Have A Start Up? Here's Why A Co-working Space Is Right For You

Started your business!.. Your thrilling idea is finally coming alive.. loads of questions on your mind but the first most important question: Where are you going to be based to see the dream come alive?

First thought: work from home! The answer - No, your home shouldn’t be your office! Your home is your sanctuary, your safe space.. Do you really want to work in the place where you unwind, relax and spend time with your loved ones? What happens when the project that started as a one person show ends up becoming more than that; what happens when you’re a team of more than just one? 

The solution to one of the most important question is a co-working space. Here’s why:

1. Superior and more structured facilities over your local coffee shop and your home office: the coffee shop and your home office have their fair share of challenges. From the annoying noise and household chores to the day-to-day activities of running a home, the distractions are aplenty. Co-working spaces have all the facilities you would need to get work done i.e. power connections, seamless wifi, infrastructure and more.

2. Co-working spaces are more cost effective: Paying only for the space you and your team use i.e. the desk space doesn’t cost you a fortune! Additional perks like complimentary pantry services ensure that you have your caffeine fix available anytime and that it doesn’t cost you anything on top, unlike a coffee shop where you’re paying for the coffee and the distractions! 

3. A large network: Setting up shop in a co-working space means that you’re networking with like minded people. Stats have shown that more and more entrepreneurs, freelancers and digital nomads are using these co-working spaces.

4. There is plenty of advice: A co-working space can present many opportunities to get professional advice and help. Help could come from the large community or your network and if that doesn’t work for you, there are community managers on site who are more than happy to help you move in the right direction.

5. Scale up on demand: Your business has just started. But the  dream of having a team to help the business grow and expand is never far. Co-working spaces give you the opportunity to grow on demand. Cube Room is an aggregator of co-working spaces which enables you to scale up on demand i.e. as and when your team starts growing from 1 to 2 to 10, without worrying about the facilities and infrastructure.

Freelance Reasons Why A Co-Working Space Rights For You

As a Freelancer, you may have the independence to work from home but, this comes with difficulties such as isolation, distraction and even loneliness. The massive rise of co-working is in part because co-working spaces offer freelancers a solution to these problems. Freelancers can easily find a supportive co-working space that mimics their working style and preferred working environment.

The continued growth in the co-working segment shows that these spaces not only offer solutions to the home-workers woes but also are beneficial to freelancers for numerous reasons:

1. Social environment:

Humans are social animals. They cannot survive without communication. Co-working spaces provide you with a platform to connect with like minded individuals and develop long term relations. 

2. Boosts morale:

Co-working spaces provide the opportunity for individuals to collaborate, connect and engage with each other which in turn helps in boosting your morale. 

3. Networking :

Co-working spaces offer abundant opportunities for freelancers and entrepreneurs to network and collaborate. These opportunities can prove to be vital to gain a potential client base and also to build onto your existing network.

4. A professional outlook:

 Co-working spaces offer individuals the ability to conduct meetings with clients and potentials clients at their conference rooms and meeting rooms. The appearance of professionalism has become essential to gain and maintain a loyal customer base. This sense of professionalism cannot be offered at the individuals home office.

5. Increased motivation and productivity :

When you work in a professional environment you are forced to focus on your tasks at hand and not about the pending chores at home. This kind of structure, positive working environment and motivated peers helps increase the productivity and motivation of the average worker.  

Co-working: Space As A Service | Cube Room

Co-working spaces have envisaged a third way of working, halfway between a ‘standard’ traditional workplace and an independent work at home life. Co-working spaces have shown significant-cant global diffusion over the past few years. In the next few years, 25% more companies are expected to migrate into co-working spaces. 

We bring to you 5 reasons why you should work from a co-working space: 

1. Find Meaning: Co-working spaces are the sanctum for individuals and businesses from diverse and varied backgrounds to come together and work under one roof. Your work identity becomes stronger and you can create a meaningful network that can prove to be fruitful in your future business endeavors.

2. Value Added Benefits: Co-working locations offer plenty of value-added services other than just leasing out a desk! There are pantry facilities, concierge support services, speedy internet connections, great nearby transport connections & community building activities all under one roof. 

3. Flexibility:  What if on a certain day you have a lot of work? What if there is a lot of noise and you wish to sit alone and work? At a co-working space, you could easily decide where to sit and work. Co-working spaces also give businesses the flexibility that a traditional office set cannot provide; they offer the flexibility for businesses to scale up and down as they desire.

4. Networking Opportunities: Working from a shared works pace gives you the opportunity to come across goal-oriented professionals, entrepreneurs and many successful small and large enterprises. This means that every day brings you a new opportunity to connect, collaborate and network with these individuals.

5. Cost Efficient: Leasing an entire office for yourself can be very expensive. Instead of going for a per square office space, you can opt to pay only for the number of seats that are occupied by you and your team and get a chance to be a part of a wider community. 

Why Co-working Spaces are Good for you?

Co-working spaces are the perfect alternative to working from your home. Working from home may seem rewarding at first with having perks such as no delays due to traffic, working at your own pace and having the freedom to do whatever you want, whenever you want. But, while all that is fun, working from home has some serious disadvantages; minimal retention rate, no community engagement, low productivity rates and in some cases it can also cause anxiety. 

Open office workplaces offer numerous perks and provide a cohesive environment for all individuals to connect, collaborate and engage with one another. Here are a few advantages for working in shared work-spaces: 

1. Minimal Distractions: When you are at home, household chores are bound to be on your mind. Imagine having to work in such a distracted state of mind ! Co-working spaces provide you with focused environment required to be productive at work by being around motivated professionals.

2.  Create meaningful connections: Co-working spaces are the sanctum for individuals and businesses from diverse and varied backgrounds to come together and work under one roof. Your work identity becomes stronger and you can create a meaningful network that can prove to be fruitful in your future business endeavors.

3. Meeting with Clients: Would you invite a client to your home for a meeting? Wouldn’t that sound unprofessional? Co-working spaces can be the central point to conduct all your meetings! 

4. Cost efficient: Leasing an entire office for yourself can be very expensive. Instead of going for a per square office space, you can opt to pay only for the number of seats that are occupied by you and your team and get a chance to be a part of a wider community.

Working at an open office workplace provides you with the opportunity to not only save costs, increase your productivity but also boosts your morale which results in a happier you. Cube Room, a website platform of co-working spaces provides many perks and comes with an environment full of hardworking and dedicated professionals from various verticals to help you grow as you go!

Cube Room | Co-Working The Unstoppable Trend

Flexible workspaces are an emerging trend that is sweeping the real estate industry. These workspaces are knowing for producing a conducive environment which offers networking, innovation & collaboration amongst peers. According to Go Globe, the number of people working in co-working spaces will become 3.8 million by 2020 and by 2022 there will be a whopping 5.1 million. 

But why are these spaces gaining popularity? 

Co-working spaces have become the preferred place for today’s workforce. With the wide range of office spaces, activities and facilities under one roof, co-working facilities are becoming the new normal.

Here are some other reasons why co-working spaces have grown in the recent years:

1. Cost Effective & Professionally Managed- Co-working spaces give a chance not only to start-ups but also to large enterprises to grow their teams and retain their intellectual property (employees) without having to spend hefty amounts of money on infrastructure, locked leasing costs and facilities. 

2. Flexibility - By using shared work-spaces, businesses can reap the benefits of getting a full time office by just having to pay for the number of seats occupied. You have the flexibility to decide your own hours, upscale and downscale according to your needs. Should you wish to travel for work purposes, you wouldn’t have work in a coffee shop. Cube Room is an aggregator for co-working spaces. You can easily find the right co-working space that suits your needs and budget. 

3. Networking Opportunities- Having an open office means having a lot of opportunities to meet like minded and highly accomplished individuals. Co-working spaces offer many such opportunities where peers can interact with one another and develop numerous meaningful connections

4. Promotes work-life balance - Being surrounded with motivated and enthusiastic workers increases productivity and promotes a healthier work-life balance.

Co-working spaces also offer many additional value added benefits; such as a professionally managed environment where businesses  do not have to worry about the hassle of day to day office operations, super speedy internet connections, a working pantry and numerous community engagement opportunities.