Benefits of using co-working space

THERE has been a paradigm shift in office setups post-pandemic. More employees are working remotely, with plenty of organisations recognising it as a mutually beneficial arrangement.  

There are also many more small start-ups that need a professional environment to function without incurring the huge expenses associated with traditional office setups.

Hence, co-sharing of work spaces has become extremely popular and this is reflected in the increasing demand for small office suites. Here are some of the benefits of buying into the co-sharing concept: 

Flexibility 

Businesses can adjust their co-working plan to accommodate shrinking or expanding teams, thus only paying for what they need. This becomes more pronounced when a business has off-peak times, so it only needs to pay when the space is required. The same benefit applies to freelancers who rent a co-sharing space only when the need arises.  

Fostering a sense of community

Surveys indicated that many employees greatly miss the sense of camaraderie that an office environment provides. Face-to-face interactions foster a sense of belonging, which is fertile ground for company cultures to form.  

A co-working space helps replicate that sense of community that is not present in a virtual workplace. It also allows workers to interact with like-minded individuals, facilitating the flow of learning and knowledge sharing. 

Unique networking platform

Unlike traditional offices, co-sharing work spaces typically involve people from different industries using the same floor space. With all those diverse backgrounds, such proximity allows for unique networking opportunities that are beneficial for personal growth or to create business synergies. 

Lower costs 

Cost efficiency is probably the largest benefit of co-sharing work spaces. It allows organisations or individuals to share common expenses such as reception services, printers, wi-fi, pantry, and bathroom expenses.  

Since a co-working space is not a long-term real estate lease, it has to remain attractive to tenants. Therefore, property repairs are more frequent and timely, locations are centralised, and parking should be accessible. 

Looking for a prime example of a great co-sharing work space? Then check out the Atelier + LoSo (lifestyle office/ small office) units at edusphere in the IT hub that is Cyberjaya.

To find out more, please go to: http://edusphere.com.my  – Oct 28, 2023

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