Since it first emerged in 2005, the concept of co-working space has been steadily gaining traction in the business realm. While the primary aim of earlier generation co-working spaces was to provide freelance workers with support and resources they couldn’t find at home, café’s and other locations, co-working spaces today have evolved so they can also cater to the needs of large businesses and corporations.
But we’re getting a little ahead of ourselves. For those who’re new to the concept of a co-working space, it’s a business services provision model that involves companies or individuals working together in a shared space. The concept is highly popular today, with more than 21,000 co-working spaces open across the globe.
The reason behind this rise in popularity? Well, there are many. Co-working spaces provide both fledgling business and freelancers with communal business spaces that are markedly different to traditional corporate spaces. Co-working spaces offer many advantages over a conventional corporate setting. The most prominent ones include desirable impermanence, a great/open well-designed layout, and an environment that promotes networking.
However, it’s not all positive news. Not all businesses find co-working spaces to their liking. You see, co working spaces are not the perfect fit for businesses that prefer a structured business culture. Here’s why.
Disturbances and Disruptions
As co-working spaces are shared by multiple organizations, noise and disturbances are often unavoidable. This can create difficulty if you want a quiet environment that promotes focus and concentration. Because it’s a shared setting, you cannot impose any rules in terms of noise and discipline. While most workers in a co-working environment are aware and respectful of the unique environment they’re working in, people will still move around, talk to each other, make calls, etc.
The co-working environment encourages networking. Therefore, you and your employees are likely to lose some time due to socializing. It’s virtually impossible to work for eight straight hours in a co-working environment, which means that you’ll spend a considerable amount of time talking to people. While this sort of environment suits some businesses, others find it unproductive.
Volatility is another part of the co-working space package. The organizations and individuals you’re sharing the space with will keep on changing, and some co-working spaces don’t even offer fixed seating arrangements, so you’ll be seated somewhere different every time. If you’re looking for a stable, no-surprise work environment, co-working spaces are perhaps not the best option.
The Perfect Middle Ground?
So is there a setting that offers the best of both a traditional office space and a co-working space? Yes, there is. Creative meeting spaces offer the best of both worlds. They offer you the control and independence of a conventional office setting while simultaneously providing the flexibility and freedom of a co-working space.
At SoHoSoleil, we provide meeting spaces for rent in NYC. We have multiple loft spaces for shoots and corporate event venues in NYC. Some of our clients include Coca-Cola, Nike, MasterCard, Novartis, Apple, and more! Contact us today for more information.