Do you know that expanding office considered as the most significant move for any young company? However, it doesn’t mean that it comes without any kind of anxiety.
Between this, setting goals, budgeting, hiring, holding investor meetings and planning for the goals are the most important priorities. With this type of quickening, other important things can sneak up on a CEO, comprising the physical space where we are working in. Whenever any startup begins its journey to get off the ground, requirements like office space get left on the back burner while discussions about the future.
Now, various startups prefer to work in co-working spaces as these places have gained the huge attention of various other professionals as well like developers, writers, web designers, programmers, and individuals, who like working at home.
However, such kind of facility can be an office, where someone needs to rent small offices and where the price constantly fluctuates as users of the co-working environment pay regular, weekly and monthly rate in order to collaborate with others.
They share desks, tables, conference or meeting rooms, printers, fax machines, Internet connections, etc. Many of the co-working spaces are also serving additional facilities like light beverages, coffee or tea, water, and juices.
When it comes to talking about transitioning a business from beginning to creation, people throw the word “growth” across generously. Generally, conversations come in terms of dollars; however, you would find such places as well that include both people and physical space in those talk.
Let’s take one example of one startup named ‘Rukkus’ that has grown its team from a single person working out of a New York City apartment to a complete group of more than 25, and the best thing is that the number is constantly increasing on a monthly basis.
The startup is growing day-by-day seamlessly with the help of co-working space provider “WeWork”. This is one such co-working place that allows Rukkus to remain focused in other ways.
Providing more information on WeWork, it offers an excellent shared office space for all the entrepreneurs, startups and freelancers across the world. In short, we can say that co-working has its own numerous benefits to provide. Including networking with other professionals, the flexibility of a month-to-month lease, sharing ideas and knowledge with other individuals.