Coworking is not just for start-ups; large corporations can also benefit from it.
Even though previously business owners and independent contractors occupied these shared spaces, huge organizations are now openly embracing the idea.
As coworking grows more appealing to multinational occupiers than traditional offices, it houses many large and important organizations. According to data, corporates currently make up almost 50% of all businesses that use coworking spaces.
What are the advantages of a coworking space for start-ups?
- Can help to inspire collaboration and innovation
- They are a hassle-free and cost-effective way of working such as low start-up costs that can be a massive boost for every new company
- Small businesses are able to experience a great workplace culture.
- Ensures every day is full of networking opportunities because of the mix of people enabling contacts with counterparts or other industries.
- They are flexible: can be rented for however long you need it, whether it’s weeks or months. If it works for you, there’s no limit to the length of time you can continue working there.
What are the benefits of a coworking space for big businesses?
When companies need to grow quickly, they may easily accommodate more employees in a coworking space that has been set up for them rather than experiencing the typical expense of renting a new office building.
All necessary amenities, like a strong internet connection, conference rooms, a kitchen, a front desk, and other services, are handled by the space owner. As a result, the business may concentrate just on its core operations without having to commit to a lease. All they have to do is rent a workstation when they require one.
And if you’re lucky enough to work at @Work Coworking Office Space in Cape Town, Bloubergstrand, you will be provided with all inclusive coffee and light snacks too!
How do employees of coworking spaces benefit?
- Provides access to the amenities and cultures created by numerous diverse people and businesses all working under one roof.
- They can value the greater levels of flexibility and the ability to network, as well as enjoying a strong sense of community.
Does the future look promising for coworking environments?
Coworking is the future. According to study from Small Business Labs, in 2016 there were just over one million coworking space renters worldwide. By 2021, it is expected to increase to approximately four million.
According to the survey, coworking spaces satisfy both the growing need for employment and the need for fulfilment. Particularly those freelancers and business owners who typically work alone have discovered that coworking can help them overcome the negative effects of isolation.
