Co-working spaces are the newest trend among small business owners and entrepreneurs. These spaces give professionals the ability to go somewhere besides their home to get work done and often include other amenities such as audio/video equipment, office equipment, meeting spaces, reserved desks, internet access, and sometimes an office kitchen area. While this may seem like a great arrangement, it is important to consider all aspects before deciding on co-working space for your small business.
Some small business owners and entrepreneurs find it very difficult to work from home – in many cases things such as television, pets, and children can be very distracting. Although working from home, or in a local coffee shop or library, is usually free of charge, these spaces often do not lend themselves to being very productive environments. While co-working spaces do have an expense attached to them, they are often have a much more professional atmosphere, which many people find more productive.
It is important to remember that co-working spaces often do not have private offices for each person renting in the space. In most cases, there will be desks arranged throughout one larger room with other smaller, private spaces available such as meeting rooms or boardrooms. Make sure to keep this in mind when considering a co-working space – while the environment will be more professional than your living room, you will likely not get the same kind of privacy as a traditional office space.