What Make CoWorking Spaces The Perfect Alternative To Other Offices?

What Make CoWorking Spaces The Perfect Alternative To Other Offices?

The bedrooms, living rooms, and kitchens around the world house most startup workers, before they finally decide to switch to a coworking space. It has become one of the most common transitions from a conventional office.

Business owners are now finding coworking spaces as perfect alternative to home offices, rather than renting a traditional office space. Conventional offices no longer create value to your business, as claimed by some coworking spaces around the world and their advocates. It may not be completely true to say that, yet you will find a lot of start-up business owners are slowly switching to coworking spaces, while others prefer working in a traditional office.

Regardless of where people were working earlier, coworking spaces have seen a great rise in occupancy in past few years.

The coworking spaces or shared offices have seen a rise in occupancy levels and the clients include not just startups, but also SMEs and large corporations. Surprising, isn’t it? But, it’s true.

Here are few key advantages that make coworking spaces an alternative to traditional offices and home offices.

High Level of Self-Confidence

As compared to conventional offices, almost 90% co-workers say that they felt rise in their self-confidence in shared offices. They report that coworking spaces provide them maximum flexibility and a supportive environment where they can build relationships.

Shared workspaces give you 24-hour access, permanent desk, and top-notch office furniture. You have the liberty to choose your workplace, people with whom you want to associate and working hours. If you’re looking to expand your business, you’re most likely to benefit from the business opportunities that are readily available at these coworking spaces.

As per a recent survey, around 70% coworkers reported that they feel much healthier than what they used to feel working from a traditional office. They further added that the choice to choose their own colleagues and contacts helps them in lowering bullying and frustration in the office. If you choose coworking spaces close to your homes, it can definitely reduce to stress levels from daily commuting.

Increase in Income and Productivity

The major benefit of working from a shared office space is that you will feel less isolated and can be a part of the community. Working solely from your home can leave you isolated from the corporate world. Thus, if you operate with other co-workers, you can experience 23% increase in your productivity and close to 32% rise in your company’s income.

Stability and Longevity

According to the Global CoWorking Survey conducted by deskmag.com, 7 out of 10 coworkers had no plans to move out of coworking spaces. The report says that over 16% home office workers prefer to stay in a coworking space for between 3 and 12 months. For them, coworking spaces are the main alternative to home offices, where they can be productive and do networking.

What Make Co-working Spaces the Perfect Alternative to Other OfficesNetworking without Trying

CoWorking spaces give you a great opportunity to drag yourself to attend various networking events, conferences, seminars, and training sessions. You can meet people with some interesting ideas, projects or simply work along with them for your business growth. You will find several coworking spaces that organise regular networking events so that you get to know your co-workers better.

Hold Your Meetings at Legitimate Spaces

You might be happy working from your home, but it’s not the right place where you would like to invite your potential clients. If you operate from a coworking space, you get access to conference rooms that give some credibility to your client meetings. You can access a lot of meeting room facilities, including latest AV equipment that make your meetings for productive.

Coworking has a lot of advantages over your home office and traditional office space. It’s easy to plan a transition from home office to a shared office space, keeping your expenses minimum and getting the best quality out of it. Just assess your business needs and budget, and it will be easier for you to switch to a coworking space near you.

Related: Top 28 CoWorking Spaces In India

Note: The views and opinions expressed are solely those of the author and does not necessarily reflect the views held by Inc42, its creators or employees. Inc42 is not responsible for the accuracy of any of the information supplied by guest bloggers.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
Unlock 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

What Make CoWorking Spaces The Perfect Alternative To Other Offices?-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

What Make CoWorking Spaces The Perfect Alternative To Other Offices?-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

What Make CoWorking Spaces The Perfect Alternative To Other Offices?-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

What Make CoWorking Spaces The Perfect Alternative To Other Offices?-Inc42 Media
What Make CoWorking Spaces The Perfect Alternative To Other Offices?-Inc42 Media
You’re in Good company