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10 April 2024

How to grow our business in a coworking space?

How to grow our business in a coworking space?

How to grow our business in a coworking space?

Creation date: 10 April 2024
Last update: 6 months ago
Time to read: 5 minute

Creation date: 10 April 2024 Last update: 6 months ago Time to read: 5 minute
Creation date: 10 April 2024 Last update: 6 months ago Time to read: 5 minute

Titles Contents:

How to grow our business in a coworking space?

  1. Why set up my business in a shared work space?
  2. How will the coworking space environment help my business grow?
    • Wide exposure to new markets
    • Networking opportunities
    • Cost efficiency and plan flexibility
    • Unlimited access to services and amenities
    • Access to support services
    • Being adaptable to market changes
    • Growing a social media presence
  3. How iHiT Coworking spaces empower business growth

1. Why set up my business in a shared work space?

Why set up my business in a shared work space?

There are a number of reasons why setting up your business at a shared workspace can be beneficial, as covered in our previous blog on everything you need to know about coworking spaces, from saving on costs, increased chances to build your network to access to shared amenities, you get to experience growth in your  ways of conducting business. A coworking space is a workspace where you can improve your business while still experiencing growth. In this blog you will to learn how to use the shared workspace environment to ensure your business grows.

2. How will the coworking space environment help my business grow?

Working in a coworking space environment is mostly appreciated by people in industries that do not depend on office presence, as you probably know, individuals like, freelancers, remote workers and those whose work is mainly out of the office, working in a  coworking space is more ideal. When looking for a shared work space for rent, there is a lot you need to know so as to help achieve growth in your business.

Here are some of the factors about coworking spaces that you need to consider to ensure your business grows in a coworking space environment.

2.1. Wide exposure to new markets

The impact of coworking space on business growth : Wide exposure to new markets

Being part of a shared work space community, gives you the right exposure to new local and international markets since there are many startups, freelancers, and researchers working in the collaborative workspace.

Each of these people provide an opportunity to grow and get more networks for your business . By getting familiar with your coworking space community and businesses that work in the coworking space environment you increase your chances to meet new markets.

2.2. Networking opportunities

The impact of coworking space on business growth : Networking opportunities

By being in a coworking space community, you get to interact with different people in similar industries and you get automatically connected to new professional networks. In some shared spaces for rent, once you are a part of the community, they encourage holding events and socializing activities that also expose your business to new clients, partners and potential investors as well. In coworking spaces environment also, it is common that many events are held by people in different fields. By participating in these events, try and leave an impression. This might give you an upper hand when trying to thrive in a shared working space community since, you get to interact with  individuals and companies in similar industries allowing you to grow your business

2.3.Cost efficiency and plan flexibility

The impact of coworking space on business growth : Cost efficiency and plan flexibility

When you are just starting your business, the most stressful bit is ensuring that your business stays a float and that you are able to afford to pay your team and keep the operations running. As you are looking for a coworking space for hire, you need to make sure that it is an affordable shared working space and it should also be a space that give you the allowance to grow your team as your business thrives. As opposed to having a private office for rent, where you may feel tied down by the lease, having a shared work space, gives you room to go through the ups and downs of setting up and growing your business.

2.4. Unlimited access to services and amenities

The impact of coworking space on business growth : Unlimited access to services and amenities

As you are looking for the best coworking space for your business, it is important to know the facilities that you will get to enjoy as part of the package, some coworking spaces for rent come with access to facilities like, high speed internet, printing services as well as offering meeting and conference rooms spaces for rent for your private meetings and functions as well. For some shared work space packages, you also get to enjoy administration support where your guests and office deliveries are received on your behalf.

2.5.Access to support services

The impact of coworking space on business growth : Access to support services

For some shared work spaces, as seen in our previous blog, everything you need to know about coworking spaces, they offer support to the businesses within their community, this is regarding finances or any training that may be needed to improve the businesses present.

2.6.Being adaptable to market changes

The impact of coworking space on business growth : Being adaptable to market changes

By setting up your business in a rental shared work space, you have the space to be flexible and adaptable to changes in your industry. When you would like to downsize or upscale your business, being part of a coworking space community, allows you to continue operating as usual. Some shared work spaces also allow you to switch to a virtual office when need be.

2.7. Growing a social media presence

The impact of coworking space on business growth : Growing a social media presence

Having a social media presence as well, could play a role in growing your business since in this day and age, most of the deals in business are made in the digital space. Those social media followers can be your potential customers. Having your business set up in a coworking space that is active on social media and has followers who can interact with your business improves your chances to experience company growth.

3. How iHiT Coworking spaces empower business growth

How iHiT Coworking spaces empower business growth

As iHiT, we strive to help members of our coworking space grow their business. iHiT, by acting as a bridge between Iranian investors and Kenyan startups and businesses, has made it easy to find investors and potential leads for businesses within the coworking space community.

Join our coworking space community today by contacting us  to gain opportunities to scale up your business. Get more information about how to setup and grow your business in a coworking space environment by reading some of our blogs below:

Titles Contents:

  1. Why set up my business in a shared work space?
  2. How will the coworking space environment help my business grow?
    • Wide exposure to new markets
    • Networking opportunities
    • Cost efficiency and plan flexibility
    • Unlimited access to services and amenities
    • Access to support services
    • Being adaptable to market changes
    • Growing a social media presence
  3. How iHiT Coworking spaces empower business growth

How to grow our business in a coworking space?

1. Why set up my business in a shared work space?

Why set up my business in a shared work space?

There are a number of reasons why setting up your business at a shared workspace can be beneficial, as covered in our previous blog on everything you need to know about coworking spaces, from saving on costs, increased chances to build your network to access to shared amenities, you get to experience growth in your  ways of conducting business. A coworking space is a workspace where you can improve your business while still experiencing growth. In this blog you will to learn how to use the shared workspace environment to ensure your business grows.

2. How will the coworking space environment help my business grow?

Working in a coworking space environment is mostly appreciated by people in industries that do not depend on office presence, as you probably know, individuals like, freelancers, remote workers and those whose work is mainly out of the office, working in a  coworking space is more ideal. When looking for a shared work space for rent, there is a lot you need to know so as to help achieve growth in your business.

Here are some of the factors about coworking spaces that you need to consider to ensure your business grows in a coworking space environment.

2.1. Wide exposure to new markets

Being part of a shared work space community, gives you the right exposure to new local and international markets since there are many startups, freelancers, and researchers working in the collaborative workspace.

Each of these people provide an opportunity to grow and get more networks for your business . By getting familiar with your coworking space community and businesses that work in the coworking space environment you increase your chances to meet new markets.

The impact of coworking space on business growth : Wide exposure to new markets

2.2. Networking opportunities

The impact of coworking space on business growth : Networking opportunities

By being in a coworking space community, you get to interact with different people in similar industries and you get automatically connected to new professional networks. In some shared spaces for rent, once you are a part of the community, they encourage holding events and socializing activities that also expose your business to new clients, partners and potential investors as well. In coworking spaces environment also, it is common that many events are held by people in different fields. By participating in these events, try and leave an impression. This might give you an upper hand when trying to thrive in a shared working space community since, you get to interact with  individuals and companies in similar industries allowing you to grow your business

2.3.Cost efficiency and plan flexibility

When you are just starting your business, the most stressful bit is ensuring that your business stays a float and that you are able to afford to pay your team and keep the operations running. As you are looking for a coworking space for hire, you need to make sure that it is an affordable shared working space and it should also be a space that give you the allowance to grow your team as your business thrives. As opposed to having a private office for rent, where you may feel tied down by the lease, having a shared work space, gives you room to go through the ups and downs of setting up and growing your business.

The impact of coworking space on business growth : Cost efficiency and plan flexibility

2.4. Unlimited access to services and amenities

The impact of coworking space on business growth : Unlimited access to services and amenities

As you are looking for the best coworking space for your business, it is important to know the facilities that you will get to enjoy as part of the package, some coworking spaces for rent come with access to facilities like, high speed internet, printing services as well as offering meeting and conference rooms spaces for rent for your private meetings and functions as well. For some shared work space packages, you also get to enjoy administration support where your guests and office deliveries are received on your behalf.

2.5.Access to support services

For some shared work spaces, as seen in our previous blog, everything you need to know about coworking spaces, they offer support to the businesses within their community, this is regarding finances or any training that may be needed to improve the businesses present.

The impact of coworking space on business growth : Access to support services

2.6.Being adaptable to market changes

The impact of coworking space on business growth : Being adaptable to market changes

By setting up your business in a rental shared work space, you have the space to be flexible and adaptable to changes in your industry. When you would like to downsize or upscale your business, being part of a coworking space community, allows you to continue operating as usual. Some shared work spaces also allow you to switch to a virtual office when need be.

2.7. Growing a social media presence

Having a social media presence as well, could play a role in growing your business since in this day and age, most of the deals in business are made in the digital space. Those social media followers can be your potential customers. Having your business set up in a coworking space that is active on social media and has followers who can interact with your business improves your chances to experience company growth.

The impact of coworking space on business growth : Growing a social media presence

3. How iHiT Coworking spaces empower business growth

 

How iHiT Coworking spaces empower business growth

As iHiT, we strive to help members of our coworking space grow their business. iHiT, by acting as a bridge between Iranian investors and Kenyan startups and businesses, has made it easy to find investors and potential leads for businesses within the coworking space community.

Join our coworking space community today by contacting us  to gain opportunities to scale up your business. Get more information about how to setup and grow your business in a coworking space environment by reading some of our blogs below:

11 Factors about co-work

Reasons why every business should consider business coworking space

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