10 Benefits of Coworking Spaces for Startups

In recent years, coworking spaces have emerged as new workplaces. But why is there a growing preference for coworking spaces? What is the key to your success? The answer is obvious: its advantages. Among the advantages of coworking are work flexibility and the possibility of networking. However, they are not the only ones.

If you have considered the idea of ​​working in a coworking, you are among a high percentage of professionals who have done it. That’s right, the wave of coworking members rises every year. In fact, according to the Deskmag Global Coworking Survey, it is estimated that by 2020 almost 2.2 million professionals will work in coworking spaces.

But aren’t you completely convinced? Do you need a little push? What do you think if we list the 10 benefits of working in a coworking space? Get to know them!

10 Benefits of Coworking Spaces that You Should Know

What is coworking? Coworking is an alternative workspace that has revolutionized the way and traditional workplaces. The statistics do not flexibility lie. By 2022 there are expected to be around 49,500 co-working spaces, according to the Global Coworking Unconference Conference (GCUC). These figures show that there are more and more coworking spaces. The reason ?: the multiple benefits they offer .,

Coworking is not exclusive to a specific type of professional. However, it is a very attractive work style for freelancers, remote workers, digital nomads, and SMEs. If you have considered working in a coworking, but are still not sure what benefits it offers you, take a look at the following advantages of coworking.  

1. Laor flexibility

flexible work model is what is aspired to in the new ways of working. FFlexibilityis one of the five trends most demanded by professionals, according to the study ” New Ways of Working ‘. And one of the advantages of coworking is that it offers flexibility in two directions.

First, the flexible schedule. Yes, not having to depend on strict arrival and departure times is a great burden that we will remove from our shoulders. Unlike traditional offices, in coworking there are no restrictions on schedules: you can come and go whenever you want. The organization of working time depends only on you! Do you prefer to work during the day, at night, in the middle of the day or about eight hours? Nobody imposes on you the way to organize yourself to work. There are even coworking facilities that provide 24-hour access any day of the week.

On the other hand, inside a coworking, you can change environments. For example, hot desks make it easy for you to work every day in different places within the coworking. With this modality, you can choose the workplace that offers you the greatest concentration, inspiration, and motivation.,

The other flexibility is about the rental agreement. While in most offices the space leases are usually for more than one year; in a coworking, there are different forms of membership. The most common is for a month. In this way, if you decide, after a month, that this coworking is not according to your needs and you want to try others, nothing will stop you. There are many types of coworking to know!

There are even coworking that allows you to rent the space for just a few hours or a day.

2. Say goodbye to loneliness and isolation

How many times have you felt alone working from home or in allows an impersonal cafe? Many times, most of the time, once in a while? If these have been your answers, we have good news for you: in a coworking, you will say goodbye to the feeling of loneliness and isolation.

In case you did not know, the feeling of loneliness negatively influences motivation and work performance. In Steven King’s article “Coworking Is Not About Workspace – It’s About Feeling Less Lonely ” it is concluded that 84% of respondents reported feeling greater work motivation and commitment since working in a coworking. Another of the results of the same study was that 87% of the sample uses coworking for social reasons.

Indeed, coworking spaces are full of people, some related to our profession and others, not so much. But it is this mix that is the basis of the philosophy of coworking! They are based on a whole community of professionals willing to interact, collaborate and benefit each other. You can receive advice, help, new ideas and have access to shared knowledge. The result, in addition to establishing social relationships, is that you will always feel in a company.

3. Encourage networking and create a community

Networking is the way to expand our network of contacts. One of the advantages of coworking is that it is ideal for creating synergies between coworkers. The suggestive proposal of collaborative spaces is the ease of accessing a large community of innovators and entrepreneurs.

Networking in a coworking is an opportunity to collaborate, develop business and grow professionally. Remember that meeting new people and creating valuable relationships can be very productive to boost your project or business. And these are just a few of the benefits of networking.

As a member of the community, you will be aware of all the workshops and networking events. These activities are carried out with the main objective of promoting interaction between coworkers. Attend as many events as you can – they are ideal spaces to build new connections.

4. Visibility and business boost

One of the advantages of coworking is that it allows you to give your business visibility. By working independently and in isolation, you will create a barrier between your project and the professionals who can help you grow it.

Our businesses can be driven to a great extent by our network of contacts. We have already seen how networking can help us create strategic relationships for our projects. Coworkers may well be partners, collaborators, or future clients. All of this drives the expansion of our business at an accelerated rate.

5. Cost reduction and savings

One of the main difficulties for entrepreneurs and startups when launching their businesses is finding a place to settle. For small and medium-sized companies, startups, and entrepreneurs, working from a coworking is more affordable than setting up a private office. It is undoubtedly a relief for your pockets.

Coworkingoffer several types of offices that you can hire depending on your needs. Depending on the membership you agree to, you will have a fully equipped office for your team. And you won’t have to deal with all the costs (rent, payment of supplies, etc.) and logistics of setting up your own office. So one of the benefits of coworking is that it offers the best way to work in an office with minimal investment and huge cost savings.

The companies coworking are responsible for all administrative matters and services (water, electricity, internet, cleaning, etc.). In this way, only with the payment of the fee you hire will you have all the guaranteed conditions to develop your business without distractions. 

Another benefit of working in a coworking space is that it allows you to control the growth of your company without causing unforeseen space modifications. That is, in an office where investment was established for few workers it can be a problem if suddenly more employees are needed. This would lead to investing more money in space modifications.

In a coworking, you will not have this problem. If your company needs to incorporate more members, you can rent a new desk. In this way, you will always have the number of desks required at the moment, without major changes or investments.

6. Work with equipment and latest technologies

All shared spaces are not the same or have the same conditions. However, a main characteristic of coworking is the equipment and infrastructure designed for the comfort of coworkers. In this sense, optimal furniture, good lighting, fast internet connection, among other amenities, are basic pillars of every coworking that allows a rate of rate space of rate in addition, we must not forget the extra services such as meeting rooms, relaxation, and leisure areas, etc.

7. Away from job rivalry and hierarchies

Office colleagues can sometimes become professional rivals. This creates an unhealthy and unfavorable environment for professional development. In a coworking, you will not have this problem. People from different professions surround you, each one works on their project and for different companies.

Here collaboration and help are sought more than independence and rivalry. Social relations and reciprocity overlap with conflicts of interest.

The absence of hierarchies encourages work to be done spontaneously. In this way, collaborative spaces promote an environment of trust and away from tension.

8. Goodbye to distractions

Whether you work at home or in a cafe, you are prone to distractions of all kinds that reduce concentration at work. People who work at home often put off their duties until the last minute. In this sense, one of the advantages of coworking is that it is designed to give you the concentration you need.

In addition, seeing other professionals doing their jobs is a psychological factor that drives work motivation. Thus, coworking spaces add extra motivation to your days.

9. Inspiration, creativity, and innovation

Very diverse professionals meet in coworking. In these spaces, you will be surrounded by professionals with fresh and suggestive ideas. You can find out what your colleagues do and how they work, which can offer you many ideas and new points of view to guide your projects.

At the same time, coworking spaces are creative environments where knowledge is shared through suggestions, advice, and help. In these places, you can find the impulse you need to start your projects or considerably increase your business.

10. Improve your productivity

This benefit of coworking has left last because the rate is largely the result of all the above. In addition, it represents the maximum point that every professional seeks in the development of your work.

It is about the considerable improvement of labor productivity. Indeed, having flexible hours, contact with other professionals, loss of distractions, as well as working with modern technology add up and are projected into the final result: our quality of work. But for this, discipline and motivation are essential.

Final words

The interesting statistics should alert us to the upward trend of coworking. And it is that so many professionals cannot be wrong!

Coworking is a place thought and designed to work in a flexible, friendly, and collaborative way. And thus, it is dramatically transforming the modalities of work.

It is not about being fashionable. It is about putting in a balance and analyzing in detail what benefits coworking brings us about other forms of work. We encourage you to discover them!

If you are also concerned about the cons of working in a collaborative space, you can read this other article: Advantages and disadvantages of Coworking | Find out if it’s for you

And you, have you worked in a coworking? Tell us how your experience has been.