Business

Top 10 benefits of co-working spaces

The demand for the co-working space has been on the rise since the past few years. It is the latest trend followed mostly either by freelance workers or by startups that are in still in their prime stage of growth. This latest trend is an indication that the work culture is evolving. Apart from the low expense benefits that co-working spaces offer, there are a

number of other benefits too that make co-working desirable and a better choice than buying your own office especially when you have just started. It is a better option to have a shared office space in South Delhi. So here I have chalked down top 10 benefits of co-working space-

  • Less Start-up cost

The first on the top 10 benefits of co-working on the list has to be low cost; it might not matter for an experienced freelancer but it does for a newly started freelancer and a startup also It allows them to work in a fully equipped and a well-furnished office without worrying about setting up an actual office. In short, with minimum investment, you can reap great benefits.

  • Saves your precious time

Establishing an office can be a tedious and time-consuming task and as for whether you are an owner of a startup or a freelancer you know how important time is for you. Although having your own office sounds very appealing, but it comes with a flip side also. You need to spend time in buying furniture, equipment, getting licenses and other things too. Co-working spaces help you save this time; so you can actually invest it in building something more productive like growing your business or completing a project. “Time is precious”, as they say. This is also one of the most important benefits of co-working.

  • Networking

If you really want to grow your business or want to have a lot of projects in hand, then networking is the key. Co-working helps you work and interact with new people thus acting as a door to a number of new opportunities. This is one of the biggest benefits of co-working. When you are a part of a coworking space, you surround yourself with high-achieving and goal-oriented business people i.e., on a daily basis you will have an opportunity to interact and connect with great thinkers, startup owners, professionals etc. As a result, you have an opportunity to be either a part of a great team or hire a good professional for your team.

  • Maintains work-life balance

Coworking spaces help to promote a balance in work life. Being a part of such spaces you will never feel bored and stressed out which is undoubtedly one of the top 10 benefits of co-working spaces. These spaces provide many options that help one to recharge and de-stress during a hectic day of work. Many social events are organized for its members on a weekly basis related to health activities such as yoga or meditation sessions. Some coworking spaces even provide separate spaces for prayer, meditation or fun zones.

  • Facilitates enhancing and learning new skills

Coworking spaces enable their members to interact with new and interesting people. Here members engage in conversations with people from different backgrounds that help them to become more creative and innovative in their work. These spaces usually organize events and carry out programmes that are designed and developed in such a way that its member are able to enhance their existing skills or learn new skills, so this one can also be counted as one of the advantages of top 10 benefits of co-working spaces.

  • Emotional support

The most interesting benefit that these shared spaces offer, is a space where the members stand with each other through the highs and lows of their lives which is also a benefit of the co-working space. Members of this community are connected through a common spirit to follow their dreams and face the challenges in their lives.

  • Increases Productivity

Coworking helps in increasing the productivity of its members. As they work under a single roof, there is a sense of competition. As a result, more work is done at a faster pace and with lesser effort.

  • Boosts self-confidence

Coworking boosts the self-confidence of its members by providing a better working routine and opportunities for self-growth.

  • Inspiring environment

Coworking spaces provide a common platform for people to work with people from different fields. People working there may be artists, freelancers, professionals or entrepreneurs, who work together and inspire each other.

  • Distraction-less spaces

Coworking spaces provide a distraction-less space to its members where they can concentrate on their work.

Having enlisted the top 10 benefits of co-working spaces, I leave this decision to your good intelligence of taking up a co-working space or not. Good working!