Coworking Isn’t Just About Real Estate Rental Benefits

Shared office spaces have come a long way since Brad Neuberg coined the term “coworking” in 2005 for his San Francisco establishment. He invited the community to run with the idea, and they did just that. The movement that centered around sharing cheap office space in an open, community setting is redefining the way we work. As an alternative to the expense of moving into your own office space, shared office spaces became a huge hit for startups, entrepreneurs, and small businesses. Soon, large companies took notice of increased productivity, creativity on the rise and the overall sense of work-life balance that coworking spaces offer. As coworking spaces continue to open throughout the globe, take a look at some of the synergistic effects of shared office spaces.

Community connections

As shared office spaces have evolved, small- and medium-sized companies are finding that the diverse array of businesses in their coworking spaces helps them to set down roots in the community. Working alongside other members who can mutually benefit from connecting with the local business community sets the wheels of growth in motion.

Large companies are getting in on the local scene by enticing talent to work in their localized shared office spaces. With a tight job market, employing talent from other regional markets opens up many avenues for large corporations. Remote workers like the structured environment of shared office spaces with the community aspect as well as enjoying the same amenities as a corporate headquarters might have.

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