Coworking has a range of benefits that are universal and then each space will have its own exclusive benefits to offer, here is a list of the most common benefits of coworking.
1. Increased Productivity
Generally, members of coworking spaces report feeling more productive after joining. Many are upgrading from the home office or downgrading from an exclusive brand office. It is believed that being amongst all the other members who are working hard causes you to also work hard, improving your concentration and inevitably your productivity.
2. Networking
A coworking space is essentially an office that houses numerous different companies. If you can find a medium size coworking space the networking opportunities are incredible. Every day your relationships evolve and strengthen, the trust expands and the word of mouth business that you receive as a result increases. It is the most incredible way to help your business grow.
3. Helps Creativity
Talking to people around your space, enjoying the city skyline views, and feeling at peace with all the greenery, at collective_100 members report feeling more creative.
4. Affordability
Coworking is considerably more affordable for small to medium businesses with less than 30 staff. You don't have to pay for the fit-out, electricity, internet, or the communal areas that you only use part of the time. Everything is included in a single monthly fee.
5. Versatility
If you are a small business and usually have one meeting a month, it doesn't make sense to pay for an entire meeting room every day. Coworking spaces understand this so they are designed to give you the specs you need when you need them. Simply book the room and turn up. If you have a bigger meeting, simply book a bigger room. If you don't have a meeting at all... You get the point
