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In the past several years, with the rising price of real estate and a growing number of freelancers and new entrepreneurs, most companies no longer require their employees to be linked to a specific workplace.

Coworking has exploded as a phenomenon and is a smart way for smaller companies to share space and services.  To get a better understanding of this concept, we’ve summed things up for you in the article below.

Coworking spaces are the optimal solution when it comes to making flexible office spaces available. The idea of ​​coworking originally emerged as a response to the need for small businesses, freelancers, and startups for cheap and flexible workplaces in central locations in large cities.

Especially in the creative industries and with start-up companies, the opportunity to rent a flexible workroom is very popular.

Coworking offers an excellent alternative to working from home, which is especially appreciated by remote workers. It gives them a sense of routine and stability while traveling or working remotely in another city or country. A good example are coworking villages in Costa Rica, as they are designed to offer remote workers and their families relaxed and productive lifestyles that are looking to remain connected. This, in turn, has resulted in a large expat community of like-minded people.

An advantage of these environments is that they encourage meetings, collaborations, and knowledge exchanges between people from different industries and backgrounds. They help each other and find solutions faster than if they were to act on their own.

These coworking spaces offer all the amenities that their users need to perform their jobs, such as furniture, internet, printers, meeting rooms, and an appealing environment. The coworking spaces can have a café-like design or a relaxed office environment.

Benefits Of Coworking Spaces

Social Networking In Coworking Spaces

At coworking spaces, entrepreneurs from completely different industries meet. IT specialists and business consultants work side by side with journalists and graphic designers. It’s a perfect way to make contacts, especially for young entrepreneurs. Successful marketing should include as many channels as possible. It can be, for example:

  • digital platforms
  • personal meetings

Optimal Infrastructure

In the real estate market, the golden rule is usually: The better the location, the higher the rent. For many self-employed people, it’s not relevant to rent offices far outside the city center. It can be due to quite a few different things:

  • it takes too long to travel to and from the office
  • you often have customer meetings in the city
  • the communications are poor or completely missing

Coworking spaces can keep costs down even though the location is attractive. The premises are often strategically located to public transport and are also close to malls, cafés, and restaurants.

High Comfort

Another plus with coworking spaces is that you as a renter do not have to worry about the interior. As a rule, the office rooms are already equipped with everything needed in a modern workplace:

  • fast internet
  • ability to connect different types of devices
  • comfortable furniture
  • nice common areas

The space creates a pleasant atmosphere where you can not only work more efficiently but it also makes it more fun to go to the office.

Flexibility

Digital development has fundamentally changed working life. Nowadays, modern companies demand different skills than before. Nowadays, employees are often sought with abilities such as:

  • creativity
  • spontaneity
  • ability to work together
  • willingness to compromise

To keep up with the rapid technological and economic development, today’s workers are faced with new challenges almost daily. It requires flexibility from several perspectives – both in terms of time, space and money. Coworking spaces are the perfect environment to live up to all these requirements. As a tenant, you do not have to commit to long-term contracts but can use the office space per hour, day, or week. If your team grows or shrinks, you can easily adjust the number of places.

You choose your working hours and can come and go as you please. Even what some people think are the disadvantages of coworking spaces become advantages, because you practice important skills. The limited space means that everyone becomes part of the community and needs to consider each other, communicate openly and work together as a large team.

Final Thoughts

From a purely professional perspective, you get the opportunity to do business and start collaborations that you would not have had the opportunity to otherwise. However, the sense of community is the central aspect of coworking.

Companies in a coworking space often help each other, receive knowledge exchanges and work together in new ways.  Many people have found it fun to meet new people, which gives an increased dynamic in the workplace.