Take The Next Step In Your Business – 4 Reasons All Startups Need A Coworking Space

Divya Sitlani
Divya Sitlani is the Client Relationship Manager at The Address. If you ever happen to visit The Address' Ahmedabad offices, do not miss to stop by and say Hi to her.

Coworking is the new path of melding life and work in a sustainable fashion. It is the global linchpin at the intersection of real estate, technology and community, which will shape the way we work in the future. Coworking is not just about the sharing of infrastructure and cost, it is about belonging to a community, accessibility and sustainability. Coworking is the new way of working and sharing. Coworking spaces are designed to provide a productive and collaborative environment for their dynamic inhabitants, and created without corporate constraints on what is perceived to be an “office” environment offering flexible memberships to suit most needs.

Four Reasons All StartUps Need A Coworking Space:

1. It Is Affordable

Buying a large office space could affect your pockets big time as these office spaces come with least documents that may cost at least several thousand rupees a month. Coworking spaces are mostly cheaper than these office spaces and with all amenities included.

2. Grow your space as you grow your company

For a startup nothing is static, and coworking spaces are designed to be flexible in terms of locking periods, they let you accommodate growth and choose according to your preferences. Have 2 employees one month and next month 5 of them? No problem, you can shift from fixed desks to a larger cabin or add more fixed desks.

3. Network.Network.Network

While young people are definitely the dominant demographic in coworking spaces, the ecosystem of people, companies and firms is diverse here. For every tech startup, there’s an IT person, digital marketing firm there, financial consultant right there. So startups can hugely benefit and collaborate with the same for their services.

4. Generates Positive Vibes

Starting a business can sometimes prove to be psychologically hard for young minds. They may find themselves in a situation when they doubt themselves, their company, their efforts etc. Working in a coworking space helps you to surround yourself with smart, enthusiastic and hard working people and can prove to be the best cure for startup depression. The kind of environment provided by these coworking spaces is more productive and positive compared to working at home or at an office.

Productivity is one of the most important factors for achieving success in any business. If you work from home or from some coffee house, it is hard to get motivated as there are lots of distractions which may result in the start-up failure. A research mentions that nearly 85% of individuals who started working at the coworking space felt more motivated. The reason for this lies in the fact that these spaces are constituted by a diversity of the workforce, and one can find ample of ideas to fish out in the ocean of ingenious minds. You can get advice from founders, experts, and freelancers, who work here. The words of wisdom from these individuals can help you realize what your business requires to take it to the next level.

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