Making Co-working Spaces Work for You

The past few years have seen a boom in co-working spaces, leaving consumers spoilt for choice. With so many options available, how do you choose the perfect co-working space that works for you?

With remote working becoming normalized during and after the COVID-19 pandemic, we have seen a massive boom in the number of co-working spaces worldwide. Remote workers now have the flexibility to choose their workplace without being confined to either traditional offices or their homes. As of 2023, there are currently over 19,000 co-working spaces available worldwide, and the numbers are growing rapidly.

This growth then leads us to a pertinent question. Amidst the countless co-working spaces available, how do we make the ideal choice? In this article, we will be taking a deep dive into what makes or breaks a co-working space, and why these elements should be factored into your search.

1.Size and layout

One of the factors to think about when choosing a co-working space is the layout. As you and your team will be spending most of your day working e, it is best to consider how big you would like your shared space to be. Will your team be growing? Will there be desks to accommodate the new members? Will there be enough space for you and your team to work comfortably, and not feel stuffed and claustrophobic? Ask yourself these questions before signing a contract with a co-working space, and your team will thank you for it.

2.Amenities and services

What’s a co-working space without being able to utilize the countless amenities it provides? Whether you’re looking for a space with a recreational area and arcade machines or prefer an unlimited flow of caffeine, it’s important to find a space where you and your team can feel nourished and productive. You should survey the various co-working spaces in your areas and filter the ones that satisfy your working needs and habits.

If you’re a budding entrepreneur or a developing startup, you should also keep an eye out for any spaces that provide aid and services. Some co-working spaces have in-house staff that provide smaller businesses with digital marketing services, web hosting, and domain name registration. Some co-working spaces even have government-supported initiatives, granting startups some exemptions from corporate taxation.

3.Location and accessibility

The location is undoubtedly crucial when considering a co-working space. Just imagine finding the perfect co-working space that has  its own in-house barista and nap rooms to rest your tired eyes, only for you to discover that it’s located in a rural area with no public transportation or lunch spots nearby. That’s why it’s important to keep the space’s location in mind. You wouldn’t want to end up commuting 2-3 hours every morning just to get to work in time.

It is also important to consider the space’s accessibility too. Does it have elevators? Can it support workers with disabilities? Is the general safety of the area good, and does the co-working space itself promote a safe and inclusive environment? Know your rights and ask these vital questions first before committing.

4.Ambiance and atmosphere

Another quintessential factor to consider is ambiance and atmosphere. Research has shown that good lighting, especially natural, increases energy and productivity. It’s important that the space has adequate lighting to avoid your team from working in the dark and harming their physical health. Exposure to natural sunlight triggers the release of “happy hormones,” also known as serotonin. Consider places that have floor-to-ceiling windows with plenty of natural sunlight penetrating in  for an additional mood boost!

The atmosphere of the space is also essential. Ask your team what makes them feel comfortable and find a co-working space that ticks those boxes.. Some prefer a clean, minimalist workspace, with only monochromatic tones used in the decorations, while some opt for a zen, homely feel. Either way, try finding one that fits your team perfectly.

5.Networking and community

Last to consider are the networking opportunities provided by your co-working space of choice. This consideration is fully dependent on your team. Are they comfortable working with a wider community or do they prefer to keep it within the company? Factor these preferences in when choosing a co-working space, as some spaces have mandatory regular events for their occupants, which can be bothersome if your team enjoys working undisturbed.

On the other hand, if you’re still growing your business, it is wise to opt for a community that is established. You can gain valuable insights into building up both yourself and your business through these connections. In times of need, you might even find that the community that you have been heavily involved in could become your most important asset.

It is essential to consider the factors outlined above before sealing the deal with any co-working space. Co-working spaces are quickly becoming a staple of the office landscape for most workers today. They provide individuals and businesses the chance to change their scenery and allow them to customize their working environment without requiring any expensive startup costs. Amidst the countless options available, the question remains: What would be your ideal co-working space, and how can you make your choice work for you? To find out if The 5th Floor meets your needs, visit our website at today!

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