Why Co-Working Spaces Are a Smart Choice for Entrepreneurs
Co-working spaces are a great affordable way to have a nice working environment without huge overheads. The added benefit is that you get to mix with people from lots of other business types so you can share advice and knowledge and make your business even better!
Working in a space with music, bean bags, warm lighting, refreshing coffee and a sports table is what young and creative minds dream of.
What if I tell you this dream can be turned into reality? No kidding! Co-Working Spaces entertain this kind of environment. Offering a number of amenities that can fit your budget, these spaces are becoming the hot talk of the metro cities.
What Are Co-Working Spaces?
Co-Working Spaces are exclusive offices, jam-packed with different people, different vibes, different facilities, and special stories to be told. Owners of such places charge a membership fee, which is notably lesser than the rent you’d have to pay for a conventional office space. Besides, it’s a way out from signing a deal for long-term office lease. Different people work in a co-working office: they might be businessmen and their teams, freelancers, entrepreneurs, or interns. All of these different types of workers bring a wealth of experience and differing perspectives to the Co-Working space and aspiring Entrepreneurs, Sole Proprietors or SMEs can benefit themselves from this idea of the shared office and knowledge.
Of course, it’s easy to set up a small home office, but it might not always be the most fruitful option. Working in shared spaces ensures that you’ll always be surrounded by versatile minds & talented teams.
Let’s dig in to some remarkable benefits these spaces offer to Business Entrepreneurs.
Board-in with Pocket-friendly Package
Imagine establishing your business in one of the high end-rented offices and paying pennies. Yes, that’s what working in a co-working soace feels like. It is a luxury in the budget without burning a hole in one’s pocket. Also, you get the benefit of low electricity bills, less maintenance costs and shared salary for workers such as receptionists and janitors.
Get Seated with Customized Working Hours
When you start a business, you might have to work day and night at odd times. For that matter of fact, flexible working hours will be a sigh of relief.
With co-working spaces, employees have more job control and customized work hours. Taking an extended break during the day and modifying work hours accordingly can allow employees to work at their most productive times. A win-win for everybody, right?
Fasten Your Seat Belts with Networking
A traditional office scenario:
“Boss enters. Everyone around wishes him/her and then he/she vanishes behind the cabin door. Limited interaction.”
When you work in co-working spaces, you and your employees will be surrounded by professionals of different fields which makes networking easier. In this case, finding a new client or an investor might be easy.
Enjoy the Meal with Office Essentials
Setting up an office from scratch and arranging the necessary office articles could be a pain. Co-working spaces turn it the other way around.
You don’t have to waste time in arranging a good desk space or a conference room. The nuts and bolts of a perfect office space are already present in such spaces. For example, the printers, coffee machines, the internet, water coolers, microwaves, etc.
Take off with Productivity
To achieve the desired goals, employees, as well as entrepreneurs, readily commute to the distant office. The travel time somewhere hampers their productivity.
Co-working spaces solve this problem. You can search for a location nearer to home to reduce travel time. By having less of travel time to the office, you can stay determined, making sure your work has your full attention.
In the case of businesses, where it is impossible to choose a location that is easily reachable by all employees, you can always pick a central location of the city. That way, everyone could be presented the gift of time.
Land with Work-Life Balance
Working in coworking spaces is enjoyable. “All work no play” is a thing you will never experience in a shared office. Apart from fun, different health, and wellness activities can be held for the benefit of its members. 91 Springboard, Jack Your Startup, Moonlighting and so forth are some examples of cool co-working space.
According to a Forbes article, “Every co-working space has its own personality. That personality may be embodied by the Ping-Pong table in your conference room or the Free Beer Fridays you host. Identify the right fits for the culture you want, and you’ll soon see success all around you.”
Style of working has changed, and the change demands to ditch the old school traditional office system. It’s time to put in some colors to the black and white office culture and make it a place where productivity and creativity can bloom.