Shared workspace, in the form of coworking and serviced offices, is an affordable alternative to traditional office space. It also has a number of potential benefits for startup companies, entrepreneurs and freelancers.
Flexibility and growth
Shared workspaces don’t have to involve being locked into long leases. Instead, pay by the month for coworking or choose from a three-, six- or 12-month agreement for a serviced office.
The Workspace Pretoria’s shared workspace.
The needs of new and small businesses can change quickly. Shared workspace provides a level of flexibility that isn’t possible with traditional office rental.
It protects entrepreneurs from having to pay for space they no longer need, and makes it easy for businesses to add space as they grow.
Many companies will start in a shared workspace and then transition to a serviced office, often within the same building. This allows startups and entrepreneurs to grow organically. It also avoids the costs associated with changing location.
Networking and connections
One of the key benefits of a shared workspace has always been the ability to network and establish partnerships within other entrepreneurs and small businesses.
Many startups form mutually beneficial partnerships with other businesses in their workspace. Some may even end up merging as they grow and evolve.
Most branches of The Workspace hold regular networking events.
Many shared workspaces also allow or even offer networking events. These events are opportunities to make new business connections and also to learn, as they often have relevant talks or presentations.
Affordability and convenience
New businesses face a lot of start-up costs, including furniture, equipment and office supplies. Shared workspaces allow startups to avoid these costs by offering an office environment that already has furniture and equipment.
Furniture, equipment and even secure lockers in the coworking space at our Ballito shared workspace.
Most shared workspaces also offer business services such as printing, copying, laminating and binding. They also already have an established internet connection and offer a full reception service, so there’s no need to hire a receptionist of your own.
Professionalism and style
Each of our shared workspaces has its own style, but professionalism is always the name of the game.
Décor is stylish and professional. All members have access to meeting rooms, and can book use of on-site boardrooms by the hour, half day or full day. Boardrooms are fully equipped with projectors, teleconferencing facilities and whiteboards.
One of the meeting rooms at the Blackheath, Randburg branch of The Workspace.
Furniture and equipment are also high-end. So you get a stylish space to work in with the best possible facilities, for a lot less than it would cost to set up a full office from scratch.
Shared workspace at The Workspace
The Workspace has actively cultivated a reputation for helping small businesses and startups in South Africa. We offer the very best facilities in our elegant and professional shared workspace in Gauteng and KwaZulu-Natal.
The canteen at our Midrand branch.
We’re also one of the few shared workspaces in South Africa to offer free high-speed Wi-Fi to all our members.