Coworking spaces have exploded in popularity in recent years, and more entrepreneurs than ever are now abandoning traditional offices altogether. In addition to being much more financially feasible, coworking spaces could also boost your creativity. Sitting in an office cubicle for hours at a time is going to have an impact on your psyche, and that is why many professionals are now avoiding that type of work setting. Here is a closer look at a few of the key differences between coworking spaces and traditional offices.
A Look at Coworking Spaces
Before delving into the pros and cons of these different types of work settings, you might want to take a closer look at exactly how a coworking space is run. Instead of renting or leasing a private office that only houses a single company, you will work in an open space that is filled with entrepreneurs, business owners, and other driven professionals. Coworking spaces are also known for their open floor plans, high-end technology, and comfortable furniture. The goal of a coworking space is to maximize your efficiency while encouraging collaboration between professionals.
Being surrounded by a wide variety of specialists could take your business to the next level. A bustling coworking space will be full of many different people who have invaluable skills, and you are going to have access to a myriad of experts. You can also get opinions from different individuals, and a fresh perspective could be exactly what your company needs.
It should come as no surprise to anyone that traditional offices with oppressive cubicles can stifle creativity. When an individual sits in the exact same environment for hundreds of hours a month, it will be difficult for them to come up with new ideas or figure out unique solutions to their problems. Studies continue to show us that removing physical barriers like cubicle walls will actually help with mental barriers. One recent study carried out by Oxford Economics found that working in a traditional cubicle can negatively impact morale, creativity, and productivity.
The Cost Factor
In addition to improving creativity and productivity, you must also consider the cost factor. Most small businesses operate on a razor-thin budget, and leasing an entire office will put many of those companies in the red. Along with the monthly rent, the business will also need to pay for utilities, maintenance, and repairs. With a coworking space, all of those issues are going to be a thing of the past. You are going to pay a small monthly price to work in that space, and you won’t have to worry about time-consuming and expensive maintenance. Many of those spaces also give their clients access to a variety of useful tools and features ranging from high-end computers to private meeting rooms.
If you are ready to break away from a traditional office environment, then it might be time to consider a coworking space. That type of space could be exactly what you need to spark your creativity and boost your productivity.
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