How to choose the right Coworking space for your business.
Coworking spaces have become increasingly popular across the world and for good reasons. Although they’ve long been a workspace of choice for entrepreneurs and freelancers, more small-to-medium-sized businesses and corporations are also starting to move into coworking spaces. But how do you know if coworking is right for your business or if a space is good enough for your team to be happy and productive?
At Regus, we want to make sure you can find a workspace that best suits your culture, budget and team. To understand if coworking is right for you and to ensure the space you choose is the best for your business, we’ve put together this quick guide.
What makes a good coworking space?
Statistics show that the number of people booking coworking spaces is growing each year. For businesses that are considering coworking for the first time, it’s important to understand what ‘good’ looks like when it comes to this type of workspace.
When considering moving to a coworking space, you need to consider what this type of office could bring to your business. Some of these benefits may include:
- Networking opportunities: The opportunity to connect with new recruits, potential prospects and other businesses is a top reason why many choose to work out of coworking spaces.
- Increased productivity: With no fixed workstation and away from the distractions of their home office, the open-plan environment of coworking spaces has been shown to increase individual productivity, as well as collaboration between teams. Plus, Regus offers memberships with access to both hot desking spaces and private offices so each team member can work in their ideal space when needed.
- Affordable access to amenities: If you’re looking for a cool startup office but don’t have the capital to invest in equipment and facilities upfront, then coworking spaces are a great option. In Regus spaces, you get access to high-quality meeting rooms, state-of-the-art equipment and reception services without the overheads of traditional serviced offices.
How to choose the right coworking space
Even if you’re already convinced by the benefits of coworking spaces, how can you make sure you find the best office for your business? Whether you’re looking for the best startup offices or are a big corporation looking for more flexibility in your office contract, it is important to consider the following factors when choosing a coworking space for your business.
Location
Do you need to find a space in the middle of the city that is easily accessible to your clients, partners and teammates? Maybe you want somewhere that is close to a buzzing nightlife, creative quarter or technological hub? Finding a central and inspiring location is just as important for your business’s growth as it is for operating effectively.
Having access to locations worldwide can also help small-to-medium-sized businesses move into new markets or corporates make connections and offer workspace to their global workforce. This is what makes Regus a great choice for a range of businesses, as our coworking memberships give access to thousands of centrally-located offices and business lounges across the world.
Amenities and facilities
One of the benefits of coworking spaces for businesses is that they give teams access to high-quality equipment and facilities without the need for huge capital investment. As well as amenities like office furniture, meeting rooms and reception services available for your business, a good coworking space will make these facilities easy to book and access.
With an on-site management and facilities team and an online booking system, Regus facilities are both high quality and easily accessible via our coworking memberships. From mail handling and video conferencing rooms to private offices, all of our coworking businesses can access these amenities and more.
Your budget
The cost-effectiveness of coworking memberships may be one of the main reasons why this type of workspace may be right for you. However, it is always worth checking your contract to see what exactly is included in your agreement. Checking that it is as flexible as you need it to be is also important. For example, some agreements may give you the option to add extra desks or take them away as the needs of your business fluctuate.
At Regus, we offer affordable membership plans that are flexible and can be tailored to your needs so you can access the facilities you need as your business changes and grows.
The office environment
Although some employees may enjoy the collaboration of an open-plan, hot desking space, others may need quiet spaces to work productively. Finding a coworking membership that gives employees access to the spaces they need to work effectively is key to keeping your business running smoothly.
When looking at shared office spaces, ensure that your team can access a range of different workstations, including hot desks, business lounges and private offices, as part of your membership. Regus offers its coworking members access to a range of different workspaces, including video conferencing rooms, in-house cafes and additional bookable on-demand meeting rooms.
Find your ideal coworking space
These are just some of the deciding factors you need to consider when looking for the perfect coworking space for your business. To help you consider all the available options, get in touch with our expert team. As well as having hundreds of locations across the world, we have a variety of coworking spaces to allow you to work your way, whatever your industry or size.
About IWG PLC
IWG is the global leader in hybrid work solutions and workspace brands. We create personal, financial, and strategic value for businesses of every size. From some of the most exciting companies and well-known organisations on the planet, to individuals and the next generation of industry leaders. All of them harness the power of IWG’s hybrid working platform to increase their productivity, efficiency, agility, and market proximity.
IWG’s unrivalled network coverage includes approximately 4,000 locations across more than 120 countries and 83% of Fortune 500 companies are amongst our growing customer base.
Through our brands including Regus, Spaces, HQ and Signature, we help millions of people and their businesses to work more productively. We do so by providing the world’s leading hybrid work platform with professional, inspiring and collaborative workspaces and digital services all available via the IWG app.
For more information
Visit www.iwgplc.com and for more information on partnering with IWG, see: https://www.iwgplc.com/develop-a-location
