Since remote work has been on the rise, people have either been working from the comfort of their own homes or at certain cafes. While these places can provide a good working environment, there are elements that can make these places counterproductive.
Factors such as lighting, noise and other forms of distractions can ruin productivity. Another element is internet speed. Coworking spaces fill the demand for conducive work areas. Now, the use of a coworking space has become more than just a trend but is now mainstream.
In fact, Sarah King, author of “The Evolution of Work: Employment Law Issues for 21st Century Business”, mentioned in her article that “coworking and flexible working are the new normal”.
This is so much so that even large companies have begun deploying their employees in coworking spaces or have made coworking spaces of their own. These are but some of the giant companies that have made use or have made their own coworking spaces:
- American Express
- Business Insider
One could think that coworking spaces are ideal for freelancers or small business owners. But according to a study by CBRE, 44% of large corporations are making use of flexible open platform office solution.
In 2020, a CBRE Enterprises Survey showed that 65% of enterprises plan to incorporate coworking into their portfolio offering. It’s clear that the use of coworking spaces will become even more prevalent in the coming years.
So, what makes a coworking space so attractive for those that have remote work? And with so many coworking spaces to choose from today, how can you be able to know the ideal ones?
Here are 4 tips for choosing the right coworking space:
Coworking spaces come at a price and the cost for each varies. Regardless, the cost for membership and or rental for a coworking space is still much cheaper than renting an office in a conventional building.
To give you an idea, here are the rates of WeWork:
- Membership fee – $45 per month
- Desk rental – $50 per day + membership
- Unlimited access to shared workspaces – $350 per month
- Dedicated desk – $275 to $600 per month (cost depends on location, demand and other factors)
The cost is one of the major factors, if not the most important factor to consider. Coworking spaces in your area might offer cheaper prices. Your goal is to find a coworking space that is good for your budget but still has all the basic benefits such as a reliable internet speed.
The last thing you would want to do is to be using a huge chunk of your income for your membership and rental. Look for one that works for your budget. A coworking space is not meant to be a burden to you.
Accessibility to the Coworking Space
Coworking spaces are now prevalent all across the world. If you live in a large city, you are sure to find one, a handful or a lot in your area. If you live in rural areas, a coworking space could be a less common sight.
What you would want to look for is an establishment that is accessible for you. Time is the most expensive resource in the world and you wouldn’t want to use a lot of it making your way to an office.
If you have one that’s near you, it could be enough to be the right coworking space.
Check Internet Reliability
The key to being effective at your remote work is a reliable internet connection. According to Deskmag, the average bandwidth of coworking spaces is 157 mbps. The number is even bigger in larger cities.
In North America, the number is 206 mbps. In Europe, it’s 171 mbps. The same study showed that the average number of wifi access points is five or 1.2 per 100 square meters.
While looking for a coworking space with good internet speed shouldn’t be a problem, you might want to look for one with an alternative internet provider in the occasion of an internet outage.
Otherwise, it could be troublesome being in a situation wherein you lose internet connection and you need to finish or submit an important assignment.
One of the most noticeable differences between a traditional office and a coworking space is their design. Coworking spaces make use of innovative developments and designs to ensure coworkers are able to use areas that are conducive for productivity and their working areas are good for their well-being.
To achieve this, coworkers can have access to different types of working areas. A coworking space can have areas where coworkers can work together or work alone in private. This way, different needs of coworkers are met.
The right coworking space should also make use of greenery. A study conducted by the University of Technology (Sydney) found that the introduction of plants in an office can create a significant reduction in stress levels.
Another plus side of using a coworking space is the community. After all, coworking spaces are meant for coworkers. The positive impact this will have on you is that you won’t have to feel lonely.
You can be more motivated, energized and even happier working with a community. This can also be achieved even if you want to work on your own if the coworking space has excellent infrastructure.
These are but 4 major things to look out for when looking for the right coworking space. Some coworking spaces offer more amenities than others. Regardless, the four factors we mentioned here are the essentials that you shouldn’t go without when deciding to go for a coworking space.
We hope you learned more about coworking spaces and looking for the ideal one for you. Look for the right coworking space today. Your experience there can be life-changing.