Who Is Coworking For?

Updated 30/08/2023

Coworking spaces are becoming more popular with businesses of all types and sizes. Most people have the impression that coworking spaces are most often used by freelancers and startups. But is that really the case?

In this article, we’ll take a look at the types of businesses that are using coworking spaces and the benefits they gain!

What Types of Businesses are Using Coworking Spaces?

The types of businesses that use coworking spaces may surprise you! These spaces are not just for freelancers and startups. Instead, coworking hubs have gained popularity across a wide range of companies.

Here are the companies that are choosing coworking spaces:

Remote Workers

Some remote workers do operate from home. They’ve found a dedicated space where they can set up their office and focus. However, other remote workers are finding it difficult to work from home.

These workers’ homes maybe not have extra space to set up an office. In addition, their homes are filled with distractions, unstable or slow Internet, and more.

Coworking spaces provide remote workers with a great working environment, as well as access to the services they need to keep their businesses flourishing.

Traveling Professionals

Traveling professionals sometimes have a difficult time finding office space where they can work. They may also have to find space to meet clients and partners. Hotels and cafes can be used for these purposes; however, they’re usually noisy and don’t offer the privacy needed to conduct business.

On the other hand, traveling professionals are finding coworking spaces that offer everything they need to run their business on the road. For one thing, coworking spaces are typically located in urban settings that are centrally located. This makes it easy for road warriors to find and get to the office from the airport, train station, or when driving into town. Next, the centralised location also offers ease of access for clients and partners who may be coming in for a meeting.

What’s more, the coworking space provides all the services that traveling professionals need. These include access to a meeting room, workspace, high-speed connectivity (wired or wireless), and professional services.

Freelancers

Freelancers are similar to remote workers in that they may find it difficult or impossible to work from a home office. Instead, freelancers are choosing coworking spaces where they have access to everything needed to run their businesses.

For instance, freelancers find coworking spaces great for easing loneliness and feelings of isolation. That’s because coworking spaces usually create a sense of community amongst their members. It’s possible to gain advice and guidance from other professionals, as well as network and make valuable connections. Freelancers may even find new clients in the coworking space.

The same applies to solopreneurs & digital nomads, who also benefit from the community of a coworking space. They also benefit from the services that come with the coworking space.

Large Corporations

What surprises more people is that large corporations are also choosing to make use of coworking spaces. Why would a large corporation, with a huge office building or complex, need coworking spaces?

Large businesses are turning to coworking spaces to help their remote workers. With our modern connectivity, it’s possible to work from just about anywhere. For remote workers trying to work from home, coworking spaces often provide a better work environment and improved services.

Other companies are finding that some employees benefit from a change of scenery when it comes to their workplace. Getting a break from the traditional office can help energise and engage employees. They have a chance to get away from the traditional office to a coworking space that’s less congested and more casual. These spaces are also a little more lively than a traditional office. All of this can spur focus and innovation while increasing productivity.

Large companies are also finding that coworking spaces can function as a hub for employees who have a long commute. The coworking spaces may be closer to the employees’ homes, making their commute shorter. This is another way to increase productivity and innovation.

As you can see, there are many types of businesses choosing coworking spaces for their employees. But what are the benefits these companies enjoy in a coworking space?

Benefits of Coworking Spaces

Here are some of the benefits companies enjoy when using coworking spaces:

Cost-Effective Solution

Coworking spaces are a cost-effective solution for many businesses. The reason for this is coworking spaces usually come with a flexible contract, which includes an all-inclusive payment for everything. This means a business can choose a short- or long-term lease, with all services covered by one monthly payment.

Rather than facing numerous invoices each month, a business only has to worry about one payment. And that payment provides everything from the workstation to utilities, perks, and more. The coworking space is often a more cost-effective solution for businesses of all sizes.

Professional Networking & Community

Coworking spaces bring together businesses of all types across a wide range of industries. For this reason, a coworking space becomes valuable for the community it creates, as well as the networking opportunities it offers.

Coworking spaces often host monthly events of different types. Some are educational, while others are simply networking events. Either way, businesses can network and make those all-important contacts needed for business growth.

Perks

Coworking spaces also come with a wide range of perks that can be enjoyed by businesses of all types and sizes. The perks are usually included in the monthly fee and provide some valuable resources for business. Perks offered by coworking spaces include some of the following:

  • Utilities (water, gas, electricity)
  • Telephony services
  • High-speed Internet
  • Workstation (desk/table and chair)
  • Meeting rooms
  • Free coffee/tea
  • Access to stocked kitchens
  • Free parking
  • 24/7 access
  • Reception services
  • Climate control
  • And more

Prestigious Address in a Business District

Coworking spaces also provide a fixed work address for businesses. For freelancers and solopreneurs, a fixed address in a prestigious business district lends their business credibility. That credibility comes without having to pay rent for a traditional office space, which is often too expensive for smaller businesses.

Summing It Up

As you can see, coworking spaces are a great choice for businesses of all types and sizes. These spaces offer many perks and provide a cost-effective office solution for just about any business.

FAQs

Who can benefit the most from coworking?

Coworking is particularly beneficial for freelancers, startups, remote workers, small businesses, and even established companies looking for flexibility and collaboration opportunities.

Are coworking spaces only for tech-related professionals?

No, coworking spaces welcome professionals from various industries. They provide a diverse environment where individuals from different sectors can interact, collaborate, and learn from one another.

How do coworking spaces enhance productivity?

Coworking spaces offer a structured yet flexible environment that minimises distractions. The presence of a community and access to amenities create a conducive atmosphere for focused work.

Can introverts thrive in coworking spaces?

Absolutely. Introverts can find coworking spaces to be valuable as they can control their interactions while still being part of a supportive community. Many spaces offer quiet zones for those who prefer solitude.

Is coworking cost-effective for small businesses?

Yes, coworking can be cost-effective for small businesses. It eliminates the need for hefty upfront costs associated with setting up a traditional office and provides access to facilities that might otherwise be expensive to maintain.

How can established companies benefit from coworking?

Established companies can use coworking spaces to foster innovation and creativity, especially for specialised projects. They can also tap into a different talent pool and explore new markets without committing to long-term leases.

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