Do you want to upgrade your office or working space? You must be looking for a new office building, but keep in mind that it could be really costly. Additionally, you will have to spend more on doing its branding. Instead of these costly options, there is a better solution for getting a perfect working space. You can just rent a coworking space.
Coworking spaces are shared spaces in which multiple groups of people can individually rent their space or workstation. Shared spaces offer many benefits and are very flexible and comfortable workspaces.
Occupying a coworking space might seem easy. You just have to take their membership and you have got your new working space. But there are some factors that come with coworking spaces that need to align with your values. Only then will you get the benefits of using coworking spaces. So, here we will share all the factors that you need to check before finalizing a coworking space.
8 Factors to Consider before Choosing a Coworking Space
Renting a coworking space will completely transform your working style. It will benefit your working schedule. So, before choosing the shared space, ensure to check the following facilities:
Location of the Building
Before you choose the coworking space for your office, make sure that it has a suitable location. It matters a lot as the shared space should be located in accessible parts of the city. This helps you access markets, transport, hospitals, and other institutions easily. If you are an entrepreneur, it means you have to conduct multiple meetings with your clients. So, choosing a coworking space in an accessible location makes it easier for the clients to visit your office in the shared space. Thus, choose the coworking space that is near your house and other necessities.
Flexibility of Working Space
Do you know one of the reasons that coworking spaces are very popular is their flexibility? So, what would happen if you don’t get the flexibility factor in coworking spaces? It would be worthless.
Shared spaces allow flexible membership packages for the employees. You can rent your workstation or office for three or six days a week, and can have a flexible working pass. Moreover, there is also flexibility in working hours in the space. You can access your workstation at any time of the day. Therefore, it is important to check whether the coworking spaces provide this flexibility of day passes and working hours. It helps you save money by renting only according to your needs and from overpaying the full cost of membership.
Number of Amenities
Coworking spaces offer basic to premium amenities to the employees. You can have a coffee and tea facility. They also provide a gym area, a daycare facility, and a gaming zone. These amenities are provided to keep a lively and positive environment in the workspace. Additionally, technical equipment like computer systems, LCDS, printers, and scanners is available for all employees to use. But not all shared spaces have multiple categories of amenities. So, ensure to check what benefits of amenities they provide to their employees.
Budget of Coworking Space
Using a coworking space for the first few times might seem costly on your budget. But if you look at all the costs that you are paying and the costs that you save monthly, it will help you shape your budget.
Your budget for a coworking space includes the cost of membership, your personal laptop, and the cost of commute. All of these costs together make a proper budget to rent a workstation in shared spaces. Thus, match your budget with the membership cost and also ensure that you don’t have to pay for additional costs.
Importance of Privacy
In coworking spaces, you can find privacy and a professional networking circle. Both of these things are important for employees. However, it is also essential to maintain the balance of privacy and social networking in the workplace.
Coworking spaces offer you the opportunity to experience both with a balance. You can make new friendships and connections with other people in the shared space. At the same time, if you like to work in a quiet and peaceful space, you can also rent a private office for better focus and productivity. Therefore, always check whether they offer a private office in the space for employees.
Security availability in the Building
Coworking spaces offer an independent model of office space open to all employees. It’s not like a typical office with only one company’s employees. In shared spaces, you are sitting with new people. This situation may pose some security risks.
Employees may experience some security issues as they have to be vigilant and protective of their phones and other personal technical equipment. Moreover, working in an open room format might be distracting as people like to work in closed rooms. Thus, look for those coworking spaces where you have the facility of rooms with closed doors. Moreover, ensure the shared space offer other types of security facility like CCTV cameras in building and rooms and guards outside building. These prerequisites indicate the coworking space is a safe facility to use for all employees.
Extra Costs Over Membership
Before finalizing your workstation in a shared space, you go through all the costs and then make a budget for it. Your budget gives you the idea whether you can afford the coworking space or not. But you budget is not finalized yet. There’s one more element you need to consider.
Some coworking spaces allow their amenities and priority areas like meeting rooms, boardrooms, lockers, and a daycare facility with an additional fee. You can’t access these facilities just on your membership cost. You have to pay extra cost monthly to use these special facilities. Therefore, it is important to inquire about the extra costs outside membership to properly make your budget and choose the coworking space that best suits you.
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Maintenance of Professional Environment
Before choosing the coworking space, it is important to check its environment. Several things like nearby areas, shared space office design, furniture, lighting and parking lot together make a professional environment for the shared space. Additionally, the workspace should have lesser noise levels so your productivity doesn’t get affected. So, evaluate the cost of your membership with all these requirements and then choose the coworking space.
Who Should Work in Coworking Spaces?
Coworking spaces offer numerous benefits to employees. From flexibility, networking opportunities to first class amenities and special events, employees make the best decision to choose coworking space as their workplace.
Normally, employees of the following types rent coworking spaces and keep their work-life flexible:
- Freelancers
- Startups
- Remote Workers
- Digital Nomads
- Remote Teams
- Students and Researchers
- Entrepreneurs/Small Businesses
- Employees of Large Corporations
Be Wise in Your Decision
Coworking spaces have changed the landscape of the workplace. The shared spaces have raised the bar by providing flexibility, more fruitful opportunities to employees and the benefits of amenities. These factors make shared spaces very popular. But at the same time, it is the employee’s responsibility to check all the needs and benefits of the coworking spaces. By evaluating the cost of membership, extra costs, monthly budget and benefits, you can make the right decision and choose the coworking space that best suits your needs.
Got the checklist for selecting the coworking space? Now, come visit to the best coworking space in Johar Town lahore. Workpod is the premium shared space to meet all of your needs.
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