3 Reasons a Co-working Space Makes Sense for Your Startup
Are you a small business owner, looking for a place outside of your home to launch your startup? When you’re just starting out, renting an office space can be expensive and often completely unnecessary – especially when you have the option of a co-working space. We’re going to take you through 3 reasons why a co-working space makes sense for your startup, so you can have no hesitation about getting started.
If you aren’t too familiar with co-working, you may be under the impression that co-working does not provide you with much flexibility. After all, it’s just having the ability to rent a desk at the end of the day, right? Wrong! Not only does co-working provide many more benefits for your startup business, but you can pick the co-working space that suits your company best.
Gemma Ward of Bplan tells us why co-working still allows the ability to personalize your workspace:
One of the top reasons why a startup company would choose a co-working space would be the reduced office expenses. In fact, working in a co-working space is one of the most ideal ways to save money, while still reaping the benefits of an office environment.
Asma Hafiz of Coworkingmag.com talks about why co-working is the way to go when it comes to saving money:
“Coworking spaces give entrepreneurs and young startups an opportunity to work in a fully equipped office without having to worry about setting up their own private office. Establishing an office can be a tedious task which requires a lot of funds. One major benefit of coworking is that it is the best way to work in an office with minimum investment. By working in a coworking space you can operate your business without indulging in expenses that come with setting up an office.”
When you’re a startup business, building relationships is key to growing as an organization. After all, it’s all about who you know, and what better way to meet others in your industry than by co-working? You’re not exactly going to run into exciting new opportunities in your home office and your chance for building valuable relationships is small at your local coffee shop.
John Soloman of Chargebee.com expands on why co-working spaces are great for building relationships that will benefit your startup:
“You can build relationships that can help you and your startup at a coworking space. As you are building your company, you probably don’t have enough cash to hire more people to your team. Thus, you will be relying on freelancers to do most of the work you cannot do on your own.”
Now that you know why renting out a co-working space could be invaluable for your startup, check out our co-working space here and claim your desk.