With the advent of laptops and increasingly accessible and fast internet connections, working at home is a huge success. Many digital nomads take advantage of their freedom to change offices regularly. Some of these entrepreneurs choose coworking, the benefits of which are more numerous than one might think. This article will elaborate on coworking and office sharing experiences and their advantages.

Coworking saves money

Sharing offices often happens for economic reasons. Office rent can cost a lot of money per square metre, especially in big cities. Adding a few more workstations to the premises will allow you to optimize the work space, thus reducing the cost.

Similarly, there are many ways to diminish other fixed and variable costs associated with business management. These include the consumables related to the basic management of the company (coffee, electricity, internet, printer, maintenance expenses, etc.).

A group meeting room, with a reservation system, also allows you to fully exploit the space that you are renting.

Why not also consider sharing software licences? Creating an additional account is better than subscribing to a new full subscription.

If your businesses are successful and the coworking goes well, you can consider renting bigger spaces for your growing companies. It will enable you to increase the standard of your office without costing too much.

 

Say goodbye to loneliness

One of the main problems of entrepreneurship is loneliness. Therefore, another main advantage of coworking is the possibility to meet people.

By “crashing” into offices that are not your own, you can meet other people and no longer work alone. These meetings can often also generate additional business for you or your host. Coworking with people in a field of activity close to or complementary to your practice is a smart move. You can respond together to requests from customers or simply seek help from those around you.

 

Shoot for your business’ growth

If you trust and get along with your coworkers, try to organise regular meetings. For example, you can have breakfast together on Friday mornings and talk about what happened during the week. These meetings would allow you to discuss problems and think up solutions, like a team. This is a great way to come up with fresh ideas that you maybe would have never thought of alone.

Incubators are particularly suited to this practice and are the ideal place to find coworkers.

 

Prerequisites for problem-free coworking

For coworking to work, you have to get along with the other parties. This is why a lot of people choose to cowork with friends. However, strangers can also make for perfect coworking partners.

For instance, open spaces are places where everyone can work together as long as they follow the rules. The aim is to create an atmosphere of mutual respect and understanding. These rules should include noise restrictions and security measures. You can also create a contract to make sure that everyone abides by the rules you define.

If you can find the right coworkers and working environment, your business will evolve in a dynamic space. This is less socially taxing and more beneficial in terms of money and growth than working at home. Ultimately, the key is to follow the rules and get along with each other for a smooth coworking experience.

Turbine Team

Turbine Team

The Turbine is a co-working space, start-up incubator and accelerator based in Mauritius.
Turbine Team

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