The Many Benefits of London Office Co-working Spaces
Co-working spaces have been increasing in popularity in recent years as an alternative to the restrictive traditional corporate office and the isolated study of the home worker.
According to Mordor Intelligence, there are over 6,000 co-working spaces in the UK, and London is the flex capital of the world for its ever-increasing stock of them.
These spaces have continued to increase in popularity since Covid, with many businesses unable to cover the costs of renting due to hybrid or remote-working business models.
Worker's priorities have also changed, with more of us seeking a better work-life balance and adjustable workweek that fits around our already busy schedules.
Perfect for freelancers, remote workers, small business owners and start-ups, there are many advantages to this flexible, budget-friendly, and collaborative office space option.
Below we’ve detailed the top four that might inspire you to take the plunge and try this progressive and fresh alternative for you and your team.
Flexibility
Co-working spaces have done away with traditional offices' rigid, long-term leases and replaced them with day passes and rolling monthly memberships that don’t require upfront deposits and can be cancelled anytime.
This flexibility makes them an appealing alternative for freelancers, remote workers, start-ups and small businesses whose income streams are fluid and require room to change and grow quickly.
Gone are the days when you’d have to wait out your lease. In a co-working space, a business or freelancer can cancel and move on to other options by the following month. The amenities are flexible, with no two offices offering the same perks or facilities, with more freedom to choose options that provide the resources to run your business effectively.
Finally, coworking spaces don’t require you to keep to set specific hours with the ability to come and go as you please. Some offices are open on the weekends or have early or late opening hours, which is ideal for those who have childcare commitments or need to work on the weekends.
Convenience
From childcare to gyms, cafes to break-out rooms, Co-working spaces offer practical amenities and facilities onsite. No more jam-packed schedules that leave you rushing between meeting venues, navigating public transport and unable to complete everyday errands and activities.
Instead, you can find them all in one convenient spot. Every co-working space is different and designed to fit the various needs of individuals and businesses.
For example, some offer community talks and events as part of their shared ideas initiatives, whilst others prioritise child-care and transport links for working parents.
Either way, businesses and start-ups, in particular, will want to consider the requirements of their team. Unique amenities and facilities can be an attractive draw to clients and potential employees, too. Additionally, freelancers and remote workers will love taking a break from their home office and enjoying high-quality facilities they can’t get at home.
Networking and Collaboration Opportunities
Working from home or as the CEO of a start-up can be lonely and leave you struggling through google pages looking for answers and advice to your questions.
After all, It’s difficult to meet people from the comfort of your home office or dining table, even with an active social media profile. Co-working office spaces are the solution to this problem. I
n a co-working office, you are surrounded by professionals from various industries offering natural networking and collaborative opportunities. Amongst peers, you can ask questions, seek advice and pick up new skills, drawing on the wealth of knowledge from those around you.
Whatsmore, you can connect with other businesses that help you form new partnerships, meet potential clients, and scope out future employees. Expanding your network is critical to any business model, and these types of offices make it easy to do with their community feel and well-thought-out communal spaces.
Cost-efficient
In the current post-Covid economic climate and amid a recession, small businesses and freelancers can’t afford to fork out substantial rent payments or deposits at risk to their personal bills and business budgets.
Co-working spaces negate this worry by starting their prices as low as £50 for a monthly membership and £15 for a day pass, giving freelancers and businesses the freedom to rent spaces within their budget without worrying about huge overheads and the risk of missed payments during quieter months.
There may be one or two additional costs from time to time for added extras, such as meeting room bookings, but these are often at a discounted price if you pay for a membership.
These reduced prices don’t sacrifice the necessary amenities and facilities required by your business, either, ensuring that they are a cost-effective option that is practical and functional.
Explore London Office Co-working Spaces With Spacepool
Exploring co-working office spaces in London is straightforward with Spacepool. Sign up via our website to find, view and rent affordable, convenient, and flexible options near you.
Spacepool is a free, hassle-free service that helps you to compare and search for office spaces that are right for you, your team and your business needs.
Centralised via our website, we’ve made it simple and easy to search on the go and share our detailed listings with your colleagues or friends, all available in one place. At Spacepool, we know how important safety and security are to businesses.
That’s why we use up-to-date technology and offer a dedicated helpline and integrated processes to guard against any problems. We hold all our hosts to the highest standard and have verification checks that ensure they share the same values and commitment to excellent service.
So, start searching with confidence today and find the right co-working space for you and your business.