Traditional business has altered dramatically in the previous decade as a result of new technology and the Internet. Coworking is a fantastic example of these shifts because today’s entrepreneurs are open to sharing offices and operating in the same environment as freelancers or employees from other organizations.
According to a recent study, well over 1.1 million people work in around 14 thousand coworking throughout the world. The number is enormous, but it is anticipated to rise much further in the coming years.
This trend is growing in popularity, according to HR experts at Rush My Essay, because coworking lowers operational expenses and often leads to new business chances. We’ll go through 10 key characteristics of an effective coworking space below.
Cost
Most businesses do not require a complete building or even an entire floor. Coworking is an opportunity to cut operational costs; therefore, look for a low-cost location. This is the only logical solution because you would most likely not need to update the present workplace.
The number of coworking spaces is growing, but the rates remain quite low. At U Office Executive Suites in Texas, the average monthly cost of a virtual office membership is only $79.
Location
Location is the second most important deciding factor when choosing the best coworking space in Texas. You don’t want to waste too much time commuting, but you also want to be near prospective clients and other industry hubs.
Coworking comes with the benefits of proximity. Coworking spaces are often located in urban areas with frequent transit options such as subways and buses. Look for a coworking space that is nearby to both your house and other business-related locations.
Atmosphere
You won’t fully appreciate the structure of a coworking space unless you spend a bit of time there, but you’ll get a sense of the atmosphere right away. Choose a location where you and your coworkers will feel at ease. According to one survey, 60 percent of workers feel more relaxed since coworking, owing to the overall mood of a stress-free workplace.
One advantage of coworking is that you’re not stuck with the same desk and chair for an entire day. Another is that as mentioned above, coworking spaces are generally located in beautiful urban settings, which can make the experience of working in one more attractive than working in a conventional office.
Community
A great atmosphere is usually the product of a well-coordinated community. Some of the top coworking brings together professionals from the same or similar industries. They must not be rivals, but like-minded people who can form bonds much more easily than usual.
For example, more than 40% of members in coworking spaces are freelancers, while IT companies are the top businesses that take advantage of the benefits of coworking spaces. They understand each other and, sometimes, even initiate mutual projects, which is a wonderful outcome of coworking.
Through coworking spaces, we can come together as a community for problem-solving, learning, and working, rather than simply working alone in our own silos. Work with others, collaborate, and communicate — coworking makes it much easier to work together and achieve results.
Safety
As a business owner, you undoubtedly want your database, business records, and other assets to be safe. Only look for places that have good safety requirements, both traditional and digital.
Check to see if the coworking space has a security guard and if there are any surveillance cameras. In addition, examine their anti-hacking software and protocols in the event of a data breach. You don’t want to rent a coworking space, no matter how fantastic it is, if it is untrustworthy.
Equipment
Coworking spaces are social environments that provide shared resources to members who work in a community space or participate in a coworking meetup. Everything must be included, from tiny items such as staples and pens to larger items such as printers and copiers. Naturally, a stable and high-speed Internet connection, landlines, and other physical devices are required.
As with cafes, coworking spaces provide a designated physical workspace, a community of peers, and access to the equipment and services that they need to get their job done. What sets coworking apart from other shared spaces is that the primary focus is on collaboration and productivity, not just on working. This means that the places to co-work are often more office-like than common spaces and have high ceilings, lots of natural light, and private rooms dedicated to working.
Workout
Most workers want to stay in shape, but the majority of them may not have enough time to work out when they return home. Some people like to exercise during their lunch break, so you could look for a coworking space with a gym. It doesn’t have to be a traditional gym break; a yoga session or a treadmill run will suffice to refresh you before returning to work.
Conference rooms
Most clients and business acquaintances will not mind holding a meeting in a coworking space. However, it is also important to provide them with a more comfortable atmosphere and to arrange a meeting without external distractions. Therefore, a good coworking should have at least one or two meeting rooms. This is generally sufficient because coworkers are often required to reserve the meeting room in advance.
Kitchenette
Millennials comprise the vast majority of the coworking population. They seek extra benefits such as free snacks and drinks in addition to typical office elements. We recommend that you follow this trend and look for a coworking space with a pleasant and cozy kitchen area or perhaps a lounge bar. This helps you to unwind and truly appreciate the break, forgetting about professional tasks for a moment.
Team building
Even though you aren’t working with everyone around you in a coworking space, they are still your coworkers in certain ways. A good coworking space recognizes this and arranges team-building events regularly to foster the bonds amongst leaseholders. This can improve the office climate and make everyone more successful in the long term, so choose coworking places that offer specialized team-building programs.
Takeaway
Everything you need to grow your business and be successful is at your fingertips — and that’s just one of the reasons coworking is so popular. Coworking spaces are a unique combination of elements that serve to deliver the best experience possible to their members. They offer the resources you need to work and grow — without the restrictions of traditional office structures. Keep our advice in mind, and best of luck in selecting the perfect location for your company!
Coworking Space in Texas
The U Office Executive Suites’ mission is to simplify the way the world works. We provide professional office space and support spaces to small and medium-sized businesses in Texas, and we help them achieve their goals by improving their workflow with a well-designed coworking space.
Call us today at (832) 932-5165 or email us at info@uofficesuites.com to secure a membership!