Is a Co-Working Space Right for your Small Business?
The typical office-leasing process can take months and involves a lot of numbers and paperwork, and even then, you could end up not getting what you thought out of your office experience. An alternative to this tedious process is to explore the option of a co-working space – rented space in a shared office with people from all different organizations. Using a co-working space allows you to have office space that is more tailored to your needs, not be committed to a lease, and have your employees feel comfortable in what usually is a more relaxed, inspired and productive environment.
Why co-working spaces?
There are numerous advantages to using a co-working space, especially for fast-growing and budget-conscious startups.
Sharing an office with similar-minded small business owners gives you the opportunity to network while you work and share resources that you’d otherwise have to track down on your own.
What to consider when choosing a space
There are several factors to consider when selecting a workspace. To get started, ask yourself the following questions:
• Are you interested in establishing regional offices for your brand or testing markets for corporate expansion?
• Will you be meeting with partners or clients?
• When are you most productive?
Here are some other factors to consider.
Location
Enjoy this view from our offices to cut down on work stress.
Shared offices are most frequently found in large cities like Chicago and New York, which can be a real cost-saver for businesses that want to be in these areas without signing an expensive urban office-space lease. However, be sure that your new co-working address is one that you feel comfortable not only showing up to every day but also inviting professional contacts to conduct business.
Design
The design of your co-working space is another critical factor to consider.
Since you generally can’t rearrange and customize co-working space the way you could a private office, you have to be satisfied with the existing layout and setup of a shared workspace.
Pricing structure and membership benefits
While a co-working space might have everything a growing business needs, not all of those amenities are included in your membership price. Be sure to read the fine print and know exactly what you’re paying for, so you don’t end up with any hidden fees.
Your neighbors
Your co-working neighbors can make all the difference in your everyday work experience, so try to find out what other businesses are in the space before you sign up. In most cases, you’ll find that there are a lot of different startups and small companies like yours so that you can benefit from each other’s experiences and connections.
Work Webb is affordable, has a great location and has a professional environment. Call us to schedule a tour of our co-working offices to see for yourself. We are located in historic downtown Daytona Beach which has shops, great restaurants, and a view
that can’t be beaten.
