Find the Best Co-working Space for Your Startup
Today, more and more entrepreneurs are choosing co-working spaces for their start-ups. They tend to be less expensive and don’t come with the commitment of signing a long-term lease which can be problematic for new businesses. They also tend to have an atmosphere that is more conducive to networking and productivity. If you are looking for a co-working space, you want one that suits the needs of your company and has an environment that is right for you. Therefore, there are certain things you will want to take into consideration in finding the best co-working space for your start-up. Here are some of the things we suggest you will want to look out for.
Does it Suit Your Needs?
In addition to just offering space, many co-working spaces will have other amenities like office equipment renters can use, high speed wi-fi and free coffee. You may be paying extra for these perks so decide what is important for your office to determine if the added expenses are worthwhile. Some businesses will also need enough space to accommodate staff and meetings so that is another thing that should be taken into consideration.
Consider the Culture
Co-working spaces can be great places to network and meet other people. Therefore, it may be important for you to work in a space with industries that are similar to yours. You will also want to think about the types of people that you will be co-working with. Do they seem friendly, hip, understanding, and/or respectful? Remember these are people you will be seeing every day so you will want to make sure that you vibe with them.
Location, Location, Location
The location of the space in another thing you will want to think about. Of course, you want it to be close to where you and your colleagues live, but you also want it to be in a safe neighborhood with coffee shops, fitness centers and restaurants nearby. It will also benefit you to be close to similar industries, clients and/or mentors.
Consider the Future
Think of your working space in terms of where you want to be in the future. Most co-working spaces are meant for short term stays which is perfect for businesses who are rapidly expanding. However, it is important to discuss the terms of your lease before agreeing to anything. This way, you can be certain that you will have the flexibility to move when the time is right.
A co-working space is a great low cost, temporary solution for many businesses. However, even though they are often short term, you must choose carefully to find the space that is most suitable for you. This will give you the perfect environment to help your company grow at this crucial stage in your development. We hope that you found these tips advantageous for your search and remember, Foundr Space can be YOUR space for kicking things off right!