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Writer's pictureMunnazir Zarin

What exactly is a coworking space? A hub for freelancers and entrepreneurs

5 advantages of coworking spaces for small businesses

When it comes to coworking space advantages, here are the top five reasons why you should test one out for your small business.


Flexibility

Coworking locations have varied fees so you can pay for the number of hours or days you require in a month or make a longer-term commitment. TheWing.pk , for example, offers a monthly subscription that grants you 24/7 access to hundreds of sites worldwide. They also provide hot desking, which allows you to hire a desk for an hourly cost.


Commercial networking

While networking may appear frightening, the benefit of coworking spaces is that you can quickly get to know individuals by sitting next to them or chatting over a free coffee. You might just meet the marketing expert you're looking for to assist you in finding more consumers.


Connection and community

Many coworking spaces host events for their members, ranging from movie nights to drawing courses, to help foster a sense of community. If you normally operate alone without a team, it can be beneficial to meet a variety of people.



Cost-effective

The cost of a coworking space varies depending on the firm that runs it and how many days or hours you pay for per month. The concept is that you only pay for what you require. If you're a growing company looking to bring your team together without the risk of leasing an office space or employing a permanent workstation, coworking spaces can be an affordable choice.


Extra benefits

Some of the benefits of a coworking space include access to a gym, fitness classes, and complimentary tea and coffee. Platf9rm in Hove, for example, organises events such as comedy evenings, yoga, and even wild life drawing.

Where can I find a coworking office space?

When looking for a coworking office space, you should consider the following factors:


What is your financial situation?

How many days per week do you plan on using the space?

Do you require a coworking space that is open 24 hours a day?

How far away from home would you be willing to go?

After you've considered the fundamentals, you can begin weighing your options.


Do you want your subscription to include free tea and coffee? Is the environment appropriate for the task you do? For example, if you're going to be making a lot of phone calls and meetings, you might want to book a private conference room, or if you're just catching up on admin, an open plan workspace could be ideal.


The most crucial feature is likely to be superfast wi-fi, which is normally included as standard. Most coworking spaces include a free trial day so you can take a tour and decide if it's right for you.


Which is better, a coworking space or a serviced office?

A serviced office is comparable to a coworking space, although there are a few differences:

controlled by a facility management business possibility to lease whole floors or private offices usually has a receptionist who can meet your clients and guests less concerned with community building

Meanwhile, if you want an established office address, monitored phone calls, and access to conference spaces, consider a virtual serviced office. This is especially beneficial if you operate from home and don't want to provide your home address to consumers.

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