Every coin has two sides and hence, pros and cons. It is estimated that there are nearly 35000 coworking workspaces in the world today. As coworking is becoming the global trend in today’s business world, new trends are coming up each year.
Before you invest in a co-working space or managed space instead of traditional stationary setup, you need to know the Pros and Cons of Co-working spaces.
Here are some reasons why you should utilise a co-working space.
Pros :
- Affordable than Leasing
If you are thinking to lease a space for your office, then the bitter truth is it is expensive. To cut on the expenses, we can focus on coworking spaces that are promising. Renting a coworking space can be a more cost-effective alternative. Workshaala provides such ergonomically designed spaces at the most affordable costs in the market.
- Amenities
Who doesn’t love extra services or amenities? A coworking space can provide other facilities apart from just a space to work. From coffee to lounges, your employees can enjoy a sense of rejuvenation rather than just monotonous work. Every coworking space has its own amenities specially designed for employees and they are even provided with options. You wouldn’t get this in a stationary office unless you spend extra money.
- The ‘Community’
Today, we have a lot of options to work, like freelancing, work from home or a normal desk job. But sometimes it can be boring and isolating, instead if one joins a coworking space, they get an opportunity to network with professionals, share similar interests and ideas. The whole idea of meeting new people who run small businesses or are working for themselves is a great idea to build contacts. These people can become your potential customers with potential patrons. We try to build such an environment for you to meet some amazing people. This is one of the most important point in Pros and Cons of Coworking spaces
- Scaling on Demand
Many startups are emerging these days, in such cases, the group size can fluctuate. Hence, if one has a traditional office, it would be hard to fit new members because of uncertainty. Whereas in coworking space providers design spaces specially on request so that you can accommodate new members based on your immediate requirement.
With lot of perks comes a few setbacks too. Here are some cons of co-working spaces.
Cons :
- Distractions
It is great to have people around when we work, but sometimes it can also be distracting. At your traditional office, you can make your own rules but if you are at a coworking space, you need to work with the distractions and adapt accordingly as the rules will be set by the provider.
- Sacrificed Privacy
It is very hard to achieve a high level of privacy when working in coworking spaces. Some premises may have glass partitions, foamboards and private layouts. These may intend you the distractions that might not give you the privacy you are looking for.
Even though there are some cons of coworking spaces, yet they have performed well in the past few years. Now it is your turn to leave your old office and upgrade to new co-working office.