7 Benefits of Coworking Spaces for Online Businesses

Coworking spaces are becoming more and more popular as the number of remote workers continues to grow. However, what many people don't realize is that coworking spaces offer a lot of benefits for entire online businesses, too. Let's take a look at seven reasons why online businesses should consider coworking.

#1 - Better Value for Money

Coworking spaces often represent better value for money than renting your own shared office for businesses that can function remotely for a large portion of the time.

In addition to this, coworking spaces offer amenities like printing and meeting rooms that are not included in many private office memberships, and you can simply pay for the hours you use.

There's also less up-front investment with a co-working space.?You can usually start by paying for a day or week pass, which gives you the opportunity to test out the space before signing up for a longer-term membership.

#2 - Community and Collaboration

In addition, coworking spaces offer a sense of community and collaboration that you don't get when working from home.

This can be extremely beneficial for online businesses who are looking to connect with other professionals and exchange ideas.

Studies show that working from home has a negative impact on innovation across teams, so coworking spaces can be a great way to encourage creative thinking.

Here at Nimbus eCommerce, all our team members work remotely. However, apart from working from home, which is a preferred option for most, we also offer a co-working space in a business park close to the city. It can be used for team meetings or individually by our employees when they wish.

#3 - Scalability

Coworking spaces offer flexible month-to-month contracts, meaning that they can grow and shrink with your business.

If you only need an extra desk for a month while you're launching a new product, no problem.

If your team is growing rapidly and you need more space, then you can scale up easily.

This approach proved particularly useful during the pandemic times, when lockdowns forced nearly everybody to work remotely.

Finally, if the time does come to move into a more permanent space, you won't have to wait out a months-long contract beforehand.

#4 - Flexibility

In the wake of the pandemic, many businesses are adopting hybrid working, which is a mix of remote and in-office work. Coworking spaces are perfect for this style of working, because you can simply pay for the hours that you need the space. This means that you don’t end up renting an office that you're only using for two or three days per week.

This is the model that we have adopted in our company Nimbus. We are an online business totally, and this was our preferred option from the beginning. However, we do not reject a possibility of working from an office and this is where the coworking solution comes in handy.

#5 - A Better Work-Life Balance

One big downside of working from home is that it can make employees feel as though there's no separation between work and personal life. This represents a major challenge for businesses that want to maintain a healthy work-life balance and keep morale high.

However, coworking spaces can help because they allow employees to separate work and home life.

#6 - An Attractive Workspace

Coworking spaces tend to be modern and carefully designed for optimum productivity.?This can be a major draw for online businesses who want their employees to feel inspired and motivated.

At a coworking space, you get to access a beautiful office without forking out for expensive furniture and an interior designer.

And this is what we love most about our coworking office here at Nimbus.

#7 - Networking Opportunities

Many coworking spaces offer unique programming and events that can help connect with other professionals in your industry.?

There are often workshops and masterminds available, as well as social gatherings such as happy hours and dinners. This can be a great way to expand your network, get new ideas, and learn from others in your field.

Summary

If you're an online business looking for a better way to work, then coworking spaces should definitely be on your radar. They offer many benefits that are perfect for remote workers and businesses of all sizes, and you can scale your usage as you grow. Nowadays businesses are replacing expensive hardware with cloud software subscriptions and many are also opting for co-working spaces as an alternative to traditional office.

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