In 2019, the number of coworking spaces reached 17,000 across the globe and progressed to 20,000 in 2020. The statistics are seen to grow more rapidly and double by 2024 predicting a number of 40,000. Although coworking spaces make up only 5 percent of commercial real estate, they are actually the fastest-growing type of office space.
As coworking spaces continue to grow, what exactly does it mean? In this article, we will cover the things you need to know about coworking spaces. From its term, prospects, and considerations.
GP WorkSpace is a sister company of Global Presence Marketing, a business and marketing agency that launched in 2007, which provides on-demand coworking desks, private offices, virtual business addresses, and services for entrepreneurs, executives, and creatives. These spaces come with exceptional amenities to increase productivity, boost creativity, and overall have a positive impact on work performance.
The monthly virtual office services provide a business address for your organization. You can use this as information to send and receive packages and notifications. This also comes with a one-paged website with 10 company email addresses, a company phone number with a live receptionist, and fax numbers converted to email. Get all these services starting at $59.99 per month.
While access to a shared space can be availed at per hour rate, half-day, or full-day. Simply bring your laptop, pick a seat, and get working. These spaces are equipped with modern furniture, hi-speed internet, a 44-inch SMART television, smart lock entry, and more extraordinary features and amenities. A shared space starts at $10 per hour.
And if you are tired of bringing your laptop to the coworking space every day, GP WorkSpace offers Dedicated Desks, a monthly service wherein individuals can set up their work essentials on the same day for only $300 a month. A private and personal team office can also accommodate up to 10 people for only $15 per hour.
What is a coworking space?
The concept of coworking spaces is when individuals from different companies and businesses gather together to work on different projects. It offers office-like amenities and services but the major difference is the flexibility it offers. In a coworking space, you are not bound by excessive rental costs and long-term agreements.
The usual amenities seen on most coworking spaces are high-speed internet, printing services, private and shared spaces, or free coffee or tea. While exceptional coworking spaces may even offer flat-screen televisions, built-in desktops and laptops, 3D printers, and a gym area.
Who uses coworking spaces?
Coworking spaces are prominent for freelancers and startup business owners. Sometimes, non-governmental organizations use coworking spaces too.
Freelancers are self-employed people who work for a bunch of different clients. They offer services that are usually done in a project-based environment. Freelancers can go from content writing, graphic designing, programming, or even customer service.
In coworking spaces, it is very usual to meet people in the same industry of freelancing. Although you do not work for the same client or company, it is inevitable that you can help one another out. You can use this opportunity to build relationships, talk about business goals, and might as well refer clients.
Startup businesses and small businesses flock to coworking spaces to prevent getting caught up inexpensive office space rentals and long-term agreements. Since coworking spaces provide all the amenities they need with no bounded contracts, they usually set and develop their work here.
Things to consider when opting for coworking spaces
Of course, there are things to consider when choosing a coworking space. Since coworking spaces are growing in the field of real estate businesses, the competition is tough. Here are things you should consider when selecting a coworking space:
The first thing that you should consider when choosing a coworking space is the location. Try looking for the ideal location that is close to your home, restaurants, bookstores, gym, and hospitals. Coworking spaces should bring convenience to you and not the other way around. As much as possible, the establishment should be accessible within walking distance.
Coworking spaces offer short-term or long-term stays but still, you need to make sure if their rates fit your budget. Coworking spaces should help you and not make you go broke.
Assess what working environment you want. Do you want to work alone? Choose a private space. But if you want to mingle with other people, you can select a shared space. Moreover, if there are legal technicalities in running your business, it is better to work without exposing these to other individuals.
As mentioned above, coworking spaces are office-like based. The amenities should match what you typically see in the day-to-day operations of an office. These little things provide an additional boost to a worker’s productivity.
Should you try coworking spaces?
There is nothing to lose to try a coworking space. Check the nearest space near your location, sign up for one slot, try to start and finish your work, feel the place, then leave. And when you like it, come back!
People who go to coworking spaces are bound to do tasks so do not feel socially pressured. No one is going to bother you. But if you are open to socializing, you can make small talk and who knows where it will go! It might lead to future business opportunities.
GP WorkSpace offers coworking spaces on an hourly and monthly basis. For more information and inquiries about their services, you may visit their website or contact them through (754) 354-5861. You can also send a message on their contact form. GP Workspace operates from Monday to Sunday from 9 AM to 9 PM at 10031 Pines Blvd #220, Pembroke Pines, FL 33024.