A coworking space is a shared work environment that provides professionals with the opportunity to collaborate and network. With flexibility being one of the main drivers behind organisations changing their way they work, shared workspaces provide a range of benefits from knowledge sharing and collaboration to improved wellbeing and increased productivity.
While most coworking spaces are used by freelancers, they also cater to small businesses and large enterprises alike. Many coworking spaces offer pay-as-you-go agreements, allowing members to rent workspace as they need it and avoid the expense of leasing or buying their own private office. Whether a team needs extra desks for a new project or a larger office for an important client pitch, these types of flexible contracts can be adapted on a daily basis to suit individual needs and budgets.
In addition to a variety of office amenities, these type of spaces often host networking events, training programs, lunches, and social activities that allow members to build connections outside of their normal work routine. This helps to keep members engaged and connected with their colleagues and can lead to future business partnerships.
For remote workers who tend to struggle with isolation, going to a specialized workspace can help them get in the work mindset and overcome distractions that may be found at home. For example, when working from home it’s easy to be pulled away from work by household chores, kids, pets, and general day-to-day tasks. Heading to a coworking space removes these distractions and makes it easier for people to produce.