If you’re an entrepreneur, running a start-up, or trying to get a small business off the ground, it’s time to discover some of the advantages of co-working spaces.
If you’re an entrepreneur, running a start-up, or trying to get a small business off the ground, it’s time to discover some of the advantages of co-working spaces.
1. Collaboration and networking
One of the biggest perks of working in a co-working space is the environment you get to work in. You’re not shut away in an office by yourself, but rather in an open-plan setting with like-minded individuals.
Your co-working neighbours could be in all sorts of different industries, and usually are quite enthusiastic and dynamic in the way they approach work. This helps to keep you inspired, but it also opens up opportunities for networking and collaboration.
For example, you may find people you can host events with, share marketing expenses, grow ideas together and much more. It’s one of the huge advantages of co-working spaces.
2. Pay for what you use
In a co-working environment, you only pay for what you use which is great for start-ups with limited cash flow. If it’s just you, then you only need to pay for one desk. If you’ve got a few staff members with you, you can still use a co-working space, but you’ll just pay for more desks.
It’s an extremely cost-effective way to get yourself set up in a professional office space without overspending.
3. Scale up or down as needed
If your business grows, for example, you need to bring on another staff member, co-working spaces make it easy. Simply pay for another desk, and you’ve got everything you need. In addition, if your business slows down or you only need additional desks for part of the year, you can do that too. Scaling up and down is easy with a co-working space.
This removes many of the problems that renting traditional office space presents. Also, most co-working spaces also have serviced offices and other office space options in the same building, just like Urban Hub. So, if you outgrow your co-working space, there are options available without even changing your address.
4. Reception and admin services
When you’re starting a business, it’s often helpful to have a reception team to handle phone calls, take messages, receive and check mail and assist with other admin duties. But as a start-up, you don’t always have the cash flow for such expenses.
When you join a co-working space, you get a shared reception team who can receive your mail, transfer phone calls and take messages. They can also greet your guests in a professional manner and make a great impression. Without this, you need to handle all of that yourself, or even worse, pay a staff member unnecessarily.
5. Professional business address
They say image isn’t everything, but it’s definitely something. Having a mailing address in a sought-after area of the CBD is always great for your professional image. In today’s digital world, this is even more important. If you try to start a business from home, it’s not ideal having your home address on your Google My Business profile. But a prestigious address in the heart of the CBD? That’s a totally different story.
The location is also convenient for meeting with clients, and they’ll certainly be impressed walking into a professional office building with reception, rather than knocking on your front door.
6. Access to meeting rooms
When you’re starting a new business, you’ll likely have a need to host clients and stakeholders for meetings. It’s not very professional to meet people in cafés, so having a co-working space with access to meeting rooms is crucial.
It’s not just small client meetings either. By setting yourself up in a quality co-working space like Urban Hub, you’ll also have access to larger meeting rooms and conference facilities, should you want to host an event to help grow your business.
7. All office equipment provided
While you may still want to bring your own laptop, co-working spaces give you all of the office equipment you need, specifically your internet connection, phone system, desk and storage, printers, scanners and more. Depending on the individual space you choose, you’ll probably need smaller items like the stationary of your choice. But aside from that, you’ve got everything you need, all ready for you. That’s another reason why it’s so easy to scale up and down – you never need to concern yourself with buying more printers, phones and other office gear.
If you’d like to find out about all the advantages of a co-working space for yourself, we’d love to hear from you here at Urban Hub. Simply contact us today, and we’ll be more than happy to discuss your needs.
