Having a designated space in which you can hold meetings, meet with clients, and be productive is vital to your professional development. When it comes down to it, the costs can add up. Rent, utilities and internet fees can end up costing thousands every month. Small details like refreshments for your clients can just bump you over the edge. If it’s hard for you to afford a professional space that meets your needs, a coworking space might be perfect for you to save money.
Imagine you could have all the benefits of your own office without many of the associated costs. You could still have a polished space to hold meetings and meet with clients. You can do this without having to pay for everything yourself. Coworking is a great option for professionals who want to get out there and grow their business in the most efficient and cost-effective way possible.
If you’re looking for a new office space, consider coworking. You can save money on costs like:
Signing a lease can be complicated. Trying to understand all the legalese can really be a headache. While it’s smart to hire a lawyer before you sign a commercial lease, with coworking spaces, you can skip over this step altogether.
Cushy office chairs, desks, a table for your boardroom. All of it adds up to serious money, and not to mention having it installed. Coworking spaces come already furnished. You don’t have to worry about choosing and paying for furniture.
To get a fast internet connection, you may have to shell out more than you were expecting. And in today’s increasingly digital world, upload and download speeds matter. Working from a coworking space means that you don’t have to pay out of pocket monthly for internet costs.
Other costs like electricity are also shared in a coworking space. As a business professional, you know that every penny counts. To save money, even if it’s only a few extra dollars a month, can mean more in your pocket.
Hiring an office manager to take calls, greet your clients, and order supplies is a great way to keep your office organized. But, paying for another salary is a huge expense. Many coworking spaces have office managers to do the job for you.
When you’re meeting with a client for the first time, you know that first impressions are key. WorkSocial is proud to offer stunning spaces that are bound to impress. You can come into work every day knowing that you’ll always have a professional space to hold meetings or spend time with clients. And you can also rest assured that WorkSocial will take care of all the little details. Whether you’re looking for private office suites, a place to hold conferences or meetings, or a space to train your employees, WorkSocial is happy to meet your needs.
Our attentive staff will take care of everything. They will provide healthy snacks and drinks. They will also ensure you can access your space 24 hours a day, seven days a week. In addition, you can come to work knowing that you’ll meet with other creative professionals. People who you can network with and entrepreneurs who can potentially help you grow your business.
If you’re looking to take your own business to a new level, and want to make a smart and cost-effective choice, coworking space is the perfect solution. WorkSocial is here to answer all your questions about how our coworking space can help you meet your goals and save money. Don’t get stuck paying too much on your occupancy costs. Let WorkSocial do a free analysis for enterprise office space so you can see how much you can save. Contact us today!
Bringing happiness to your workplace is likely your top goal, as it is with most companies. Anyone who doesn’t understand that happiness is the key to better productivity and retained employees needs a new education.
No doubt you understand its importance. Yet, you’ve maybe come up empty on finding exactly what makes your employees happy.
The key is to find ways to bring better leadership and collaborations so each employee feels their worth. Using shared office space and co-working concepts are scientifically proven to help.
While you might find a few employees who like working independently, you’ve no doubt seen how collaborations lead to faster and better ideas.
If you’re new to what a shared office space is, it’s also often called a co-working space. These are designed for companies like yours needing to save money and not really wanting a giant office filled with cubicles.
These are also designed with collaborations in mind. Plus, when you rent these out from a provider, they’ll provide many services for you so you don’t have to invest on your own.
What kind of employee happiness can you create with these office spaces? Much of it comes down to bringing more flexibility in how people work.
When using a co-working space, you’re essentially allowing your employees to go and work with outsiders who may not even belong to your office.
Many co-working spaces are designed akin to a bar where you meet up with different people to discuss ideas. You won’t find alcohol here as you would in a bar, yet it provides a comfortable place to find real collaboration with people in your industry.
As Inc. points out, this brings a community-oriented space to help nurture more innovation. Relying strictly on your own team to come up with innovative ideas can often come up empty. Looking to unbiased outsiders brings a refreshing way to look at things and find new solutions to old problems.
There isn’t any great sense of happiness than being able to move ideas forward in a faster way.
Statistics show Millennials now make up 30% of the workforce. With this, they’re shunning the traditional office environments of cubicles or separate rooms.
They’re a demographic naturally gravitating to shared office environments and the co-working concept. Take advantage of this since you’re likely hiring more Millennials to fill positions of those retiring.
Millennials usually have fresh ideas in mind compared to those who’ve been working with you a while. It’s time to give these younger workers a chance to collaborate in a comfortable environment to break norms.
When you think about it, forcing workers into enclosed work spaces often leads to depression. Some workers may prefer to work independently, but most will prefer having more engagement with at least fellow employees.
Polls show 84% of employees using the co-working concept found it helped them on an emotional level. For the ultimate happiness, there isn’t anything better than keeping them motivated to brainstorm for ideas.
Working alone can often lead to distractions that co-working spaces won’t allow. Interacting with people throughout the day will make your company much more competitive and keep ideas flowing.
At WorkSocial, we’ve become a leader in providing these office environments, including corporate training offices and virtual offices.
Located in Jersey City, NJ, we know how hard it is to find similar office concepts without having to pay a fortune. We offer very affordable options for the startup budget.
Contact us to learn more about how coworking environments work and how it’s going to scale your company to new heights.
Sharing a space with other companies offers young firms benefits – such as reduced costs, in-place technical infrastructure, and social opportunities. However, it also has its drawbacks, such as reduced privacy. While most folks considering coworking spaces for their ventures are aware that they need to consider the aforementioned and many other factors, there are some important aspects of coworking environments that often go overlooked during the decision-making process. Morris Levy, CEO of multi-city coworking space provider, The Yard, talks about some of the items one should ponder.
Coworking sites, which first appeared in the United States in 2006, are collegial, shared open-plan areas and private office areas where people work independently but communally. Members are varied in what they do and why they join. They include entrepreneurs, freelancers and other independents weary of working from a coffee shop or home, and those in search of a social network.
The spaces and amenities vary, but typically include free Wi-Fi and coffee, as well as a copier, whiteboards and conference rooms. Membership plans usually are based on usage—from one day a month to five days a week—and whether one wants a dedicated or communal desk or table at which to work. Some sites discourage telephone conversations; others have few or no restrictions. Some don’t mind if you drop in unannounced for a look, but others prefer appointments. A few have even provided day care.
Coworking is a growing trend. Worldwide, there were more than 100,000 people working at more than 3,000 co-working spaces last fall, including 937 spaces in the United States.
To find the nearest coworking office near you, visit the coworking wiki directory—which is maintained by the community of coworkers worldwide.
As an entrepreneur, freelancer or remote worker you should consider the advantages of coworking when you pick your work environment. The other solution for those who want to stay away from home or coffee shops would be renting a long-term office space which results in high costs and lack of flexibility. That’s where coworking comes in!
A “coworking space” is a place where you can go on a daily basis, sit down at a random table (or a fixed one, in certain places), and enjoy a good internet connection, coffee, a kitchen, and the company of like-minded people. Altogether, it supplies you with an office environment without the necessity of everyone working on the same project, to each his/her own, but together.
If you work from home, there’s no real accountability. It’s too easy to get distracted by your bed, your TV, and fridge and lose valuable time. In addition to that, family related chores will always present themselves since if you are at home, you must be available… The separation of work from home is important for many of us and also allows you to breath some fresh air and feel alive instead of spending most of your day at home.
In case you have decided that it is time to get an office, a coworking space makes a lot more financial sense than renting your own office. Renting an office includes taking care of installing infrastructure and taking care of utility bills that drain cash and time. The staff in the coworking space will take care of that for everyone. Also, regular office rental requires signing long term contracts, usually for a minimum period of one year. Coworking spaces allow you to rent your Table or even a room for a few days, weeks or a month and allow you to focus on what counts: Your work.
Research shows that people who use coworking spaces are more effective due to the energy and mindset adjustment that is generated by the interaction and acountability a coworking environment creates. That means that the financial costs of using a coworking space are much lower than the financial benefits it creates.
Coworking spaces will boost your network and in turn connect you with the most relevant people for your business, from potential clients, suppliers or even business partners. In coworking spaces you are guaranteed to meet high quality, talented, and like minded people to add to your network that might become critical for your business.
Working alone is isolating and can affect your mood. Having coworkers and interaction is covering a social need. The idea at a coworking space is that although you are working by yourself, you are surrounded by awesome people. The members of the coworking space have picked a unique and independent lifestyle just like you, and those are exactly the kind of people you want to be surrounded by. Coworking simply makes your day more energizing, fun and happy.
One of the biggest drawbacks of leaving a 9-to-5 job is missing out on the best source of meeting new people, your office. Jobs provide us with a major source of new friends, and once you leave your work this source is depleted. A coworking place allows you to fill in the gaps and make new friends with interesting people in new places.
Coworking spaces gather the best minds, each expert in their own field. After you dedicate some time to build your social network in the coworking space, you can approach your expert friends for high quality advice on a wide range of topics like social media and digital marketing, programming, design and much more. The synergies and mutual help of one member to another is invaluable.
This one is a little deep, so let’s start with an example: It is a common recommendation to work at home with clothes you would wear at the office. Working with flip-flops in your pajamas usually decreases your productivity as you are signaling to yourself that you are not in work mode. Using a coworking space will make you aware of your appearance and clothing, and taking the time to walk/drive to your place in addition to the money you spend on it will remind you that your work is important enough to take it seriously and value your time and skills.
Trying to find the best place can create some uncertainty and frustration, since you will find yourself running from one coffee shop to another hoping that today it won’t be too crowded or loud and that the internet is going to work. In case you have to make calls, the noise in coffee shops can be frustrating to you and the people around you. Coworking spaces usually have isolated Skype booths and conference rooms for you to use. Some other reliable advantages of coworking spaces over coffee shops include access 24 hours a day (in case you are on a deadline or have a crazy schedule), and free printing (always valuable). In general, uncertainty takes time and energy that could have been put toward working for your clients, and it makes you feel less happy in general. Coworking provides your life with stability.
Scaling and truly become successful usually involves working with others. There will be a time when it will make sense to slowly building a team and hiring a person to help your business grow. In some situations you can hire someone to hire remotely, but let’s be 100% honest, nothing beats working together in the same physical space. A coworking space allows you to invite another person to work with you without the need to rent a dedicated office. As your team grows, many coworking spaces also offer the option to rent a team room which helps your team to focus working on your projects while also enjoying the interaction and perks outside of your dedicated room.
Most coworking spaces organize events as a critical way to both increase revenue, and market themselves. That means that as a coworking member, you will have fast and easy access (mostly free) to interesting events and education opportunities ranging from lectures about entrepreneurship and startups to yoga sessions!
Free coffee, fridges, microwaves, even full lunches. You often save money in this kind of working environment because unlike a cafe where your small costs add up without you noticing, a coworking space lets you know what you will pay upfront (coworking will probably be cheaper than three Starbucks coffees per day). Coworking spaces usually offer lockers as well, which gives you another place to store your stuff safely in case you need to go somewhere during the day.
The consumer-driven economy is forcing every kind of organization to move towards more flexible staffing models. As we expand to new social arrangements, we expect more private companies, non-profit organizations, and government agencies to scale down office facilities and rely more on temporary workspaces for flexible work models.
Some types of work may be easy for telecommuting employees to perform from home as well as headquarters-based employees, but others call for a reliable office from which to operate. Large headquarters, as well as bricks-and-mortar store locations, might become less important soon. Meanwhile, multi-use spaces that support dynamic market conditions and employee configurations should prove more cost-effective than existing facilities.
We recommend that your company does not operate permanent offices in different cities unless they are needed at multiple points during the year. By using our facilities, your organization can easily accommodate temporary meetings and workspace needs while not incurring the overhead associated with long-term facilities. We are here to help organizations maintain economies of scale.
For more details on booking space in a coworking environment without losing productivity, please contact us today.
Adapted from: www.becomenomad.com