slide 1: 3 Essential Tips on Working Under a Co-Working Area
Co-working spaces are the newest trend among small business owners and entrepreneurs.
These spaces give professionals the ability to go somewhere aside from their homes to get the
work done and often include other amenities such as audio/video equipment office equipment
meeting spaces reserved desks internet access and an office kitchen area these may seem like a
great arrangement. It is significant to consider all the aspects before deciding on which co-
working space for your small business.
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1 Co-Working Spaces Provide a Professional Environment
Some small business owners and entrepreneurs find it very difficult to work from home -
in many cases things such as television pets and children that can be very distracting. Although
working from home in a local coffee shop or the library is usually free of charge these spaces
often do not lend themselves to being very productive environments. In a co-working space it
has similarities to the traditional setting but they usually have a much more professional
atmosphere which many people find more productive.
It is important to remember that co-working spaces often do not have private offices for
each person renting in the space. In most cases there will be desks arranged throughout one
larger room with other smaller private spaces available such as meeting rooms or boardrooms.
Make sure to keep these in mind when considering a co-working space - while the environment
will be more professional than your living room you will likely not get the same kind of privacy
as a traditional office space.
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2 Co-Working Spaces Can Provide Networking Opportunities
Chances are if you choose to join a co-working space you will meet clients and business
partners in that space meaning they will also be exposed to the other professionals sharing this
workspace. Before signing up for a co-working organization ask what different types of
businesses or professional that are willing to share the area with you - see if there are any
potential for networking or partnerships as well as seeing if those businesses are in direct
competition for your customers or clients.
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3 There is a Cost for Joining a Co-Working Organization
Just like renting office space there is also a cost to become a part of a co-working space.
Depending on what type of organization you chose to work with it could either be a prepayment
for a set amount of time or monthly installments much like paying rents. While the cost of
joining a co-working organization is necessary you should also take other expenses into
consideration including a possible longer commute or to eat out more often since you will not be
at home.
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In the end only you as the business owner or entrepreneur can decide if a co-working space is
right for you and your business. Being in a professional environment will make you more
productive Will presenting your clients to other industries bring up issues with the competition
Is it more efficient to invest your time and money into acquiring your personal office space All
of these are relevant questions to ask before making a move to join a co-working organization.
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