In 2005, software engineer Brad Newman came up with a plan that would give him all the best bits of working for himself, without the isolation that came from working by himself. He opened a shared space in San Francisco, and coworking was born.
Fast-forward to 2020 and coworking has become the norm for freelancers, small businesses and the self-employed. Companies and individuals around the world are seeing the benefits of coworking, so we’ve taken a look at some of the top reasons to join a coworking or shared office space.
1) Space to work and play
Humans are social creatures. Although some people prefer working completely alone, the rest of us are more productive and creative around other people. A well-designed coworking space will provide exactly this environment; space to knuckle down and get on with the day’s To Do list, meeting areas to discuss projects with clients and communal spaces where you can socialise and relax.
Research shows that spending time around other people is essential for our mental and physical wellbeing. Coworking spaces mean that even if you’re a team of one, you don’t have to only enjoy the company of others in the evenings and weekends… you’ll be surrounded by other friendly, like-minded individuals during your working day too.
2) Reduce the risks associated with private office space
If you’ve reached the point where you’re ready to move away from working at home, it can be a scary step to get your own office. Aside from rental costs and business rates, you’ve got to think about all the utilities, buying equipment and furnishings, cleaning – the list can be endless! Coworking takes away all these worries, leaving you free to focus on building your business.
Purpose-build shared working spaces, just like us here at Fastnet House, offer a range of options to suit your next step – from individual studios to permanent workstations and hotdesks, so you can find coworking space in Falmouth to suit your budget, with no surprise costs to throw you off track.
Plus you can usually scale-up or scale-down as required, and hire meeting rooms if you need the space. We’ve made our contracts super flexible, as we know requirements can change over time and we want to ensure adjusting your working environment is easy and stress-free.
3) Easy networking and skills sharing
If the words ‘Networking Event’ send shivers down your spine, how would you feel about networking and collaboration if you didn’t even realise it was happening? One of the real advantages of coworking is the natural interactions that occur around you every day.
Genuine conversations easily arise when you pop the kettle on or sit down for some lunch, and these can become worthwhile leads and important new contacts for your business. We all know networking and skills sharing can be really beneficial for business growth – coworking spaces present great opportunities to the whole community, especially those who prefer to steer clear of traditional networking events.
4) Inspiration and community
Insight and inspiration is all around you in a coworking space. Those individuals who have the drive and ambition to create their own business are driven, dynamic and often bursting with ideas – this energy is contagious!
Many shared office spaces are involved with projects and other businesses in the local community, which can take the form of charity support or special offers. For example, at Fastnet House our community enjoys discounts with a local garage for MOTs, car collection for detailed valeting plus a monthly visit from a local massage therapist who provides special ‘at your desk’ packages.
5) Happiness = productivity = success
There’s been countless studies that show the happier we are, the harder we work. The University of Warwick found that productivity increases by 12% when we’re feeling good in the workplace, so it makes sense to tick as many boxes as possible when it comes to things that put you and your team on cloud nine.
A dynamic, comfortable coworking space, like ours in Falmouth, Cornwall, creates an engaging environment where people enjoy spending time. Lots of natural light, plenty of plants, free tea, coffee and, of course, a well-stocked biscuit tin contribute to a satisfied community who are proud to work hard to drive their business forward to even bigger things.
Now you know some of the main benefits of coworking, why not come and see for yourself? Our coworking office space in Falmouth is open now – book your tour online.