Location
The location of a coworking space is crucial, regardless of whether you’re a CEO overseeing 1,000 employees or a freelancer looking for a desk. Although the best coworking space may not be the one nearest to you, it should be easily accessible by car, bicycle, or public transit. A well-located coworking space may make all the difference whether your objective is to recruit new employees, create waves in a new location, or network with like-minded coworkers.
Facilities
Although first-rate facilities may seem like a pleasant extra, they can really make a coworking space stand out. While printing facilities, dependable Wi-Fi, and unlimited free coffee are a wonderful place to start, take other factors into account before choosing. For instance, having outdoor space is a huge benefit in cities, and having knowledgeable personnel on site and well-thought-out meeting spaces helps you project a professional image to potential clients.
Adaptability
Before determining whether to undertake a more permanent expansion, huge enterprises may use coworking spaces as a first step in a new market. To provide your firm the flexibility it needs to deal with unforeseen circumstances and to readily scale up or down to accommodate your shifting priorities as the business grows, make sure the coworking space you select offers a flexible, short-term office lease.
Spending limit
Coworking spaces may be a cost-effective choice for companies wishing to relocate or grow because they offer furniture and facilities and cover unforeseen costs like maintenance. Which coworking spaces are reasonable for you and your team will ultimately depend on your budget, but keep in mind that things may change as your business expands or contracts. This is another situation where having a flexible lease may be quite beneficial.
Individual privacy
A certain level of confidentiality and privacy may likely be necessary while you interact with clients and do business in general, depending on the nature of your employment. Smaller teams and individual employees may benefit from private, lockable offices or bookable conference rooms inside a larger shared workplace, but open plan offices and flexible desk arrangements are a possibility for businesses big enough to be able to lease an entire floor.
Coworking’s Future
There will probably be more freelancers and entrepreneurs making the transition as young people continue to discover that they don’t have to follow the crowd and take a more conventional route in their professions.
Technology, awareness, and opportunity will drive this. For those starting their careers now, coworking will become the new standard.
It’s improbable that everyone will eventually work as a freelancer or that coworking spaces would supplant office buildings in general. Big businesses will still prosper and new ones will be created from the bottom up, but they could put more of an emphasis on providing benefits like remote work when it’s feasible than on maintaining centralized offices.
In the United States alone, there were about 57.3 million independent contractors in 2017. By 2027, it is predicted that most Americans would work as freelancers in some way, including part-time freelancers who have a side employment.
Is Coworking Something You Should Try?
The best course of action if you’re interested in coworking is to just give it a try. Don’t be worried about social duties if all you want to do is walk in, finish your work, and then go. It is comparable to the gym.
No one will bother you if you are in the zone since everyone is there to accomplish a very particular objective. You can create a coworking community and meet some fantastic local business owners if you’re willing to talk and be contacted.
If your business, startup, software, blog, or anything else you’re working on seems to be stagnating, Coworking for a while can be just what you need to get things going again.