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The Benefits of Coworking Spaces

A coworking space provides small businesses, independent contractors, and other workings a space to get work done. Alongside this, these shared working spaces provide a means to network and take part in the local business community. Coworking spaces were a relatively unknown concept as little as 10 years ago. But, they have transformed the way the modern worker can interact with the business world.

There are about 17 000 of this type of shared working space around the world. As such, understanding their benefits is essential to planning your business’s success. You could use them to meet other business professionals in fields like your own. A coworking space also allows for collaboration on independent projects. You can get together with people that have varying business ideas and learn from each other.

Coworking spaces allow you to pursue new opportunities, and participating in business communities. The benefits are countless. As such, we’ve assembled a list of the most essential ones for small business owners considering them.

Business Opportunities

Man Working at Coworking Space

Coworking space provides you with the chance to communicate with other people, presenting business opportunities.

This is one of the biggest benefits of a shared working space; the opportunity to connect with individuals. You may be working in a home office, or an independent one. If so, you may be missing out on the opportunity to establish much needed business connections. Shared working spaces allow you to connect with professionals in all kinds of fields. Sometimes, all your small business needs are the networks that you can grow with likeminded professionals.

Productivity Boost

When working at home, it can be extra difficult to maintain focus. Distractions are everywhere! The kids need attention, the house needs cleaning, and small home projects can lead the mind astray. By having a dedicated work space free of distractions, it’s much easier to find a work focus. Many coworking spaces are accessible 24 hours a day. As such, they allow for a flexible schedule, and increased productivity.

Improved Creativity

Coworking spaces

Coworking spaces offer you crucial time flexibility. You can come and go as you need to.

A coworking space allows you to work with other individuals. In turn, this exposes you to new perspectives and can provide bursts of creativity. Switching spaces and heading to a new office can allow you to refresh your mind, and consider other solutions to business problems.

Flexibility and Cost Savings

You may be a freelancer looking for a drop-in space. Or, you may be part of an established team seeking a dedicated desk. Shared working space allows you to pay only for the space you need. What’s more, many space providers offer flexible agreements. This means that pricing can scale as per your needs. The advantage here is being able to work at your own pace without the pressure of long-term leases.

Sierra Hotels – Ideal Shared Working Spaces

Sierra Hotel Randburg offers beautiful open-plan shared working space. This is perfect for freelancers, entrepreneurs and small business owners. Your Sierra co-working desk comes with stylish interior, high-speed fibre internet and a range of other services.

Need a shared working space? Contact Sierra Hotels.

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