5 Reasons Why Corporations Are Choosing Coworking

Major Companies Are Moving To Coworking Spaces

Coworking spaces are a hip option for freelancers, young creatives, tech startups, and others who want to find a balance between working from home and using office space. Many of those businesses have become successful over the years. Some use it for their amenities, private office spaces, or meeting rooms.

Fast forward to the present, a lot of major corporations are choosing coworking spaces, especially in a high income city like NYC. Nowadays, it's not that hard to find executive suites in NYC or even private office rentals in NYC.

The idea of using coworking spaces for creative collaboration is more attractive than working from a single office.

Here are five reasons why major corporations are turning to this tech-savvy and less expensive option rather than a traditional office setup.

Attractive amenities

The main reason why big corporations are choosing coworking spaces is because of their attractive amenities. They provide you with the immediate ability to upscale your workspaces without setting up on your own. This eliminates the time and expenses it takes to lease office space. You won't have to spend money on office equipment, office furniture, office supplies, and everything else to get your office up and running. It's truly a cost-effective and a very convenient option.

To sump up, coworking spaces include all the amenities of a workspace without taking time away from your everyday operations. It also provides your startup with a professional environment that scales according to your needs as your business grows.

Fact: Did you know that some of the world's biggest tech companies today got their start in coworking spaces? These include Charity: Water, Hootsuite, IndieGoGo, Instagram, Spotify, and Wanderfly, among others.

Instant office appeal

Coworking spaces are attractive for major companies since they allow expansion in a new geographic location or region. It allows you to collaborate with your staff or interview for multiple positions at a new location. This is all made possible with the help of coworking spaces. Since they come with flexible contracts, you can use them as mini boardrooms for brainstorming sessions or semi-private office spaces for recruiting talent.

Semi-private office spaces are the perfect option for when your teams need to go off and collaborate on their own. These tech-savvy virtual offices spaces allow you to make video conference calls with workers or potential business partners around the world.

A community atmosphere

People who work in corporations or enterprises are finding it harder to stay focused while working in traditional office settings. Others tend to isolate themselves, which can be a real issue of concern.

This, of course, leads us to another reason as to why corporations are choosing coworking nowadays. Besides, these spaces allow team members to work together toward the same goals. They not only increase productivity levels, but they can also boost confidence, motivation, and self-esteem. The community atmosphere just brings out the best in everyone.

Save money and time

It's important to save money when you're opening a business in a new location. You can significantly cut costs and the required overhead to acquire and maintain an office by investing in a coworking space in the area. You'll also save time on getting your new office up and running.

Since monthly leases are included in one low payment, you'll save time and money on using accounting services and other expenses associated with day-to-day office management. For example, you won't have to worry about paying for utility bills (water, electricity, internet, etc.) every month. You'll experience less stress this way.

Coworking vibes

You can't find this kind of vibe at corporate headquarters. While you may have the coolest company in town, office spaces don't have the same vibe you can find in most coworking spaces. Besides, this sense of creative innovation and motivation to change the world can't be found in most offices. 

Coworking spaces have a different energy, The place is filled with business professionals turning their passions into lucrative opportunities. You'll feel the creative process flowing as they foster collaboration and ignite their genius ideas. Some of those new ideas could turn into potential projects.

Simply said, corporations are choosing coworking spaces to connect with an even larger community of likeminded individuals. They do more for the community than what your traditional office spaces can in terms of networking. You get to interact with professionals from different fields of industry.