The basics of a coworking space

Friday, April 20th, 2012 By

Coworking

Coworking spaces bring together individuals that may otherwise be working on their own. Image: Flickr / khawkins / CC-BY

So you are a small business owner or freelancer, and working from home is no longer working? Coworking spaces are a trend gaining popularity that can offer lower costs than renting your own office, with many of the same benefits.

The range of coworking spaces

Coworking spaces, at their most basic level, are spaces where several individuals work together. Artist coworking spaces are the most popular example, but coworking spaces can be created for just about any type of work. Some coworking spaces are the equivalent of meetups, a semi-regular get-together in a predetermined location. Other coworking spaces are full offices, complete with coffee makers and staplers.

The costs of coworking

How much a coworking space may cost is dependent on what type of space it may be. Monthly meetups or semi-regular hangouts at a coffee shop or some kind of space could come with a nominal fee, such as a cup of coffee or a few dollars. Full coworking spaces, on the other hand, could have fees between $100 and $500 per month. In other words, the costs of coworking can vary as widely as the types of coworking spaces.

What to look for in coworking

Finding a great coworking space that fits your needs starts with knowing what those needs might be. Sit down and make a list of what would help you be better in completing your work. This could be a space that has total silence, or it could be a space that is always blasting heavy metal. Coworking is also about working with other people, so know if you would prefer to be around other people doing similar work, or if you thrive in an environment where there are all kinds of different people working together.

[No credit check loans should not be used just to pay for a working space; coworking can help reduce that cost.]

No matter what kind of coworking space you are looking for, there are a few things you want to make sure exist. A speedy internet connection that you can easily connect to is important. Flexibility is important; one of the benefits of coworking is that you are not locked into a space that you might not be able to afford otherwise.

Treat yourself to community

For small business owners, entrepreneurs and other work-at-home types, loneliness and isolation is one of the biggest complaints. Visiting a coworking space at least every once in a while can help alleviate this loneliness and isolation. Even if your business does not require you to go out and about, it can be worth taking some paperwork or small projects to work on with others.

Sources

WiseBread
BusinessWeek
GigaOm

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