An Introduction to Co-working

Co-working spaces are all the rage right now. But, if you’re like we were, you might be wondering what they are and why everyone is so excited about them. In this post, we’ll go into detail about what a co-working space is, and why they’re a good option for small businesses, freelancers and even startups!

“According to a recent study, 41% of all co-working space members are freelancers, 36% are employees, 16% are employers, and 7% of members are engaged in other activities, for example, studying.” source

What Are Co-working Spaces?

A co-working space is a shared office space where people can work together. They’re often used by freelancers, startups and independent workers who want to collaborate with others in their industry. Co-working spaces are also used by large companies that want an easy way for employees to work remotely. Especially since covid, more companies are implementing a work-from-home plan. Small businesses also use them for meeting rooms, as well as to provide space for events like workshops or conferences.

Co-working spaces are places where you can work in an environment that encourages collaboration, creativity and productivity. Co-working spaces are also known as shared workspaces or collaborative offices. These spaces bring together individuals and businesses of all sizes who share common interests and professional goals.

Co-working spaces are often in buildings that have been converted for other uses, such as warehouses or factories.

Types of Co-working Space

Hot desk: This is the most common type of space, where you share a desk with others.

Private office: Private offices are a great option if you’re looking for a more professional and permanent workspace. They are available in a variety of sizes.

The private office has its own door, lock and phone system and is completely private from other members of the co-working space. There are often long-term leasing options to cover any future maintenance or rent increases.

Dedicated desks: You get all the benefits of a private office, but without the privacy and without walls separating you from everyone else at the co-working space.

Shared space: If you’re looking for an office environment that’s more social than your current one, shared space is a great option. Members of a shared space share a common area. Each member has their own desk and can come and go as they wish. In addition to having access to meeting rooms, conference rooms, conference calls, offices equipment such as printers/scanners/fax machines/copiers etc.

Benefits of Co-working Spaces

There are many benefits of using co-working spaces:

Cost savings: If you’re renting a traditional office on your own, you’ll have higher costs without any additional benefits. A shared workspace provides room rentals at lower rates than you would find at an individual office building.

Networking opportunities: You’ll get access to other professionals in your field who have similar interests to yours. This creates areas where people are more willing to help each other out when needed!

Flexibility: When your business needs change over time (for example if there’s seasonal fluctuation), then having flexible options allows more freedom while keeping costs low compared with owning a physical location yourself.

Privacy: If you work best alone with no distractions then this could definitely be your best option.

Security: With your own keycard access, only YOU can get in so there’s no chance of someone else intruding on your time or space while they’re working.

Productivity: There’s something about being able to shut off distractions that enable people to focus better on their work/business tasks at hand; especially those who might be easily distracted by what’s going on around them.

Provided amenities: Tea, coffee, chairs, desks, printers, break rooms, car parking, meeting rooms, WiFi, cleaning, secure access and more. As a business, it is often easier to provide these through third-party suppliers, such as Ritzy Offices, rather than buying a new premise.

Who is Co-working Typically Provided To?

Co-working spaces can be a good option for people who want to work from home, but need more of a community to maintain their motivation.
Co-working spaces can be a good option for people who want to work from coffee shops but struggle with the lack of structure and long hours.
Co-working spaces are also great if you’re already working remotely or independently but would like the opportunity to collaborate with other professionals at different stages of their careers, or even do some networking!

Looking Into Co-working? Look No Further

As companies continue to downsize their office space, co-workers are squeezed into tighter working spaces which aren’t conducive to either efficient working or the general health and wellbeing of the people who work there.

Ritzy co-working space in Swindon is fully equipped – just like the regularly serviced offices – freshly painted, carpeted and complete with desks, pedestals, and chairs. Broadband and telecommunications equipment is installed and ready to go.

https://ritzyoffices.co.uk/co-working-space-in-swindon/

Conclusion

Co-working spaces are a great way to work, collaborate and grow in your career. They give you the opportunity to work with other professionals who can help you solve problems and expand your network. With so many co-working spaces available today, it’s easy to find one that fits your needs and timescales.

There are an estimated 35,000 flexible workspaces in the world today.
The global market value of flexible workspaces is estimated at an approximate $26 billion.
Despite the negative impact the COVID-19 pandemic has had on the co-working spaces, the industry is expected to continue growing and thriving in a post-pandemic world. be location or size! (source)