Coworking has changed the way that people go to work. Instead of building an expensive home office, coworking has brought people out of their homes and into friendly workspaces. Coworking has also freed people from the corporate environment and given them spaces to work independently and affordably. It has also opened up a new world of Coworking Management software.

Even though coworking is a relatively new way to work, it has already proven to be beneficial. These are seven benefits that coworking has brought into the world of work:

1.  Networking opportunities

People who work in coworking spaces have opportunities to network with people in a variety of industries. Anyone can work in a coworking office, and they bring their connections and their experiences with them. You can grow your business with the people around you.

2.  Reduced office expenses

When you use a coworking office, you share the expenses with the other people who use the space. You do not have to buy your own office supplies, like copiers and scanners. You don’t have your own gas and electric bills and you split Wi-Fi costs, too.

3.  Community engagement

Coworking offers opportunities for independent freelancers and entrepreneurs to engage with their communities. Instead of working at home, coworking brings people out into public where they can engage with other freelancers and entrepreneurs. Community engagement helps people grow personally and professionally.

4.  More productivity

It might seem like coworking would have plenty of distractions, but the opposite is true. People who work from home are interrupted by their family members, the television, and chores. When you are coworking, you are at work. Household distractions are long gone, as everyone at the coworking space is there to get work done.

5.  Mentorships

At coworking spaces, professional relationships inevitably happen. In some cases, mentorships develop as young workers connect with veterans who have experiences to share. These natural mentorships are truly beneficial, as they help both parties grow their businesses and their networks. Since coworking spaces are open, all parties can see what people are doing. These learning experiences are often more valuable than forced mentorships in traditional corporate settings.

6.  Flexibility

With coworking spaces, all people who use them have the flexibility to come and go as they please. If you need to work at 2:00 AM on a Saturday, you can. Space is there and if you are paying to use it, you can use it when a business needs to get done. You don’t have to report back to a boss and you can move to large spaces when the need arises.

7.  Real estate innovation

Coworking spaces provide opportunities for local real estate innovation. Empty retail and office spaces can become coworking spaces. As long as there is room for desks and office equipment, spaces can be transformed into unique coworking offices. The best spaces are those that are close to public transportation, exercise facilities, coffee shops, and boutique shopping. People who use coworking spaces often appreciate being able to support other local businesses.


By Chakraborty

Dr Chakrabarty is the Chief Innovation Officer of IntuiComp TeraScience. Earlier she was Assistant Professor of Delhi University, a QS ranked university in India. Before that she has held research positions in IIT Mumbai, IIT Chennai and IISc Bangalore. She holds 2 patents and over 20 research publications in her name which are highly cited. Her area of research is in smart technologies, integrated devices and communications. She also has a penchant for blogging and is an editor of Business Fundas.