Coworking or renting a shared office space is the wave of the future when it comes to establishing or building up a new business. Whether you’re an entrepreneur with a budding new enterprise, a solopreneur who just needs some temporary professional office space, a small business with a handful of employees, or a medium-sized company looking to expand your business ventures in a practical way; renting a coworking space in might be the right solution for you. No matter where your current business ventures stand, coworking is a sensible option that gives you the power and control you desire to run your business as you see fit while also putting you in direct contact with other like-minded individuals with similar goals.
What Is a Coworking Office Space?
A coworking space is similar to an office in the sense that business professionals can gather there to complete important projects and work-related tasks. The main difference between regular office spaces and coworking environments is that the latter allows people from various professional backgrounds and companies to work in a shared space surrounded by like-minded individuals. Many of these professionals are freelance workers, entrepreneurs, solopreneurs, or technological nomads who find solace in working on their projects in public places without the annoyance of constant interruptions. Coworking spaces provide ideal settings that allow people’s creative ideas to flourish, keep workers motivated, and provide excellent opportunities for people to share ideas and gain interesting perspectives on the projects they’re working on.
Advantages of Using a Coworking Space
The following is a list of the numerous benefits involved in coworking:
Free Office Amenities
One of the main benefits that sets coworking hubs apart from traditional office space rentals or leases is that your membership fees or hourly fees often cover the cost of amenities. That means you don’t have to pay for using available office supplies and there’s no limit in terms of how much or how often you can use the equipment. Coworking spaces also come equipped with Internet hookups, free Wi-Fi, telecommunication devices, mail services, and so much more.
Helps Increase Your Professional and Personal Network
While a lot of freelance workers and solopreneurs aren’t necessarily anti-social, their line of work can usually make it difficult to find people with similar sensibilities and ideals when it comes to their work. These types of people are independent by nature and tend to flock towards their own kind, so sharing a coworking space can make it easier for freelancers and solopreneurs to network, collaborate with others, and hone their small talking skills. All of these are essential aspects of running a successful business.
Greater Job Control
Working in a shared space with other people who are on the same wavelength as you can also give you greater control over your own work ethic. You have the creative control to choose your projects, create your own working hours, and decide whether or not you want to collaborate with others on certain projects.
Access to Fully Equipped Workspaces
Whether you’re simply looking for a large table to spread out all of your files and work on your laptop or a private meeting room to meet with clients, prospective employees, or other people with similar business sense to you, you have the option to use coworking spaces however you choose. As long as you’re respectful of the people with whom you’re sharing the space, you have a plethora of amenities, office equipment, as well as private and public spaces at your disposal. On top of that, all work spaces are fully equipped with printers, telephone jacks, projection screens, and anything else your business might require.
As a result of the constantly increasing demand, coworking spaces have been popping up all over the map. They’re especially popular in most European and Asian countries because they provide unparalleled convenience for people travelling from all over the place. Most major cities include coworking locations that are centralized and easily accessible via public transit for added convenience.
Help Improve Your Social Life
Coworking spaces also help to expunge the added loneliness that accompanies working remotely, from home, or in a formal office setting. Even working in a coffee shop where you’re constantly surrounded by people can become mundane because you still have very limited interactions with other people. Sometimes, it helps discussing ideas with other business people that you don’t work with because they can help put things into perspective by offering objective opinions. At the same time, this interaction can help alleviate or deter the loneliness that comes with working alone for a lot of people.
Coworking spaces typically cost a lot less money than renting or leasing a traditional office space. An economic benefit of coworking is you won’t be bound to any contractual terms and you only have to pay for the duration of the time you intend to use the space. As mentioned, for the most part amenities are usually included in the fee and you have access to all office equipment and supplies.
It’s a given that sometimes the pressures of meeting certain deadlines, working hard to satisfy customers, or even the stress of trying to run a business that’s in its infancy can get to a lot of people. That’s why it’s a smart idea to surround yourself with people who understand what you’re going through. In a coworking setting, everyone is in the same position as you and they can often offer insight into your situation that you may not have realized before. This type of emotional support makes it that much easier to run your business and gives you the confidence boost you need sometimes to do so successfully.
Coworking spaces offer flexibility in more ways than one. Not only can you choose how long you want to work based on the hours, days, or months, but you can also come into the office any time of day or night and stay as long as you need to in order to complete your work-related tasks (although it’s encouraged that you go home to get some rest at some point).
Rent a Coworking Office Space
Innovative Professional Offices offers beautifully furnished, fully equipped, and expert-designed coworking spaces for businesspeople and companies of all calibers. Whether you run your own business, work remotely for an SMB, or are in the process of expanding your enterprise, we have the right collaborative working environment to meet your standards. Coworking spaces offer a positive, innovative, and creative working atmosphere that include a variety of shared resources and gives you easy access to all kinds of like-minded professionals including your own colleagues. To learn more about the benefits of renting one of our coworking spaces, please contact us.
Latest posts by Pat Fernandes (see all)
- Why Renting an Office Space on a Project-by-Project Basis Is a Good Idea - November 23, 2018
- Why Is Employee Experience Important? - November 16, 2018
- Shared Office Spaces vs. Co-Working Office Spaces - October 19, 2018