Your Guide to Coworking Spaces

Jessica Peterson

TeaHaus man on laptop computer in Ann Arbor, Michigan

Have you heard of coworking spaces yet? If not, there’s a good chance you will start to hear about them soon.

Coworking spaces have continued to grow in popularity over the years, as they provide everything a traditional office would offer, but with a lot more flexibility. However, when people hear the term “coworking spaces,” they may not know what exactly that entails.

Those who love travel and work, digital nomads, or even those who work from home are most likely to benefit from using a coworking space. With this in mind, we created a guide to help you understand what they are and why you should look into renting one.

What are Coworking Spaces?

Essentially, a coworking space is a shared office space. Professionals who do not have a physical building in which to work can utilize a coworking space versus a busy coffee shop or the isolation of their home.

To better understand them, picture one large open office with multiple desks. Instead of having a building with many small offices, a coworking space follows an open concept where entrepreneurs can rent out a desk. They still provide all the amenities of a typical office, like a private meeting room, coffee break room, printer, copy machine, and other office essentials, but in a more relaxing and creative space.

What’s the Draw to a Coworking Space?

It’s easy to think, “Why would I spend money on renting a desk when I have a perfectly good one at home, or I can go to a coffee shop for free?” But, do you have all the tools and amenities at home that an office provides? Can you print and fax important information from a coffee shop? Likely not.

Coworking spaces are viable options for freelancers and entrepreneurs who may not have a lot of money to buy a full building, but still are in need of a space to look and feel professional.

Quite often, you can rent them on a daily, weekly, or monthly basis, making them an affordable solution for many startup companies, as well. Another draw to coworking spaces is the creative and inspiring atmosphere they provide.

Because you have many like-minded entrepreneurs in one open area, it allows you to network with other people and bounce ideas off of one another.

Benefits of Coworking Spaces

Many find one of the top benefits of a coworking space is it allows them to stay more focused and be more productive. You would think that since you’re sharing an open space with multiple people that it would be distracting. The truth is, though, that everyone is there for the same reason – to work.

Coworking spaces give freelancers the opportunity to look and feel professional. Because working from home or a coffee shop does not project the same professional vibe as working in a company office does, the coworking space gives them everything they need to look and be professional. So, if you tend to meet with clients on a regular basis, the private meeting rooms would be exactly what you need.

Another excellent benefit to a coworking space is that it helps entrepreneurs avoid the feeling of isolation and loneliness. It’s easy to get caught up in work and go days without seeing people, which can be hard on your mental wellbeing. By using a coworking space, even if you don’t know anyone there, you’ll be surrounded by people to help keep your spirits high.

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