Would a Coworking Space Suit You?

What started as an attractive solution for freelancers and individuals feeling isolated working from home, has since become a global trend among businesses of all sizes. The types of people accessing coworking space include:

• Remote workers who want an office away from the home environment.
• Travelers who need a space to work on a business trip.
• Freelancers looking to collaborate, network and benefit from a shared space.
• Small business owners looking to reduce costs and remain flexible.
• Entrepreneurs who want a space that can grow with them.
• Workers more used to conventional office space, looking for a space that inspires them.
• Large organizations who need space for travelling employees.
• Corporates looking for additional short-term space for project-based teams.

Difference Between a Coworking Space and a Serviced Office

	Coworking Spaces	Serviced Offices
Office	Open plan, collaborative, with shared amenities and designated private areas	Corporate, greater privacy, each office occupied by one business
Design	Tend to be more informal and often seek to be inspirational. They usually include other lifestyle amenities such as coffee shops, yoga studios, bars and even cinemas.	Serviced offices are usually more of an austere environment designed for the corporate world and with less overt branding.
Culture	Determined by the coworking space – community managers are on hand to assist members in adapting.	Defined by the business or brand occupying the space.
Lease type	Flexible and membership-based	Contracts are usually 6-12 months

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