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Coworking spaces function much like general offices but without the usual dryness. A Coworking space will almost always be buzzing with life and excitement. Everyone who works in these spaces has chosen to be there because they like that particular environment and the unique kind of culture they provide.
The basic idea is that you are sharing office space with people who are not necessarily your co-workers. Not only are these spaces cheaper, but they also come with great amenities on top of the various different professional you will meet and work.
Imagine a cross between an office and a coffee shop. That is basically what a Coworking space is!
There are many different types of business that use these spaces. There are advantages for each of them:
|Co-Working Space||Best For|
|The Great Room||Business Meetings|
|The Hive||Flexible Rates & Packages|
Obviously, you need to choose a space that conveniently located. There isn’t much point in renting one that forces you to travel a long distance just to make use of it, is there? If you travel by car make sure the space provides parking.
Your ideal space should meet your desired monthly budget. Simply dismiss spaces which are too expensive. This will greatly limit the number of options you have, making it easier to choose from them.
How much space do you require? Do you need separated offices for you and your staff or would an open area with a meeting room suffice? Every space is designed differently. It is therefore a good idea to book a tour with preferred provider and review options before deciding on a space.
You may want your office space to have an extended social and/or community aspect to it as well. If you are looking into renting one consider the relevancy of other tenants to your business and if the space runs regular community events and gatherings.
Another major factor is the time you plan to stay in your respective Coworking space. You may only want to be there for a few days. Then again, you may wish to rent that space for many years. Make sure you determine the rental length before deciding.
Most Coworking spaces have essential amenities, such as WiFi, printing, pantry etc. However, if you have any specific amenity requirements, be sure to include them in your search filter.
Many different groups can benefit from Coworking. Anyone from a single freelancer to a large company can make good use of it. Many thought that Coworking would only fit small businesses. However, time has shown that it’s popular with many different types of professionals.
Coworking helps you in many aspects of your work from networking to establishing a brand-new business. It provides you with a professional work environment where you can achieve whatever goal you have with as much efficiency as possible.
You should consider a location which is in close proximity to your home and that of your colleagues if you have any. The other main factors to consider are available facilities and pricing, as perks and benefits vary based on provider.
One of the major differences is the duration of your lease. Instead of years, most leasing terms tend to run on an hourly, daily, or monthly basis. On top of that, you can typically lock in your lease within a month or so.
The rent cost is also a little different from conventional leasing options. You pay a set amount based on the square foot area that you will utilize.
The easiest way to find one is by comparing the most popular providers via ROSHI.
Typically, this will help you find the ideal co-working space.
You could also ask someone you know who has used one before or if you don’t know anyone inquire with other small businesses which are currently renting one. It is best to ask businesses that operate in the same space or industry as their business requirements will be similar to yours.
Check out our tips & hints which may help you decide on the right space for you.