Co-Working Spaces vs Traditional Offices

“The rise of co-working spaces are interesting in that people are no longer going to accept working in a standard corporate space. Its rise signals the arrival of a more convivial and social workplace, with a blurring of retail, hospitality, food and office.” – Jeremy Myerson, WorkTech Academy.

 

With the growth in the number of startups and small/medium businesses, as well as freelancers, the demand is there, and the workspace industry is rising to meet it. These smaller businesses expect more from their work spaces than what a traditional or serviced office can provide, and the resulting benefits, in a pragmatic business sense and beyond, often make more flexible workspaces and coworking a far more appealing option.

 

Co-Working Spaces vs Traditional Offices

When you’re cooped up all day in a little box of a cubicle staring at another little box of a computer, the juices can stop flowing quite quickly. With nothing in sight but those incessantly grey walls and no way out, many often find themselves at a loss for words, a loss of motivation, and even sometimes a loss of happiness due to their work environment.

Offices seem to be designed only for productivity, fragmented bits of individual productivity completely separate from each other.

Contrarily, in a coworking space, you can collaborate with your coworkers, comfortably, with the latest in technology while sipping on freshly brewed coffee. For this reason, coworking spaces feel to be superior to everyday offices, as they positively reward productivity and collaboration.

Why Co-Working Spaces are best

The old way of working

  • Huge infrastructure cost, such as Wifi, Security, Electricity and utilities.
  • Can get really isolated in your own bubble.
  • See the same faces every day.
  • High Price point for Office Space Leasing.
  • High Cost in buying or leasing furniture, fit-out design and construction cost.
  • Risky long lease signups. Periods can range fro 3-9 years with a 6-month notice.
  • Not Highly sustainable unless made a specific company focus.
  • Offices emphasize individuals, working alone

The Genius Way of working

  •   Already working infrastructure included.
  • Co-Working is designed to spark creative collaboration bringing together a community with complementary skills or networking opportunities.
  • Reduced cost through shared amenities.
  • Fitout already done for you, and we maintain the furniture.
  • Flexible structure for growing companies as well as companies with fluctuating team sizes.
  • Sustainability through shared facilities and resources.
  • Co-Working Spaces Spark Energy & Creativity
  • Co-Working Spaces are often filled to the brim with hungry go-getters that have just started a business, just joined a business, or are looking for people who have just started businesses as mentees or partners. This should immediately put the idea into your mind that cross-business collaboration is key.

Come and visit one of our spaces, and experience for yourself, the energy in the room. It doesn’t feel like any normal office, where everyone’s patiently waiting around and counting down the seconds until 5 PM.

If you would like to know more about the concept of Co-Working, here are some interesting stats you would like