The term Coworking has gained more prominence in recent times, thanks mostly to the change in the workplace model, post pandemic. Coworking spaces have been around for quite some time but recent statistics published by Statista show that the number of coworking spaces globally were almost at 24,000 in 2021 and is projected to reach 41,975 by 2024.
This shows the rapid pace at which more startups, smaller companies and freelancers are moving towards such shared spaces rather than the traditional office setup.
What exactly is a coworking space?
A coworking space is essentially a shared office space with all the necessary facilities available for use by freelancers, startups and small/emerging companies. It caters mostly to people who don't have the necessary infrastructure capital to have a fixed office space of their own.
For a membership fee or on a pay-per-need basis, people can avail the facilities provided individually or on a collaborative basis. Such spaces not only provide work stations and meeting rooms but also have cafeterias, common social spaces, innovative interiors etc.
With the limited budgets that smaller startups/ companies have, hiring a coworking space is a great option as they don't tie up funds in terms of infrastructure and offer flexibility.
Especially with the current scenario, many companies are still facing uncertainties and prefer to stick to flexible working hours and work from home. This puts coworking spaces in the spotlight as they offer a good solution to this sort of situation.
Let's have a look at some of the reasons as to why coworking spaces are the future of the workplace.
They encourage networking and collaborative work
In a traditional office environment you tend to interact only with people within the company and even more so with only your department/ team. A coworking space on the other hand encourages collaborative work and in turn provides you with an opportunity to meet people from different fields that you wouldn't otherwise bump into.
Discussing new ideas, problem solving or even finding a potential employee or employer are all things that happen in such a shared space. The high energy and fast paced work environment provides countless networking opportunities which in turn helps with business growth and development. If people do not want to engage in socializing and would prefer to work in solitude they can always opt for an individual work spot.
A break from monotonous office spaces
Employees spend a large part of their day in the workplace yet companies tend to overlook the needs of the employees when it comes to office layout and design. A well lit, well ventilated space with lots of natural light goes a long way in boosting morale and productivity.
Coworking spaces are aesthetically designed with pops of colour, greenery, common social areas, versatile seating arrangements and recreation rooms.
Such a vibrant and creative landscape means coworking spaces lead the way in terms of futuristic work culture.
Recreational spaces
Some large companies like Google and Apple provide their employees with a variety of recreational areas in their offices but not every company can afford to do that. Nowadays coworking spaces are coming up with new and innovative ways to retain and bring in more users. Cafeterias, nap pods, yoga and game rooms are some of the options that are available for workers to use while taking a break.
It gives people a chance to remain engaged, reboot their mind, derive more job satisfaction, improve concentration and also creates networking opportunities.
A community beyond four walls
One of the biggest drawbacks of being a freelancer or working from home is that you tend to lose touch with emerging industry trends and changing workplace dynamics. The shared nature of coworking spaces ensures that you are not left out of the loop and brings a welcome relief to many individuals who were stuck working from the confines of home during the pandemic. Meeting people from different industries and sectors helps you widen your network and pushes your beliefs and knowledge. Employees also benefit from flexible work timings and work areas that coworking spaces offer. Social events, training programs and networking events are also organized by most coworking spaces.
Conclusion
Coworking spaces are emerging as key disruptors in the ever changing work landscape. By encouraging a flexible and collaborative work culture, they not only empower employees to evolve but also help organizations take a massive step towards business growth and development. ClayWorks is one of the best coworking spaces in Bangalore. They manage and curate workspaces that truly reflect your company’s unique ethos. Their unique selling point is that you can pick an office space that is tailor-made for your office culture. ClayWorks empowers companies, startups as well as individuals with the best flexible, managed office spaces.
New Bridge Office is offering Coworking Space in Bangalore.
Use our infinite flexible options to bolster your business, scale it seamlessly or to engage your customer.
We maintained stringent office management standards as per the client’s requirements.
Category: Real Estate » Commercial Office Space
share office solutions indiranagar bangalore 560038
Seats 4 to 20 of accomodation.
Projector and LCD Screens,speakers,whiteboards and mic.
High speed wifi Access and Internet facilities.
Complimentary Water,Tea-coffee and snacks Service
Temporary office space for businesses is important because despite all the best planning in the world you do not really know how quickly or slowly your business will grow.
The dilemma is this – your business plan states that you will have 3 employees in 2 years but for now there is only you.You don’t need much space.
You’ve only got a PC, a laptop, a printer, a desk and a filing cabinet.
The problem is that the minimum lease term that you are aware of is 3 years.So you either lease a larger office than you need now hence more cost or you and your 3 employees get really cramped in your tiny office in 2 years’ time.
This problem is further exasperated if you actually hire the 3 employees after 3 years thus wasting 3 years rent on a larger office than you actually needed.The solutionTemporary office space for businesses.
This means gives business owners less to worry about in terms of planning leases and contracts but also more flexibility to move up and down office sizes as the business dictates.
