16 Benefits & Advantages Of Coworking Spaces

Coworking Space

After a lull during the pandemic, coworking spaces are again gaining popularity. Once seen largely as areas where the self-employed could get away from their home offices, today’s coworking spaces also attract companies aiming to rent them as cost-effective alternatives to traditional offices.

It’s clear that the coworking space is here to stay, but what makes them so appealing to so many? I reached out to my contributor list to find out what they thought of coworking spaces and received a number of thoughtful replies and opinions. Here are 16 benefits and advantages to renting a coworking space.

Benefits Of Coworking Spaces

Coworking spaces make networking a snap

The best thing about coworking spaces is the networking opportunities they provide. I’ve met so many interesting people from all walks of life, and it’s been great to bounce ideas off them. I would definitely recommend coworking spaces to anyone looking for a creative environment to work in. The only downside is that it can be a bit noisy at times, but that’s just the price you pay for being around so many people!

– Mike Jackowski of Veautie

 

Coworking spaces open us up to collaboration

Since we shifted to a coworking space, our networking circle has been broadened to include business owners from various industries. This has caused us to collaborate with different ventures or even develop partnerships with them. Networking in a coworking space allows us to view the respective sector from a different perspective.

– Richard West of PuppyHero

 

Coworking spaces provide a change of scenery

Coworking spaces can be awesome for a productivity boost, as they’re an easy way to change your environment. This new space can help boost dopamine and your focus and productivity. It can also be a great way to motivate yourself to do the one task you’ve been pushing back for months or procrastinating.

– Anne-Sophie Pelletier of Pelletier Consulting

 

Coworking spaces are idea generators

The biggest benefit I’ve had with coworking spaces is that they’ve helped me meet like-minded people. When I am working on a freelance project or starting a new business, I’ve found that it can be helpful to have a community of people to bounce ideas off of and collaborate with. That said, since coworking spaces are often filled with creative types, I always find some witty, informed, and interesting people to engage with and craft my ideas.

– James Jason of Notta AI

 

Coworking spaces upgrade productivity

I have found that coworking spaces can help improve my productivity significantly. For instance, when I’m working in a traditional office setting, distractions can make it hard to focus on my work. However, in a coworking space, I can usually find a quiet place to work, and the people around me are also usually focused on their own work. This creates a more conducive environment for getting more things done, faster.

– Daniel Chen of Airgram

 

Coworking spaces are a necessary alternative to the home office

Let’s face it — many problems were born out of our current “work from home” era. We’re talking constant distractions, lacking the right workspace equipment and furniture, failing to draw boundaries between work and personal life, and most importantly — the absence of collaboration and social interaction. Coworking tackles all these problems at once. I can definitely see it paving the way for a new system of remote working, one that lets employees gather at dedicated coworking spaces instead of subjecting them to months of work from home. Not only will this equip the future workforce with everything they missed in a traditional working space, but it multiplies networking opportunities tenfold.

– Brian Casel of ZipMessage

 

Coworking spaces can broaden your social circle

Work isn’t always easy, and having someone to commiserate with is sometimes the most helpful thing you have. Some remote workers feel alone, especially those with outgoing personalities. Coworking spaces give you a chance to talk with people who feel your pain, and they can help you through hard times.

– Stewart Dunlop of LinkBuilder.io

 

Coworking spaces are cost-efficient

I used to rent a traditional office space, and it was great for networking and building relationships with other professionals. However, it was also very expensive, and I often felt like I was wasting money on rent and utilities. When I switched to a coworking space, I immediately noticed the cost savings. Not only was my rent cheaper, but I also didn’t have to worry about paying for things like furniture and janitorial services. And because coworking spaces are often located in central areas, I was able to save money on transportation costs as well.

– Abby Chapman of Extension File

 

Coworking spaces can skyrocket creativity

Working alongside other professionals from a variety of industries can help you see things from a new perspective and come up with fresh ideas. Having the opportunity to bounce ideas off others and collaborate on projects can also spark new creativity. And since coworking spaces are usually filled with people who are passionate about their work, being around that positive energy can rub off on you and inspire you to do your best work.

– Harry Johns White of NBABlast

 

Coworking spaces give you a professional address

Coworking spaces are usually centrally located in a city, in close proximity to public transportation and restaurants. They are also convenient for members to work from. By having an address for your business, as opposed to working from your car or a cafe, you can send the right message to your clients. The coworking space will also offer you meeting rooms to meet with clients in a professional (and quiet) atmosphere.

– Mark Daoust of Quiet Light

 

Coworking spaces give you a place to focus on work

I’ve used coworking spaces for over five years at different jobs; they’re a great place to do concentrated work if you have a smaller team and don’t yet have a dedicated office. One of my favorite parts of using NorthOne’s WeWork space near Union Square in New York City is the cold brew on tap, using bookable meeting rooms or phone booths, and the commute to the office I don’t get when working remotely.

– Nic Straut of NorthOne

 

Coworking spaces can take you out of your comfort zone

It can be easy to get into a rut when you work from home or even the same office every day. Seeing the same people and working in the same environment day after day can make it hard to think creatively or come up with new ideas. But in a coworking space, you’ll be surrounded by diverse professionals from all different industries and backgrounds. This exposure can help inspire new ideas and help you approach problems from different angles. And, if you’re working on a collaborative project, having a team of people with different skill sets and perspectives can make for a more well-rounded final product.

– Demi Yilmaz of Colonist

 

Coworking spaces can have some fantastic amenities

Many coworking spaces provide an extraordinary array of services and perks. Appropriate seating arrangements, comfortable and roomy work stations, air conditioning, a pleasant and serene setting, and a variety of workplace appliances such as printers and coffee makers are all examples of this. Most coworking spaces have high-speed wireless internet, clean restrooms, dining areas, fax machines, and a receptionist to take and transmit essential calls. I believe that some coworking spaces go above and beyond by including amenities like a play area and a TV lounge, allowing you to keep up with the news or take a break from work without leaving the building.

– Sasha Quail of Claims UK

 

Coworking spaces can help you build a routine

I believe that coworking spaces provide a dedicated location in your neighborhood where you may visit and work without interruption in a tranquil environment, fostering a healthy work-life balance. This can assist you in developing a regular schedule in which you arrive on time, complete your work, and then return home to enjoy your life with your partner or loved ones. You can, however, change your work hours to suit your needs, so you will be able to construct a flexible work schedule that matches your lifestyle.

– Daniel Foley of MCS Rental Software

 

Coworking spaces are a place to learn from others

Coworking spaces are a terrific location to socialize and meet individuals from various backgrounds. I believe that you may even get the opportunity to meet with industry leaders and learn from their personal experiences and lessons. Those who work from home miss out on such opportunities, and their time at work can feel lonely. However, some people feel more at home in a coworking environment because they are surrounded by others who are dedicated to being productive members of society.

– Steve Rose of MoneyTransfers.com

 

Coworking spaces can grow with your company

It’s hard to find a suitable office when you’re on your growth path and the team is expanding. The office will be either too big and empty or soon become too confined for your team. In a coworking space, you can occupy precisely the space you need. And when your team size becomes stable, you’ll be ready to move into your own office.

– Charles Cridland of YourParkingSpace

 

Want to add a coworking benefit you’ve experienced?

We want to hear from you. If you’d like to add an advantage you’ve experienced with a coworking membership, tweet us at Buildremote for a chance to have your idea included in the article.

About the author

Henry OLoughlin

Hi, I'm the founder of Buildremote. I have worked from home for a decade and run a fully remote, four-day work week company for eight years. I've made all of the mistakes running a remote company. I hope if you read my site, you'll be spared.

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