Ever feel like the walls of your home office are closing in? Do you find yourself craving a space buzzing with energy?
Co-working spaces provide an area where all types of businesses from all sectors can come together to work and engage with their community.
Benefits of co-working space
Why should you opt for a co-working space?
1. Structured environment
Working from home can be tough, especially when your TV, pets, bed and family are around. These distractions can leave the lines between work and personal time blurred. Co-working spaces allow individuals to keep their work and home life separate. Plus, the mental transition into “work mode” during the commute to the office can amp up productivity and sharpen focus.
2. Cost-effective
Have you ever considered a personal office space but quickly noticed all that goes into it? From signing a fixed-term contract to paying utility bills, there is a huge financial commitment.
Co-working space provides an affordable office option for groups of all sizes. From private booths to open areas for collaboration. Plus, these spaces offer a variety of built-in amenities for tenants to take advantage of. Free coffee anyone?
3. Improves legitimacy
Co-working spaces help new businesses make a good first impression to potential partners and clients. Working from an actual workspace can signal to others that you are serious about the work you are doing.
Also, having a dedicated business address instead of a home address creates a more professional image for your business. Finally, engaging with the varied network can further solidify your reputation and legitimacy within the industry and community.
4. Caters to individual work styles
Through varied workspaces, membership flexibility and amenities, co-working spaces empower individuals to choose the work environment that best suits their working style, whether it's focused concentration, collaborative brainstorming or a mix of both.
Need to focus for the day? Grab a desk, phone booth or couch and throw those headphones on.
Want to collaborate with others in the same space? Co-working spaces are designed to help people foster communities by bringing all sorts of people together under one roof to support each other.
5. Networking Opportunities
In a study performed by Small Business Labs, 82% of people reported that co-working helped expand their professional network. Co-working space offers networking opportunities in a variety of ways. Many of these spaces offer events that give a structured platform to expand your network. Co-working spaces are filled with individuals with a diverse background and experts in your area of focus. Your best bet – get involved with any opportunity presented to you!
Leverage co-working space
Looking for a co-working space in Waterloo Region? There are so many spaces to choose from. From beautiful brick and beam heritage buildings in the downtown core to modernized, refreshed options throughout the city.
Communitech has something to help companies of all sizes thrive. Offering everything from free beverages to virtual mail address services and meeting rooms, we have short-term and flexible space options that are perfect for growing startups.