Co-working spaces emerged a decade ago as offices that served startups and freelancers. However, co-working spaces are not the same today, their appeal has broadened even to mainstream companies looking for the flexibility to increase their firm's operations or scale back operations as quickly as the situations demand. Furthermore, most entrepreneurs just want to avoid the hassle of setting up and maintaining their own offices while also decreasing overhead.
The cost is low and modern entrepreneurs can use features, such as conference rooms and photocopiers, at their disposal.
In fact, the concept of sharing the workplace has taken the corporate world by storm. Modern entrepreneurs and their team members can use these spaces for however long they like and build their businesses with all the professional tools needed to grow or even scale a business.
The fact is that in 2019, co-working spaces can positively impact start-ups as well as established entrepreneurs. There are a number of undeniable advantages of the co-sharing work space.
Here are seven reasons as to why co-working spaces are not just for lean startups anymore but also for established modern entrepreneurs:
Imagine an environment which is spacious,luxurious,affordable and hassle free. Sounds perfect, right? That’s what we’ve created with a creative co-working space.Less formalities and distractions, more productivity. Being surrounded by other modern entrepreneurs like you can also give you that extra boost of motivation. You’ll also have access to fully equipped conference rooms that will help you make the right impression all while increasing your productivity.
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Having a well-established network has become an important part of our lives. The easiest way to expand your network is to be apart of a co-working space. Being a modern entrepreneur can be difficult without a sense of community. With the right co-working space you will be surrounded by like minded entrepreneurs where you can share ideas and build a strong relationship that can last a lifetime. Working alone places a barrier between you and people who could potentially help your business. Co-working will put you close to people who might have vastly different skill sets or solutions to problems, allowing you to build professional and personal relationships.
Running a business will always mean that you have to contend with some level of fixed overhead costs. Choosing a co-working space is an easy way to eliminate many of those overhead costs. With a co-working space you don’t need to worry about additional utility bills or service providers. Everything you need is ready for you, all you need is your laptop! Grab Suite provides you and your business with the flexibility of daily, monthly and yearly rates starting at $40 per day.
Increased Well Being
It is important to create work-life balance, however a lot of today’s workplaces don’t have an environment to support that. At Grab Suite we provide high speed internet, gourmet coffee, world class printers, everything you need to get the job done. Not to mention, we offer access control security on every unit so you can rest assured your area is dedicated to you and your team members. Allowing you to do your job in a healthier, more relaxed environment.
As outlined earlier, co-working spaces are great for building your network and also for meeting new clients/team member. Many co-working members have noticed a significant increase in new clients due to the relationships they’ve established at their place of work. Co-working spaces give your business more exposure to a diverse group of potential clients. It’s also a great way to find new people to work with. That local accountant you’ve been searching for might just be sitting right next to you!
Becoming More Efficient
An office environment creates an energy and mindset that can only come from interacting with fellow workers. According to a recent study featured on Office Vibe , a co-working office environment made 64% of entrepreneurs more productive, 68% of entrepreneurs more focused, and 90% of entrepreneurs more confident. In a co-working space, where everyone is busy on their own passion projects, this will drive you on to make your own business a success.
Co-working spaces are accessible 24/7. Entrepreneurs can decide whether to put in a long day when necessary, or can decide to take a long break in the middle of the day to go on a lunch date or the spa. As a modern entrepreneur working from a co-working space you can choose whether you want to work in a quiet space so you can focus, or in a more collaborative space with shared tables where interaction is encouraged. You can even decide to work from home, without repercussion, if you need to deal with a family member need or just feel like staying home for that particular day(s). There are no contracts, no commitments, no frills. Just work space as you need it, when you need it.
As per the LA times article co-working has evolved and its appeal has proved more than a fad, a rush of start-ups has joined the competition, including one from the real estate services industry, which has long had a near monopoly on leasing office space. You can read more by clicking this link https://www.latimes.com/business/la-fi-los-angeles-coworking-wework-20190512-story.html
If you’re interested in finding a co-working space, or want to learn more about the concept, visit the Grab Suite website . We have a dedicated phone service and receptionist. Your company will carry a business number and full receptionist service, no matter how long you stay. Automatic call screening and personalized messaging make it easy for your company to stand out, no matter how long you choose to stay.
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