Why Businesses are Choosing Coworking Space
Coworking has evolved from its humble beginnings. It started as something that resembled an enhanced coffee shop, open communal spaces (typically smaller) filled with friendly freelancers and solopreneurs looking to stave off the loneliness of the grind, working around others dealing with the same things they were.
Today, the coworking landscape is very different. The high caliber, professional coworking spaces have taken things to a level even most Fortune 500 companies would be proud of. Multi-million dollar buildouts. The best Class A office spaces around. Incredible interior design and sometimes outrageous amenities (free beer anyone) have truly solidified coworking as the future of office space for all but the largest of business (and even then, IBM recently took 8 floors of coworking space for their employees from one of the larger providers citing the immediate move in time as a significant benefit compared to locating, securing and building their own). The reality is that for the best coworking operators like WorkLodge, this is what we do, day in day out. We build and create amazing environments for the business community that will grow and work inside them. This is our core competency which is why we do it so well, thinking of details and traditional businesses don’t think of, because they’re too busy focusing on their own business, which is the right thing to do.
Without further ado, here are 10 reasons why you should absolutely consider a coworking space for your next office:
• Location, location, location
The best providers build in the best locations, often in buildings where landlords wouldn’t even entertain a 3,000 or 5,000 sq. ft. lease.
• Time savings
The amount of time it takes to find space, negotiate a lease, deal with lawyers, then architects and finally construction crews is long. Walk into a coworking space today and you’ll probably be working there tomorrow.
• Flexibility
Why pay for more space than you need just in case your business grows. Even worse, what if it doesn’t and you’re stuck paying for that extra space for years to come. Reputable coworking spaces let you flex and grow without penalty understanding that business fluctuates, it’s one of the strongest arguments for their success.
• Community
Human’s need to be around others. We’re built that way, but not just any others, other like minded people. Working in a coworking space breeds openness and connection. You’ll meet other amazing entrepreneurs and business owners, each trying to build their dream. You’ll be able to help them and encourage them through your experiences and wisdom, they’ll be able to do the same for you.
• Cost Savings
Most people think that coworking is expensive but they couldn’t be more wrong. When evaluating the total cost of ownership, the holistic value derived you realize quickly that coworking is underpriced for the value it delivers. For one flat fee you get work space, fully furnished, including all utilities, internet access (& all the hardware needed to make that work), meeting and conference room space, free drinks, events and mentoring opportunities. You also benefit from included facilities management, receptionists, parking (usually) and again, mostly in incredible locations that you simply couldn’t even buy space in if you needed smaller square footage.
Most of all, you get have in-house product evaluators & testers (which saves you money) along with an exponential network of referral sources. Many Lodgers work for free because the business gained outweighed the office cost from business they wouldn’t have seen had they not moved in.
