Why Should I List My Office as Coworking Spaces?

If you have an office which isn’t being used, listing it as a coworking space can come with many benefits. 

 

What Are Coworking Spaces?

First things first, these are office spaces which are shared by individuals in a communal setting. They bring people together from different companies and industries. They’re shared to encourage a collaborative team setting, as well as increase productivity and networking. 

Businesses rent out coworking spaces temporarily - sometimes for just a few hours but can also be for a number of months. They range in size and design and come with different amenities. Some of these include fast Wi-Fi, a TV, and recording equipment. Coworking spaces are often found in buildings which host a range of other office types, like meeting rooms. On these premises, there are also sometimes facilities, like a café or an on-site gym. 

 

What Are the Laws Surrounding Listing a New Coworking Space?

-    Your business needs to be registered with the appropriate government authorities to start with
-    If you’re renting the space which you’re listing, you need to check it’s okay for you to do this first
-    Some locations have specific requirements for commercial spaces. You need to check you’re complying with these
-    You need to abide by health and safety regulations 
-    When keeping people’s personal information, you need to be compliant with data protection laws, like GDPR
-    Be aware of accessibility regulations. For example, people with disabilities need to be able to easily access your coworking space

 

The Benefits of Listing 

Coworking spaces come with many advantages for employees. Hosting one yourself, however, can also bring a number of benefits to your business. 

Extra Income Source  

Don’t leave spaces unused, make money from them! If your office space is in a popular area and is easily accessible, then you could see people wanting to hire it very quickly. This money can then be used for the business as a stream of income which wasn’t there before. This could be for investments, new equipment or even go towards the property’s mortgage.  

 

Renewed Brand Image  

You can incorporate your space into your brand’s marketing strategy. This will help you reach a wider audience and grow as a business. 

Hosting coworking spaces can make your business appear organised and larger scale. 

 

Enhanced Employee Experiences  

Coworking spaces can provide employees with a new way to work which they didn’t have before. These offices boast many benefits which employees can take advantage of. This includes flexibility to decide when to work and feeling part of a community. 

 

Tax Benefits 

There’s a chance you could get deductions on your business expenses whilst hosting a coworking space. This can include repair costs, bills and maintenance. 

 

Sustainable Solution 

Many coworking spaces have large windows or other similar solutions designed to bring in natural light. Because of this, artificial light is used less, reducing the carbon footprint. A survey carried out by a HR advisory firm found that 78% of employees who work with natural light and views have increased happiness. 

Because many coworking spaces are found in cities, public transport is used by colleagues to get to them. This is a good alternative compared to driving which emits pollutants into the atmosphere. Many buildings which host offices also have bike storage to encourage people to cycle. 

 

Increased Networking Possibilities 

By working with other business and industry experts, you can start to build contacts. This can be useful in the long run, like sparking business opportunities or benefitting from their services. It also allows individuals to learn from other people’s skills that they can then adapt. You could learn a lot from someone who works in a different industry that you didn’t know anything about before. 

 

Become a Host with Spacepool Today 

If you become a Spacepool host, you’ll be able to list and rent out your coworking space at your convenience. You’ll have complete control! You can decide the pricing, availability and any rules, meaning flexible coworking solutions. 

Simply sign up with us on the host section on our website. When your listing goes live, people can request to hire or view your coworking space. You can then accept or reject and contact your guest. Once you accept any requests, a payment is made, and we’ll transfer this to you. With Spacepool, you can reach a wider audience and be in control.