Is co-working space a good fit for your new business?

Photo credit: LOFTFLOW / Shutterstock.com
Photo credit: LOFTFLOW / Shutterstock.com

You’ve finally left your desk job, registered your business and are now ready to be a true entrepreneur. For millennial business owners, coworking space has become a key factor in growing their company into a serious one. With big dreams and small budgets, moving into an office space may not be feasible to start. But in efforts to give new entrepreneurs a productive workspace, coworking has become the popular route to take.


What is a co-working space?


Growing very rapidly in recent years, a co-working space allows new startups, freelancers, creatives and more to share a work environment. Recently, sisters Teyana and Ashley Taylor jumped into the world of co-working with their new building Spaces & Co. For modern jobs like blogging, photography and media, this space offers meeting rooms, private offices and even space to take photos.

If you are ready to take your business seriously but have no office space, here are three benefits of co-working:


Co-working reduces costs
Leasing an office space can be very expensive for a new startup or freelancer. With buildings like Spaces & Co., entrepreneurs can invest in a small monthly fee that allows them to be effective. Like most coworking spaces, Spaces & Co. offer day passes that gives guests access to high-speed internet, printing, scanning and much more. For creatives, it is also a great way to take photos or record videos without having to rent a space for a huge fee.

Co-working brings together aspiring entrepreneurs
It is easy to lose the community of work when you become self-employed. With coworking space, it opens up the opportunity to meet like-minded people.Like Spaces & Co., you have the ability for private or public workspace. This is perfect for meeting new partners, potential clients and mentors that will help you grow as a leader and business owner. In addition, most coworking space offers workshops and happy hours for the chance to mingle with other entrepreneurs.

Co-working creates a space to take your business seriously
Working from home is great but can also be a huge distraction. From technology to children, it can be hard to focus on accomplishing goals you set for your company. Having a designated space to go to gives a sense of importance. It also inspires us to make the work we are doing a priority. When choosing a space, make sure their offerings match what you need. This could include location, internet speed, complimentary printing and happy hours.

Co-working is a great way to jump into your business for the first time. Do some research to see what is right for the goal of your company and then jump in. Your dream is calling.

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