Coworking may conjure up images of open, airy offices with free coffee and comfy lounges. And while comfortable design and environment are a priority, there are even more benefits of coworking spaces that make a big impact.
Unlike traditional offices—or even a home office—coworking spaces are designed in alignment with modern workplace values: flexibility, productivity, professional community, and work-life balance.
And people are catching on to these benefits of coworking spaces, too. In fact, the global coworking market is set to double over the next five years as hybrid work schedules become the norm in many industries.
Here we dive into the top 10 benefits of coworking spaces for professionals and businesses.
10 Benefits of Coworking Spaces You Need In Your Work Life
The benefits of coworking for remote workers, entrepreneurs, small businesses, and other professionals are demonstrated by the fact that there are so many now-massive companies that started in a coworking space, like Uber and Spotify.
We’ve also seen first-hand how start-ups thrive in coworking spaces and our members feel more engaged and excited about their work.
So what’s the big deal about coworking?
Here are 10 key benefits of coworking spaces you need to know about.
1. Enhanced Productivity and Focus
Coworking spaces are designed for work. They’re created to bring out the best in people and create a productive, focused environment. Everything from the lighting, decor, various workspace options, and background music helps you focus on your work at hand.
Most people also get a major productivity boost by simply getting out of their houses and into a space with other productive professionals.
2. Professional Image
One of the major benefits of coworking spaces is the professional environment, especially if you work with clients or customers. There are some unique advantages that make it easier to land clients and grow your customer base at a coworking space.
On-site reception and fully-equipped bookable meeting rooms make an excellent first impression on your clients. Virtual office services can also provide you with a professional phone number and address to avoid handing out personal information to customers.
Finally, you can use your coworking space’s address to comply with Google’s business profile requirements. That is, to be listed as a business on Google, you need an address. And, a coworking space address can help you out! Read our guide on how to make sure you check all the compliance boxes here.
3. Location and Time Flexibility
Flexibility, flexibility, flexibility—the very heart of coworking! And, one of the major benefits of coworking spaces. Flexibility manifests itself in a few different ways:
- Flexible workspaces: Start your morning at your dedicated desk, take a call in a phone booth, catch a break on the patio, and move to the shared lounge. There’s flexibility within your coworking space so you don’t have to sit at a desk and chair unless you want to.
- Flexible hours: Come and go as you please with total freedom over your schedule. This flexibility lets you build your work into your life and find the right kind of balance that you need.
- Flexible contracts: Many coworking spaces are based on flexible monthly memberships, so you’re not locked into long-term contracts. Here at The Post, we also have options like flexible day passes and part-time private offices so you get only what you need.
4. Essential Amenities and Services
Many remote workers don’t have access to everything a typical office setting might have. One of the benefits of coworking spaces is that there are essential amenities and services to help you do your best work. This can include things like:
- Printing and scanning services.
- Virtual office services that include voicemail or mail-forwarding services.
- Coffee and snacks
- Kitchen
- Lounge areas
- Concierge services
- Mailrooms
5. Socialization and Community-Building
Isolation is one of the biggest barriers facing professionals individually and the company cultures to which they may belong.
One of the main benefits of coworking spaces, then, is that you have access to so many other like-minded individuals.
Grabbing a coffee or hanging out in the lounge promotes casual “water-cooler” talks, so you can build some informal social relationships. As you join organized events, too, you can really optimize your community-building experience—more on that below.
6. Cost-Savings
When you do the math, the cost of coworking space is cheaper than a traditional office for many businesses or professionals.
Anyone who uses a coworking space pays for exactly the space they use, whether it’s a drop-in hot desk or a private office space. Flexible coworking agreements also allow you to scale as needed—you can increase your space with more team members or downsize when things change. All this without getting locked into a contract and overspending on space you don’t need.
Everything, including all those amenities we just discussed, is included in your simple coworking membership fee. Additionally, overhead costs are shared by the members of the space, reducing the high start-up costs of finding your own office space.
7. Networking and Professional Development
On top of casual socialization, coworking spaces offer excellent networking opportunities. Again, you might just strike up a conversation with another coworking member who turns out to be the graphic designer or copywriter you’re looking for. If you need some tips, here are six steps to network organically in a coworking space.
Additionally, many coworking spaces offer professional development opportunities through events, seminars, talks, or networking events. This is a great way to meet other professionals, collaborate with them, and expand your professional skills and abilities.
8. Fun Perks and Events
Sometimes things don’t have to be about growth and development—they can just be fun!
Take it from us, we have a lot of fun here at The Post. Our regular events are high-energy and often feature great food or drinks. We love seeing other members get to know each other and enjoy connecting together.
In addition to events, many coworking spaces offer perks to their members, like freebies or discounts to local businesses.
9. Inspiration and Motivation
If you need a little motivation boost, come hang out in a coworking space for a little bit. There are so many inspiring professionals who gather here—whether they’re solopreneurs, running a non-profit, creative consultants, or managing the satellite team of a Fortune 500 country.
You will be inspired by their successes and motivated to work harder. Just being in the same environment as others can provide a huge boost to your workday.
10. On-Site Support
We’ve all felt the pain of technical issues or other challenges that pop up. On-site support is one of the biggest benefits of coworking spaces because you have other people to troubleshoot things that arise.
Our team here at The Post is set up to serve members and elevate their daily work experience by supporting whatever needs come up. You’re not alone—you’re with a team of people committed to your success.
So what’s the big deal with coworking? Well… everything. These 10 benefits of coworking spaces can help you reach peak productivity, enjoy coming to work, and grow in your career.
And if you’re looking for a coworking community to achieve that, you’ll find it at The Post. Contact us today to book a tour.