Why small businesses should use shared offices?
Why small businesses should use shared offices?
Why small businesses should use shared offices?
Creation date: 15 June 2022
Last update: 2 months ago
Time to read: 5 minute
Creation date: 15 June 2022 Last update: 2 months ago Time to read: 5 minute
Creation date: 15 June 2022 Last update: 2 months ago Time to read: 5 minute
Titles Contents:
- Introduction
- Small and growing businesses need community support
- 5 benefits of setting up a business in a coworking space
- Networking Opportunities
- Available office space amenities
- Increase in productivity and company output
- Improving work-life balance
- Cost efficiency
- iHiT coworking spaces for your growing business
1.Introduction
We have seen companies that start out and soon after close down due to difficult conditions in the market. Most of these problems in the market are easily avoidable when you have a community of like-minded individuals or companies that have gone before you and have a bit of experience in the matters you are facing in your business. So, it is advisable that when looking to start your business or when you are trying to make any major business moves, you should probably look into setting up an office space in a shared working space.
When an idea comes to mind and you believe in it. It is important that first as you put your idea into action, start by developing relationships with clients and the businesses around you. You can only do this if you are surrounded by a community, but working virtually from home would not give you an advantage to the market you could be targeting since you need constant interaction.
We have looked at topics like, how to grow your business in a coworking space and what a coworking space is as well as comparing between working from home and at a shared office space, the material on these blogs gives you information to base your decision on whether or not to take up a coworking space package for your business and what benefits you stand to enjoy. In this blog you will see some reasons why you could choose to have your business set up an office in the coworking space environment.
2. Small and growing businesses need community support
Optimizing the use of resources is important for small businesses. High productivity requires a good work environment. In many ways, affordable coworking spaces were designed with small businesses in mind. In the early stages of a business, affordable and flexible amenities are critical to productivity. Resources are lean when it comes to managing a small business.
3. 5 benefits of setting up a business in a coworking space
Your small business could potentially benefit from being in a shared work space community. Not only can it help boost your employees’ creativity, but it can amplify the business opportunities in the market because the work atmosphere is one of the most important factors for work efficiency.
3.1. Networking Opportunities
whether you are working as a freelancer or part of a team in a start-up, a coworking space is like a pool of opportunities for you. Imagine how easy it would be to negotiate services you need, recruit new employees as your business grows, learn from other businesses for free or discover new clients if all of those parties were part of your workspace community, affordable coworking spaces put you at that advantage. You have a vast range of specialists at arm length. All you have to do is start a conversation.
3.2. Available office space amenities
In a shared workspace environment, you do not need to bother to acquire office equipment or be involved in maintenance of these amenities as you would if you had a private office space. In a coworking workspace, you do not need to have a technical team to check on the condition of the equipment since all that is already taken care of. Also, you have the privilege of using expensive and quality equipment, which is otherwise a big cost for a small business. In a rented coworking space you do not need to worry about equipment maintenance, a complete team will do it for your start-up. You just need to focus on growing your business.
3.3. Increase in productivity and company output
Small business owners, especially those who operate remotely get to experience increased productivity after moving their office to shared working spaces. Coworking spaces increase work output, this is because distractions are greatly reduced and all those around you and people who work in a cost-effective shared workspace seek to focus and do their work.
According to the Harvard Business Review research, people who work in a coworking space feel more in control of their jobs and business and find their work more relevant, they also experience a sense of belonging to a greater community like them. All of these factors will boost team productivity in general.
3.4. Improving work-life balance
One of the most important things for a person is being able to maintain a healthy work-life balance. There are probably many benefits to working from home, but it can be very difficult to separate work and personal life. In a collaborative work environment, you are able to focus and put all distractions aside.
In addition, most shared workspaces have extra amenities that include meeting or conference rooms for rent to give you space to have focus group meetings and a restaurant to offer refreshments for your team and clients.
3.5. Cost efficiency
Have you ever stopped to consider just how expensive it is to furnish an entire private office space? How about the cost of getting all of the necessary technology installed and operational?
In a shared workspace you don’t need to think of these costs, you can get a coworking space for rent by the day or for a long-term arrangement and just pay for that and forget about equipment maintenance costs and things like furnishing the office.
4. iHiT coworking spaces for your growing business
For more information on how to get your business up and running in a shared work space community, follow the links below to get more information about coworking spaces and why you need the shared space environment to experience growth in your business.
Titles Contents:
- Introduction
- Small and growing businesses need community support
- 5 benefits of setting up a business in a coworking space
- Networking Opportunities
- Available office space amenities
- Increase in productivity and company output
- Improving work-life balance
- Cost efficiency
- iHiT coworking spaces for your growing business
1.Introduction
We have seen companies that start out and soon after close down due to difficult conditions in the market. Most of these problems in the market are easily avoidable when you have a community of like-minded individuals or companies that have gone before you and have a bit of experience in the matters you are facing in your business. So, it is advisable that when looking to start your business or when you are trying to make any major business moves, you should probably look into setting up an office space in a shared working space.
When an idea comes to mind and you believe in it. It is important that first as you put your idea into action, start by developing relationships with clients and the businesses around you. You can only do this if you are surrounded by a community, but working virtually from home would not give you an advantage to the market you could be targeting since you need constant interaction.
We have looked at topics like, how to grow your business in a coworking space and what a coworking space is as well as comparing between working from home and at a shared office space, the material on these blogs gives you information to base your decision on whether or not to take up a coworking space package for your business and what benefits you stand to enjoy. In this blog you will see some reasons why you could choose to have your business set up an office in the coworking space environment.
2. Small and growing businesses need community support
Optimizing the use of resources is important for small businesses. High productivity requires a good work environment. In many ways, affordable coworking spaces were designed with small businesses in mind. In the early stages of a business, affordable and flexible amenities are critical to productivity. Resources are lean when it comes to managing a small business.
3. 5 benefits of setting up a business in a coworking space
Your small business could potentially benefit from being in a shared work space community. Not only can it help boost your employees’ creativity, but it can amplify the business opportunities in the market because the work atmosphere is one of the most important factors for work efficiency.
3.1. Networking Opportunities
whether you are working as a freelancer or part of a team in a start-up, a coworking space is like a pool of opportunities for you. Imagine how easy it would be to negotiate services you need, recruit new employees as your business grows, learn from other businesses for free or discover new clients if all of those parties were part of your workspace community, affordable coworking spaces put you at that advantage. You have a vast range of specialists at arm length. All you have to do is start a conversation.
3.2. Available office space amenities
In a shared workspace environment, you do not need to bother to acquire office equipment or be involved in maintenance of these amenities as you would if you had a private office space. In a coworking workspace, you do not need to have a technical team to check on the condition of the equipment since all that is already taken care of. Also, you have the privilege of using expensive and quality equipment, which is otherwise a big cost for a small business. In a rented coworking space you do not need to worry about equipment maintenance, a complete team will do it for your start-up. You just need to focus on growing your business.
3.3. Increase in productivity and company output
Small business owners, especially those who operate remotely get to experience increased productivity after moving their office to shared working spaces. Coworking spaces increase work output, this is because distractions are greatly reduced and all those around you and people who work in a cost-effective shared workspace seek to focus and do their work.
According to the Harvard Business Review research, people who work in a coworking space feel more in control of their jobs and business and find their work more relevant, they also experience a sense of belonging to a greater community like them. All of these factors will boost team productivity in general.
3.4. Improving work-life balance
One of the most important things for a person is being able to maintain a healthy work-life balance. There are probably many benefits to working from home, but it can be very difficult to separate work and personal life. In a collaborative work environment, you are able to focus and put all distractions aside.
In addition, most shared workspaces have extra amenities that include meeting or conference rooms for rent to give you space to have focus group meetings and a restaurant to offer refreshments for your team and clients.
3.5. Cost efficiency
Have you ever stopped to consider just how expensive it is to furnish an entire private office space? How about the cost of getting all of the necessary technology installed and operational?
In a shared workspace you don’t need to think of these costs, you can get a coworking space for rent by the day or for a long-term arrangement and just pay for that and forget about equipment maintenance costs and things like furnishing the office.
4. iHiT coworking spaces for your growing business
For more information on how to get your business up and running in a shared work space community, follow the links below to get more information about coworking spaces and why you need the shared space environment to experience growth in your business.