How Does a Coworking Space Work?

How Does a Coworking Space Work?

These days, working no longer necessarily means sitting in an office from 9 to 5. As office work moves in more remote directions, many are finding that working in other types of spaces can actually be more productive than working in a traditional office. One such space that many businesses are utilizing is the coworking space, but what is a coworking space, and how does it work?

Understanding Coworking Spaces

A coworking space is a singular environment within which multiple people, oftentimes from different companies, plugins and work. While this may sound like a strange concept, coworking spaces actually provide businesses with a slew of benefits.

Quality coworking spaces offer WiFi, printing, and mail services, member portal access and a business address, among other amenities. For example, coworking spaces are generally cheaper than renting out an entire office space, potentially reducing the overhead costs of your business. Furthermore, coworking spaces offer the opportunity to work alongside and network with other professionals.

Types of Coworking Space Models

There are different models of coworking spaces designed to fit your every business need. These include:

  1. Membership Model

    Most coworking spaces sell memberships and have options ranging from a monthly membership to a yearly one. If you expect to use the coworking space often, then a membership is the option for you. Simply pay upfront, and use your dedicated coworking space as if it were your own home office.

  2. Pay-per-use Model

    If you’re not sure how many times you’re going to use a coworking space in a single month, it may be better to go with the pay-per-use model. As the name suggests, this basically means that you pay to use the space every time you need to use it. This is a good option for those who may only need the space once or twice a month.

Again, most coworking spaces are highly customizable to your specific needs. At The 5th Floor Orlando, you’ll be able to find a coworking space plan that works best for you.

Accommodating Coworking Spaces Available in Orlando

If you’re looking for a sleek, high-quality coworking space in the Orlando area, it’s waiting for you above the Marketplace at Avalon Park. The 5th Floor Orlando is your one-stop shop if you’re looking for flexible workspaces, like our lockable cubicles and our high-tech conference rooms, and completely tailored concierge-level services. If you’re an ambitious individual looking for a productive space to collaborate, The 5th Floor Orlando is for you.

Learn more about our available coworking spaces and membership options by contacting us online or calling us at 407-730-3493 today.

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