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 What is Co- Working Space?

Co-Working Spaces. As the name suggests, that involves sharing a working environment. 

Coworking is the new way of working and sharing, a social gathering of a group of people who are still working independently, but who share values and who are interested in the synergy that can happen from working with people who value working in the same place alongside each other.” Not just about the sharing of facilities and cost, it is about belonging to a community, accessibility and sustainability.

You don’t need to be employed by the same organization to get to work in a coworking space. For small businesses coworking spaces contain overhead costs, there are no long leases to commit to and everything to run a business is usually available.

It aims 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.

Those interesting creative and budding entrepreneurs, as well as to get some much-needed networking and exposure. You will want to meet like-minded people to inspire and benefit you!

Walk into a coworking space and you’ll immediately notice that it feels different with general office. You’ll see a mix of those in deep focus at private desks and others striking up engaging conversations at large shared tables.  This is the culture of the coworking space.

They offer affordable office space for those looking to escape the isolation of a home office or coffee shop. These shared workspaces offer a suite of office-like amenities such as hot-desks, private meeting rooms, kitchens, coffee and more. Often, they also offer a community. Occupants typically are freelancers, entrepreneurs, start-ups and small teams who want to take advantage of a flexible space.

In addition to culture, cost is another big draw. One of the advantages of these spaces is the ability to rent out only what you need vs an entire private office space, which can be costly. Through various membership based models, costs vary and allow for flexibility. These include options for daily fees or monthly fees. Membership costs also differ based on whether you use a shared desk or want a dedicated one.

 

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