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To explain what is a coworking space, let’s start by imagining a traditional office. As a company:

• You have to sign up for a long lease, usually 3 to 5 years or more.
• The entire interior and all furniture and equipment have already been paid for and installed
• The company just needs to focus on their own business
• That agreement can be short, or long, although most companies start off with a one year commitment

Now, imagine the opposite. Imagine a place where experts have put their years of experience in designing offices and their understanding of what employees want into a fantastic design. A design that’s created around collaboration, inspiration, and productivity. In a great coworking space, it doesn’t just stop with a better design. The entire interior and all furniture and equipment have already been paid for and installed. You can just walk in and get to work.

Then, especially in enterprise coworking, you have a team that operates the space for you. Anything that relates to the office, you can now just mention to the on-site team and they’ll arrange it for you. And what’s more, you only pay for the space you use. Often you can pay for only 15m2 for a small team, and get up to thousands of square meters of space and facilities to use whenever you want.

How does a coworking space work?

Now, imagine the opposite. Imagine a place where experts have put their years of experience in designing offices and their understanding of what employees want into a fantastic design. A design that’s created around collaboration, inspiration, and productivity. In a great coworking space, it doesn’t just stop with a better design. The entire interior and all furniture and equipment have already been paid for and installed. You can just walk in and get to work.

At coworking spaces, all of this work is done for you. A company can sign a membership agreement for as little as a few employees all the way up to hundreds of team members. That agreement can be short, or long, although most companies start off with a one year commitment. After all, you’re moving your team here, so you want them to not have to move again soon. From that moment on, anything that has to do with the office, is now the work of the coworking space. The company just needs to focus on their own business, and leave the management of the office to the coworking operator. Simply said, a coworking space allows companies to outsource all their office needs.

What are the main benefits of a coworking space?

The main benefits of coworking space are flexibility, increased productivity, less work for the company, great IT, accommodating a Hybrid work or Work from Anywhere strategy, and a better employee experience.

• Flexibility: Coworking often offers move-in ready offices that allow companies to expand and contract as they want. In an unpredictable world, this is worth a lot to companies.
• Productivity: In the words of Antony Slumbers, a real estate strategist in the UK: “Companies don’t want offices, they want a productive workforce.” Coworking spaces are expectedly designed to foster productivity and collaboration.
• Less Work: The work of running an office – from design to operations to maintenance, is now the operator’s job. The company itself can focus on what they need to focus on: growth.
• Great IT: as more work takes place online, enterprise-grade IT is required. For smaller companies these kinds of IT solutions are often out of reach. In a coworking space, large investments have been made to ensure connectivity. Now, and in the future.