Do you know that for many startup founders when they first getting off the ground, working from home or out of someone’s living room is fine?
Finally, there are numerous companies, who graduate to an official headquarters, where their employees can report every day. You may be intimidated by the prospect of finding and leasing office space when you are completely ready to take this simple step.
Moreover, the good commercial real estate can be quite difficult to look for, and it is even harder to look for something that is an affordable price in case if your business is strapped for cash. However, one other option is look out for the best co-working space, a shared office where numerous businesses work together under one roof.
Instead of working in any café coffee shop or at home, it is a good option to go with co-working space as it allows you to work with varied businesses, entrepreneurs, freelancers, and other individuals. In case if you value privacy for your business and want that no one knows a single thing about your work, then the co-working place is not for you.
However, if you do not mind having neighbors and sharing resources such as bathrooms, Wi-Fi, kitchens with other businesses, then the co-working office will work out best for you as it will be also a cost-effective option for growing companies.
Things That Small Businesses Need to Know
These days, shared offices become extremely popular as across the world, most of the businesses prefer to work in co-working space. While selecting a co-working place, make sure that your new co-working address is one, where you feel comfortable not only showing up to every day, but also inviting professional contacts to. Remember that a lower price is not worth at all if your office is problematic to get to or in a run-down part of town.
Your Neighbors –
Different than a private office, where it’s just your company and there is no need to get to choose everyone in your immediate when you are sharing an office. Your co-working neighbors can make all the different in your every single day work experience; therefore, you can find out what other businesses are in the space before you sign-up.
In many cases, you will come to know that numerous other startups and small companies like yours are working there, so you can get various benefit from each other’s experiences and connections.
Office Set-up –
As you cannot reorganize and customize a co-working space the way you could a private office; therefore, you need to be content with the existing layout and setup of a shared workspace.
One of my friends told me that her co-working office has assigned desks and equipment, so her staff members don’t have to worry about taking their possessions home every night or using their personal cell phones for work. She also told me that there are many co-working places that offer less stability.