9 Ways Your Business Would Benefit From a Coworking Community

As the pandemic is coming to an end, or, at least, as we are getting the hang of it, many businesses have to think hard about the future and their progress. Some of them had to be shut down. Many had to cut down on their expenses severely. And all of them needed to find alternative ways of keeping afloat, and to survive the crisis.

Fortunately, one thing emerged as a savior to all the big and small companies alike – the coworking community. It helped all the businesses in need, providing them with the thing they require the most – a means of surviving the crisis, and a way to boost their productivity.

There are numerous ways your business could benefit from joining a coworking community. Let’s see what those are.  

Networking – the Key to Prosperity

Having a private office space for the needs of your company makes it more difficult to stay up-to-date with the latest business trends. That’s because you are surrounded only by the people working in your company, be it big or small.

The surroundings in such cases can quickly become uninspiring.

A coworking community would give you the chance to be engaged and very well connected. This is a co-shared office space where all people work together while working apart.

They are all there, doing their own thing, but the possibilities of inter-communication are endless. Not to mention the coffee breaks.

Oh, the coffee breaks. One of the best parts of the working day.

If you are looking for a space with amazing amenities, you definitely have to check out Circle Hub’s spaces in Ventura and Northridge. They will blow your mind.

Every coworking office space has its special lounges, or spaces for relaxation, where you can come and get free coffee and catch a break. There, you can easily meet somebody from another company. You’ll end up making wonderful partnerships. Interchanging ideas could also help your business tremendously.

Indeed, networking possibilities are the heart of every coworking community. Many partnerships have been made in such a way, and consequently, many businesses thrived.

Unlimited Talent Pool

This is a natural extension of networking. The coworking community doesn’t just consist of small and big businesses. Many freelancers who grew tired of working from home come here to work in a proper working environment.

That is the biggest benefit if you are someone looking for a good employee. Imagine the number of talented, hard-working people coming there to work. You would not need a CV, you could see them working right then and there. You can see how they solve problems, how they cope with stress, and you can easily make them an offer to come and work for you.

No need for long, tedious interviews. Everything can be finalized much sooner. And when you find a perfect fit for your business, no doubt your productivity levels are only going to rise. Every coworking community is rich in talent, waiting to be discovered.

Cost-Effective

Renting a coworking office space and entering a coworking community is a good decision no matter if you are a small or big company, or a freelancer.

Small Businesses

If you are a small business looking for an office space that will not devour all your earnings, then renting a coworking office space would certainly be a good solution. Not only is it cheaper than renting a traditional office, but it also offers many more things at your disposal than any traditional office ever would. That way, you could actually invest the money in something far more appropriate for your job. It could be something that you actually need in order to get ahead in the business world.

Big Companies

If you are a big company, again, the best possible solution would be to rent a smaller space in a coworking company. Especially now in the Covid-19 era, where many of your employees have turned to working from home. You will save enormous amounts of money, and your productivity levels will skyrocket.

By being surrounded by different spheres of work, and people working in completely different areas of business, many of your employees will find it quite stimulating to do their share of the work. They will go to work more eagerly.

Not only would it be cheaper because of the price of the space, but you would earn more money due to increased productivity.

Freelancers

If you are a freelancer, then this is a no-brainer. Yes, there are people that enjoy the freedom of working from home. But some can find that quite burdensome. They end up sitting in coffee shops, ordering one coffee after another, then a sandwich, and a few more drinks. Soon they realize that these outings take a big part of their earnings. They also soon realize working from a café just doesn’t pay off.

That is why finding a proper communal office space would be perfect for coffee-loving freelancers that are not so fond of working from home.

By renting a coworking office space, they would cut down on their costs significantly. And they would get all the coffee and sandwiches they could eat.

Increased Productivity and Creativity

Again, whether you are a small business or a freelancer working from home, or if you are a big business in a private office space, joining a coworking community would boost your productivity and creativity levels in more ways than one.

Working from home can have its benefits. However, it can also be very distracting. You are not at the office, detached from your house chores, and there is always something that needs to be done at home. Whether you have kids that need to be taken care of, or a pet that is in need of your attention, you can’t get peace you need to get the job done.

And don’t get us started with the chores. Everything that has to be done around the house can be a distractor at some point – the dishes, the laundry, the dirty drapes. By joining the coworking community, you will get the peace you need to excel at your job.

Some people would argue that communal office spaces are also distracting because there are so many people doing different things around you.

Firstly, there are many types of offices you can choose from when opting for a co-shared office space. At Circle Hub, for example, you can choose whether you want to be seated at a hot desk, a designated desk, or a private office space. If you want a private, secluded nook of your own, just call and make a reservation.

Endless Inspiration

On the other hand, there are people that thrive when given the opportunity to work surrounded by so many people. They draw their inspiration from the commotion and the conversations they have with their fellow coworkers.

This would particularly benefit the big companies having problems with low morale of their employees. Having to come to work every day, surrounded by the same people and the same walls, can sometimes kill your work mojo. That is why joining a coworking community would do wonders for your performance.

You never know who you are going to meet. Sometimes you may come to a halt, with no way to surpass it. It only takes one stimulating conversation to help your cause. A brilliant suggestion from a coworker you would not get if you continued working in a traditional office.

State-of-the-Art Equipment

If you are looking for a serious boost to your productivity, then you need to have the proper equipment. More often than not, working from home doesn’t include the best WiFi connection.

By joining the coworking community you will get all the aforementioned. Stable WiFi is something that every coworking space needs to have. You won’t have to worry about any of these things, which will be of great help, especially if you have to finish something urgent.

Greater Flexibility

The times are changing, and more and more companies are cutting ties with the traditional nine to five working hours. The set times are becoming less and less popular. Not to mention that several studies have shown that giving people the chance to choose their working hours boosts their efficiency.

In a coworking community, you wouldn’t need to think about that. They are open all day, every day. You can pick your working hours the way you see fit. If you are a night owl, don’t worry, you are not alone. You will find out that many people share the same late-night strokes of genius as you, and they will be there, working.

One of the biggest benefits of choosing the time you work is escaping rush hours. There is nothing worse than being stuck in a line of cars and buses, not knowing when you are going to arrive to and from work. It is tiresome and stressful at the same time.

Well, the flexibility of a coworking office space would provide you with just the opposite of that.

No more rush hours, no more worrying about missing anything at home. Of course, removing the stress of commuting from the equation will help with your productivity levels and state of mind a lot.

Better Work-Life Balance

Naturally, if you have more flexibility to choose your working hours, you can plan your pre- and after-work activities better.

You will be able to spend more time with your family and friends. This will do wonders for your state of mind. You will be more satisfied, not only with your job, but with your private life too. Win-win! 

Imagine having to be at a birthday party at 6. But you’re working till 5, on a completely opposite part of the town, trying to make it through the rush hour. We can all agree, that is almost, if not completely, impossible. Not to mention your children’s dance recitals or plays where they have the lead part.

The coworking community will enable you to get your social life back in more ways than one.

Access to Different Amenities

Having a variety of amenities is especially important for small businesses, startups and freelancers, since they wouldn’t have the same opportunities when working from home. If you want to run a serious business, you need, for example, event spaces or meeting rooms, you wouldn’t otherwise have.

Circle Hub offers one of the most amazing event spaces and conference rooms there are. Each one has been kitted out with state-of-the art equipment. Of course, the service is as amazing as the equipment. You’ll be able to enjoy refreshments while having an important meeting or a presentation.

Other amenities include cafés, gyms, private spaces for relaxation, gaming rooms. You may think that some of these things can distract a person from doing their jobs, but one has to find inspiration somewhere. And it usually happens when your brain relaxes.

Different people relax in different ways. Some need a cup of coffee and a newspaper, some a good workout in the gym, and some just need to zone out and play a game or two. No judgment here. If the end result is going to be an incredible idea of how to solve a glitch you encountered, then it is for a good cause.

Remote Access

If your coworking space has offices around the city, you can easily choose where you are going to work from. This gives you additional flexibility to organize your time.

You’ll be able to connect from anywhere, anytime, without having to think about stable WiFi or anything like that, because all the spaces are equipped in the same way.

If you are an employer and you want to hire somebody really talented, but you cannot afford the costs of relocation, this will come quite in handy. They can do their job from anywhere they want, and the coworking community will provide for everything they need.