If you’re a solo entrepreneur, working from home may seem like the most feasible and cost-effective option. But constant distractions and loneliness make it unideal for some. It’s also not a practical approach if your aim is to grow your business and hire more people.
So what is the best alternative? Traditional office space is too expensive and may require years of commitment. On the other hand, coworking spaces can provide a more affordable and flexible alternative with several crucial benefits.
Here are some of the benefits you can expect by working at a coworking space:
Shared workspace or the concept of coworking was not created out of the blue. Companies have long experimented with shared workspace and measured its impact on workers. Several studies have been conducted to measure its influence on productivity, communication, creativity, and community.
Various experiments with different kinds of communal workspaces existed long before coworking movement started like the Hawthorne experiment as you will see below.