The Top 5 Benefits of Working in a Coworking Space

Ever since COVID-19 hit the United States in March 2020, most organizations across the globe were forced to transition their in-person workforce to remote working. After several months of employees working from home, many have now realized that they miss working from an office environment due to the lack of social interaction, and that all important work-life balance.

As the Head of Community here at Park Hill Coworking and Forty45 Coworking in Denver, I’ve started to see more and more professionals wanting to come back to an office environment so they can get back into their daily routines, and create a separation between their personal and professional lives.

In this blog post, I’m going to take you through some of the top benefits of working out of a coworking space.

1. Increased Productivity

Productivity is a key factor when it comes to successfully performing your day to day duties. Many professionals have found that working from home has had a negative effect on productivity, and returning to an office environment has helped kick start that much needed productivity.

Working from a coworking space greatly helps with productivity as you’re able to focus on work related tasks only, and you’re surrounded by like-minded professionals which helps you go the extra mile each day.

2. Networking

In my opinion, networking is one of the top benefits of working out of a coworking space. When you have an office or hot desk in a shared working space, you’re able to meet new professionals and talk about work related topics. Many of the professionals that work out of the eVelo offices have even started doing business together.

Making connections with professionals from other companies is really beneficial as it allows you to have discussions about similar interests, and provides you with an insight into how others perform their day to day duties.

3. Cost Efficient

One of the most overlooked benefits of working in a coworking space is the associated cost savings. When you think of a traditional office environment, companies typically have to pay for expenses such as:

  • Office Lease
  • Electricity
  • Furniture
  • Internet
  • Snacks and Beverages
  • Insurance
  • Security
  • Maintenance

With a coworking space, you don’t have to pay for any of these expenses, you can simply choose a hot desk or private office that suits your needs, and sign up for a month to month lease. Coworking spaces offer a lot more flexibility than traditional offices do, as you can simply adjust your office needs as your business expands or downsizes, without the big penalties.

4. Increased Well-Being

Increased well-being is very important, especially during COVID-19. In a coworking space you can socialize with other individuals and get that social interaction that you wouldn’t typically get at home. I’ve found that many professionals prefer working from a coworking space as opposed to working from home as it increases their overall well-being and happiness.

The ability to stay focused throughout the day is also another benefit which many professionals have realized while working from a coworking space. Whereas while working from home, it’s easy to get distracted by family members, or at home activities.

Working out of a coworking space allows you to stay focused and stay on top of your workload and daily tasks.

5. Work-Life Balance

Having a solid work-life balance is critical when it comes to your career. When working out of a coworking space, you’re able to easily create a consistent routine and ensure you have a strong work-life balance in place. When you’re working from a coworking space, you can easily get into work mode as soon as you arrive, then when you leave you’re able to easily switch off and get back into your personal life. This type of separation is key to ensure a healthy balance between your work and personal life.

Many professionals that I’ve worked with in our offices have said that coming to work in a coworking space is one of the best things that’s happened to them as it keeps them focused throughout the workday. Whereas at home, many professionals have said that it’s tempting to work late at night during family time.

Conclusion

Over the past few years more businesses than ever before have started to hire a remote workforce, as it gives them the flexibility of hiring professionals that they wouldn’t typically have access to locally. This new paradigm shift has it’s benefits, but working from home isn’t for everyone. Through the use of coworking spaces, you and your business are able to carry on with your day to day operations, regardless of your location or size of business.

To find out more about eVelo’s coworking spaces in the Denver area, click here to see our available spaces. We have two state of the art coworking facilities, one in Park Hill, and the second in Sunnyside.

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