Gone are the days of being forced to choose between working at a corporate office or from the comfort of your own home. Now you can have the perfect mix of both at a coworking space. This innovative way of working has been shaping the way we work ever since its introduction. Coworking spaces have been rapidly increasing by numbers over the last few years.

Whether you choose a private office, dedicated desk or coworking, creative shared-office spaces like Alchemy create an environment that cultivates community chemistry to nurture healthy business growth, worthy impact & increased well-being. While we could go on and on about the advantages of coworking spaces, here are 7 benefits to keep in mind if you’re considering a coworking membership or office space.

1. Productivity
Imagine an environment without the stuffiness of a corporate office space but still more structure than your home office. Sounds perfect, right? That’s what we’ve created with a creative coworking space. Less formalities and distractions, more productivity. Being surrounded by other hardworking professionals like you can also give you that extra boost of motivation. You’ll also have also have access to professional amenities like fully equipped conference rooms that will help you make the right impression all while increasing your productivity.

2. Community/Networking
Being a freelancer or small business can be difficult when you don’t have a sense of community. With coworking spaces, you can still work by yourself but not alone. You’ll be introduced to many individuals that can serve as resources or sounding boards. At Alchemy, we’ll also be providing educational & partnership platforms that will serve as resources to help grow your business. Participate in member events to network, grow and be inspired.

3. New Business
Not only do coworking spaces encourage a great sense of community, but they bolster business by fostering connections. Many coworking members and tenants have noticed a significant increase in new clients due to the relationships they’ve established at their place of work. Coworking spaces give your business more exposure to a diverse group of potential clients. It’s also a great way to find new people to work with. That local designer you’ve been looking for might just be sitting right next to you!

4. Increased Well Being
We all know the importance of a work-life balance, but unfortunately a lot of today’s workplaces don’t have an environment to support that. With amenities that promote a healthy work-life balance such as on-site yoga studios, being dog friendly and even free beer and snacks, you’re able to do your job in a healthier, more relaxed environment. We all know that employee well-being doesn’t just make people happy, it makes your business happy too by driving profits!

5. Diversity
Unlike a traditional office, coworking spaces consist of members and tenants working for a wide range of companies. This unique environment gives you an opportunity to gather insight and collaborate with like-minded professionals in different industries. Coworking spaces typically see less direct competition and more collaboration.

6. Cost Efficient
Running a small business or freelancing can already have quite a few overhead costs. Becoming a member or tenant of a coworking space is an easy way to eliminate many of those. No need to worry about additional utility bills or service providers. Everything you need is ready for you, just bring your laptop!

7. Flexibility
Many new businesses or freelancers aren’t able to fully commit to long office leases or hefty deposits. With various membership options, you can choose what works for you and your business. Go month-to-month or even daily if you’d like. Members of coworking spaces also have the flexibility to set their own schedule and work when they prefer. No need to work around certain operating hours or someone else’s schedule.

Sources: Deskmag