Over the past decade, coworking has become a popular option for many startups and other small businesses.
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.
1. How long has the coworking space provider been in business, and what does its future appear to be?
Because of the popularity of coworking, there are now many firms offering coworking space. Understanding which firms have proven track records, and which are expanding versus contracting, can help you feel more secure that you will not need to find a new home for your business in the short term.
2. What times of day are you most productive?
Do you need a 24x7x365 workspace or one that is open only during business hours? What services will you need during non-standard hours – and will they be available then?
3. Will you be meeting with prospects and clients in your office?
Is the coworking space conducive to meetings? Are there sufficient conference rooms to ensure that you will always have adequate space? Will prospects and clients be impressed with the environment – or will they find it to be a turn off?
4. Do you need printing services – and, if so, what types and how much?
Be sure to ask about the amount of printing credits or discounts that the coworking space will provide you at local printers before signing a lease – you don’t want any nasty, expensive surprises.
5. Are the coworking space’s owners/managers actively involved? Are they available to tenants?
In general, the better access that you have to the folks in charge the more likely it is that any issues that may arise for you will be resolved quickly and satisfactorily.
6. Will you always be in one location, or do you need access to office space in multiple locations in other cities while traveling?
Be sure to understand to what remote arrangements your local rental entitles you – whether at locations under the same brand or at those offered via partnerships.
7. What kind of on-site resources does the coworking space provider offer?
What technologies are available to you? How many people are there to assist you if you have issues? Know the number of community managers, receptionists, and tech support personnel who are dedicated to helping you during the day and off hours. Understand how many other people work in the space – so you understand the ratio of helpers to people who may need assistance.
8. How well does the provider secure the technology infrastructure that you will be using?
Find out about the cybersecurity practices of the coworking provider. You want to make sure that using its infrastructure will not put you and your business at risk.
Office space productivity matters to employee. But finding the right balance to meet varying employee needs is often easier said than done.
Does workspace really matter when it comes to productivity?
Office space productivity can be improved by providing employees with options for both privacy and interaction.
Give Workers Space
Space is important to employees. If your business has an open floor plan, provide spaces where employees can get away when they need to do heads-down work. People value “a place to call their own,” says Chris Denny, founder of Attention to Detail, a productivity consulting firm. There is no one-size-fits-all approach, but flexibility and creativity can be key to achieving office space productivity.
Focus on Flexibility
Workers are varied and their needs and preferences of workspaces are too. The best option may be to design workspaces with flexibility in mind. Employees shouldn’t necessarily be relegated to just a single workspace or area. Employees with a private office space may, at times, want to work collaboratively with others. Shared spaces can provide the opportunity to be flexible depending on the type of work and the preferences of the individuals involved. Businesses should design spaces to play to the strengths of their employees — building flexibility in from the outset. For instance, instead of having fixed walls, organizations can use movable barriers or dividers to allow different types of configurations. As business needs change, these types of flexible and movable space options can change with the business as well.
Little Touches Can Go a Long Way
Not all employers have the ability to physically provide private space, natural light or other amenities for employees. Still, much can be done to improve the environment. Sometimes little things really make a difference to staff, such as the ability to look out a window that offers natural light and a welcome distraction from cubicles and workspace. Or, the ability to step outside for a walk instead of holding a meeting in a conference room. Employees might also appreciate the flexibility to decorate their workspaces with items from home including artwork, plants or family photos.
By being flexible and listening to input from your staff members, you can find the right focus on office space productivity to meet employee and organizational needs and budgets. Whether your organization has the budget or wherewithal to make major changes to workspace layouts, there are clearly a number of things that can be done to help find the right balance between private and open work areas to meet the individual preferences of employees.
Entrepreneurship is an exciting journey to embark on that will lead to an autonomous lifestyle and unimaginable success. However, while entrepreneurship is one of the most desirable paths, there are certain aspects of entrepreneurship that are necessary in order to truly be successful at it. For this reason, we’re going to provide you with 6 human needs every entrepreneur must know.
6 Human Needs Every Entrepreneur Must Know:
As an entrepreneur, you are a leader, and a leader must know their vision and be ready to act accordingly. It is important to be certain about the path you are taking because you set the tone for your business. Your team will follow suit if they know that you believe in your vision wholeheartedly. Ultimately, nothing shows this best than have a productive workspace for you and your team. These are important decisions that an entrepreneur must continue to make for their business. For instance, if you notice that there is a knowledge gap among some of your employees, then providing training at a training venue for those individuals will not only help them do their job more efficiently, but help your business.
Just like certainty, entrepreneurs need to clear up uncertain about things pertaining to your business because everything will not always align with your vision. You have to clearly understand your vision and know what it takes to see that vision through. For instance, some companies do not require their employees to come to work every day. Instead, they can work more efficiently by conducting their work at home and checking in for scheduled meetings. As an entrepreneur, you may decide that your team works best utilizing a virtual office rather than coming in. Essentially, entrepreneurs must be strategic and think twice about the decisions they are making to ensure they are always benefiting their business.
Entrepreneurship is all about significance. Significant entrepreneurs attract the right audience and can command a room. Essentially, what makes an entrepreneur significant is how they perceive themselves. This directly translates to what they choose to invest in. If you don’t invest much into your business, then you can’t expect people to invest either. On the other hand, making investments in your business leads to optimum results. For example, having a dedicated working space communicates to your employees that your business is important. Ultimately, it sets the standard and gives your organization significance as a whole. Your team will be more willing to invest their time as a result.
It is important for entrepreneurs to be able to not only connect with their customers, but their team as well. After all, they are the individuals that are going to support you in taking your business to the next level. This is why office spaces are important. You need an area where you can meet and collaborate with your team to show that they are included in the decision making process.
Entrepreneurship requires growth. This is the only way to learn, improve, and take your business to the next level. As your business grows, you will find that you, along with your employees, will need to learn new things whether it be new technology or business processes. For this reason, training venues will be an integral part in ensuring you and your team can continue to keep up with the demands of the business.
No entrepreneur has become successful alone. However, they have received valued support to help make their business better. Contributions from others will help you get a different perspective on your business and will help bring fresh ideas that can improve your business drastically. Having a dedicated office space will allow you to collaborate with your team on the regular so that you can co-work and get the most out of the workday.
WorkSocial is Here to Help Entrepreneurs Thrive
Worksocial is a company that is helping individuals connect, create, and grow. We help make it possible for entrepreneurs to excel and take their business to the next level. Ultimately, we have dedicated office spaces fit for any business. Whether you are looking to conduct meetings, train staff, or work on important projects, we have a space for you.
Our goal is to help entrepreneurs be professional, work more efficiently, and be successful. If you have any additional questions on the services we provide, contact us and we’ll be happy to help.