Coworking is a growing trend. According to a recent article for small business CEOs, an estimated 3.8 million people will be using coworking spaces by 2020. While the numbers are not quite that high yet, there are many reasons that people decide to use coworking spaces rather than renting more traditional office space.
1. The Flexibility
When renting a traditional office space, you are locked into a contract. You have to rent the space for a specific amount of time, whether it is six months, a year, or something else. With coworking, you can rent the space for as long or as short as you need. Even if you only need the space for a day or if you need the space randomly throughout the month, you do not need to pay for it when you are not using it. Plus, you can get the space that you need. Whether you simply need a desk in the corner, or you need a larger office area, you can rent the space that you need. As you need more space, you can rent a larger area.
2. The Details
When it comes to renting a traditional office space, you need to worry about supplies for the office, paying for the Internet, and other office-related details. When renting a coworking space, you simply bring your laptop and other supplies that you will need for the day, and you work. Then you can go home at the end of the day, allowing someone else to worry about the other details of the office.
Coworking spaces are great places to network and connect with others who are in a similar situation. According to a study conducted earlier this year, one-third of people reported increased income since they started coworking, and over 60 percent anticipate increased income. Seventy-four percent said they were more productive. Eighty-six percent said they have a larger business network, and 93 percent reported a bigger social network.
If you are interested in learning more about coworking, contact us. We can help you find an office space to fit your needs.