Experts predict an uptick in the adoption of coworking spaces in 2021 by companies of all sizes. If you are a startup or a small business, here are the factors that you should consider before choosing your coworking space or an office :
1. Do you need an office for your business?
You and your team may be able to work remote. With a few changes "remote working" may work for you.
2. Lease (or) rent (or) on-demand?
Many coworking spaces have started to office flexi-passes, so you can get an office on demand.
3. COVID-SAFE
Check if the spaces that you are considering follow COVID-SAFE guidelines.
4. Location
What would be the ideal location so that you minimise travel? Do you need multi-location access?
5. Budget fit
It is good to be frugal. A dime saved now is two dimes earned.
An on-demand office will save you upto 40% on office rent.
6. Growth of your team
You are bound to grow. Can the space accommodate for your company's growth? Are you getting flexible pay-as-you-use terms?
7. Ambiance
Great ambiance positively impacts creativity & productivity. Choose the right ambiance for your team.
8. Networking opportunities
Getting to meet other entrepreneurs and people in your line of business could give rise to new opportunities.
9. Amenities
Do a check on power & WiFi backup, parking, copier, whiteboard, projector and other things you may need.
10. Flexibility
Do you travel a lot or is your team distributed? Do you need multi-location on-demand access? Having flexibility with office will give you agility.
