Launching a new business can really be fun and daunting in equal measures – and this, depending much on the factors at hand. One of these factors is the challenge of getting an office, especially if you are starting from scratch. You may have the option of working from home, but this may make you feel uninspired and isolated, and if you work in a team, having all of your team members work from their home, well this can diminish communication, thus can lead to a negative long-term impact on your startup’s end-goals and productivity.
Traditional offices are expensive to lease, and perhaps not the best option for when you are running a startup business. As an alternative, a coworking space is an excellent option, not only because they are more affordable, but because they also offer many amenities that will surely boost your business’s productivity. Let’s break it down in further detail:
At coworking spaces you and your team will meet like-minded individuals, and you will be able to network with professional and freelancers that could help your startup grow. Research shows that most startups thrive where there is collaboration, in a collaborative environment workers learn useful skills from each other, and they can also bounce off ideas from each other more easily. When compared to the traditional office, a vast majority of startup coworkers have expressed that they were able to better build their self-confidence thanks to the supportive and collaborative culture of a coworking community.
Flexible Memberships & Great Amenities
Another major advantage of a coworking space is that they offer highly flexible memberships, where you can pay on a month-to-month basis, hence you do not have to commit to a long-term lease. They also come with a number of amenities such as printers, free beverages, lounges, meeting rooms among others. With these flexible contracts and wonderful amenities, a startup can surely save crucial financial resources, and invest them in other initiatives.
Most startups are usually uncertain of their size when they start. With time, some of them are forced to resize leading to a change in office space needs, the flexible terms that coworking spaces offer adequately address this particular need. In addition to that, coworking spaces are usually open 24 hours a day, thus ensuring that workers can better allocate their work-life balance.
People in Coworking Spaces Find Their Work Meaningful
At a coworking space, workers are able to leverage from the others in a collaborative way, and as result, they are more likely to find meaning in their work.
There is also social dynamic to a coworking space, and because socialization can build meaningful relationships, the experience of a coworking space can help inspire the worker. Coworking spaces are also ergonomically designed, thus meaning that the furniture and office layout is meant to optimize comfort, thus leading to better and more meaningful work.
In order for start-ups to fully develop and grow, they need to find ways in which they can keep their employees happy and productive. They also have to be creative in order to compete and to become a leader in their market niche. By choosing a coworking space, startups can save resources, improve collaboration, create more meaningful work, and most importantly grow.