Coworking offices have evolved in the last several years. When we first opened our doors at the LIFT Office in Grapevine, Texas, we had to regularly define coworking and the benefits of shared office space. The most common member was a solopreneur or the owner of a start-up business.
Fast forward three years, and not only is coworking accepted in the marketplace by business professionals, but corporations are also realizing the value of flexible and shared office space.
Corporations regularly use shared offices for their satellite branches and to house their remote employees.
After owning and operating the LIFT Office for three years, six common reasons emerged as to why corporations choose flex/shared coworking office space for their satellite branches over the traditional office options.
Flexes as Business Evolves
One major benefit for a satellite office is the flexibility of a coworking space which can scale up and down as the remote team’s needs change. Whether a branch suddenly needs more facilities to match a peak in demand or to employ more staff to help during busy times, coworking is flexible and can evolve as office needs change.
Coworking and flex office space are typically walk-in-ready. This type of office allows businesses to set up shop, focus on business and grow without having to deal with the issues and expenses of building maintenance, cleaning services, internet, printers, coffee, and other operational needs.
In a head-to-head comparison of shared office vs. traditional office, coworking has proven to be a cost-saving alternative for satellite branches and small teams. Rent is only one factor when choosing a satellite location. Other real expenses include internet, office furniture, maintenance, utilities, janitorial services, and amenities. With all costs considered, a coworking office can be up to 30% more cost-effective.
Increases Professional Image
Shared offices come with everything needed for a productive workday and conference rooms to meet clients and host team meetings. Most meeting rooms come with high-speed internet, whiteboards, and either a Smart TV or projector. Some coworking spaces provide Community Managers to greet members and guests. Overall, a shared office provides a more professional space to meet clients which can improve brand image.
One of the top reasons satellite branches and remote teams open shop in a shared office space is due to isolation when officing from home. Working from a home office has its perks, but let’s face it, it can be lonely and stagnate productivity. Research reveals that people who choose shared office space feel they have more control over their work, that their work is more meaningful, and they value the community element of gathering with their team at a common office.
Creates Network and Business Connections
People tend to do business with people they know. Connections with others are a big reason why some corporations choose shared office space. Coworking offices open doors to share business connections and ideas. Members discover synergy in their business endeavors and choose to hire fellow members for specific projects. There is also the opportunity for professional development, to meet potential clients and recruit future employees in shared office environments.
The beauty of shared offices for satellite branches is it gives remote teams a place to focus and get their best work done. It also provides a professional atmosphere to meet clients and grow their business. The result is men and women who feel more committed to their work and bring their best energy and ideas each day.
About LIFT Office
The LIFT Office is a coworking, flexible workspace and meeting space in the center of DFW in Grapevine, Texas just 3 miles from the DFW Airport. We make it easy for satellite offices and remote teams to work, connect and grow. The LIFT Office is a dynamic community of influencers, entrepreneurs, remote teams, independent professionals, consultants, and freelancers. Learn more at theliftoffice.com