Entrepreneurs out there know this: running a business is a tough endeavor; even more so when first starting up. The economy is rough, competition is high and sometimes you just feel like giving up – it’s overwhelming and perhaps the motivation is gone.
Frustrations arise when working as a team as well. Expensive overhead, coupled with the struggle of turning your first profit – it can tax even the most determined of individuals. A number of startups have said that one of the biggest struggles they face is keeping a positive mindset in these complicated times.
Don’t throw the towel in just yet! If you’re struggling with overhead and wondering how long you can ride your seed funding, we’ve got a solution for you. It will cut down your rental costs so the money can be spent in more worthwhile causes, it will revitalize the office atmosphere and, as if that wasn’t good enough already, it will increase your networking circle. Have you ever considered coworking?
Coworking: Helping Businesses and Startups Grow
Coworking is when two or more companies share a workspace operated by a central owner. Nowadays, there are two different types of coworking: a traditional Coworking Space, which is in itself a company aimed at enabling startups and businesses to share a common office space, and then there is “new” coworking, where businesses share a workspace with other businesses. The companies can either all work in the same room, which is called an open space, or each have their own private offices; while sharing the kitchen/relaxing room etc. The aim with coworking is to help spur networking between businesses while cutting down on overhead costs substantially. It’s a tough world out there, and a bit of solidarity never hurts.
So, why get into coworking? For many, the primary benefit is that it will eliminate the need to rent a private office, keeping overhead substantially lower. However, many studies have indicated that the lowering of rental costs isn’t the only reason startups and companies choose to cowork. In fact, for many startups the primary reason is for the networking. As the CEO of Jogabo – a social soccer app – said in an interview, “It was never a question of price, but for the social aspect. […] We can exchange with others that work in the same field. We talk, ask questions, discuss our projects and get instant feedback. It’s like an extended team.”
Sharing a space with other companies and entrepreneurs will enlarge your companies circle of professional acquaintances. Even when the businesses have nothing to do with yours, it’s always helpful to discuss projects and gain insights from others. Creativity is sparked just by exchanging ideas over a coffee break, and a dynamic environment is created. Being surrounded by working peers will only help to motivate you further and serve as a source of direct feedback to your business. And you never know, one day you might need to outsource some work – when that time comes you’ll know exactly who to call.
You may not need to cowork all the time. Your company might outgrow coworking and need its own space one day, especially if the team keeps on getting bigger, and that’s okay. Coworking just might be that little push you needed to help move your company forward.
Share Your Office: the Link Between Renters and Rentees
With so many offers out there, it can be quickly time-consuming and complicated to look for the perfect workspace. The stakes are high too, with so much on the line when starting up, it is absolutely necessary to find the right work environment to grow and maintain one’s business.
Share Your Office is the simple solution to all office-related needs. Our aim is to help bridge the gap between those who have available office space and those who are looking for space to rent, in an easy yet highly efficient way. Any type of workplace can be found and listed on www.shareyouroffice.com, from a simple corner desk, to open space coworking, meeting rooms and private offices. Are you a company with an unused meeting room? That’s right – you can list it with us – for free – immediately. Turn that cluttered waste of space into a company trip. The best part? You can design the contracts exactly as you please – from one day a week to a 6-month sublet, we craft our contracts to perfectly fit your needs. Looking for one desk and an inspiring environment? Simply look up the city, the number of desks needed, and the price; you are good to start browsing the wide selection of our available workspaces.
Share Your Office is there with you every step of the way, whether it be to help you find the ideal office for you and your team, to accompanying you in creating the most enticing listing for your space, managing the contracts and finding your next coworkers. The best part in all this? It’s totally free!
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