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5 Benefits of Coworking Spaces

April 24, 2021 By Contributor

coworking space

Brought to you by Expansive Workspace:

Rather than getting cabin fever working from home or sitting in a dull corporate office, a lot of people are opting to work from coworking spaces. They have become increasingly popular with small businesses, freelancers, and startups choosing to base themselves at collaborative coworking spaces to reap the many benefits.

Great coworking spaces provide excellent amenities and services, carefully designed offices, and a collaborative community, and they can transform businesses in numerous positive ways. This article discusses coworking spaces’ main benefits that are sure to persuade you to join the trend.

1. A Great Networking Opportunity

Shared office space is far more beneficial than renting a private office, as it offers a great networking opportunity. Whether you are a freelancer or run a small business, coworking spaces offer an excellent way to meet new people from different sectors and industries, helping you network, learn, and build your business.

2. Coworking Spaces Can Enhance Productivity

Working from a coffee shop or from home can affect your productivity, leading you to working longer hours. When working from home, there are many distractions, from taking a break to watch your favorite Netflix series to procrastinating with household chores.

Coworking spaces help to eliminate all these distractions and improve productivity, allowing you to finish your work in your planned schedule.

3. They Promote a Work-Life Balance

A healthy work environment should promote work-life balance to help minimize stress and the risk of burning out. Most coworking spaces are excellent in creating this atmosphere by encouraging breaks for recharging and de-stressing.

Most of them provide free-flowing coffee, beer on tap, beanbags, wellness activities, and social events to encourage a happy atmosphere. In addition, most coworking spaces have mediation rooms and end-of-trip facilities like showers, bike racks, and changing rooms to encourage members to walk or ride to and from work to promote a healthier lifestyle.

4. Flexibility

Flexibility is a major reason why coworking spaces are becoming popular. Whether you are a night owl or prefer the stability and structure of a nine to five working day, coworking spaces are available to members 24 hours a day.

Flexibility is also reflected in the ability to move around, scale up or downsize as your business transforms or grows. You can easily change from part-time to full-time, move from desk to office, or add an extra parking space to your package.

5. Risk-Free and Low Startup Cost

A coworking space provides the necessary office space and equipment and eliminates the hassle and expenses associated with renting a traditional office. You don’t have to source for real estate properties, furniture, a contractor to design your office or worry about replacing office equipment.

This is important, especially for startups, freelancers, and entrepreneurs who need to keep the risk and costs down during the opening days of their ventures. A coworking space allows you to focus your energy and spend your money to build your business.

Endnote

A managed office comes with several perks and benefits. Great networking opportunities, reduced costs, improved productivity, and flexibility make a coworking space a worthy investment for freelancers, startups, and small business owners.

Contributor

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