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Coworking spaces are places for freelancers and companies to work on a flexible basis. They offer shared facilities, furnished desks, and a community atmosphere for those that might usually work alone or in small teams.
Whether you’re a solo entrepreneur or a growing company, coworking can be a great way to boost productivity and build your network. Read on to find out the benefits of coworking, and how to find a space that works for you.
Similar to hot desking, coworking gives you access to fully furnished desks and shared facilities without the long-term commitment of leasing an office.
Freelancers like copywriters, designers and photographers might find a flexible coworking space inspires their creativity. While others might just like the change of scene or the social interaction these spaces can bring.
When it comes to coworking space benefits, here’s a rundown of the top five reasons you might want to try one out for your small business.
Coworking spaces offer different rates so you can pay for the number of hours or days in a month you need, or opt for a longer-term commitment. For example, WeWork has a monthly membership giving you 24/7 access to hundreds of locations globally. They also offer hot desking where you can book a desk for an hourly fee.
While the idea of networking can sound intimidating, the nice thing about coworking spaces is that you can get to know people easily just by sitting next to them or chatting over a free coffee. You might just meet the marketing expert you need to help you find more customers.
From film nights to drawing classes, many coworking spaces put on events for their members to help create the feeling of community. It can be nice to meet lots of different people if you usually work alone without a team around you.
The cost of a coworking space depends on the company running it, and how many days or hours a month you pay for. The idea is you only pay for what you need. If you’re a growing business looking to bring your team together without the risk of leasing an office or hiring a permanent desk, then coworking spaces can be a cost-effective option.
Access to a gym, fitness classes, and free tea and coffee are just some of the perks you might find at a coworking space. For example Platf9rm in Hove hosts events like comedy nights, yoga, and even wild life drawing.
When you start looking for a coworking office space, you’ll want to ask yourself the following questions:
Once you’ve thought about the basics, you can start comparing your options.
Do you want free tea and coffee included in your membership? Does the atmosphere suit the work you do? For example, if you’re going to be in a lot of phone calls and meetings then you might want to hire a private meeting room, whereas if you’re just catching up on admin then you could enjoy an open plan workspace.
The most important thing is probably going to be super fast wi-fi, which usually comes as standard. Most coworking spaces offer a free trial day so you can get a tour and see if it’s going to work for you.
A serviced office is pretty similar to a coworking space, with a few differences:
Meanwhile, a virtual serviced office is an option if you want a fixed office address, managed phone calls, and access to meeting rooms. This is particularly useful if you work from home and don't want to give customers your home address.
You might also want to look into getting a virtual landlord line number.
Here’s a rundown of coworking spaces in some of the UK ’s creative cities:
Do you use a coworking space to run your small business? Let us know your experience in the comments section below.
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Catriona Smith is a content and marketing professional with 12 years’ experience across the financial services, higher education, and insurance sectors. She’s also a trained NCTJ Gold Standard journalist. As a Senior Copywriter at Simply Business, Catriona has in-depth knowledge of small business concerns and specialises in tax, marketing, and business operations. Catriona lives in the seaside city of Brighton where she’s also a freelance yoga teacher.
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