10 reasons why your small business should work from a coworking space

As the second COVID-19 lockdown draws to a close, small businesses can start to think about ‘what next.’ Working from home has become the new normal, and with the imposition of the second lockdown in the country, there was no other option for many but to stay and work indoors.

However, working from home isn’t always ideal and a dedicated office space has its own benefits for productivity and work-life balance. We are sure many people are itching to get out of the house and ‘go to the office’ again as soon as the lockdown is lifted.

If you are a small business owner, you will agree it is an excellent idea to work with your team in the same room. In this context, coworking spaces are the perfect fit for small teams.

Here are ten compelling reasons you should consider taking up a coworking space once you and your team members feel comfortable working outside of the home again:

1. Cost-efficiency

As a small business owner, you probably have limited resources. The rent for a traditional office space tends to be sky-high – plus, there is the matter of the deposit. With a coworking space, there is no deposit to pay and no lock-in period to worry about.

You can choose a monthly, weekly, or even a daily plan and pay for only as many seats as you use. This will significantly cut down on your operational costs without compromising on the space you need.

2. central location

Coworking spaces tend to be located in central parts of town. These are typically well-connected by road and public transport to the rest of the town, thus making it easier for you and your team members to commute without getting stuck in traffic.

It is also easier for your clients to travel to these locations, making for a smoother (and safer) meeting experience than if they were to waste time trying to locate some obscure office on Google Maps, especially during these uncertain times.

3. basic amenities

A coworking space comes fully equipped with all the amenities you need for a comfortable work environment and more. From high-quality WiFi and printing machines to cafe areas and meeting rooms, you get access to it all when you book your seat.

There are also recreational amenities such as gaming rooms, break rooms, or nursing areas for mothers, making coworking spaces, not just offices but also places where you can be truly comfortable and recharge as you need to.

4. scalability

With traditional office spaces, you are constrained by the space you rent out – and conversely, even if you have a small team, you need to keep paying for the entire premises. By contrast, coworking spaces allow you to scale up and down without trouble.

If you add new members to your team or decide to downsize, you can pay for more or fewer seats, whichever way you deem fit.

5. educational opportunities

Coworking spaces sometimes host entrepreneurs, corporate leaders, motivational speakers, social media experts, writers, marketers, and so on. Attending these talks is a great way to learn new skills and make useful connections.

There are also events where the people using the coworking space are invited to speak, which means that you have the opportunity to talk about your work and the things you are passionate about to an interested audience – many of whom might turn out to be your potential customers.

While such talks and seminars may not happen anytime soon, they are still an attractive proposition for small businesses looking for coworking spaces.

6. INCREASED PRODUCTIVITY AND CREATIVITY 

While working at home is a highly coveted option (and is pretty much mandatory during the lockdown), it has its share of distractions. Other family members share your space, children demand your attention and household tasks that need to be taken care of are staring you in the face.

You have a desk of your own in a coworking space, all your office amenities close at hand, and a room full of people working together, which allows for more concentration and much better productivity.

Plus, the friendly work environment can spark your creativity, resulting in better ideas being generated on your own or as a team.

7. NETWORKING

Being an entrepreneur, solopreneur, or freelancer can get lonely if you are working from home. When you join a coworking space, you meet like-minded people who are also there to work and learn.

You can make professional contacts, collaborate with other entrepreneurs on projects, and find friends you can spend time outside of work. This not only exposes you to new ideas and opportunities but also expands your social circle.

8. FLEXIBLE HOURS

With a coworking space, you are free to work at the hours of your choosing rather than being restricted to a 9-to-5. Some coworking spaces are open 24×7, which means you are free to work at night and nap during the day if you prefer.

9. BETTER WORK-LIFE BALANCE

Many people might be averse to going ‘back to the office’ after the lockdown ends, as they believe it signifies the end of work-life balance. A coworking space, however, helps in improving this balance. 

The recreational facilities allow you to unwind as and when you need to, and the presence of other people outside your team lets you make new friends.

Moreover, you can always step out if you need to pick up groceries or tend to your sick child. Overall, you will end up working more efficiently and enjoying a more wholesome life.

10. INVESTOR CONNECT

Since entrepreneurs typically occupy coworking spaces, many investors visit them, searching for the next big idea. You have the opportunity to pitch your idea to these investors and potentially secure their funding and mentorship, taking your small business to the next level from the comfort of the coworking space.

over to you

If working from home is losing its charm for you, consider renting seats at a coworking space when the new year rolls around. As the Coronavirus outbreak continues to impact our daily lives, we aim to help small business owners like you run their day-to-day operations smoothly.

We at Triassic Hub offer our clients a modern, clean and flexible space to work. We have a Covid-19 track and trace system for all our visitors, hand sanitizers, PPE kits to be worn in meeting rooms, and more.

It is cost-effective, lets you network, and gives you access to excellent facilities all day. Give it a try – you and your teammates will never want to go back to traditional office cubicles again. Book your hot desks today. 

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