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7 Advantages of Coworking Spaces You Should Know About

People working and coworking in tech incubator

 Coworking spaces provide the perfect alternative to working from home, coffee shops or leasing an entire office. Having grown in popularity in recent years, more and more people have been discovering the advantages of coworking spaces and the flexibility they offer. From freelancers to start-ups and even established businesses – there’s no limit as to who can benefit from coworking.

Whether you’re a business owner or freelancer, these are some of the biggest advantages of coworking that may convince you to venture outside your home office.

 What are the Benefits of Coworking Spaces?

 From reducing working from home loneliness, to providing freelancers and business owners with more freedom and flexibility – these are some of the biggest advantages of coworking spaces you need to know about. 

Increased Sense of Community

 Whether you’re a business ownerrenting office space for you and your employees, or a freelancer renting a desk on those days when you want to get out of the house, one of the main benefits of coworking spaces is that they provide a sense of community.

 Although you may see different faces each time you visit, there will also be lots of coworking regulars, which will provide an increased sense of community, especially with shared areas such as lounges and communal kitchens. Additionally, many coworking spaces offer community events, allowing you to get to know your fellow coworking colleagues a little better.

Ample Networking Opportunities

 As well as a sense of community, coworking spaces also provide ample networking opportunities, which is great for growing businesses.

 From chatting to likeminded individuals in a communal kitchen, to sitting next to an inspiring freelancer at a hot desk, coworking spaces are the ideal environment to build business contacts which may come in useful further down the line.

More Flexibility

 With a shift towards more flexible working, people are seeking work patterns which can adapt to modern lifestyles. Whether people work better in the evenings, prefer to work from home a few days a week, or even want to do half days in the office to accommodate childcare, coworking spaces can provide the flexibility required to allow people to tailor their work schedule around their lifestyle.

 Some of the best ways coworking spaces provide flexibility include:

  •     Desk space which is bookable by the hour

  •     Flexible contracts

  •    24-hour access to desk space

  •   Access to offices across multiple locations

So, if you lead a busy lifestyle, or your work patterns can vary from day to day, coworking spaces may offer the flexibility you require.

They May be More Cost Effective

 Renting office space can become expensive. Not only are you often tied to long contracts, but with an increase in hybrid working, some desk space is often left unused. 

However, thanks to the flexibility of coworking spaces, businesses may be able to save money on office space. From renting an office for just a few days each week, to hot desking as and when it’s required, coworking can work out to be a much more economic option, leaving you with more money to invest back into your business.

Coworking Spaces are Great for Start-ups

There are so many advantages of coworking spaces for established businesses and freelancers alike, but there are so many benefits of coworking spaces for start-ups too, including:

  • No overheads as there would be in a traditional office

  •  You’re not tied to a fixed contract

  •  There are plenty of networking opportunities to help grow a new business

  • An office space can make the business look more professional and established

  •  Access to amenities, such as meeting rooms and business support programmes

  •  It may be more cost-effective than renting an office

 So, if you’re running a start-up and thinking about branching out and renting office space, then coworking might just be the best option for you.

They Can Reduce Loneliness

 Whether you’re a freelancer or working for a remote-first company, sometimes working from home can become a little bit lonely. However, thanks to the flexibility of coworking spaces, they can help to alleviate loneliness or working from home fatigue as and when they’re required.

 From renting a desk for a couple of hours a day, to working in a coworking space for a few days a week – it can help to avoid burnout by providing you with just a little bit of human interaction from like-minded people and add a bit of extra enjoyment to your working day.

A Better Work Life Balance

 Whether you’re a strong working from home advocate, or being forced to set up your desk on your kitchen table filled you with dread – it’s no secret that working from home can create a less than ideal work life balance.

 Not only does working from home make it difficult to switch off, but it also makes it hard to separate work time from relaxation time – especially if you’ve not got a dedicated home office. However, a coworking space provides you with a space to work from, allowing you to get out of the house, remove all other distractions and make it more likely that you’ll log off at a reasonable hour.

 From reducing loneliness to providing a better work life balance, there are so many benefits of coworking spaces which are often overlooked. If you think coworking might be good for you or your business, get in touch with our team today to discuss your requirements, so you can reap all of the benefits in no time.

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