If you are still stuck in a dilemma whether to choose a shared office space or a private office? We would sort out and brief the pros and cons of both options. Office space should be fun, engaging and productive.
Coworking space offers networking of personal as well as professional contacts that will provide support, feedback, insight, resources, and information whenever required. At shared office spaces, you get a chance to meet new people. When people work in the co-working spaces, they learn that they can help each other in ways they had not imagined before. Regular interactions between members lead to strong relationships that can obviously lead to beneficial partnerships.
It is one of the most useful means to gain knowledge on the latest trends in technology and let others know about your business. The more you connect with people, the more clients you fetch for your business. Now, this is how a lot of countries hold global startup competitions or international tech events that see a convergence of talent from across the globe. People, who understand its importance, attend events, workshops, and gatherings to get in touch with as many people as possible.
In addition to sharing knowledge and building, shared office space also enables companies to have the best available resources in front of them. When you are a part of a community, the best way to see it grow is to help opportunities and knowledge flow circularly through it. The notion of ‘pay it forward’ should be at the center of your work. When you are helping others to flourish, they will always be willing to help you do the same.
Networking becomes easy and comfortable if the ambiance is soothing and relaxing. The same nature of workforce in a traditional office setup doesn’t give enough networking opportunities. Traditional office setup does not give an opportunity to socialize at a large scale. Overhead cost is comparatively high whereas in a coworking environment resources can be shared.
Rest it depends on situation. Choose wisely:)