Coworking spaces are growing in popularity around the globe. They have benefits for both patrons, and the businesses hosting the coworking community.
What Are Coworking Spaces?
Coworking spaces are shared working spaces that allow freelancers and small companies to rent office and meeting space by the hour, week, or month. Every space is unique, and could include individual desks or offices—but most consist of tables that seat 4 or more. Facilities often include meeting and event spaces, and shared office equipment and supplies.
What Are The Benefits Of Coworking?
With the rise of both freelancing, remote employment, and entrepreneurship—cost effective office spaces are required. Yes, you can work from home, but it’s nice to have a place to go. Renting out coworking space can help startups generate an additional revenue stream. It is also an excellent place to network. Last but not least, your coworking space costs a small fraction of renting and setting up your own office space.
Working remotely can be lonely, so even if you don’t work full-time from a coworking space, having a place to go can keep you motivated and engaged. They are also the perfect place to work when traveling or on a working vacation. When traveling in large cities, expect to meet people from around the world.