It has not been too long that coworking came into existence. It is interesting to note that within a few years, coworking has grown many folds and continues to grow exponentially. It won’t be wrong to say that it all started from WeWork and today we have many companies like WeWork that are helping entrepreneurs get a swanky office at affordable prices. Let us look into 10 most amazing coworking benefits.
Flexibility in working
The environment of these working spaces is very flexible and there are no strict rules to follow. A member can book the desk he desires and work according to his own will without having to be accountable to anyone. It is easy to scale up your office space if your team grows by switching plans which can be done easily without any chaos.
Prospects of better networking
Coworking spaces are way better than renting private offices as it offers you with opportunities of networking. Meeting new people from different backgrounds is always a great way to grow and gain more knowledge. When many goal oriented and accomplished people share the same space at work, there are chances to meet great thinkers, established businessmen and entrepreneurs.
This gives you an added benefit of outsourcing to these people who may be able to help you with your projects.
Also Read: 10 Famous Startups That Started From Coworking Spaces – Uber, Instagram & More
Less office expenditure
Coworking spaces give entrepreneurs and young startups an opportunity to work in a fully equipped office without having to worry about setting up their own private office. Establishing an office can be a tedious task which requires a lot of funds. One major benefit of coworking is that it is the best way to work in an office with minimum investment. By working in a coworking space you can operate your business without indulging in expenses that come with setting up an office.
The members can avail the office facilities with flexibility in membership pricing as per their preferences. Also, via coworking (virtual) offices, you get to have a business address which is very important to send and receive mails.
Promotes business growth
At shared office spaces, one can grow their business at a faster pace along with availing the other benefits of coworking. Better connectivity and networking with people around you will bring in more ideas and work for you, giving you a chance to expand your business. There is a possibility that the people with whom you are sharing the office space may become your clients or provide you with references.
Coworking with like-minded people
Those who work from home somehow feel that they cannot concentrate on their work because they are at ease or may feel isolated. Socializing with like minded-people and creative minds is equally important to clear your vision and reach your goals easily. This kind of workspace gives you the liberty to be part of a community and interact with them to understand the importance of engaging with other people and exchanging ideas.
Collaborations & learning new skills
Coworking spaces support regular community events and programmes conceived, designed and developed to facilitate its members in a way that he/ she gets to learn new skills till the time they are a part of that place. These shared office spaces help their members to collaborate with other people so that there is a constant workflow for one and all.
Well, this is an interesting benefit of coworking. Who says that emotional support can be found only with family and friends? These coworking hubs that offer shared office spaces also share with you your high and lows in life. The spirit to follow your dreams and face the challenges is what connects all the members of this community. By conducting social events and other activities on a regular basis, this place helps its members to relieve their stress and negativity.
More productivity, more success
Gaining leads into your business will keep you occupied making you more productive while simultaneously reciprocating it with your high income and growth rate. Working with like-minded people will make you work on your toes which will create a seamless workflow increasing your talent, skill and productivity. This way you will not be able to only seek self-contentment in life but will emerge as a successful person both professionally and personally.
Enjoy personal space with professional engagements
You must have heard that ‘All play and no play makes Jack a dull boy’. Well, that is true. To break the ice of monotony and boredom, it is very important to grow mentally stronger and to concentrate on work. Unlike any other corporate workplace, why coworking works is because this space facilitates you to have some recreational time and space to de-stress yourself from work. Table tennis, air hockey, chess and a lounge area to relax and listen to music between working hours is the best feature that accompanies coworking spaces, which promotes balance in work and life of every individual. Coworking benefits. Right.
Inspiration / mentorship
Coworking spaces are shared office spaces where numerous professionals, startups, freelancers, artists and entrepreneurs meet and collaborate to help each other in growing their businesses. They share a common platform and somewhat have the same goals, ambitions and challenges in life. In this place, like-minded people unite together to use their creativity, intellect and motivation to live their dreams in reality. The people working in the shared office space are an inspiration for each other and mentor each other as they go along the way.
These 10 benefits of coworking spaces refer to the increasing popularity of these workspaces and the fact that it has become an attractive option for the growing startup businesses.