What are some Benefits of Coworking & Shared Office Space?
According to the Global Workspace Association coworking spaces have grown by over of 200% in the past 5 years, with now more than 14,400 coworking spaces worldwide. Coworking and shared office space continue to challenge traditional real estate by creating experiential spaces that place the way you want to work at the heart of their operations. Course 11 at Uniland University discusses how coworking gives different business types the perfect blend of flexibility, savings and efficiency to meet your office space needs.
Sole Proprietors & Start- Ups – The ease and affordability of joining a shared workspace community brings the dream of having your own office within reach for individuals and start-ups. In a professional, shared office setting you can enjoy an environment that enhances your productivity, spurs your professional growth, and even improves your health, according to researchers at the University of Michigan. Coworking offices place you in a community of like-minded individuals who will challenge you to grow personally and professionally, and joins in celebrating your wins!
Small (2-24 employees) & Medium Businesses (25-99) – Small- and medium-sized businesses are using coworking spaces more and more as well — and for many of the same reasons as sole proprietors. The lower overhead costs, flexible space options, straight forward terms, and 24/7 access eliminate the hassle of setting up a traditional office, allowing your business to focus purely on — well, business! Coworking and shared office space offer onsite staff, dedicated to delivering business services and support to its members; ultimately saving you the cost to hire an employee, or headache of managing it yourself.
Large Businesses (100+ employees) – Many large businesses and enterprise corporations are using shared work spaces as an integral part of their business models. Fortune 500 companies like Verizon, IBM, Google, Microsoft, Bank of America, Starbucks and Citibank have all added coworking options to their operations. These large organizations are using these spaces as a means to retain talent and unite remote employees, ensuring they feel like they are part of the broader organization. Employers also use shared office communities to handle other space needs, such as renting rooms for trainings, confidential projects and HR matters like interviews, downsizing and merger/acquisition talks.