10 Reasons Why Startup Founders Flourish in Co-working Spaces

A co-working space is based upon ease of work culture while expanding your business. A freelancer or startup founder who opt for a co-working space is bound to be benefitted from the facilities such an office has to offer.

 

1.Affordable 

The monthly rent of a co-working space is comparatively lower than that of a regular office. A co-worker who chooses to work in a co-working space has to spend very little because the monthly rent includes supportive facilities like high-speed internet, comfy desks and chairs, a cafeteria, a library, and furnished meeting rooms.

 

2. Diverse connections

A co-working space gives one the opportunity to mingle with a diverse crowd. you will get the opportunity to create a business and a friendly group in which everybody gets to exchange ideas and knowledge. This way, everybody expands their social circle.

 

3. Boosts productivity

Due to the interaction and exchange of business ideas or plans with co-workers, there is an increase in overall productivity. Apart from that, a co-working space provides flexible timings so that a co-worker can book a desk according to their convenience. Flexible working leads to more output.

 

As we know most startups, entrepreneurs and freelancers prefer Metro cities, Tier 1, or Tier 2 cities as working. Day by day rising the price of real estate is making it difficult to purchase or taking on rent an office but on another side in coworking space (Shared office space) Price are seat bases which make the office space much convenient and affordable.

 

4. Flexibility is more effective:-

In the Traditional office market, long-year lease agreements hit companies' decision-making things like moving the location, etc. Most of the agreements are affected with lockin agreements which are the factor difficulty. Along with this on the other side of the table at coworking space, things are totally different. In the shared office space things operating on a monthly basis with no lockIn period.

 

5. No Extra Amenities Give Peace Of Mind:-

At the traditional office owner of a startup, freelancers need to take responsibility for the extra amenities like Tea/coffee, Printer, Wifi, Ac for themselves as well as for their teams. In short Which becomes difficult sometimes even time-consuming. But coworking space is providing these services included free of cost. You just need to focus on your work all other things will take care of by the coworking space. You just need to raise a ticket and your problem will solve within no time.

 

6. Networking open new opportunity of growth:-

 In the traditional office space, only your team is working which has no opportunity for networking. But in Coworking space many companies working under a roof. So you will find an opportunity for networking along with these many coworking spaces to organize events. Therefore open the gate to new growth in knowledge and opportunity.

 

7. For Office Goers

You can save your time by not commuting to the office but working from a nearby co-working workspace. Use co-Working spaces as alternative office spaces for working between meetings.

 

8.Best use of space

A coworking space gives you a creative working environment. it allows you to efficiently utilize your space. As your company grows you can increase space according to your requirements.

           

9.Ready to move in

As most of the startup's founders are bootstrapped ones, coworking space provides them more budget efficient offices with all the basic amenities like high-speed broadband connection, fully furnished space, tea/coffee, meeting room, leisure area for relaxing & most important is 24*7 access to the office space wherein one can work with time flexibility.

           

10. Make Clients Happy

Before the orders start coming in, clients will want to meet you face to face to discuss business. Meeting with clients in a conference room is more professional than at a coffee shop. Moreover, you can always go to clients wherever they are if there is a co-working space in the area.

       

Right now, there is a surge in the concept of startups, so the demand for coworking space has also increased proportionately.

               

As the whole world is evolving at a fast rate. the co-working spaces are the need of the hour because it makes life easier and happy. coworking spaces help in the overall development of the individual and the whole team by boosting productivity and efficiency.

A co-working space is the best place for a freelancer or start-up founders to achieve their business goals.