The Benefits Of A Shared Coworking Space

April 2019

 

From unique networking opportunities to lower operational costs – communal working can prove to be exceptionally fruitful for businesses of all sizes, from sole trader to enterprise.

At Fora, we see the coworking movement as the opportunity to reimagine the office experience and create inspirational working environments that help all businesses, whatever their size or purpose, to succeed.

Our Residents choose us based on our knowledge of all things ‘workspace’. They know that we’ll take care of everything so they can focus on their business.

If you’re thinking about moving your team to a shared office space, consider how the following perks could enrich your business and propel you to the next level:

 

Exclusive networking and collaboration opportunities  

If you view shared office space as a community of like-minded people, rather than just a service available to your business, the benefits could be profound.

With such a mix of professionals under one roof, you’re bound to connect with people who might eventually become your clients, suppliers, mentors, business partners or friends. But, of course, you’re free to socialise as much or as little as you like.

Residents can choose when and how to interact with one another. When you’re busy or need to knuckle down and concentrate, you can relocate to a reading room or dedicated quiet space. But when you’re in the mood for a friendly chat, you can head to a Resident breakfast or networking event.

The potential for interactions alone is enough to help people feel much more connected to their team and the wider co-working community.

 

Increased creativity and productivity are part of the package 

Research shows that using a co-working space has a strong positive effect on people’s productivity: 71% of coworking members feel more creative in a coworking environment, 68% report being better able to focus, and 64% say they can deliver work faster.

There’s also the profound benefit of ‘accelerated serendipity’. Fora’s workspaces are carefully planned to encourage and support collaboration and productivity through beautifully designed functional spaces, such as the Forum steps at Fora – Clerkenwell – Central Street where people gather to exchange and discuss ideas. Information, ideas and inspiration tend to flow more freely both between spaces and among people.

 

Flexibility to match the pace of change

Coworking spaces give enterprises the flexibility and freedom to come and go as they please. This new generation of space-as-a-service membership options don’t require you to commit to lengthy contracts – instead, you can enjoy premium locations with the full range of amenities on a monthly contract basis. It’s particularly useful for fast-growing businesses that may need to add more desks as they expand.

The flexibility of a membership-style space removes the risks and hidden costs associated with renting your own office. And with all types of plans available, anyone can find a solution that fits their situation as well as increases their go-to-market speed – whether you’re an entrepreneur, budding start-up or a large-sized enterprise, you can move in on the day you become a member and start working immediately using the plug-and-play facilities.

On top of that, co-working spaces are often credited for being ahead of the pack when it comes to equipping their buildings with the latest technologies.

At Fora, we put technology at the heart of everything we do. With superfast fibre Wi-Fi, sound masking and sensor technology utilised in all our spaces, Fora Residents can reap the full benefits of the state-of-the-art facilities at no additional costs.

In many cases, coworking spaces are at the heart of innovation and connectivity. If your business prioritises talent retention, flexibility and innovation, then moving into a shared workspace might be just the perfect solution for you.

 

If you’d like to see our spaces in action, you can browse our locations here. Or go ahead and book a tour using the the panel on the left.