1. Motivating and Inspiring Employees
There are only so many ideas you can bounce off of the empty walls. When you’re paired with others in a collaborative space, you’ll have actual humans to brainstorm with and validate your ideas. This networking can also help take you in another direction if you’re stuck, and provide you with a pat on the back from colleagues to keep you focused when you’re dragging through the day. Some co-working spaces also host special events and speakers so you can learn even more about your particular industry and ask questions.
2. Cost Efficiency
Instead of buying a building or signing a long-term lease to house your staff, coworking spaces offer collaborative environments without all the costs.
Other expenses like maintenance and utilities will no longer be a concern when you’re working in a co-working space. Other costs such as internet may already be included as well.
Because of this, you might be able to choose locations in the heart of a city that would otherwise be unaffordable for many businesses.
3. Healthier Staff
Working in isolation may sound ideal for some people, but lack of social interaction has actually been tied to health problems such as higher stress levels, depression, and cognitive decline. One report suggests that feeling alone can shorten your life and be as hard on your health as smoking 15 cigarettes per day.
Being isolated has traditionally been thought of seniors living alone, but apparently, younger people are at even higher risk of feeling lonely according to a study.
4. Better Work/Life Balance
When you choose a coworking space, you’re choosing more flexibility for your team. Many offices are open 9 to 5 and that’s about it (unless you’re management with a key), so all of the tasks for the day have to be completed in that time.
When you have a co-working space, staff can work a few hours there or some at home. They’re also able to take care of chores or other outside responsibilities and then come back after dinner if they want.
5. Potential New Clients or Business Partners
Co-working spaces house a variety of business disciplines. You might be referred work from another group that doesn’t have your particular skills or even source your next employee that fills a gap.
Because you’re not all competing for the same clients, you may find these spaces are less competitive and instead open the door to new opportunities.
Embrace Co-Working Benefits
It’s hard to deny the data about the advantages of co-working spaces. It’s a cost-efficient way to bring talent together, and it can make your team happier and more motivated than working from a laptop on their couch.
To find out more about co-working benefits and how to join the co-working community, contact us today.