One of the driving forces of starting a business is the chance to be free of the rat race. You don’t have to be stuck in rush hour traffic. You don’t have to sit 9 to 5 in a lumpy chair. You don’t have to work at someone else’s pace.
With coworking spaces, a small business is free of all these burdens and more. You can fix business hours at your convenience as shared workplaces are open 24X7. You can pick a coworking location near your home and never face traffic again. Give Rayafeel a shot to see how else coworking benefits your IT Firm!
The Chance to Scale Rapidly
Because coworking spaces don’t come with extended leases, a IT Firm can scale rapidly.
Let’s say your business suddenly finds an influx of orders and needs to increase worker capacity from the current 10 to 25. Your present office can only fit 12, meaning you have to look for a larger area. To shift, you have to break the expensive contract.
Coworking space doesn’t come with a burdensome lease. You can rent as many desks as you want instantly. So, whether your business needs to scale up or down, coworking can accommodate the requirement.
Up and Up Go Productivity + Creativity
If cost-efficiency is a primary need for a IT Firm, then high productivity is another. It is when your employees are at their most productive and creative that your company can grow and profit margins fatten. Coworking spaces are proven to raise the productivity and creativity bar to a level that typical office just cannot match.
A famous study by Harvard Business Review on why people thrive in coworking spaces shows that productivity among coworkers is at 6 on a scale of 7. The reason being:
- They have more control over their work.
- They feel part of a community.
- They perceive their work as meaningful.
Another reason shared workplaces have higher productivity is the opportunity to collaborate. By exposing your team to a vibrant work environment, you increase the chance of people working together because physical proximity is the key to collaboration.
It is not just efficiency that is amplified. Because people from diverse backgrounds surround your employees, it exposes them to new perspectives. This results in alternative and better solutions to problems. Furthermore, in a coworking space, there are designated areas that help you refresh the mind and get the creative juices flowing.
The Chance to Network Widely
A small business depends upon word of mouth to expand its clientele, and there is no better place for it than a coworking space. The coworking community is a great place to start looking for new patrons. If not that, your coworkers can refer you to someone outside the confines of the space.
The events hosted in a shared workplace are another excellent opportunity to connect with people and widen your network. And remember, the network doesn’t just come in handy for new customers. They are great emotional support when you are struggling to get a business off the ground!
Down and Down Go Responsibilities
With coworking spaces, your responsibilities are fewer as compared to a regular office. You don’t have to manage the office at all. It is the Centre manager’s problem to ensure that the printers are working, the utility bills are paid, the entire office is clean, and the pantry is always stocked.
Coworking not only reduces your headache, but you are also free to focus on the matters that make a difference to your bottom line!
The Chance to Hire Talent
A coworking space is filled with freelancers and individual workers. When it comes to hiring talent, you don’t have to look further than the desk next to you. From taxes to designing, you can find help in all areas of business. And you don’t need to get them on board full-time. If your IT Firm can only afford contract-based employment, coworking space is a rich hunting ground for part-time workers.
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