There’s no denying the landscape of business has changed significantly in the last decade. The way we do business is more flexible than ever, and not only the way we do business, but where. People are no longer bound to a desk in a remote corner office of a downtown building. More startups and people are working for themselves, and those people are actively choosing to make their business flexible and sustainable, so that even a company with a small budget can thrive and survive, even while traveling! Keep reading for our top financial reasons you and your business should consider a coworking space.
Category: Shared Office Space
Business meetings are part of the job in any industry. When designed effectively, they can leave you feeling inspired, accomplished, and connected. However, when designed poorly, they can leave you feeling like you wasted your time. According to Doodle’sDoodle’s 2019 State of Meetings report, the cost of poorly organized meetings in 2019 reached $399 billion in the United States.
To help you avoid contributing to this waste of time and money, District Offices’ has gathered our meeting planning intel and shortlisted the secrets to hosting productive meetings— so you can hit 2020 ready to go.
Coworking is no longer the preserve for freelancers and startups. Increasingly, enterprise-scale companies are choosing coworking spaces as a place to call home. Microsoft, Bank of America, Facebook, and Salesforce are just some of the household names leveraging the flexibility, convenience, and built-in innovation of coworking. Let’s explore what’s in it for big business.
Moving offices can be expensive and time-consuming. By choosing a move-in ready workspace in downtown DC, companies and organizations can minimize the time, hassle, and expense associated with moving to a new address.
What exactly is a move-in ready workspace? It’s exactly what it sounds like: a fully-furnished, professional, turnkey workspace with all essential amenities and infrastructure in place and ready to go. All you need to do is bring your team.
As work shifts away from the traditional office-based 9-5, coworking has become a major growth industry. Globally, there are some 2 million coworking members, a number that is rising substantially year-over-year. While the big names in coworking, such as WeWork, have traditionally been a draw for freelancers, startups, and small businesses, there’s been an increasing shift towards local, boutique coworking.
There are several reasons for this trend.
In 1975, Bill Gates started Microsoft as a college drop out with a friend in his garage.
Jeff Bezos launched Amazon in 1994, starting out as an online bookstore. The company was first running out of his garage.
Sarah Blakely, owner of Spanx and now worth 1.1 billion, first ran her company out of her apartment.
Ever heard of Google? The search and ranking software initially started as a project in a dorm room. It’s first big expansion went from dorm room to a friend’s garage.
Apple? Steve Job’s parents’ garage.
Disney? Walt Disney’s Uncle’s garage.
The list goes on and on and on.
If you live in the DC area, you probably already know plenty about the Ronald Reagan Federal Building and International Trade Center. If you don’t, allow us to give you a brief rundown on this unique downtown Washington location and why you want to office there. Spoiler alert: this building is exceptionally ideal if you work in the federal government contracting sector.
Collaboration. Creativity. Motivation. Flexibility. Growth.
These are the qualities any entrepreneur, start-up, or large company wants for their business. And these are the qualities a well-developed coworking space is known to inspire.
When people think of coworking, it’s sometimes only thought of as being for individuals and entrepreneurs. However, coworking spaces are prime spaces to develop team rooms in which your team can thrive no matter the size of your business.
If you’re a lawyer, it’s a sure bet you’ve heard the term “war room” before. It’s that special place where everyone on the litigation team gathers to hammer out details just before and during a courtroom trial, in a coordinated effort to present the best case possible. Though all war rooms are a little different, what doesn’t change is the fact that every war room is a high-pressure environment, with a lot going on.
It’s the central hub for the litigation team in the midst of trial and on any given day, you could walk in and see things like witness prep happening, trial rehearsals, graphic tweaks, and changes to judicial rulings in process. All geared for one goal—to win at court. A trial is high stakes, which means an effective war room has to be properly equipped so that everything can proceed smoothly.
There’s no denying that finding work-life and home-life balance is a struggle for many parents. Moms and dads want to be home with their children, but also have to make space to earn a living. Thankfully, the labor market today is evolving, and there are more opportunities for accommodating work styles than ever before. Many young professionals are taking up the banner of entrepreneurship, starting their own businesses, and opting to work freelance rather than be tied to an employer.