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8 Advantages of Shared Offices

Today, businesses are changing the way that it conducts business and even the locations that are used to working. Indeed, co-working areas are fast becoming a viable option for companies of all kinds. But, many companies remain cautious in the matter of co-working spaces.

Shared offices aren’t just for freelancers or entrepreneurs. It is true that multinational corporations are beginning to recognize the benefits in workplaces that are shared.

The amount of companies using shared workspaces are expected to rise in the coming years. Why is that? This is a question we’re here to help you find the answer.

Coworking spaces provide a variety of benefits to both employers or their staff. Let’s examine the main factors that make coworking a very popular.

1). The Old Proverb is “Time is money”

If you’re in the business of running it then you’re aware that the old adage is valid. Actually, co-working space can be beneficial for companies that adhere to agile and efficient methods. Nearly any kind of business could benefit from co-working space. Why?

Businesses can grow as they require businesses can expand and expand rapidly and easily into co-working areas. They’re simple to move into and set up quickly. There’s no requirement for furniture, installation of utilities, etc. These are generally offered.

However If your company needs to decrease its staff or premises, it’s simple to only take on the space you’ll need. Also, certain services like utilities are included in the monthly bills and workplace furniture such as workstations and more. It is possible to reduce costs by not purchasing or leasing a bigger facility that you do not need.

Coworking spaces can provide your company with the opportunity to save money on office space, compared conventional leases and ownership of buildings. Additionally, you’ll be running much more quickly.

2). Reduce costs

Coworking spaces can be flexible with regard to expansion and the requirement to decrease space. However, they also offer flexibility in the following ways:

All-inclusive monthly payment: pay for the space that you require.

Flexible payment plans: a few co-working spaces provide various payment plans, for example, the option of paying month-to-month.

Flexible lease: If you just require the space for a brief period or need to travel for a short period and you’re not bound to the traditional office lease. Instead you’ll pay for the space only as you require it.

3). Serviced Co-working Spaces

Coworking spaces typically provide additional services with their all-inclusive payment options which is another reason why they’re economical for all kinds of companies. The services offered will differ for every space, so be sure to inquire about the services you’ll be paying for prior to making a payment.

They are usually available in a coworking office space:

Utilities are also included
Office equipment, such as printers and the technology needed for virtual meetings and more. are generally offered.
Office maintenance: no need pay for cleaning the office repairs, cleaning, etc.
Secure network and Internet Expect the latest technology that allows you to connect quickly and easy to connect to the internet
24/7 on premise security
A fully staffed reception
Office furniture
Kitchen & snacks
Spaces to hold meetings (pay only for the time you require the space)

4). Fantastic Location

If you’re looking for a location, you can expect the coworking space to be close to the main zones in your town. There are shared offices located in downtown or into the suburban areas, making it simple to locate a space that is suitable for customers and employees.

If you’d like the best area, you’ll discover the cost of a co-working membership to be much lower than leasing an office in the same spot. Small businesses can afford a premium space without having to use all its resources.

5). Networking is easy

Co-working spaces make it simple to connect with similar-minded people. No matter if you’re an entrepreneur an owner of a company or employee, there are more opportunities to connect with other people in the stimulating environment of a co-working space.

Coworking spaces typically organize events for networking and socializing with other coworkers regularly. These could include educational workshops and Happy Hours, guests speakers events, and much more. It’s simple to get together with others and share knowledge. In addition to the business benefit, but employees will be happier and more productive.

6). Great Spaces to Take a Break

Another factor that makes employees more productive and happy are the break rooms offered through coworking space. These spaces provide you and your employees with a space to unwind and relax, while taking time off from work and other tasks.

Commonly, a shared office Finsbury Park might have gyms, gaming rooms and coffee bars, where you can sit and relax or with your colleagues. The idea is to let people unwind and get refreshed and ready for work.

7). Make a Statement to Customers and Stakeholders

Co-working spaces are an excellent method to impress your business’s customers and other stakeholders. If they come to your office will find a sleek energetic and lively environment that is filled with the latest technology, comfortable office furniture and many more. They’ll experience a welcoming positive, inspiring atmosphere where people are happy and motivated to work their best.

Your clients and your stakeholders will leave with a positive opinion of your business. Your company will leave a lasting positive impression, which is exactly what they want.

8). New Markets Are Doable

If you run your business in the traditional office environment it’s harder to enter new markets. The high cost and rigid setting create a challenge. However, utilizing space in the new market is never easier.

Locating prime locations and opening new offices globally has never been more simple. It’s also cost-effective which makes it quick and simple to establish in new markets and locations. It allows you to expand your business without losing value.

As you can see, shared office have a myriad of advantages for businesses of all kinds and sizes. No matter if you’re a freelancer or have a larger company co-working spaces provide flexibility with regards to the cost of operations and expansion as well as networking opportunities for staff and many more.