1 August

Coworking and COVID-19: A Pivotal Role in the Transition Back to Work

As businesses and public services begin to open their doors again, many companies have been faced with new health and safety obstacles. While our desire to return to regular business is strong, the reality is that our workplace dynamics may never be the same “regular” again. There seems to be a new norm emerging – one that involves careful consideration for our work teams and communities as we attempt to arrive at the safest and most innovative solutions between pre- and post-pandemic business operations. Coworking spaces are poised to play a pivotal role in this transition back to work.

Navigating the Transition Back to Work

While the world awaits the development of a COVID-19 vaccine, most workspaces will be utilizing at least some form of modified workforce routine. For many, this includes continued distance working and time away from the office. For others, this could mean a return to the traditional workspace but with added safety measures like facemask and continual sanitizing requirements. No matter what the transition back to work looks like to your business circumstances, navigating them is certainly a break from all of our previously familiarized work routines and will bring with it a series of unknown obstacles.

“Tough choices will come up and a leader must be empowered to drive the effort across individual functions and businesses. Permanent change will also require exceptional change-management skills and constant pivots based on how well the effort is working over time,” explains organization consulting group, the McKinsey & Company Organization in their article, ‘Reimagining the Office and Work Life after COVID-19.’

Pivotal Role of Coworking Spaces During the Transition

Over the course of the past few months, one constant has remained true: those who best navigate the continual barrage of change required of them by this pandemic have been best situated to adapt and continue on. Though there has been no one tried and true way for businesses to achieve this transitional success, flexibility and adaptability have proven to be crucial pieces of the puzzle. In other words, those who continually monitor the changes and make adjustments as needed, have shown the best rate of successful navigation.

With so many demands and changes being placed on the global workforce, a large portion of career individuals have found themselves working remotely from their offices. The health and safety risks of regular office space functionality has become too great for many entrepreneurs, leading them to utilize video conferencing and other modern technology that allowed for distance working. For some, this has been a surprisingly successful switch. For others, it has proven to be more difficult than expected. That’s where coworking spaces have come in.

Coworking Spaces Become the Hybrid Choice

Millions of workers around the world have found themselves thrust into combining their home lives with their work lives as they carved out a space at home to continue their careers at a safe distance. In many ways, it’s brought about a major enlightenment that distance working is not only possible, but highly profitable and more productive as employees are afforded greater flexibility with their work/home schedules. It’s also brought with it a realization, however, that for many families, combining work and home isn’t always optimal, let alone possible.

For many reasons – children and family dynamics, dual schedules, available technology, available space – working from home can be more of a challenge than a blessing. Yet, at the same time, returning to a traditional office still carries with it a set of immense health risks that employees simply can’t take. This is why a flexible, hybrid choice like coworking, has been gaining momentum among entrepreneurs everywhere.

Why Coworking Is the Logical Choice for Employers

Coworking spaces have been providing a much needed “happy medium” for many employers and employees by offering simple, flexible solutions to those distance working obstacles. In many cases, coworking offices can give employers a chance to provide their employees with more convenient meeting places, smaller and safer conference rooms, critical technology, as well as a space to work that is primed for optimum productivity. Essentially, coworking spaces are able to provide everything a traditional office space can provide, but in a safer and more convenient location for those who are distance working.

In addition to the more obvious employee benefits, coworking spaces are becoming the logical choice during this transitional phase (and beyond) for a plethora of reasons. Their flexibility ensures they can fill whatever need your business may have – whether it’s simply a virtual office with phone and mail services, or office space memberships or conference and meeting room rentals for needed in-person activities – but that isn’t the only reason they are so appealing. Coworking spaces can offer a longer-term compromise that allows work team members the ability to work at their own pace, as well as providing a financial savings from no longer needing to maintain a single physical brick and mortar space yourself.

Shifting the Traditional Workplace Dynamic

By shifting the workplace dynamic from the more rigid constraints of years past to the more employee-centric post-pandemic business structures we’re experiencing today, many new ideals are emerging. We are seeing the benefits and pitfalls of distance working for a slew of business ventures that would have never considered it in the past, as well as finding immediate ways to adapt and thrive in this hybrid work society that has come to be the new “norm.”

In the midst of this workplace shift, coworking spaces have gone from being trendy and new, to becoming one of the most pivotal resources available to entrepreneurs of all walks of business. Through the wake of this global health crisis, coworking spaces have been providing essential solutions that are not only allowing for a successful transitional period but are now poised to completely change the way we operate business moving forward. Coworking is the new hybrid solution for businesses to emerge from this pandemic with a continually thriving workforce well into the future.

15 February

Event and Meeting Room Rental: The Most Valuable Coworking Asset

Whether you’re a coworking veteran or you’re looking into joining a coworking community in the near future, the benefits of utilizing these communal spaces for your entrepreneurial endeavors are exponential. From decreasing your overhead to increasing your networking opportunities and everything in between, coworking spaces offer a plethora of plusses for businesses and individuals looking to grow their brand. There’s one element, however, that stands out as perhaps the most valuable asset a coworking space can offer: event space and meeting room rental.

The Meeting Room Rental Advantage

If you’ve ever wanted (or needed) to host a group event – be it a business meeting, training session for employees, or even a holiday event – you’ve likely encountered an issue with space. Even if you have access to sufficient square footage for your meeting or event, what kind of image will it leave your attendants with? Does your space convey professionalism and sleek sophistication? Is it equipped with the latest technology and modern conveniences? Is it going to give your clients the best impression of you or let your guests and employees know they are important to you? Is your location convenient to your attendants? Chances are, if you have a space at all, the answers are likely “No.”

Hosting Workshops and Other Networking Opportunities

Coworking spaces are quickly becoming an entrepreneur’s most valuable asset for this very reason. Not only do they offer affordable, professional workspaces, but they also offer amazing spaces for your larger meeting needs as well. Since maintaining an organized and sleek appearance during meetings can make or break your growth potential, it’s not hard to understand how the meeting room and event space rental trend is on the rise today.

These spaces are designed specifically with your business growth in mind. It allows a low-cost way for you to access all of your tech and space needs for client or employee meetings such as interactive whiteboards, reliable Wi-Fi, impressive views and even refreshments as well as a convenient location. Hosting a workshop to invite potential clients or employees to learn new tips or techniques or expand your networking opportunities are all excellent ways to utilize these impressive workspaces to your advantage.

Making the Most of Coworking Spaces and Meeting Room Rentals

Meeting room rentals are generally free for those with memberships to the respective coworking space associated with them, or available at highly reasonable rates for non-members. As a result, they are a popular way for businesses of all walks to host their meetings and events. It’s hard to ignore the cost benefits of a space which comes fully equipped with technology and amenities as well as a conveniently central location for all of your attendees to find.

Other benefits of meeting room rentals include a higher degree of privacy and luxury versus traditional office environments. This allows you to keep potentially sensitive issues more private by discussing them away from your office environment, as well as offering a highly polished area as the backdrop for critical presentations versus dated (and usually costlier) hotel meeting areas. The benefits of these spaces are countless, but one thing is for certain: meeting room rentals and event space rentals are among the most valuable assets of coworking spaces, making it easy to understand why they are so quickly gaining popularity.

1 December

How to Shop for a Coworking Space

If your current office is the corner coffee shop and you’re thinking of ways to improve your workspace without breaking your budget, you’ve likely considered trying a coworking space. You’re not alone. Coworking spaces are on the rise, and for good reason: they are flexible and affordable without compromising the necessities and functionality of a professional workspace. Beyond the practicalities behind them, let’s face it, coworking spaces are a lot more professional to present as your home base than your local barista.

Taking the leap and moving your business into a shared office environment has a multitude of benefits. Since most spaces today offer a wide range of amenities, space availability, and membership options, it’s easy to find a great space for you without breaking the bank. Imagine having access to flexible work hours, essential technology, and impressive spaces for those all-important client meetings and business conferences – without the high cost of a traditional brick-and-mortar lease. That is the appeal of the coworking space movement today.

Shopping for the Right Coworking Space

So, you’re sold on the idea of moving out of your local café and into a more professional workspace; how do you go about shopping for the right space? The best way you can find the perfect solution for your entrepreneurial needs is by taking stock of what those needs actually are. Before you can choose a space that works for you, you should have a good understanding of what it is you need from your space.

Take a look at your daily routines and make note of what items you use most and what items seem to be lacking. This will give you a good idea of the type of amenities you will want from a coworking space as well as help you figure out any potential problem areas. Keep in mind what hours you like to work and the frequency with which you meet with clients to determine the caliber of availability you will need from a communal meeting room or private work area.

Things to Consider

Once you have a good idea of what you need from your space, it’s time to consider any additional criteria that will optimize your work environment. These are things that will determine how well-suited a potential shared workspace is for you, such as its location or how well it fits within your budget. Some of these factors will be much more critical than others, so be sure to rank them accordingly when comparing them to what’s available in your area.

Give it a Try

If you think you’ve located a coworking space that’s perfect for you, but you’re hesitant to make the plunge, explore the membership options available. Many communal workspaces today offer fantastic trial offers and other flexible options that allow members to give things a try without any form of long-term commitment. Utilizing spaces that offer trial periods or month-to-month memberships can eliminate the financial anxiety of larger annual obligations by giving you the chance to walk away from them at any time if you find they don’t work with your needs or your budget.

 

 

15 September

Improved Productivity: Making Your Workspace Work for You

Practically everyone in the working world is familiar with the concept of improved productivity. The phrase is tossed around by employers everywhere and is often considered one of the most coveted assets.

Whether you’re being encouraged by your boss to improve productivity in your work place, or you’re a self-employed entrepreneur looking for a productive boost, workplace productivity has likely entered your vernacular on more than a few occasions. So just how do you go about achieving this boost?

“Workplace productivity isn’t about getting from point A to point B in the fastest amount of time… Your personal workspace is one of the most overlooked factors that affect productivity,” explains Jamie Fertsch, Director and Co-Founder of XDesk, via an interview with BusinessNewsDaily.com.

Improved Productivity Starts in Your Workspace

Increasing your productivity is a much larger picture than simply churning out projects and tasks in shorter time. There are many factors involved in reaching optimal productiveness, and it’s easy to get stressed out trying to keep up if any of these factors are out of whack.

In fact, according to Fertsch, the first step in becoming more productive should lie within the spaces closest to you during working hours: your workspace. By tackling a few simple things within your work area, you can cut stressors and increase productivity simultaneously.

Staying Organized

It may seem like a no-brainer, but the most important step to streamlining your workspace is to stay organized. Keeping files in optimal order with clear labels will help save time and frustration when searching for items later.

Beyond the obvious filing, you’ll want to cut down on any unnecessary items within your space that take up room. A junk drawer or odd knick-knacks that cover your spaces or clutter your drawers can detract from potential workspace optimization. They also serve to add tension and crowd movement and free-thinking by adding stress.

Give Yourself Space

Once you’ve got your space optimally organized and decluttered, make sure you give yourself space as well. Sometimes when working, our minds can become too overloaded to efficiently finish a task or train of thought.

Fertsch recommends that you allow for ample break times and changes of pace. If you feel you’ve reached a wall, get up and take a breather. Go for a quick walk, spend 5 minutes outside or chatting with a coworker to reset your mind and then come back to your task to try again.

“Productivity is not directly correlated with time spent on a task… it’s important to make sure that you’re recalibrating and refueling every once and a while,” Fertsch explains.

Give Your Tech Items a Space

One of the greatest detractors of productivity is our beloved tech gadgets. The ping of a new email or ring of a new text message is often too powerful to ignore. While we understand there are times when we truly need to have up-to-the-minute notifications for things, let’s be honest, most times those items can stand to wait until we’re ready to answer them.

Designating a space in your work area to keep tech gadgets stored until you’re ready to check them can help increase productivity big time. Make sure the volume is off and place phones, tablets, smart watches, etc. in an area that’s out of view to keep you on track without unnecessary distractions.

Consider a New Workspace

Sometimes the best thing you can do for your productivity is a change of scenery. Coworking spaces offer a great way to maximize your space and get the most out of your work day. How?

Since coworking spaces offer a community setting with professionals from all walks of business, you’re essentially giving yourself a never-ending supply of networking and communication opportunities to bounce ideas off of during those productivity slumps.

Another bonus? Most coworking spaces offer a level of flexibility not seen by traditional workspaces, making it easy to come and go as you need in order to maximize that productivity!

 

1 September

The World’s Most Unique Coworking Spaces

When it comes to work spaces, most people think of the same basic essentials: desks, connectivity, technology, and room for meetings. While these things are certainly the core of any working space, many creators are taking inventiveness to a whole new level with some of the most unique coworking spaces around the world.

In case you’re unfamiliar with the term, coworking is one of the latest trends in the entrepreneurial world. By allowing individuals and small businesses of all kinds to co-work in a single space, these community work areas are gaining momentum all over the globe. The reason? They allow for an affordable and professional work space and an invaluable set of coworking mentors and essential networking.

That said, here are some of the world’s most unique coworking spaces that take this experience to a whole new level:

The Hub – Chiang Mai, Thailand

While you think of the basic essentials for a work space, there is nothing basic about The Hub coworking space in Chiang Mai, Thailand. Made entirely of repurposed shipping containers, The Hub has one of the most unique designs of any space around the world.

With out-of-the-box thinking and architectural design, The Hub is truly a unique working space atmosphere that is said to inspire creativity and productivity. The shipping containers allow for a resourceful use of existing elements, giving a green element to the coworking experience.

Village Underground – Lisbon, Portugal

Similar to The Hub, Village Underground in Lisbon, Portugal makes use of recycled shipping containers for coworking spaces. The repurposed containers give ample office spaces that are shared by creative entrepreneurs of all walks of life, but they aren’t the most unique aspect of this space.

In addition to the unusual office space design, Village Underground boasts even more architectural creativity. The space includes attached double-decker buses that have been transformed into an on-site café and restaurant as well as a recording studio for its audio artists.

Naplab – Bangkok, Thailand

If you’re the type who just needs a quiet space to work, then Naplab coworking spaces in Bangkok, Thailand may be perfect for you. Known for its quiet spaces, Naplab caters to entrepreneurs who need some serious focus time.

As the name suggests, this coworking spot includes a second level designated solely for – you guessed it – nap time. Yes, this space has individual bunks and pods where its members can retreat for a nap to recharge their minds on-site.

Dojo – Bali, Indonesia

If it’s a retreat you’re looking for, then you can’t go wrong with Dojo – the tropical coworking experience in Bangkok, Thailand. It’s most unique feature? Take your pick between the open-air conference areas, private poolside nooks or the mere one-minute walk to world famous Echo Beach.

In addition to the resort-like atmosphere for working spaces, Dojo also offers extended stay options. Yes, they have rooms you can rent for an overnight stay, making it a great place to plan a company retreat.

Coboat – Providence Mahe, Seychelles

Want to shuck the whole concept of an office in general? Coboat in Providence Mahe, Seychelles will definitely get you there! The concept? Coworkers can book their stay on the Coboat, sharing working space on an enormous catamaran as it sails around the globe.

All of the essential working space necessities are included (high-speed internet, tech gadgets, etc.), as well as ever-changing high-seas views. The concept allows coworkers to stay connected while simultaneously embarking on coastal adventures and truly fresh air thinking as they detach themselves from the mainland for weeks at a time.

15 August

Coworking Spaces: So Much More Than a Rental (and Other Myths Debunked)

If you’ve ever considered trying out a coworking space for your business, you’ve likely heard several “myths” surrounding them. There seems to be a lot of misconceptions and confusion out there in regard to shared spaces, but the truth is, most offer invaluable benefits when compared to traditional spaces. To better understand what coworking spaces are (and if they’re right for you), it helps to know what they aren’t. Here is a look at some of the most common coworking myths and why they are debunked:

Myth #1: Coworking Spaces Are Only for Millennials and Freelancers

Since coworking spaces are a relatively new (but rapidly expanding) concept, it’s easy to understand how some may be confused as to what they are and who they are for. Somewhere along the way, coworking spaces have gained a reputation for catering only to those who are freshly entering the working world or only in specific areas of interest.

The truth is, coworking spaces are offered across the globe in record numbers and cater to all individuals and businesses. In fact, most spaces pride themselves on incorporating a highly diverse group of professionals in their spaces. Keeping a workplace community with individuals in all stages and areas of business offers members an unparalleled set of resources in the same space.

Myth #2: You Must be a Social Butterfly to be a Member

While it’s true that coworking spaces provide fantastic social and networking opportunities on a daily basis, you don’t need to worry about privacy or space to work on your own. Since most spaces offer private office spaces, cubes, or designated quiet areas, there’s always somewhere for those who wish to have a more solo experience as well.

Myth #3: You’re Limited to Access the Things You Need

Many people assume that a coworking space will limit their accessibility to things they need. This, however, couldn’t be further from the truth.

With coworking spaces, you’re free to come and go as you please – meaning, you create your own hours. As you continue your coworking membership and get to know others in your shared spaces, you will begin to mesh out a schedule that works best for you and doesn’t interfere with anyone else in the space.

Myth #4: You Must Sign a Long-Term Contract or Lease

Another myth is that coworking spaces run like rental properties and leases, requiring you to sign a designated contract ensuring you’ll stay for a specified length of time. Since this can be quite a detraction for those who need flexibility, many swear off coworking spaces before they even get inside the door of one to check it out.

The truth? While there are likely some spaces that operate that way, most coworking communities are designed specifically to help those with flexibility needs. Meaning, the majority of shared spaces offer many different tiers of membership options that allow you to utilize the space only as you need it. In other words, most offer simple pay-as-you-go options that require no long-term contracts.

While all spaces operate under their own policies and procedures, you’ll never know if they’re right for you unless you chuck the myths and check them out on your own. Ask someone who participates in coworking spaces or take a visit of a nearby shared community – those are the best ways to debunk the myths and find what works for you.

 

1 August

Keeping Start-Up Costs at a Minimum: Tips for New Business Owners

When you’re contemplating a start-up, few things are as vital as budget and costs. In fact, often times a budget can either make or break a decision to begin your venture – but it shouldn’t. If you find yourself fretting over your start-up bottom line, rest assured, there are ways to keep your costs under control.

Keeping Start-Up Costs in Check

Chances are, if you’re looking at budgets and start-up costs, you’ve already done your fair share of research on what to expect. You’ve also likely heard that you need to have a solid plan in place in order to give your venture a clear shot at success. So, what does that mean exactly?

For starters, yes, you need to create a budget that takes as many factors into consideration as possible – but that’s not all. When it comes time to putting your budget and plan in motion, there are ways to be smart about your spending that will help you keep your costs in check.

Buy Smart

It may seem like a no-brainer, but before you go writing checks for your start-up needs, make sure you shop around. Just like you would take advantage of holiday sales or special discounts for everything else in your personal life, you need to do the same with your business.

Research area businesses that may be having a close-out sale, or maybe a going-out-of-business sale can help you score some quality used pieces on a budget-friendly purchase. It’s always good to check tag sales and estate sales or auctions for items you may need as well. Remember to keep things in check by ensuring you’re truly buying what you need, and not just what is convenient or something that lured you in for “extras” you could really do without right away.

Start Simply

In the beginning, you’ll likely have a difficult time keeping up with the expenses of bringing on a full-time (or even part-time) staff. One way to help off-set this expense is by avoiding it altogether. How? Try subcontracting work out on an as-needed basis.

There are plenty of sites and sources for employees looking to work on a contract-only basis, meaning you simply pay for what you need without all the overhead for insurance premiums and salaries. As time goes on and you get more established, you can look to add more permanent staff members later.

Alternative Spaces

Being budget conscious about your start-up equipment and staff needs are a large part of the puzzle, but there’s another one you need to focus on as well: your business space. Starting your own business doesn’t mean you need to go out shopping for primo store fronts or the typical brick-and-mortar buildings.

There is a plethora of options out there for those just starting out in their business ventures today (and even for those well-established ones who are looking for a more budget-friendly avenue). Many choose to carve out a space in their residence to help cut costs that way, but there’s a third option to consider as well: coworking spaces.

Coworking spaces can be a great way to keep your start-up costs in check because they offer a fantastic business setting without the fantastic pricing. Essentially, you share a communal office area that comes complete with all your basic needs (so you’ll cut down on equipment expense as well) and offers a professional atmosphere to present to clients.

Overall, there are a number of ways you can stay under budget on your start-up, you just need to be smart and resourceful about it. Do your research, stick to what you need, and explore options that give you the most bang for your buck.

15 July

Conference Room for Rent? Wowing Clients with Professional Spaces

As the coworking movement continues to trend, entrepreneurs are beginning to see more and more of the advantageous benefits of their memberships. Among them is the ability to wow prospective clients with amazing professional spaces on a budget. Some of the greatest advantages to coworking spaces and conference room rentals is the minimal overhead and maximum utilization.

Professional Space Memberships and Rentals

If you’re unfamiliar with the coworking trend, it’s essentially a shared office space which allows freelancers and entrepreneurs alike to work alongside others in a professional setting with minimal costs. It’s catching on quickly, in large part because it allows business professionals to work in some amazing (and fully equipped) spaces with very little overhead expense.

With several options available today, memberships range from full-usage, unlimited access, to conference room rentals for specific meetings. These spaces are designed specifically to meet the needs of any business professional while allowing for budget-friendly flexibility and accessibility.

What Conference Room Rentals Offer

There are a number of reasons you may find the need for a larger meeting space. Annual budget meetings, conferences, or even just to impress a specific client – whatever your need, conference room rentals might be a great option.

Many people think of these areas as hotel meeting rooms with closed off panels and outdated décor. It’s difficult to make a good impression with outdated surroundings weighing in on the meeting. That’s where the coworking movement and conference room rentals come in. Today, there are several options available for coworking spaces and conference room rentals in much more elaborate (and fully equipped) settings.

The Benefits of Conference Room Rentals

Whatever your reason for considering a conference room rental, there are numerous benefits to the rented space options. If you’re considering a conference room or meeting room rental, here is a look at some of the greatest benefits to keep in mind:

1 – The Wow Factor

Perhaps you don’t have the space in your existing office environment to accommodate a larger meeting, or maybe you just want something with an impressive view. No matter what your reasoning, renting conference rooms can offer you the chance to truly impress potential clients with functional and updated areas. Particularly, if you’re conducting business out of a small home office, professional conference spaces can supply you with a much more professional atmosphere for meetings.

2 – Fully Equipped

It’s difficult to host a meeting if you’re lacking specific technology and equipment. Depending upon your current office situation, it may be quite costly to purchase items such as multiple phone lines, projection screens, interactive whiteboards and other tech needs. Renting conference rooms offers all of the technology you will need to hold a successful meeting without the ridiculous overhead expense.

3 – Convenience and Budget-Friendly

If you’re a budget-conscious entrepreneur (and let’s face it, we all are), coworking spaces and conference room rentals are a fantastic way to stay in the black. By keeping costs to a minimum and offering flexibility of usage, these shared spaces are a great way to conveniently take care of some of the basics of your business needs.