Coworking Spaces Are Best Suited For Start-ups, Freelancers, Small and medium companies etc. |
Posted: December 5, 2018 |
Coworking is the new mantra that defines how the millennial generation likes to work. As more and more people belonging to various professional segments are realizing the advantages of shared office spaces, this creative and nurturing work culture is rising to popularity. As a result, coworking is becoming the new normal for everyone. Let’s take a look at the diverse groups of professionals and independent workers who benefit from co-working spaces. 1. Start-ups Coworking spaces make a great choice for start-ups because of three primary reasons - cost, flexibility, and networking. Most start-ups do not start making profit from day one. So, opting for a coworking space instead of renting out a traditional office can help them keep costs under control. That’s not all! Such offices give them the flexibility to expand or downsize the team without having to worry about the space. Finally, such offices offer start-ups the opportunity to expand their network and form genuine connections, thanks to the professional diversity of people working there. 2. Freelancers While freelancing comes with the advantages of being your own boss and deciding your own work hours, coworking spaces ensure that you can carry your work out in a professional environment and minus the distractions. These offices also help you bring in a sense of discipline and enable you to draw a line between your work and personal life. The best part is that you can still feel part of a community and connect with a diverse group of professionals on an everyday basis. This not only helps you reduce the loneliness of being a freelancer but also boosts your professional opportunities to a considerable extent. 3. Entrepreneurs For an entrepreneur, coworking spaces come with several benefits such as location, facilities, cost-cutting, and networking, to mention a few. For starters, neighborhood offices allow you to select a space near your home, where you can reach even on foot. For instance, if you are staying in Gurgaon, you can opt for a shared office in Gurgaon and save on the travel time. Also, you won’t have to invest in facilities because coworking packages typically include internet, printer, coffee, conference room, and many other amenities. Additionally, you stand to gain valuable contacts from the other coworkers as the sense of competition tends to be non-existent. 4. Small and medium companies With costs of real estates on a steep incline, renting an office in a prime location can drain out a major chunk of finances for any small and medium size company. However, such companies can have a professional setup in any prime location at a fraction of the costs if they opt for shared and neighborhood offices. For instance, coworking in Gurgaon will cost them much less as against renting out a traditional office in such a business hub. Also, they can scale up or scale down without having to worry about space constraints. And the best part? Small and medium companies can attract young talented professionals to join their team, thanks to the flexible working environment in coworking spaces. 5. Big Corporations Coworking spaces are ideal for big corporations as well. To begin with, they can have offices in multiple locations, minus the cost burden of setting up and managing such offices. The flexibility of coworking ensures that they derive better productivity from their workers. Such set-ups help with retention as well. Easy access to innovators and enhanced collaboration opportunities are among the other major benefits of shared offices for big corporations. 6. Non-profit organizations By opting for a coworking space, non-profit organizations can utilize more of their funds on their programs rather than spending them on managing a traditional office. Moreover, shared offices have a certain positive vibe that can keep members motivated. The biggest plus point, however, is that such spaces can enable non-profits to collaborate with others and extend the outreach of their services. 7. Female businesspersons It is a known fact that the current society, work culture, and institutional structures favor men more than women. From finding an office to getting funds and building the brand, women entrepreneurs struggle twice or more than their male counterparts. Coworking spaces offer them a ready-to-use office space along with facilities and vast networking opportunities. This helps them manage their finances better, thrive within a nurturing community, and establish their brand with utmost focus. To put it all together, coworking spaces have something for everyone. So, whether you are an individual trying to establish your professional expertise in a specific field or owner of an established company wishing to spread out its horizons, coworking spaces are your best bet!
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