Are Coworking Spaces Worth It?

You may be thinking about renting a spot in a coworking space if you work from home. After all, working from home can be isolating, not to mention distracting with things like the laundry and a fully-stocked fridge tempting you! But are coworking spaces worth it? Let’s take a look at the pros and cons.
What Are the Pros of Coworking Spaces?
Coworking spaces can be a great way to connect with others and help avoid the isolation of working from home. In fact, they provide an environment specifically designed for productivity, networking, and collaboration.
See, coworking spaces promote collaboration and act as physical extensions of an individual’s office that provides resources, technology, and amenities. Not only that, but members can find a sense of community and social interaction in coworking spaces not found when working remotely.
The cost of renting a coworking space is typically comparable to or even cheaper than renting traditional office space for one person. All these factors make coworking spaces an attractive investment for many businesses looking for more affordable and modern workspace options.
What Are the Cons of Coworking Spaces?
Coworking spaces may not be the right fit for everyone. For example, it may not work for you if you like a lot of privacy while working, as there tend to be a lot of people around at any given time.
And with so many different things going on around you, there is also the potential issue of files going missing or technological problems. With so many different businesses and workers using different programs and resources at the same time, it can be hard to solve these kinds of problems efficiently.
Furthermore, how productive one is in a coworking space can depend on how well you can filter out the noise and other distractions that such open office settings often have. Even if it is packed with like-minded folks and brimming with creativity, familiarity and consistency may be key to getting work done effectively.
Ways to Mitigate the Cons
While there may be some potential disadvantages to joining a coworking space, there are ways to help mitigate them. For example, investing in new technologies that enable effective communication and collaboration between remote workers would benefit employees and business owners to reduce or eliminate some of these issues. Additionally, some coworking spaces may offer integrated cloud-based tools that enable teams to share documents and other materials easily.
The broad range of technologies available will not only increase the efficiency of employee productivity but also help eliminate the hassle of dealing with unanticipated problems like technical malfunctions or missing files. By utilizing the latest technology, businesses can increase quality output and facilitate smoother workflows.
The Bottom Line
So, are coworking spaces worth it? Well, coworking spaces offer many benefits, but also come with potential drawbacks. Taking the time to understand these and seek out solutions can help ensure that your workspace is a productive and comfortable environment for you or your team. Ultimately, there are many factors to consider when it comes to deciding if coworking spaces are worth it, but with the right strategy in place, they can be extremely beneficial investments.
Still looking for the right workspace? We’d be happy to help! Click here to see what La Collective has to offer, and inquire about one of our workspaces today.