Before diving into the topic let us get an idea of what a coworking space is?. A coworking space is a shared office space, where the individuals of different professions work together in complete harmony, and they motivate each other to work towards the betterment of one another.
When you start a new venture, you are already finding ways to cut back on expenses. There are already tons of expenses that you cannot avoid like hiring an experienced set of individuals who would take the company forward, marketing campaigns, buying laptops for the staff, and many more. In the initial stages of the start-up, it is difficult to invest in buying an office for the people to work together.
The concept of a Coworking space or a shared office space comes to the rescue. It is extremely economic. You only pay for the space you use, it can be an hourly basis or monthly depending on the space you are working from.
You can work from home in the initial stages but it will get very difficult in the long run because you get distracted very easily, as there are a lot of distractions. Working in a coworking space is ideal for small business ventures and start-ups. Given below are some other highlights and advantages of a co-working space.
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No Distractions at Your Virtual Office
As mentioned above there are tons of distractions that you can afford while you are at the start of an entirely new venture. You need a peaceful environment to work in. You don’t get a structure when you work from home because it is difficult for your brain to understand it.
How do you expect your brain to exclude your home office from a place you rest, eat, and sleep? When you work from a place where you are supposed to rest your productivity decreases which is something that you cannot afford at the beginning of your new venture.
When you work from a coworking space you are surrounded by people who are dedicated to their work that keeps you focused and helps you deliver better results. It also increases the efficiency of your team overall.
Coworking Space Provides Opportunities for Collaboration
When you work with individuals of different professions like IT training services or digital marketing agencies, you end up making new connections every day which will result in fruitful for your venture in the future.
For example, you started a new website for your business but you are unable to find a decent content writer. You can get in touch with the freelancer working with you, and pay him accordingly. In this way, you are not only helping yourself out but also giving him work. You can take his phone number or email id for future use as well. In this way you can collaborate with a video editor or a graphic designer, whatever the situation may demand.
Affordable and Flexible
As mentioned above, a coworking space is very economical as well. You only pay for the space you use, it can be an hourly basis or monthly depending on the space you are working from. You can work from home in the initial stages but it will get very difficult in the long run, because you get distracted very easily, as there are a lot of distractions, which we have already discussed.
The concept of a coworking space becomes essential for a small business or a start-up because when you start a new venture, you are already finding ways to cut back on expenses. There are already tons of expenses that you cannot avoid like hiring an experienced set of individuals who would take the company forward, marketing campaigns, buying laptops for the staff, and many more.
In the initial stages of the start-up, it is difficult to invest in buying an office for the people to work together. When you are starting a new venture, you put your heart and soul into it for it to flourish, for doing that there are times where you need to pull an all-nighter or work for long hours without taking any breaks. A coworking space gives you that advantage, as you are paying for the space you use you don’t have to worry about flexibility.
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Professional Environment at Shared Office
When you work from home there is no structure or professionalism in your work, and that reflects. But when you work from an office, it increases your productivity because when surrounded by individuals who are dedicated to their respective tasks you are motivated as well. It makes taking important decisions very easy.
For example, you need to make an important decision and you need to call for an urgent meeting. If you are together you can easily decide in no time. But when you are working from home it is difficult to gather people together to discuss something it may be important but it is difficult to understand the seriousness of the situation, but when you are together you understand the seriousness of the situation.
Free Amenities at Your Virtual Space
An individual working in a coworking space gives you a lot of free amenities like a coffee machine, free subscription to various magazines, free beer and wine, a microwave, and access to the kitchen as well.
This makes working for a longer period easier as you can use these amenities whenever you want because you are charged for them. You can also pull an all-nighter if you get access to these hidden features.
This concept of coworking space is becoming very popular in a lot of states and countries across the globe. It is very economical and increases your productivity overall and makes your work easier.