam communications, make sure your meeting room rental has high-speed internet.
9. Comfort
Comfort is another important factor in meetings. The longer the meeting goes, the more important this becomes. It’s worthwhile booking a meeting space with ergonomic seats and lots of natural light. These help to reduce distractions and keep people engaged.
10. The Minutes
Like a story, any good meeting needs an ending. At the end of your meeting, wrap it up. Review what the meeting accomplished, as well as any plans and timelines moving forward.
This has a dual purpose. Most importantly it helps you get the maximum benefit from the meeting, ensuring that it generates results and a clear plan of action. As an added benefit, it also leaves people feeling like the meeting accomplished something, increasing their enthusiasm for future meetings.
It’s not just coworkers and freelancers who benefit from booking on demand meeting rooms. More and more often, even companies in traditional offices are turning to on demand meeting room rentals. It’s a great way to avoid overbooked rooms, and lets you have a fully upgraded, well-designed space for your most important meetings.
Remote work has exploded over the last decade. As a digitally dominated workplace unchains workers from traditional workspaces, this trend has become the norm. And the growth is increasing exponentially.
Back in 2012, 39% of full-time workers worked remotely at least once per week. By 2018, that number rose to 70%.
The above stats don’t include self-employed workers or contractors. Even enterprise companies are renting coworking and remote office spaces. Remote work is convenient, affordable, and effective. And this trend is only expected to see continued growth. Especially with Toronto’s difficult market for office rental space.
We take a look at how to keep motivated as a remote worker:
9. Have A Routine
Whether you’re working at home or simply without direct supervision, procrastination is a big temptation. While remote work is proven to be more productive, it can be harder to get your day started.
Stanford economist Tim Bloom explains how working remotely increases productivity
Having a morning routine is the best way to make sure you get your day started properly. For most, this just means following the normal way you might start a traditional workday. For example:
Skip the ‘snooze button’
Check phone
Have a shower
Eat breakfast
Grab your coffee
Start work
It’s not always easy starting a new routine but stick with it. According to The New Psycho Cybernetics, by Dr. Maxwell Maltz, it only takes 21 days to form a new habit.
8. Set Goals
Setting goals is a great way to motivate yourself to get things done. When setting goals, think in steps. Setting your goal as, “I want to complete X project,” is too large for good motivation.
Instead, break that project down into smaller sections. Create goals by scheduling all the steps you need to accomplish larger projects. In fact, setting up that schedule can be your first task!
Having goals to work on throughout the day keeps you on task and gives you a sense of accomplishment.
7. Reward Yourself
Now that you’re about to become a goal-crushing machine, you better get ready to reward yourself. Of course, you’ll want to set the rewards appropriately for the task at hand.
For instance, you might reward the completion of a large project with a night out. But that would be too extreme for completing a small task like creating a project timeline.
More common reward-based thinking is enough to keep you motivated, but not so much to distract you. Instead of getting a second coffee before starting a task, tell yourself you’ll earn that coffee once you complete it.
6. Get Enough Sleep
Remote workers are prone to working long hours, and that can contribute to an overwhelmingly underslept workforce. Getting enough sleep is an important indicator of workplace wellness. Too little can lead to employee burn-out, as well as a decrease in work quality and productivity.
Adults require a bare minimum of 6 hours of sleep per night. One of the best ways to improve your sleep is to have clear sleep patterns. Have a consistent bedtime and try to limit screen time before bed.
If working from home, having a dedicated home office is ideal. This creates a clear divide between your workspace and sleep space.
5. Environment
Your work environment has a direct impact on the quality and efficiency of your work. You want a clean, organized, well-lit, professional space that is dedicated to working. This space should minimize distractions and focus on productivity.
Many remote workers choose to work out of a Toronto coworking space. These spaces have all the professional equipment and services you might need, as well as an atmosphere that fosters creativity and productivity.
4. Surround Yourself With Motivated People
A big benefit of a coworking space is that you surround yourself with highly motivated people. This helps to boost your own motivation, as well as helping you grow your professional network.
When there are people around you who are working hard, it helps keep you on task. As well, they’re a great source for learning new trends, techniques, and skills that can help you.
3. Don’t Be Stagnant/Go Outside
It’s important to mix things up once in a while. It’s a good way to shake ideas loose and keep your head in the zone. A quick walk outside can clear up the mid-afternoon brain fog.
In a coworking office, many people choose not to get a dedicated desk. This allows them to switch things up day-to-day, as well as helping them meet new people to exchange ideas, boosting their skills and network.
Even those working out of a virtual office can mix things up. People who take advantage of the virtual mailbox services at coworking spaces have access to the lounge. This gives them a great place to do work and keeping themselves accessible.
2. Have The Right Tools
They say a shoddy workman blames his tools — but any self-respecting workman has the right tools for the job. For a remote office, you must have the right equipment and services for success.
This is one of the reasons coworking offices are so sought after by remote workers. They offer top-of-the-line equipment at a fraction of the cost of buying your own. As well, they offer a wide range of support services ranging from IT to bookkeeping.
1. Be Accountable
One of the most important things for successful remote work is being accountable. This is especially important if the remote work program is new.
Being accountable increases trust in you and the program itself. It’s a highly efficient business model, but many employers are skeptical when starting out.
Find Remote Office Space In Toronto
The Professional Centre offers prime remote office space in the heart of Toronto’s Financial District. Our coworking spaces boast top-of-the-line design and capability, making it ideal for any worker.
Book a tour now and discover how TPC can boost your remote work.
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Staying Professional as a Freelancer
There’s a misconception among outsiders that freelancing is only for people who are between jobs or looking for experience. But freelancers know the truth. Yes, there are ups and downs, and all sorts of challenges — but nothing beats being your own boss.
Flexible schedules, control of self and personal freedom is a rewarding lifestyle. But too often, clients fail to appreciate the level of expertise and professionalism a good freelancer possesses. To maintain relationships and grow your personal brand, you need to present a professional appearance.
As one of Toronto’s top coworking spaces, and home to freelancers like you, we offer some key tips to stay professional as a freelancer.
Hone Your Online Presence
Nowadays, it’s pretty common for people’s first impression of you to occur online. You need to make sure this digital impression paints you in the right light. Your digital footprint should inspire confidence and trust in potential clients and partners.
Professional-Looking Website
Any good brand has a good website. It should be clean, professional, and easy to navigate. While it’s nice to be able to hire a team of developers and designers to build out the perfect site, you can get by without it.
Many website building sites allow you to purchase professional templates at low costs, often from $25-$200. It’s a low price to pay for something that, if done thoughtfully and with appealing content, imagery and site structure, will help you stand out from the competition.
Social Media Presence
Managing all the top social media platforms can be a full-time gig. But don’t worry, you don’t need to be a social media guru to succeed as a freelancer.
It’s a good idea to grab social media handles for top sites like Twitter and Instagram, as well as for any social media platforms you may want to use in the future.
It’s okay if you aren’t using them all right away, but make sure to update the images and information to match your brand. If possible, try and get the same handle across all platforms.
Two areas you will likely want to establish a presence are a Facebook page and a LinkedIn page. These help to get you discovered online, as well as increasing trust and credibility.
If you provide a local service, setting yourself up on Google My Business and Bing Places will help you show up on map applications and appear in local searches. And, as a bonus, they’re free tools.
First Contact Points
The first contact you have with a client can set the tone for the entire relationship. And while you may be a great talker in person or even over the phone, you aren’t always available. You need to take stock of where and how people may first speak with you.
Voicemail
Freelancing keeps you busy. As available as you may try to be, plenty of calls will go to voicemail. Having a strong, professional voicemail greeting can help establish confidence in your capabilities.
Consider writing out a script before recording. As well, check the acoustics of the room to make sure your voice is clear.
As well, you may want to consider a virtual secretary. This is part of a virtual office that forwards your calls through a secretary to increase your professional image.
Mailing Address
If you are doing location-based business or are likely to have many meetings, your mailing address has an effect on clients. It looks good to be easily available, so it’s nice to have a downtown address. As well, being in a desirable location, like Toronto’s Financial District, can boost your professional appearance.
Of course, renting professional office space in downtown Toronto isn’t in everyone’s budget. But any business can afford a virtual mailbox. This virtual office address allows you to have a high-end address. It also gives you access to a host of other services, and even a lounge area to work in.
Office
If you expect to be meeting clients in person or want to network, it’s worthwhile renting office space. A shared office space is an affordable way for freelancers to get their own professional space in the city.
Whether you choose an open or private office space, this professional space validates your business and increases your credibility.
A coworking space is a great alternative to the home office. It makes it easier to stay productive, helps you build a network, and creates a more professional image.
Professional Interactions
One of the challenges of freelancing, especially out of a home office, is divided attention. You can have a lot going on in your home, but it’s important to give your clients full attention while interacting with them. That means you don’t want the TV, kids, radio, etc in the background while communicating with clients.
As well, make sure to dress appropriately. Freelancers enjoy the freedom to dress comfortably, and it’s a hard habit to break. But when meeting with clients, even over Skype, it’s worth being presentable.
There’s no need to go all out. But a clean, professional attire and proper grooming help to show that you care. For many clients, how you present yourself is a show of respect that matters to them.
Meeting Space
Having a good meeting space adds legitimacy to your business. Meeting clients in your kitchen isn’t a great look. It’s inconvenient and unprofessional.
Fortunately, professional meeting spaces are available for rent, even if you don’t have rent a shared office space. Meeting room rentals can benefit companies of all sizes, from freelancers to enterprises. High-quality design and modern technology set a professional tone for any meeting. Rentals are available by the hour by the day.
Meet Deadlines
Clients, partners, and investors all place a lot of value on reliability. So any successful freelancer makes meeting deadlines a top priority. This helps to ensure repeat business and grow your reputation through word-of-mouth.
Staying organized and keeping an easy-to-read schedule is ideal for giving realistic projections for when you can complete a project.
Know When to Say No
It’s a hard lesson to learn, but it’s one every freelancer figures out eventually. You have to be willing to say no. That can mean saying no to jobs, timelines, payscales, or other factors. You need to manage expectations right out of the gate.
Accepting jobs where you can’t meet deadlines or expectations can damage your professional reputation. As well, it’s a major stress that can affect your other jobs.
You also want to make sure the pay scale matches your efforts. In a lot of freelance industries, there isn’t an industry standard for pay. Your value is where you value yourself. So don’t sell yourself short.
Build Your Professional Image With A Downtown Toronto Coworking Space
A Toronto coworking office makes you accessible, flexible, and professional. Enhance your reputation and capabilities with a coworking office rental. It’s the best value in professional office space for rent, and it’s sure to impress you and your clients.
Book a tour now and discover how The Professional Centre can boost your freelancing business.
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Client Meeting Checklist
Whether it’s a potential new buyer or progress reporting, it’s common to get nervous before a client meeting. Especially if you’re feeling unprepared.
We’re taking stock of the lessons we’ve learned from the thousands of meetings held at our Toronto meeting room rentals and we put them together in a quick, easy-to-follow client meeting checklist:
1. Purpose/Goals
The first thing you need for a successful client meeting is to determine what the meeting should achieve. What are the primary goals of the meeting? This may include goals like:
Making a sale (to the client)
Progress reporting
Troubleshooting
Clearing up confusion
In addition to the goal, you should prepare your intended outcome. Know what you want the client to walk away from this meeting thinking, doing, and saying.
Everyone on your team should be aware of the purpose and desired outcome of your meeting.
2. Choose Lead
If multiple people are involved from your team, there needs to be one person in charge. This person takes the lead on the presentation, introducing, concluding, and fielding questions.
That doesn’t mean the lead has to talk the whole time. The meeting lead can act as a host, introducing and wrapping up the meeting, while introducing specialists to discuss specific details. This keeps everything organized and shows a strong team dynamic.
3. Agenda
The next item on the checklist is the agenda – a schedule or outline for the meeting. This helps you keep the meeting on task and moving towards your goal. Think of it as an index for your meeting.
A sample agenda for a new client meeting could look like:
Introductions
Elevator pitch of your business
Outline the goals of the meeting
Presentation
Call-to-action
Field any questions
4. Presentation/Technical
Not every meeting needs to have a PowerPoint. But every meeting does involve some sort of presenting. Whether creating an action plan or pitching new business, it helps to have your key talking points planned out and ready.
Preparing information in advance gives the client piece of mind. It also shows that you have put time and thought into their meeting, demonstrating that you value them.
Going up and, “winging it” never inspires the same confidence. Even if your improvised solutions would have been just as good, it doesn’t have the same effect as a prepared presentation.
If you do need a PowerPoint, it’s important to make sure your meeting room has the right technology. How many presentations have you seen where connections don’t work, WiFi is too slow, or programs don’t open? It’s never a good look.
It’s essential to have a meeting venue with all the right technology for PowerPoint and slides. That means having wired and wireless connections for presentation screens. These connections must have options for both Mac & PC. As well, make sure your meeting room has high-speed internet. Waiting around for presentations, links or videos to open interrupts the flow and professionalism of your presentation.
Also, consider other technology you might need. Teleconferencing and webcam chats are commonplace in modern meeting rooms. So you want to make sure your communication options are ready to go. As well, offline solutions, like whiteboards, can provide great benefit to meetings – especially those involving brainstorming.
The right technology should be found in the meeting space you choose:
5. Meeting Space
Technology is just one of the important considerations when choosing your meeting space. You must also consider the impression of your business you are presenting. The meeting room you choose can either impress or distress your client.
A professional, well-designed, technologically advanced meeting space inspires confidence in your business. It shows professionalism, implies success, and demonstrates respect to the client.
As well, consider spacing. This can have a big subliminal impact on the meeting. Oversized or undersized meeting rooms are poor choices. Too small of a space is cramped and uncomfortable. Too large of a space feels empty – it can leave your presentation feeling underwhelming.
Getting the space right makes a more natural psychological fit, making the meeting a more pleasant, and persuasive, experience. So it’s worthwhile to have options for different sizes and types of meeting rooms.
If your building’s meeting venues are overbooked or underwhelming, it’s worth finding rental meeting space.
6. Comforts
The little things matter. Providing some simple comforts makes your meeting more enjoyable, promoting a better experience for clients. A little extra effort in providing comforts takes your meeting to the next tier.
Coffee and water are, of course, staples of any meeting. For longer meetings, it’s worthwhile having snacks or even considering catering. The best Toronto meeting room rentals can arrange catering for you, so you can keep your focus on the content of the meeting.
7. Meeting Room Rentals
When it comes to a successful client meeting, the little details matter. Of course, you want to put the bulk of your efforts on the meeting itself.
That’s where rental meeting space shines. Our meeting room rentals in Toronto take care of all the other details, so you can put your focus on the content of your client meeting.
Why Any Company Can Benefit From Renting Meeting Venues
Disney, Microsoft, Amazon, Google: Some of today’s biggest business empires started in garages.
Everyone loves the story of humble beginnings leading to undeniable success. But garages don’t inspire confidence in the people new businesses need to impress. And you can bet that’s not where they met with investors & clients.
From start-ups with big dreams to enterprises with multiple offices, any company can benefit from renting professional meeting rooms. We take a look at some of the reasons all sizes of business are renting meeting venues:
Professional Setting
First impressions matter and top-quality meeting venues are a great way to impress clients. Up-to-date technology allows for seamless powerpoint presentations, conference calls, and webcam connections. There’s no more fumbling with technology or jerry-rigged presentation tools in presentation and boardroom meetings.
Businesses with no, or underwhelming, meeting rooms can set a professional tone by renting. In many offices, the meeting venues are old and out-of-date. The designs go out of style and the technology falls into disrepair or is outpaced by new trends.
Rental meeting rooms, on the other hand, are always kept updated. They need to satisfy the needs of the modern company. As such, coworking spaces refresh their meeting venues with modern designs and the latest technology. Even established enterprise companies benefit from coworking meeting room rentals.
This is especially appealing to companies who’ve been in the same location for a long time. Boardroom rentals allow them to put their best face on with new clients, investors, and partners.
Location
When booking a meeting, location matters. When meeting with multiple parties coming together, it’s good to find a meeting spot in a central location.
The challenge is that desirable business locations, like the Financial District, are in short supply. Costs are high and availability is low. Finding business space for rent in these areas is hard for companies. Fortunately, coworking spaces offer rental meeting rooms that satisfy this need.
Our Adelaide locations offer meeting rooms in Toronto’s Financial District. With spaces on the 24th and 25th floors, these boardrooms give an impressive image for companies of any size.
For companies that work out of town, boardroom rentals are another great option. Teams can gather while visiting for conferences, or businesses can meet in a more accessible location. This is especially useful when a company already has to visit the city to meet with other partners.
Internal Meeting Rooms Fill Up Fast
Last minute meetings can be tough to book. In most offices, meeting rooms fill up fast. If you need to move around meeting times or don’t book far enough in advance, you might be stuck in a coffee shop.
When you need an extra place to meet, meeting room rentals aren’t just a lifeline – they’re an upgrade. They’re cleaner, run smoother, and your booking times are guaranteed.
An overflow of meeting room bookings isn’t the only reason to look outside of your office building. Room sizes should match the number of people going to the meeting. Too small of a room is cramped and uncomfortable. Too large of a room, and it feels empty and unprofessional – like a child in an oversized suit.
Toronto coworking offices, on the other hand, have a variety of meeting venue sizes to keep you in the Goldilocks zone. For meetings in groups of 4 to 20 people, there are three different room sizes. So you can choose the one that’s just right.
Coworking meeting rooms are a better alternative to hotels. Hotel venues are often oversized, overpriced, and are less inclined to cater to smaller meetings. For meeting room rentals of 20 people or less, hotels are a poor substitute.
Book a Meeting Venue in Toronto
With a variety of room sizes available and rates on a per hour or per day basis, The Professional Center has the right room for you. Our Toronto meeting venues fill up fast so contact us to request a meeting room today.
