The demand for coworking spaces has increased immensely in the past few years. One of the reasons for this is its uncountable features and benefits. Coworking spaces are the first choice for people who love to work and network simultaneously. More and more people are choosing to work in coworking spaces. Due to this, the demand for coworking spaces is increasing rapidly. If you are also looking for a coworking space for yourself or your team. You may be facing some challenges.
Choosing the right coworking space is important but challenging at the same time. Finding a coworking space with all the features you want requires a lot of effort. Not every coworking space meets your needs and requirements. So, it ultimately becomes challenging to find the best one for your business.
Choosing a coworking space in 2022 could be a hectic process. But today, we will make the process much easier. We have tried to cover each possible aspect that could help you find the best coworking space. We have mentioned the most important factors you should consider when choosing a coworking space for your business.
Continue reading to learn How to Choose the Right Coworking Space.
How to Choose the Right Coworking Space: 11 Factors To Consider
Here are 11 important factors to consider while looking for a coworking space in 2022.
1. Type of Shared Office
First, you need to decide the type of shared office you need for your business. You will find three types of coworking spaces: Hot Desks, Dedicated Desks, and Private Offices. All three spaces have some significant differences. Hot desks are often first-come, first-serve. For instance, you can sit at any desk you want, if it isn’t occupied. If it is occupied, then you have to sit on any other vacant desk. Your desk won’t be fixed. Hot desks are the best option if you don’t want to sit at the same desk daily.
On the other hand, a dedicated or fixed desk ensures that you sit on a particular desk every time you come. You don’t get choices, like hot desks. For instance, if the second desk is reserved for you in a line of ten desks. You can only sit at the second desk then. In the end, a private office ensures that you get a dedicated cabin to work in. You won’t be sharing the cabin with anyone. Besides, you will also have ample storage, including a personal cabinet, to store your stuff.
2. Location
After choosing the right type of coworking office, you need to pick the right location. It is one of the most important factors because it determines how accessible it will be for you or your team to get there. We recommend finding a space in the city’s center to ensure it is accessible for employees and clients.
It opens a lot of networking opportunities when you rent a coworking office space in the main hub of your city. It will also leave a good impression on your clients. You should also ensure that the workspace is surrounded by plenty of restaurants, ATMs, malls, etc.
Bangalore is one of the most popular cities to open an office in 2022. You will find coworking spaces in all popular areas of Bangalore, such as Whitefield, Indiranagar, HSR Layout, and more. 315 Work Avenue also has many coworking spaces in the mentioned locations with all kinds of facilities, from parking to ATMs. All the mentioned locations are perfect for renting a coworking space as they are surrounded by ATMs, Malls, Food Courts, and more.
3. Amenities
One of the most highlighting features of any coworking space is its amenities. Amenities make a coworking space more comfortable and enjoyable to work in. You get these with your membership plan or day pass. Some of the most popular amenities in coworking spaces are:
- Free Wi-Fi
- Printers
- Conference Rooms
- Kitchen
- Coffee/Tea
For instance, 315 Work Avenue offers all amenities, such as Unlimited Beverage, Mail & Packaging, Meeting Room, Reprographics, Power Backup, Server Hosting, and much more.
4. Budget
After considering the above-mentioned factors,, the next important factor you should consider is the budget. You need to determine the amount you can invest in renting a coworking space. We will always suggest specifying a budget for this. Once that’s done, start searching for the type of coworking space you need in your desired location. This way, you can find the best coworking space in your preferred location and budget.
Most importantly, you would never want to see your monthly rent becoming a liability. So, it is always better to set a budget before starting hunting for a coworking office. If your budget is relatively low, then you have to sacrifice a few things, mostly some amenities. The coworking space model works on a per-seat basis. The number of seats you occupy determines your rent. You can compare the rent with your budget and check if it is a great deal for you.
5. Work Atmosphere
Work Atmosphere is one of the most important elements determining a coworking space’s quality. You need to find a coworking space with a good vibe and an aesthetic interior. The pleasant vibe is all you need to concentrate on and be productive and creative at work.
Another most valuable aspect of coworking is the shared communal vibe. If you get a good vibe from the workspace and, most importantly, people. You are good to go. Always find a spot where you can sit on the couch for hours and still be productive. We always recommend choosing an environment where you get creative ideas. It should have a pleasing environment so that you don’t lose your temper even in a challenging situation. If you find it all in one place, that’s the perfect work atmosphere you need.
6. Privacy
When considering a coworking space, it’s also important to check the amount of privacy you get. There are commonly three kinds of spaces: Hot Desks, Dedicated Desks, and Private Offices. If you choose a hot or dedicated desk, you will find several people working around you and sometimes talking too. But, if you rent a private coworking space, you get an individual cabin and enough storage. When we talk about private coworking spaces, you get full privacy there. No one can access your cabin without your permission. Moreover, some companies also offer a cabinet to store all your files, documents, and other stuff.
7. 24×7 Access
You can’t say anything about your productive hours. You are most productive at work, sometimes in the daylight and sometimes in the dark. Thus, choosing a coworking space that offers flexible working hours is always better. Choosing a 24×7 accessible coworking space can increase the cost. But won’t hinder your or your employees’ productivity by putting time restrictions.
8. Security
Security is critical, especially if you choose a 24×7 accessible coworking office space. Their security becomes your responsibility if you plan to shift with your entire team. You and your team will likely carry laptops, important documents, etc., in the coworking space. So, you don’t need to worry about your belongings, even if you aren’t there. Hence, it becomes important to choose a coworking space with better security. You can converse with the coworking space manager about the security measures. You should make sure the workspace is CCTV-enabled for extra security. Additionally, locks are available for your workspace. You shouldn’t compromise with security to save a few bucks.
9. Regular Community events
Community events are one of the best ways to connect with more people and exchange thoughts and knowledge. You might not consider it if you’re just looking for a coworking space to work and then leave. But for some, it is a critical factor. Connecting and networking with more people is one of the primary goals of coworking spaces. Coworking spaces regularly organize events and bring in influential people. Generally, coworking spaces invite Angel Investors, CEOs, motivational speakers, etc.
Community events are a great way to communicate and network with more people. You should always choose a coworking space that organizes events regularly. It will play a significant role in your and your employees’ growth. At 315 Work Avenue Coworking Spaces, we arrange different events to improve employees’ productivity and collaboration.
10. Scalable
Another thing you need to make sure that the selected coworking space is scalable and flexible as per your business goals and plans. You would indeed have some great plans for your business. Eventually, you will expand in terms of both team size and location. While choosing a coworking space, you must ensure that it is scalable as your business grows. It is flexible as your business plans and requirements grow or change.
You need to assume a few things here. For instance, if your current team size increases from 10 to 30 in the future. You need to ask yourself whether the coworking space would be perfect if your team size even grows to 100. If yes, then you are right on the track. If not, you should look for another option.
11. Cafeteria and Food facility
A cafeteria in coworking offices is necessary these days. You never know when you need a short break or a coffee to refresh your mind. You also never know when you start feeling hungry and crave some delicious food to end that hunger. So, choosing a coworking space with a hygienic kitchen and food becomes essential. In that case, a cafeteria will always be there. In that case, a cafeteria will always be there.
Besides this, you should also consider a few more important things. For instance, the coworking space should have the adequate availability of purified water, microwave machines, and coffee or tea vending machines. It should also have some crockeries in the kitchen, such as mugs, cups, glasses, spoons, etc.
Final Words
These are the most important factors to consider when choosing a coworking space. We know how difficult it is to choose the right coworking space for you or yourself according to your needs. We need to consider different factors, from amenities to the budget. We made the process a bit smoother by mentioning all the important factors. These are the most important factors you should consider while looking for a coworking space. Searching for a coworking space while keeping these things in mind will get you your dream coworking space catering to your needs.