If you haven’t heard, coworking office spaces are 100% a thing now. And not just a walking around barefoot, playing ping pong in your dorm type thing. Coworking is on the rise and is predicted to hit over 30,000 offices by 2022. This means more locations, more styles, amenities, and companies working to provide business owners like yourself the best.
Why is it so hot right now?
1. More Bang for Your Buck
Renting your own office space might sound like the next step to grow your business. However, it typically comes with a pretty hefty price tag and extra work on your part.
Renting a coworking space can save you tons (as in 60-70%), especially if your team runs under 30 people. You’ll save a pretty penny when it comes to the additional services you have to maintain in a traditional office, such as janitorial, internet, reception and more.
2. Time is Precious
Along with saving money on office management expenses, you’ll save yourself time. Instead of having to deal with property management concerns, you’ll be able to focus on what’s most important: your business. You just drop in and get to work.
3. Save Face
Okay. We might be getting cute with this heading, but it’s also true. Renting a coworking space means having your business operating out of a location that you’ll be proud to invite your clients to. It’s kind of like dressing the part.
4. Built-in Networking
Coworking means you’ll be working in the same business space with other entrepreneurs. These are like-minded individuals all striving towards entrepreneurial success. If you’re not gaining inspiration, you’ll likely end up developing referrals or perhaps even new clients from your coworking partners!
5. Flexibility that Works
One of the biggest benefits to co-working office space is the flexibility they offer. You can choose from shared spaces, dedicated desks, and private offices. Then, whether you’re expanding or scaling back, you’re not locked into the same type of leases as you would with traditional office spaces.
Join the Movement
As you consider what type of space is best for your business, think both about where your business is now and where it’s headed. You’ll likely find that a coworking space is a great place to start.