We all know what and how a traditional office space works. It is a place where workers from the same company sit and work together. But what is a coworking space?
As the name suggests, coworking is a method using which employees from multiple organizations work under the same office space. They use the same infrastructure and the other resources, therefore, saving costs and making collaboration easy. Coworking space gives flexibility that traditional office space doesn’t. Though the infrastructure might look the same, the idea of coworking is much more scalable when we consider the cost of all the companies put together.
Sharing a workspace with other businesses has many advantages. Most importantly for startups, it is a budget-friendly choice. If you want to choose the best coworking space, multiple aspects come into the picture. Few of them are,
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The first and foremost aspect is having the right plan that suits all of your needs. Start by taking out a list of requirements, amenities, and extra facilities necessary for both the companies and then structure them accordingly.
Spacing to budget ratio
When you sit to work, you always prefer a minor disturbance-prone surrounding. With more chaos all around you, the efficiency of your work will be minimal. Today with remote working taking over, you can find a small desk for yourself and work. The number of distractions then is less. But when working with a group of people under a single roof, the workspace design must be innovative. But that doesn’t mean your initial budget should exceed. Therefore, you must find the
correct balance between the space requirements and budget. The money you invest should match the size of your business and the ROI.
An office space should have all the necessary furnishing like desks, computers, printers and many more. When two or more companies are using the same roof, you should take care of both components. When you search for coworking spaces, you will find two different types. One is a barren type, and the other one is a fully furnished type. We recommend that you always go for a fully equipped workspace so that you don’t have to stress over getting your workplace set.
Location of the workspace
When we talk about location of co-working apartment, we consider two aspects here. One is the physical location of the workspace, and the other one is about the environment inside the office space. The atmosphere inside should have fewer distractions. If not, the result will be inefficient. Now coming to the locality of the office space, you should consider different facilities like public transport, restaurants, etc. Not all employees might own a personal vehicle. So, the location must be nearer to a bus stop to use public transport for convenience.
The internal amenities can be plug points, wifi or VPN setup facilities, servers, printers etc. These are the necessary components without which your company cannot get the work done. Therefore, when you are looking for a coworking space, make sure the combined amenities of both businesses are available.
Coming to external amenities, we can think about facilities like the cafeteria. The employees must have refreshments stalls where they can go and relax for a while before recharging for the work at hand.
Therefore, after considering all the above aspects, you will have a clear idea of what coworking space you need. Now you can match your requirements to your budget and develop the best solution for your office space. You need to take the inputs from both the companies using the space and then create a plan that will help you both choose the right one.