Top 7 Benefits of Choosing Coworking Space for your Team

According to Global Coworking Industry statistics, nearly 19000 coworking spaces were available until 2019, with over 3 million global coworkers. Today, the demand for coworking office spaces is increasing worldwide, day by day. In India alone, the total number of coworking offices is expected to cross 41,975 by 2024. Whether a freelancer or a business owner, coworking office spaces provide a more sustainable and affordable option than a traditional office.

Coworking spaces are great for your team to enhance productivity, increase focus, and accomplish company goals. Shared office spaces eliminate the dullness and isolation of working alone and have additional benefits such as networking and mentorship, lower administrative costs, and professional teams to manage operations.

Benefits of Coworking Office Space

So, let’s discuss some significant benefits of selecting a coworking space for your team, and each such advantage may be substantial for your business or company to thrive.

1. Balanced Work Life

Employees are nowadays wearing out of work from home pattern mainly because they cannot maintain the balance between their work and personal life. Many feel that it only adds to their stress. Additionally, the feeling of isolation and loneliness and the long hours at work overlapping family time are among the main reasons for preferring to be back in the office. Also, the employees these days have the option of a flexible office which makes it easy for them to maintain a work-life balance. Adapting to this new way of working are coworking office spaces which also allow a company to upgrade or downsize as per their requirement.

2. Maintain your brand’s identity

Some people think it might be challenging for a brand to retain its identity as well as maintain privacy in a coworking office space. But this problem will not arise if you choose to work from fully serviced and managed offices. You can customize the shared office space to suit your brand color and identity and change the decor to suit your preferences. This also boosts the creativity and motivation of the employees.

Hence the coworking space in Hyderabad is an ideal choice, and it allows for meeting new professionals from various industry verticals in the same workspace.

3. Flexible Work Schedule

Coworking office spaces allow you to pay for only those services you use. The shared office spaces offer the people the flexibility to come and leave the office as per their time. Coworking offices also allow 24×7 access to their centers across all locations, anywhere in the city or country. This makes it easier for companies or business owners to accommodate their employees, in office or remote.

4. Possibilities for Networking

The coworking spaces allow interaction and engagement with other professionals working out from the same workspace. There are regular events and promotional offers undertaken in coworking office spaces. This coworking space working pattern helps the employees avoid loneliness and isolation, improve interpersonal skills and boost productivity. At a coworking place, the employees can roam around the office space freely, have a chance to socialize with other employees, and meet other professionals who can mentor them.

5. Higher Productivity

Coworking spaces offer flexible work environments to accommodate different work styles and world-class amenities. They are designed for productivity and are more structured than working from home. Some surveys report that about 68% of people say that coworking spaces enable them to concentrate better.

6. Cost – Efficiency

Coworking office spaces provide tea/coffee/water, professionally managed reception, housekeeping, and other administrative facilities at no or minimal charges. In the long run, this proves to be more cost-effective than taking up a traditional office space.

7. Access to Shared and Private Spaces

The coworking spaces provide complimentary access to meeting rooms, private office cabins, and coworking desks in their office spaces located in other cities, at times at no additional cost. This would give you more comfort than a traditional office design.

Conclusion 

With so many benefits of using shared office space, it comes as no surprise that various companies are now utilizing such space. One such reliable and best coworking office space provider is iKeva. Located in prime business hubs in Bengaluru, Hyderabad, and Mumbai, iKeva provides serviced offices, coworking offices, meeting rooms, and virtual offices. The workspace provider also offers fully furnished office spaces to some of the fastest-growing and innovative businesses, with best-in-class amenities and world-class services needed for a seamless workflow.