Coworking spaces allow independent professionals to rent desks and avail for working purposes while availing various benefits available at the workspace. As a growing trend in the evolving nature of work culture, the major beneficiaries of this new trend and style of working are freelancers and young start-ups. Instead of having no choice but to work from home, they can now enjoy the convenience of office space for their business.
There are several benefits attached to coworking, ranging from increased productivity to happiness, and plenty in-between.
Here Are the Top 10 Benefits of Working in a Co-working Space
1. Growth & Productivity
Coworking space offers the right environment to focus on your work. It creates the right energy and mindset as a result of interacting with other professionals. The office environment with its easily available amenities allows you to focus solely on your work. Interacting with other professionals will also inspire you and will bring in more ideas and work for you, giving you a chance to expand your business.
As per Chelsea Strickland, [Source (1)]
“Less formalities and distractions, more productivity. Being surrounded by other hardworking professionals like you can also give you that extra boost of motivation. You’ll also have access to professional amenities like fully equipped conference rooms that will help you make the right impression all while increasing your productivity.”
2. Networking Opportunities
Coworking spaces are full of independent professionals. You can find a friend, business partner, or freelance worker you were looking for with a simple conversation in the break room. A shared workspace is all about communities, and meeting and interacting with new people from different backgrounds is always a great way to grow and gain more knowledge.
3. Better work/life balance
One of the dangers of working from home is not being able to separate work from home. On the other hand, with a coworking space, you will be traveling to each day, which will help you mentally isolating the work from home to enjoy a better work/life balance. It is also best to switch off at the end of the day and relax at home.
4. Increased Job Control & Flexibility
A coworking space allows you to decide when and how you want to work. If you want to work during the day, but tomorrow during the night, it is possible with a coworking space. The membership plans are also structured such that it can be molded to your business requirement. They allow a month to month membership plans with the choice of the type of desk you prefer to work from, for example, a hot desk, private desk, etc.
5. Sense of Community
One of the greatest drawbacks of working from home is loneliness. It creates a sense of isolation which can directly affect your productivity. Coworking spaces are a great solution for this feeling of disconnection. In a shared workspace you work alongside an entire room of other coworkers. Although the room is full, it is not a source of distraction because you chose when and how to interact with other members.
6. Central Location for Clients
Having a proper office with access to meeting rooms increases the credibility of your business in front of prospective clients when they come in for meetings. The meetings are a lot less stressful because you are in a meeting room instead of a coffee shop at a central location in the city that is easily accessible.
7. Cost-Efficient
Renting an office space on a per-square-foot basis can sometimes be very expensive. On the other hand, a coworking office space is much more affordable and flexible with their plans. Their flexible membership plans allow your business to grow at its own pace without having to sink money into lease-breaking fees. Renting a coworking space also allows you to operate your business without the expenses that come with setting up an office.
As per Sneed, [Source (2)]
“An amazing way to cut down on expenses is to hire a coworking space instead of setting up a separate office for the employees and management. Coworking spaces are the order of the day, and their popularity is growing with each passing day.”
8. Collaborations & learning new skills
A coworking space is an ideal environment to collaborate with talented professionals. You can pick up new skills by simply collaborating with someone across the desk that has a completely different skill set than yours. Working with such distinct professionals can change your mindset and help break through the roadblocks of a project you have been working on for months easily.
9. Well-equipped
Coworking space is filled with freelancers and other independent professionals who commonly work from home. It is highly useful for them because of the several amenities it has to offer. A coworking space has meeting rooms, communication technologies to reception services, mailboxes, workout spaces, food services, and many more amenities to support a growing business and its professionals.
10. Structure
A coworking space provides the structure that a freelancer or employees of a start-up are missing in a work from home setting. It cuts down distractions like the TV, pets, kids, etc. are common at home. In a coworking space, people respect your privacy which can help you get work done faster and more efficiently.
Conclusion
Coworking space has proved extremely advantageous to freelancers, start-ups, and other independent professionals. The office-style environment fosters autonomy and productivity that a professional is looking for at a great price point.
As per Alycia Gordan, , [Source (3)]
“A survey conducted on coworkers helped discover some surprising findings. For starters, 68% of the group was of the opinion that they have better concentration at work when they are working from shared office space. Similarly, 70% said they felt healthier than they would in a traditional office, and 91% admitted that their communication skills had improved.”
Source Links:
Source1 – https://www.alchemycw.com/7-benefits-of-coworking-spaces-3/
Source2 – https://sneed.in/blog/top-7-advantages-of-coworking-spaces/
Source3 – https://www.coworker.com/mag/5-lesser-known-benefits-of-working-in-a-coworking-space
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KISS PR based at Venture X Dallas offers various opportunities for small to large businesses.
Sources:
https://www.youtube.com/watch?v=8AJnQIWfdxQ
https://www.coworker.com/united-states/texas/dallas/venture-x-galleria-village-on-the-green