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.
If you have never heard of HUBZones and have no idea why you should even care, keep reading for a mini crash course. Although getting in bed with the government isn’t always a good thing, in this case, it could be beneficial for you and your business.
What is HUBZone Exactly?
HUBZone is an acronym that stands for Historically Underutilized Business Zone Initiative. It’s a program put into place by the U.S. Small Business Administration as a way to breathe life into rural and urban communities, including Indian reservations, that suffer from high unemployment rates and low incomes.
Coworking spaces have exploded in popularity over the past few years and are almost considered the new normal for most entrepreneurs. As a savvy broker, if you’re looking to make a play in the realm of startups and find the next business superstar, coworking spaces are where it’s at.
They are growing pools of entrepreneurial genius and potential, just waiting to be tapped. By creating solid relationships with up and coming clients in the early stages of their business, you position yourself as a trusted resource when that business grows. Fostering early relationships like this helps make way for more lucrative partnerships down the road.
For the savvy entrepreneur, every activity outside the four walls of their home is a networking opportunity. Coworking spaces are excellent places for connecting with others because there are so many like-minded individuals gathered in one location. It’s a great environment to chitchat, trade ideas, get feedback and recommendations, and cultivate meaningful, authentic relationships.
Think about it. You’re working. They’re working. Conversations start happening and before you know it… everyone is networking, without even realizing it. Although there’s nothing innately better or worse than traditional networking opportunities, you might find the connections you forge are just a little deeper when they happen organically. Forced relationships never go the distance.