Whether you’re an entrepreneur who wants to stop working from home or you run an established company and need a new base, coworking spaces have been providing the perfect solution for businesses all over the world. Because of this, they’re now more popular than ever – statistics point to how more than five million people will be working from a coworking space by 2024.
Of course, one of the most important aspects to consider when choosing a coworking space is location. It needs to be somewhere easy and convenient for you to access. After all, nobody enjoys a long and frustrating commute!
If you happen to be on the hunt for a coworking space in the Californian cities of Northridge or Ventura, then Circle Hub will have likely caught your eye. Our coworking spaces are absolutely ideal if you’re looking for a workspace that will enable you to take your business to the next level. Here are six ways in which we can help you to do just that.
1) Lowered Business Expenses
For many businesses, the biggest barrier to growth is finances. Without such a tight budget to adhere to, many businesses would be able to flourish in new and exciting ways.
For starters, think about how much you’ll save by not having to pay extortionate rental amounts for a private office space. At Circle Hub, each member pays a very reasonable monthly fee that then grants access to our coworking spaces whenever you’d like. You can visit your Circle Hub base seven days a week, 24 hours a day, which is more than what many traditional office spaces with strict building regulations would allow. Even paying for your entire team to work from Circle Hub would still likely save you a significant chunk of cash compared to if you were to lease your own space.
Plus, let’s not forget that Circle Hub is already kitted out with everything from overheads to furniture. If you were to lease your own office space for your business, you’d have to cover the cost for all of this yourself. From electricity and WiFi to desks, chairs, sofas, and decor, you won’t have to worry about any of those pesky additional expenses if you sign up for our coworking space.
Even better, with Circle Hub, there are no long-term contracts involved. You simply pay on a monthly basis, meaning that you can move on whenever your business needs to.
2) Frequent Networking
Networking is something that can quickly propel a business to success. It can help in a number of ways, from enabling you to establish fresh professional connections, which could lead to collaborations or new hires, to giving you access to exciting ideas or valuable industry information. With the right networking, you’ll also be able to raise the profile of your business, showcasing it to potential new clients.
How is this related to Circle Hub?
It’s simple – when you work at Circle Hub, networking becomes infinitely easier. Coworking spaces provide the perfect networking hub. You’ll be surrounded by people from a variety of different industries, each working at various levels. This sheer diversity means that you never know who you’ll end up meeting and how each encounter could potentially support your business.
Wondering how you would go about networking at Circle Hub?
Simply chatting to the people around you would be a great way to start. If you don’t feel comfortable approaching people while they’re working, spending some time in our common areas, such as our kitchen, will give you the chance to strike up a conversation when people are taking some downtime and are open to socializing.
If that doesn’t appeal to your introverted nature, Circle Hub also has a roster of informal networking events that you can attend. From free breakfasts to yoga sessions, the casual appeal of these regular events attracts those who prefer networking in a more relaxed environment as opposed to the more formal networking events hosted by other organizations.
3) Increased Productivity
Research shows that 74% of people who work at a coworking space find that they’re significantly more productive. This is largely down to how coworking spaces increase motivation. This then encourages a person to work to their full potential.
Overall ambience has a lot to do with it. When you’re surrounded by people who are being super-productive and are working hard, this will then give you the motivational boost that you need to do the same.
The flexibility that people enjoy at a coworking space helps with productivity too. For example, at Circle Hub, we have a variety of different spaces that you can choose to work from. If you would like to immerse yourself in a buzzing environment, you can choose our Hot Spots or Designated Desks. They’re both located in the same areas but the main difference is that designated desks require advanced booking whereas you can turn up whenever you want and simply grab an available desk with our hot spots.
On the other hand, if you need some peace, quiet, and privacy to work on something confidential, you have the option of renting a private office space. Whether you need a single desk just for you or a few desks to accommodate a team, being able to pick the perfect workspace for the task at hand will see your productivity soaring.
4) Access to a Wide Range of Amenities
We’ve already talked about the very basic amenities that we offer at Circle Hub. Comfortable furniture, high-speed WiFi…we also have fantastic printing facilities that our members can use whenever they need to.
However, these are amenities that all coworking spaces should offer. At Circle Hub, we take things even further by providing our members with even more amenities that will not only help to take their businesses to the next level but will also encourage a healthier work/life balance.
Take our kitchen area, for example. Not only can you use the kitchen to prepare your own snacks and meals for the day, but you can also enjoy the complimentary refreshments that we provide. Again, this will save your business a bit of money (the cost of your daily coffee habit will quickly add up!) while also giving you an area where you can relax for a while.
Our onsite gym is also extremely popular with our members. Research confirms that exercise improves a person’s performance and productivity. By making it easy for you to grab a quick midday workout, Circle Hub is once again indirectly helping you and your business to succeed.
Of course, sometimes, you’ll need a non-strenuous way to release some steam. This is why we also set up a gaming room. Here, you’ll be able to kick back and spend some time battling it out with your favorite video games. This may come as a surprise to some of you but research has shown that a 45-minute gaming session can increase productivity by 20%. It improves how your brain performs, giving you a cognitive boost that boosts attention span and efficiency. Get your entire team involved and you’ll also be establishing a strong sense of comradeship!
5) Increased Credibility for New Businesses
Although working from home can often be very convenient, it’s not a very credible way to go about running your business. No matter what your business is, consumers will always be more wary of a company that isn’t operating from a legitimate business address.
Sign up with Circle Hub and you’ll be able to really impress clients, investors, and everyone else with your new workspace. Whether you have a video meeting or a face-to-face presentation, we offer all of the facilities that you’ll need to make this a success.
Take our conference rooms, for example. They’re perfect for when you need to host a meeting. It will give off a much more professional vibe than if you were to hold your meeting at a local cafe, meaning that whoever you’re meeting with is much more likely to put their trust into your business.
How will this help if you still need to use your home address as your business’s main correspondence address?
That’s where our virtual office service comes in. With this, you’ll be able to make use of our prestigious Californian street address as your business’s main mailing address. Not only will it make your business appear more credible than if you were to use your home address, but it’s a much safer option too. When you receive mail, we’ll hold it for you until you’re able to pick it up from our office.
If you decide that you no longer need to use our coworking space, you can still rely on our virtual office service. However, instead of having to trek over to our office to collect your mail, we can digitally forward it to you. This will give your business the option to run from anywhere in the world while still retaining the same address.
6) A Sense of Community
If you’re running a startup or a small business, there’s no denying the fact that this can sometimes feel a little isolating. You’ll often find yourself working flat out at all hours, leaving very little time for socializing.
Unfortunately, this can be very detrimental. The human brain needs socialization in order to stay active and thrive. You may not notice the effects of your insular lifestyle to start with but try socializing more and you’ll soon find that not only will you be training your brain to remain more active and engaged, but you’ll also feel happier and more fulfilled overall.
At Circle Hub, it’s so easy to socialize. As we mentioned earlier, networking is something that we encourage. However, you don’t only need to network for the purpose of making new connections for your business – you can also use it as an opportunity to meet new people, build new friendships, and revel in the sense of community that surrounds you. With such a vast array of people who use our coworking services, you’ll no doubt be able to create some lifelong relationships at Circle Hub!
Working at a coworking space offers numerous advantages for a business, particularly if you choose somewhere like Circle Hub. With all of the various amenities and services that we offer, we’ll be able to help you take your business to the next level so that you can experience the success that all of your hard work deserves to see.