Working from home seemed like the ultimate dream, right? No commute, total control over your environment, and maybe even working in pajamas. One of the biggest lies we told ourselves is that remote work fixed everything.
The reality can sometimes be a little isolating. Because of that and many other reasons, coworking spaces have entered the conversation and it turns out there are several solid benefits of coworking spaces. Some we’re more aware of, but others may shock you.
Table of Contents:
- The Shift to Coworking
- Enhanced Productivity: The Hidden Key in Coworking
- Flexibility & Cost-Effectiveness
- Learning & Mentorship with the Benefits of Coworking Spaces
- Boosting Work-Life Balance
- Technology & Innovation
- Expanding Into Suburban Areas
- Conclusion
The Shift to Coworking
The rise of remote work changed things. Professionals started to seek alternatives that blended the flexibility of working from home with the structure of a traditional office space.
Enter coworking spaces. These shared office environments give a place for a wide variety of workers from diverse professions to collaborate.
One company specializing in this shift to coworking is SUCCESS Space®.
More Than Just a Desk
Coworking spaces offer flexibility that home offices cannot. Need meeting rooms for an hour? Or, is a quiet desk what you crave?
Coworking setups cater to varied needs. This can include access to high-speed internet, or the professional environment for those Zoom meetings with clients and partners.
Networking Opportunities
One significant perk that coworking delivers is easy and simple networking opportunities. The spontaneous encounters with diverse professionals can lead to partnerships and even investment potential.
Forbes reports the potential these casual exchanges bring to growth by connecting like-minded individuals. Here you find entrepreneurs from all types of industries with varying skillsets.
Enhanced Productivity: The Hidden Key in Coworking
Many might consider home a haven, but it’s also full of distractions. Kids needing help, laundry piling up, the neighbor wanting to chat. Distractions kill deep focus.
Coworking spaces like SUCCESS Space® help people build structure into their day. This comes through the separation of work life and home life.
Focus and Collaboration
A workspace boosts productivity by minimizing those common home interruptions. Plus, it can be inspiring being among other dedicated people working toward a goal.
This type of shared setting will encourage a sense of professional energy in many remote workers. Some studies also show that this type of motivation increases focus for a more collaborative output.
Flexibility & Cost-Effectiveness
Renting a traditional office requires some planning and costs for furniture and operational costs. Traditional options can also demand lengthy commitments that don’t work for new businesses or growing start ups.
With a variety of flexible, and often even on-demand, plans, this allows businesses, freelancers, and those learning how to start a side hustle, to avoid those high overhead costs. This helps in maintaining budgets, so more cost-effectiveness gets passed on to consumers.
Added Amenities Without Added Cost
The costs of running an office can be a bit ridiculous. Between printers, internet access, office supplies, and then also needing cleaning products for daily use, it can be very costly. Costs go up even higher.
Many shared spaces take care of those needs so people can focus on growing their business instead of those worries. Consider what this is like having everything taken care of and readily available, almost always with some customer support person who you can call for help.
Learning & Mentorship with the Benefits of Coworking Spaces
One area people do not often consider has to do with the education that takes place in shared areas. Here there will often be planned workshops, speaking presentations, or mentorship options like with SUCCESS Space’s certified coaching.
These opportunities become helpful learning avenues. Those can sometimes also develop into partnerships and joint ventures over time.
Broadened Perspectives Through Community
Interacting with different industry people helps share different thinking approaches. It also offers ways to explore growth methods for one’s brand.
It gives fresh insights that would be difficult to receive otherwise. All these aspects together promote creativity when running a business from a coworking space.
Boosting Work-Life Balance
Setting up shop in a coworking space aids in maintaining work-life boundaries. These spaces can often help compartmentalize the difference between working on your company, versus having time to grow yourself.
Coworking helps avoid that burn out feeling when living a WFH lifestyle. It is a simple commute to a different spot that supports “switching off” from the family when in business mode, but allows for mental rest when back in your family space.
Reduced Isolation and Increased Well-being
Loneliness and a sense of separation are the less spoken concerns related to remote working, yet they deeply matter to professionals.
Coworking helps people develop stronger bonds with each other and business professionals. Even just having short random encounters that grow connections help make someone feel “a part” of something.
Technology & Innovation
Coworking environments offer technology in their operations to help bring down expenses. Modern designs come fully equipped to help professionals run better businesses.
Consider even things like SUCCESS Space’s virtual environment that’s setup using a technology they call SUCCESS World. Here users meet using technology in an online meeting platform, further driving efficiencies.
Access to Tools
Most shared work setups today already integrate leading innovations as they design operations for each office location. Having a plug-and-play system brings simplicity when running operations and serving a market.
Think also about not only saving on furniture and maintenance fees, but also hardware costs, like wifi access. Savings are also found with a business line with unlimited use and advanced teleconferencing functionality. It goes without saying there’s savings for even office kitchen and restroom supplies.
Expanding Into Suburban Areas
Coworking trends expanded over the years. But more of this growing growth happened mainly in city locations.
Companies like Entrepreneur Handbook have done amazing things showing the availability in a city like London in their reporting of coworking spaces. New coworking business models also focus on localizing that impact of growth further by having space located more outside of large cities.
Convenience Meets Community
Setting up outside the city delivers advantages of reducing commute times to larger buildings that require lots of time wasted parking in overly large structures. By being in locations where clients and team members can more easily locate makes things so much less stressful for professionals.
Locating outside of cities often brings new professional engagement to a community of local customers and neighbors.
Conclusion
Choosing shared office spaces offers a lot to various professional industries. But with locations like those set up with SUCCESS Space® and the future of coworking it shows another level to it.
Those spaces help give access to needed services while not giving up quality. For businesses in 2024 and beyond, coworking spaces offer a blend of office features and the opportunity for growth and learning, while promoting work-life balance. More professionals discover these amazing benefits of coworking spaces as companies target further growth more locally too.
