Co-working spaces are on the rise, and they are here to stay. And this isn’t solely because of the rapidly growing number (and quality) of co-working spaces around the world or Australia that give freelancers, start-up entrepreneurs and small teams different options to get their work done. It’s also due to a shift in work style among millennials that they thrive in shared work spaces.
Coworking spaces come in all shapes and sizes, with an endless variety of amenities and resources to offer. But what they all have in common is that they provide a space for you to work alongside like-minded individuals, which can make for a more productive and inspiring workday. Co-working spaces help professionals from various industries network. They can assist you in building relationships with individuals who share your work ethics, which may lead to future collaborations and partnerships. Working from a leased workplace would not provide you with these sorts of advantages. So, if you’re still on the fence about whether or not co-working is right for you, here are three reasons why co-working spaces are better than leasing your own office.
Reason #01: Coworking Spaces Are Cheaper Than Leasing Your Own Office in Sydney.
Leasing your own office can be expensive, especially in a city like Sydney where rent prices are high. Coworking spaces offer a more cost-effective option, with monthly rates that are often much cheaper than leasing a commercial office space. In addition, communal work spaces provide a significant advantage in that members share the cost of office supplies, internet, and other utility expenses.
Coworking spaces are flexible. You won’t have to worry about finding a new office space when your company expands operations. You may simply upgrade your office, since co-working spaces afford a variety of different sized offices and showrooms. Co-working locations also provide a fantastic value proposition because, in most cases, you won’t need to sign a lengthy lease when renting an office space.
We all know that working from home is all about making it convenient for yourself, and co-working spaces make that possible too. The spaces come completely furnished and equipped with necessary office resources, so you won’t have to spend extra money on furniture or technology. Furthermore, as a member of a co-working space, you’ll have access to meeting rooms that can be booked for team meetings, client presentations or pitches. Coworking spaces make it possible for entrepreneurs and small businesses to get ahead without breaking the bank.
Reason #02: Coworking Spaces Offer A Sense of Community & Collaboration
Coworking spaces allow for networking & collaboration that can’t be found in traditional office or WFH settings. For starters, working in close quarters with other professionals helps to stimulate creativity, exchange of ideas, collaboration on projects and more. Co-working space members are typically happy to share their expertise and knowledge with one another, which can lead to some fantastic business partnerships down the line.
At Coworking Sydney locations like Workit Spaces, you’ll have access to communal kitchens, breakout & sitting areas where you can relax or grab a bite to eat with your colleagues or fellow members. This type of environment is perfect for professionals who want to break away from their screen and get to know one another on a more personal level. Entrepreneurs and small business owners may meet and interact in a comfortable atmosphere thanks to the social aspect of co-working spaces. Workers in a leased office setting would miss out on such possibilities.
Community is at the core of coworking; it’s what enables you to collaborate with people who are smarter than you, work harder than you, and have different ideas than you. This can help prevent feeling isolated or lonely like many freelancers do. You’ll have access to not only their abilities but also shared expertise and networks. According to studies, coworking spaces have been found to enhance productivity by up to 44% and creativity by 54%. You may do more work in less time thanks to co-working.
Reason #03: Coworking Spaces Offer Many Resources for Flexible Work Environments
Co-working spaces give members access to a wealth of resources that they would be unable to find in a conventional workplace. For starters, co-working locations offer a variety of different sized private offices as well as dedicated workstations, so you can find the perfect space that suits your needs. In addition, as a member of a co-working space, such as Workit Spaces Sydney, you’ll have access to photography & podcast studios, auditorium spaces, eCommerce goods in & out stations, loading docks, showrooms & storage facilities.
Most importantly, co-working spaces provide the opportunity to work in a flexible environment. Co-working locations allow you to come and go as you please, work from home when needed, and take time off without having to worry about up-keeping your office space. Leasing your own office space comes with many responsibilities- from cleaning and maintenance to upgrades and repairs. Coworking memberships offer all these resources and more so that you don’t have to worry about them. This means that you can focus on growing your business and not on administrative tasks.
In the Coworking Sydney scene, there are many locations to choose from that offer different amenities for their members- so it is important to do your research and find the space that best suits your needs. Workit Spaces offers a great variety of resources for its members, including meeting rooms, private offices, and a sense of community and collaboration that can’t be found elsewhere. If you’re looking for a space to grow your business, Coworking is the way to go!