At the present, it is easier than ever to open a business or become a freelancer. There is little paperwork and you do not need to keep a shop. Instead, you can create digital products, operate a dropshipping business or provide your expert services. Co-working office space appeared in response to the increasing demand for affordable places for entrepreneurs to run their businesses.
What Exactly Is Co-Working Office Space?
Co-working office spaces are small sized office spaces, just enough for one or a few business partners to run a start-up or a small business. They have everything you need: professional office furniture, some business equipment on demand (printer, video conference equipment and projector) and the basic facilities, like WiFi.
The difference between co-working space and regular office space is that you do not have to rent an entire floor, but strictly the space you require to set up an office. Another great advantage of office space for rent Denver location is that you do not have to enter into a long lease agreement. Instead of renting the space for one year (the minimum period for office buildings), co-working spaces can be rent on a monthly or even hourly basis.
This is very helpful for start-up owners who do not have a large budget for office space. Plus, you may not need to be at the office every day. So, why should you pay for space you don’t use?
Key Benefits of Choosing to Run Your Business from a Co-Working Office Space
Apart from saving money, renting co-working spaces has several important perks:
- Complimentary Products and Services
Co-working office space users generally enjoy benefits such as complimentary coffee, water fountain and access to some entertainment areas. Here, you can relax on bean bags, play some games, or simply rest and put order in your thoughts.
- Professional Equipment for Long Distance Conference Calls
Some start-ups manage to attract the attention of online specialists and angel investors from abroad. In this situation, it is important to be available for discussions and negotiations in a professional looking environment.
Co-working office spaces offer you the ideal background for video calls plus the equipment you need for video conferences. Thus, you will not be hindered by blurry images, bad internet connection or malfunctioning devices.
- Opportunities to Network
Co-working office spaces are real hubs for entrepreneurs. Here you can meet your future best client or supplier. Or you may find someone whose talent and business ideas complement yours so you decide to join forces.
At any rate, you have the highest chance to meet people in your niche and find opportunities to grow your business.
- Attend Business Events
Many business events take place in co-working office spaces. These are usually smaller scale events that do not have the budget to rent a large conference hall. Yet, this is the kind of events you should attend. You cannot relate or share experiences with a top level CEO or an international finance specialist. Instead, you can meet business people who started from zero, like you, and who now run successful small and middle sized enterprises.
- Enjoy Flexible Working Hours
Some people work best in the early morning. Others reach their creative peak in late afternoon or in the evening. And co-working office spaces cater for all these people, as they stay open almost all the time. Thus, you can come and work whenever you feel you are most productive.