Shared workspaces are becoming increasingly popular, especially with the changing landscape of the workforce. A shared workspace is an office environment where you can rent as much space as you need and work alongside other like-minded business owners. You may just want one desk for yourself, or you may want multiple desks for more team members.
In a shared workspace, you may only have one desk for yourself, but you do get access to a range of other amenities and services. This can include telephony with dedicated phone lines, printers, access to meeting rooms, mail handling, WiFi, and even reception services. For start-ups and small businesses, a shared workspace is the ideal way to get started without the cost of leasing an entire office space.
The benefits of shared workspaces
Shared workspaces, also known as co-working spaces, are a great place to start a new business, launch new products, or even provide a professional setting for remote workers in your team to operate. In fact, there are so many advantages to choosing a co-working space over working from home or renting a commercial office. Here are just a few of the benefits.
Cost-effective for growing businesses
When you’re just starting your business, renting office space can be a huge expense. In fact, it’s a cost that is simply out of reach for most start-ups. However, it’s difficult growing your business from home, especially if you need to host client meetings. Plus, if it’s just you, renting an entire office space is unnecessary.
Co-working spaces are a great option because you get all the benefits of a modern, professional office without the extra expense. Plus, when you combine all of the other benefits that we’ll discuss here, it is far more cost-effective while establishing your business.
Another great thing about shared workspaces is working with like-minded individuals. In some cases, you’ll get some great networking opportunities. You may even find ways to collaborate with other businesses in your shared workspace. But if not, it can still be very motivating and inspiring to spend your day around other people who are eagerly trying to grow their businesses.
Shared workspaces are scalable to your needs, so when your business grows, your workspace can too. For example, you might start as a one-person operation with one desk. If you bring another team member on board, you can lease an extra desk accordingly. By the same token, if your team size declines, you can scale down so that you’re only ever paying for what you need.
In addition to this type of scalability, you also get more flexibility. Some shared workspaces offer the opportunity to hotdesk for a smaller monthly fee. For example, if you only need to use your office space for 10 days in a month, you can.
Access to office equipment
Another huge bonus is being able to access all the office equipment you need without committing to costly equipment leases. Things like multi-function commercial printers are expensive to lease outright, so this is a big cost saving for growing businesses.
In addition to standard office equipment, you also have access to high-speed internet and WiFi throughout the office.
Present yourself professionally
As a new business, it’s easy to feel like people don’t take you seriously. In many ways, that’s to be expected if you have a residential address on your website and Google profile. Also, if you need to meet with clients, it’s not always appropriate to hold meetings in cafes. All of those problems are over when you join a shared workspace.
By choosing a desirable location, all of your marketing material and letterhead has a professional address. You can also book the shared meeting rooms when you need them so that you’ve always got somewhere to impress your clients.
Not only that, but with a dedicated reception service, clients are met upon arrival in a professional way. You also have a reception team to manage our phone calls, which again presents a professional outlook to clients, customers and anybody else you deal with.
Thinking of moving to a shared workspace?
Urban Hub is one of the most sought-after shared workspaces in Wellington. Joining the Urban Hub family could be just the thing to kick-start your business or help your small business grow. Plus, if you find that your business outgrows your space, you can always upgrade to more desks or even a larger serviced office space.
If you’d like to start your business in a desirable location in the heart of Wellington’s CBD, contact the team at Urban Hub today.