The concept of coworking spaces originated in 1995 in Germany, where 15 computer engineers came together to create a hacking space. The objective of creating this space was to provide equipment, opportunities and facilities to computer enthusiasts to create an atmosphere of learning.
however, the modern coworking space only emerged after 2002, when two Australian entrepreneurs rented a factory warehouse and created an atmosphere for PRs, Architects, freelancers to get out of the traditional setting and come out for work at coworking space, it provided a win-win situation for all.
What is a coworking space?
Coworking space is fully functional office space but, it is used by companies, Freelancers, contractors according to their needs. It is an alternative to traditional office space and, most of them are located in convenient locations in the city or suburbs.
Coworking space is used by both small as well as big organisations, as to small organisations virtual office Parsippany, which are in growth phase it gives easy and cheap options of office space whereas too large organisations it saves their revenue and increases profit.
Large organisations often spend a stupendous amount of money on maintaining office buildings and purchasing equipment, coworking space provides facilities of office space at a fraction of cost. Organisations and individuals can hire coworking space according to their needs.
Things to consider before renting a coworking space.
Coworking space comes in with different facilities and services, no two coworking spaces are alike here are a few things that you should consider before renting a coworking space so that you can increase your profit and reduce your troubles.
- LOCATION
Location is the crucial component of a coworking space if you are an employer, you should rent a coworking space where it is accessible to your employee and clients simultaneously. If you’ll rent a coworking space near the city centre coworking space los angeles it will give you exposure to talent and better opportunities. If you’re a freelancer or an employee you should choose a coworking space that is nearer to you.
- USERS
You should take into account how many organizations use that particular coworking space. If it is too crowded, it can affect your productivity. You can also take reviews from existing users of the space. A good coworking space should be peaceful and less crowded.
- RESOURCES YOU NEED
As we have mentioned before no two working spaces are alike, do check if the coworking space you’re are hiring has all resources for your need.
For instance, a photography business may need an attached Photo Studio, a food-related business may need an attached kitchen. So, check whether coworking space has resources according to your need or not.
- Cost
last but not least, enquire about the cost of the coworking space and its precise breakup, most of the coworking spaces keep hidden charges in their bills. Enquire about the cost of every add-on service you’ll take it will make things clear and will save your money.