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The Benefits of Co-Working Spaces

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A co-working space refers to a shared office space. Often used by freelancers, start ups and small companies, they can be a great alternative to a conventional office. According to coworkinglondon.com, the number of members of an average co-working space has increased by around 30% in the last couple of years, as well as the number of co-working spaces doubling. Between 2014 and 2015, there was a global increase of over 200,000 members of co-working spaces. It is thought that this trend is connected to the growing number of freelance workers, as well as people working remotely.

Other than the increase in freelance and flexible workers, what are some other reasons that co-working has become so popular? Why choose a co-working space, as opposed to a “normal” office?

 

Flexibility & Price

Paying to rent a whole office can be very costly, particularly for a start up or a small company, so co-working spaces can offer a cheaper alternative. Rather than signing an expensive long term lease, a space can be rented for a few months, weeks, or even days.

On the whole, co-working spaces are very flexible, for example, the amount of space/number of desks needed can be altered as the company changes.

Lots of co-working spaces are also open 24/7, which provides individuals with flexibility when it comes to working, rather than being stuck with the usual 9-5 working day.

 

Accountability

Working from home can come with a multitude of distractions, from family members to household chores, sometimes it can be difficult to stay focussed. A co-working space offers a distraction-free zone, and being surrounded by like-minded people can help you stay accountable. Research suggests that people using co-working spaces may actually work more effectively than working from home or in a conventional office.

 

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Networking

There’s no doubt that working from home every day can lead to feeling lonely. Co-working spaces offer an opportunity to connect with like-minded people, which can also be a good way to network. Your co-working space could be filled with future clients, suppliers or even business partners!

 

Certainty

Working from a coffee shop can be a nice change to working from home, but with it comes a certain amount of uncertainty - will it be too noisy? Will the WiFi be quick enough? Will there be enough space? - All of these uncertainties can be stressful and counterproductive. Working from a co-working space, however, provides a professional working environment. You know exactly what you’re going to get.

Most co-working spaces also provide free amenities, such as coffee, fridges and microwaves. Compared to 2 or 3 coffees a day from a coffee shop, working from a co-working space may actually save money.

 

Break Out of Your Comfort Zone

Working from a co-working space means you will likely be working with people from a whole range of different job backgrounds. Unlike a traditional office, where different departments may be located in different places, co-working spaces consist of individuals from a whole range of companies and departments. These interactions with people you may not usually interact with could help you discover a whole new range of ideas.

Lots of co-working spaces organise different events, from networking drinks to meditation and yoga, so as a member you could have easy access to interesting events and educational opportunities.

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Click here to read more about our clients, BE Offices, who own and operate over 700,000 sq ft of flexible office space across London and southern England, and how they installed TopBrewers to complement their corporate working environment.

For more information about how the TopBrewer can transform your co-working space, contact us.

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