Coworking spaces have so much to offer, and more and more people have been realizing this in recent years. This has led to a huge surge of coworking spaces popping up all over the world, giving independent professionals plenty of options when it comes to finding a suitable place to work from.
Wondering if a coworking space would meet your needs? Read on as Circle Hub explores why freelancers and entrepreneurs positively thrive when working from a coworking space.
It Saves on Costs
Most freelancers and entrepreneurs have a strict budget to stick to. Overheard costs need to be kept to a minimum, yet this is impossible to do if you attempt to lease a traditional office space. Not only will you have a monthly rental fee to pay but you’ll also be burdened with all of the other overheads that accompany this. From purchasing furniture and equipment to paying for utilities, WiFi, and more, the costs of having your own office space can quickly soar, taking money away from other aspects of your business.
With a coworking space, you won’t have to pay for any of that. Instead, all you’ll need to fork over is your monthly membership fee, which is usually very reasonable. Your coworking space will take care of everything else. This not only saves you money but will also cut back on the amount of admin and paperwork you’ll need to do!
You’ll Have Access to an Array of Amenities and Facilities
One of the biggest perks of working from a coworking space is that you’ll have access to so many different amenities and facilities, all of which will be specifically chosen to help members be their most productive selves.
Of course, these vary depending on the coworking space. So, make sure that you fully check out what’s on offer before picking a space to work at.
At Circle Hub, we try to cover all bases when it comes to the amenities that we provide. Our printing facilities and high-speed WiFi will make your working day easier while the complimentary beverages that are always available in our break room, which includes plenty of coffee, will help to see you through a busy day. You’ll also find private office suites available to hire – perfect for when you need to work on something confidential. Meanwhile, our 1500-square-foot indoor and outdoor production spaces are ideal for any freelancers or entrepreneurs who need to create video content.
Productivity Usually Increases
When you’re a freelancer or entrepreneur, you need to make the most of your time. A lack of productivity will only cost you money, which is another area where coworking spaces can help.
Coworking spaces are designed in a way that encourages productivity. A professional environment with minimal distractions, where you’ll be surrounded by other individuals who are also working hard, will put you into the right mindset.
The fact that many coworking spaces offer a variety of workspaces for members to choose from really enhances this. At Circle Hub, you’ll be able to pick from a few different shared workspaces. Whether you want to park yourself at a desk all day, sprawl out on a beanbag, or relax on a sofa, you’ll be able to pick a space that allows you to be as productive as possible. If you happen to find a space that you absolutely love, you’ll be able to make use of our Designated Desk service to reserve your favorite spot for the hours you need.
You Won’t Need to Make Any Long-Term Commitments
The future can often be quite unpredictable for freelancers and entrepreneurs. The last thing that you want to do is tie yourself into any long-term contracts. However, if you were to look for a private office space of your own, this is exactly what would happen.
With a coworking space, however, the contracts are much more flexible. At Circle Hub, they run on a month-by-month basis. Members are free to stop and start their membership whenever they want, saving them from having to worry about what their situation is going to be like a year down the line.
There Are So Many Networking Opportunities
Networking is crucial for freelancers and entrepreneurs. This is usually the most effective way to acquire new clients, meaning that you should be trying to do as much of it as possible!
At a coworking space, this is easy. You’ll be surrounded by other like-minded individuals, enabling you to make new contacts in no time. Thanks to how the professionals at a coworking space tend to have such a diverse set of skills, collaboration is rife too. Whether you’re looking to hire someone to work on your website, seeking advice on some marketing material you’ve created, or simply want a second opinion from someone else in your industry, coworking spaces are perfect for this.
Some coworking spaces take things further by hosting networking events. The events available at Circle Hub are casual and laid-back – a world apart from the stuffy networking seminars that people love to hate! From chatting to other professionals over a free breakfast to spending some downtime doing some yoga with them, our events provide the perfect ice-breakers. Even if you consider yourself to be an introvert, you’ll still find it easy to make new contacts!
You’ll Easily Impress Your Clients
Whether you’re a freelancer or an entrepreneur, there’ll be times when you’ll have to meet new clients, either in-person or virtually. If you don’t have your own private office space, doing this from home can make you appear quite unprofessional.
Sign up to a coworking space, however, and you’ll be able to portray a much more credible vibe. At Circle Hub, for example, you’ll be able to hire one of our conference rooms at an hourly rate whenever you need to host a meeting. This is much more professional than meeting a client at your home or a local coffee shop.
Our virtual office service will boost your reputation even more. It allows you to use our prestigious street address as your own mailing address. Any mail that you receive will be stored by us until you’re able to collect it. We can also forward it on digitally if that’s easier for you. Either way, being able to splash our address across your website, marketing material, business cards, and more will immediately make you seem more trustworthy and credible.
It Will Force You to Be More Disciplined
When you work for yourself, be it as a freelancer or an entrepreneur, it can sometimes be difficult to create structure in your day. This, however, can be very detrimental. Research shows that having a routine not only makes you more productive but also has a positive health impact.
If this is something that you often struggle with, a coworking space could turn this around. Having a dedicated working environment that you need to travel to to attend, as opposed to working from your home office, will encourage you to adhere to a schedule.
Make some friends at your coworking space and you’ll have a sense of accountability too. Arrange to work at similar times on the same days and, once again, you’ll have that all-important structure.
You’ll Enjoy a Better Work-Life Balance
You’re probably aware of how important it is to have a good work-life balance. Not only will this make you more productive but it also reduces stress, boosts mental health, and enhances your personal relationships.
Unfortunately, many freelancers and entrepreneurs struggle to achieve this. When you work for yourself, it can be difficult to set clear boundaries between your work life and your personal life. The two often overlap, meaning that you never really stop working enough to be able to properly rest your mind and enjoy the other aspects of your life.
A coworking space helps to change this. Having a dedicated workspace away from your home makes it easier to separate work time from personal time. The flexible working hours that you’ll enjoy at a coworking space will help with this too. Circle Hub, for example, is open 24/7. You’ll be able to work during the hours that best suit your lifestyle.
Circle Hub also offers a few wellness facilities that help to prevent burnout. From our on-site gym to our gaming room, we try to cater to all. Taking some time out for yourself during a stressful day can make a huge difference to both your personal and professional life.
Your Commute Will Be Much Shorter
Nobody enjoys a long commute. They instigate stress, have a negative impact on mental health, and can often also reduce how happy you feel about the work that you’re doing. Plus, a long commute each day wastes time! Rather than working or enjoying your life, you’ll be spending that time sitting in traffic and being unproductive.
Thanks to how popular coworking spaces have now become, you’ll likely be able to find one nearby, saving you from a tiring commute. At Circle Hub, we have two locations for our members to choose from. One is in Northridge and the other is in Ventura. Both offer a range of workspaces and amenities. They also both happen to be very conveniently located. Whether you travel by public transportation or car, you’ll find it easy to access, and park at, our coworking spaces. Their central locations also mean that there are plenty of restaurants, bars, and more within walking distance – ideal for when you want to continue networking with people that you’ve met at your coworking space!
Summary
As you can see, the right coworking space can be a game-changer for freelancers and entrepreneurs. You’ll be able to enjoy all of the benefits that we’ve discussed above, plus so much more! Not only will these help you in a professional aspect but they’ll bring numerous advantages to other areas of your life too.