People have more options than ever before when choosing a location for their company in today’s office renting market. Along with additional options, companies of all sizes are becoming more aware of alternate methods to use office space. Even giant corporations, such as Alphabet and Amazon, are shifting part of their operations away from conventional leased facilities to coworking spaces.
With coworking spaces becoming more popular and challenging conventional office ideas, choosing the right option for your business can be difficult.
If you are still unsure which one to choose, don’t fret! Here’s everything you need to know to help you decide which office type is the right choice for you. In this article, we will cover:
- • The difference between coworking space and traditional offices
- • Things to consider before choosing your office space
- • Working with Creative Zone
The difference between coworking space and traditional offices
Contrary to popular belief, coworking is not just a shared office space complete with ping pong tables, bean bag seats, and an endless supply of snacks. Instead, it has evolved into a dedicated desk in a shared workspace or a private serviced office inside a shared workspace. The areas come furnished with comfy furniture, communal equipment such as printers and Wi-Fi, and even complimentary coffee to foster cooperation and communication.
Traditional office spaces can act as your company’s headquarters. They have specialized meeting spaces for group gatherings, and you retain total control of your equipment and other resources. However, when you lease or rent a conventional office, you are often required to commit to a minimum of three years or more. Additionally, you are responsible for designing and outfitting the offices, which is an added cost.
Things to consider before choosing your office space
If your company is small or you work alone, you may find coworking spaces more advantageous. On the other hand, if your company has a larger workforce or regularly interacts with customers, choosing a traditional office space may be the better option. Whatever size you are, you may want to consider the following factors before choosing your office space.
Atmosphere and productivity
Working in a shared office environment enables more flexible and less structured work, boosting performance. These places are often quirky, bright, and colorful, with motivational quotes to stimulate productivity. Compared to traditional workplaces, coworking spaces tend to have a more relaxed environment, making you feel less pressured or stressed.
Many coworking workspaces are in some of the city’s most desired locations, such as the creative and business districts. Historically, these are places where it has been very difficult for individuals or small enterprises to afford an office. Thanks to coworking spaces, this is no longer a barrier.
Networking and social interaction
Another benefit of working in a shared, flexible workplace is the seemingly infinite networking possibilities. Working with new people every day can help you make new business contacts and connections in your field. This can help you build a strong network of contacts that could help your business grow. Due to the shared nature of coworking spaces, they foster social interaction and open communication. This can help you find business opportunities in ways you previously thought were not possible.
Compared to coworking space, a typical office environment may lack diverse networking possibilities and social contact. As a result, you may lose out on some attractive commercial prospects.
Working with like-minded individuals and firms provides a wealth of expertise and ideas for your next major business initiative. Changing your work surroundings is a fantastic way to recharge your mind, and brainstorming with others may help enhance your creativity.
Though flexible workplaces provide an excellent opportunity for creativity, they may also bring additional distractions. You cannot control the surroundings or what others do, which might be problematic when your team focuses.
Bring structure to your day
A workday at home might pass in a haze, with no structure and no commute to separate personal and professional obligations. Consequently, this schedule may result in you working far beyond regular working hours and ending up checking emails from bed or poring over project plans before your morning coffee.
Coworking spaces provide some structure to your day by offering a location to report to in the morning and depart after your job is over. Regardless of how you choose to begin each day, you will discover that this pattern helps avoid the uninvited infiltration of professional life into personal time.
Flexibility and cost-effectiveness
Whether you are a freelancer in need of a drop-in space or an established team needing a private office, coworking solutions allow you to pay for just the area you use. Additionally, flexible leases will enable you to expand at your own pace, without the pressure or rigidity of long-term standard leases. This flexibility is critical for growing businesses.
Further, built-in facilities such as a front desk and cleaning staff, printing services, internet access, and kitchen and bathroom amenities remove the regular overhead expenses involved with creating your own office space.
No miscellaneous expenses
Keeping workplace equipment such as printers and coffee machines in good working order may be time-consuming and expensive. Additionally, you will manage and pay for cleaning charges, internet, energy, and office maintenance.
Unlike traditional workplaces, there are no hidden charges for hiring a coworking space. Since companies will pay a single monthly fee, this fee will cover all expenses, from maintenance to office equipment.
Working with Creative Zone
If you’re looking to find the office space that’s right for your business, Creative Zone’s Business Hub provides a state-of-the-art coworking and meeting facility in Downtown Dubai.
We know that starting a company may be difficult, which is why we provide you with a discounted office space you can use to work, organize events, and have business meetings. Our unrivaled personalized customer support, including a wide range of concierge services, will help you manage your operations successfully.
Creative Zone is the oldest and most trusted company setup expert in the United Arab Emirates. Since our establishment in 2010, we have helped over 44,000 entrepreneurs start and grow their businesses. We specialize in offering prompt, reliable, hassle-free, and professional support to help you start a business.
Getting your business set up in Dubai is just the beginning. In addition, we provide a wide range of services, including tax preparation, legal advice, and human resources management.
The advantages do not stop there, either. Through our networking tool, CZ Connect, every Creative Zone client has access to a vibrant community of like-minded business owners. This allows you to meet, network, and build important relationships with the larger business community in your area.
Take advantage of our free consultations today to get unbiased advice on starting a business in the UAE. Our goal is to help you find the best fit for your needs.