Benefits of a Coworking Space
● Collaborative: Coworking fosters a sociable and collaborative work environment, allowing you to network with like-minded individuals. There is a great sense of community, as occupants can work independently or engage with each other as much as they want.
● Cost-effective: Coworking offices provide flexible short-term leases, which help you to keep your budget in check. When leasing a space like this, you only pay to use it at a time that suits you – from one day a week, to full-time. You also only pay for the space you need, which can be as simple as one dedicated desk. There is zero capital outlay, and no exit cost.
● Flexible: Coworking spaces provide 24-hour access, so you and your team won’t be restricted by conventional office hours. Contracts in coworking setups are available for terms as short as one month, and there’s plenty of flexibility to expand your chosen contract at short notice.
● Fully equipped: A coworking space is a place where you can get things done quickly and efficiently. The workspaces are fully furnished and pre-cabled, so there’s no need for a time-consuming setup process. You can move in on the day you sign your lease and get right down to business.
Overall, coworking spaces help to improve talent attraction and retention, which is essential for a successful business.
Who Uses Coworking Spaces?
Coworking offices used to be associated with start-up companies and creative freelancers, but large corporates are embracing the opportunity for flexibility as well. Digital nomads, remote workers and businesses with small budgets will be right at home in a coworking office. They also provide the opportunity for corporates to work globally, with space for remote teams and the contingent workforce. Coworking memberships can range from day-by-day to a year, providing the ultimate in flexibility.