Coworking after COVID-19 is seeing a surge as businesses and entrepreneurs rethink their work environments.
A 2020 study on coworking trends found that the number of coworking spaces worldwide is set to double by 2024.
The study estimates that the number of people using coworking spaces will climb to five million during the next four years.
Reasons why coworking spaces are thriving after COVID-19
The industries that adapted to serve the needs of businesses and individuals during the COVID-19 lockdown are recovering well in the aftermath of the pandemic.
This is one reason why coworking is thriving. Here are nine more.
1. Remote working is more common
The need to socially distance during the COVID-19 pandemic saw an increase in remote working.
Some businesses have realised the benefits of remote working and are incorporating it into their long-term business strategies.
Coworking spaces are an ideal place to work remotely and to continue social distancing.
Coworking overcomes the isolation of working from home and the risks of an office or commercial premises where social distancing is hard to implement.
2. Working from home isn’t always ideal
Some jobs aren’t as productive in a home environment.
Also, some workers find it difficult to concentrate at home.
It’s not easy to stay focused with distractions like children and pets, cooking and cleaning demanding your attention.
Coworking spaces offer remote workers a professional yet affordable workspace with all the amenities of an office.
3. Coworking spaces are more cost-effective than traditional office space
Renting office space is a huge expense for most businesses.
Coworking spaces offer a more affordable option for businesses wanting to cut overheads.
Coworking spaces provide furniture, Wi-Fi, business services, access to meeting rooms and parking.
4. Multiple coworking branches give better accessibility
Coworking companies with multiple branches offer more choice when commuting.
Workers can save time and money by choosing the nearest branch or the one with the fastest route.
This makes coworking the environmentally responsible office option.
Businesses can have multiple workers at different branches of the same coworking company.
5. Coworking spaces afford businesses greater flexibility
The aftermath of COVID-19 is an uncertain time that will see many businesses restructure their teams.
Fortunately, coworking spaces are completely flexible.
If you need to upscale or reduce staff numbers, there’s no need to rent a different space or worry about furniture and equipment.
6. Coworking spaces are often more productive
Not all work environments need to be quiet and focused to be productive.
Many workers thrive on busy, collaborative environments that facilitate creative thinking.
Many freelancers prefer a noisy and active workspace, which is why they often work in coffee shops.
Coworking spaces offer the same vibe with the bonus of business-related services.
7. Networking is easier in a coworking environment
Giving business a boost is a top priority now and there’s no better way to get the word out than networking.
Word-of-mouth marketing remains a top performer.
Sharing a space with other businesses and entrepreneurs is a great way to make new connections.
Some coworking spaces host networking events with talks from industry professionals.
8. Coworking spaces are fully equipped
One of the main benefits of coworking spaces (and serviced offices) is not having to pay to establish a new office space.
Coworking spaces come set up with everything you need.
- comfortable, stylish furniture
- a fully equipped kitchen
- a full reception service
- high-speed internet.
9. Most coworking spaces have added extras
Depending on the coworking space, there’s usually a wide range of added extras.
This can be business-related services such as printing or fun options like a rooftop braai.
These added extras are good for business and they boost morale among workers.
This is crucial as we leave lockdown and try to return to normal.
Coworking at The Workspace
At The Workspace, we offer comfortable, well-equipped coworking spaces at all our branches.
Renting space is on a month-to-month basis so there’s no need to sign lengthy contracts.
Members also have access to our onsite business services and meeting rooms.
We also take the risk posed by the COVID-19 pandemic very seriously.
Coworking after COVID-19 is a safe space at The Workspace where the health of our members is our top priority.
Read more about what safety measures we have in place to protect our members.