More than just a shared office: what is coworking?

In a positive way, the digital age is influencing our workplaces. Flexible, workplace-independent work is now possible in a wide range of professions thanks to the internet, today’s conferencing systems and other technical advances. The term “coworking” has probably come up in your research on new work environments. Here we explain what coworking is, what it costs and how it has evolved over time.

Coworking: an explanation

“Working together” is all that the term “co-working” means when translated literally. Working this way involves sharing a flexible workstation with a number of other people. It is common for co-working spaces to be large and open. That’s why huge offices, entire floors, lofts, former manufacturing halls and landscaped offices are the best building options for this type of business.

How much does it cost on average to work in a coworking space?

The cost of a workstation is primarily determined by its location. A workstation in the city center is more expensive than those located elsewhere. On the other hand, coworking costs are lower in the suburbs or in the countryside. The monthly cost of a coworking space at the Color Business Center is only 195 euros.

Infrastructure and equipment

Separate spaces alternate with open spaces in a coworking space. This allows you to collaborate on joint initiatives or focus on your own projects. There are normally desks, chairs, pedestals, shelves, flip charts and whiteboards available for each individual workstation in the office.

In addition, most businesses have the essential infrastructure to get things done. Personal networks for coworkers are also provided free of charge in addition to free wi-fi and other office amenities. Working in a coworking space gives you the opportunity to meet people from a wide range of backgrounds and vocations.

Sectors and professions

Coworking spaces accommodate a wide range of people, making it difficult to identify a single demographic. Individuals from a wide range of professional backgrounds are all represented, including consultants, freelancers, tiny startups and digital nomads.

However, established businesses are also embracing the coworking model. In order to take advantage of the temporary change of location to rigorously develop their creative and fresh ideas, they send staff working on specific projects to coworking spaces.

Flexible rental for as long as you want

As a risk-free alternative to moving into their own offices, coworking spaces are especially attractive to startups and small businesses because of their flexible rental options. Workspaces can be rented by the day, week, month or even hour, depending on how long you need it for your business. You simply need to bring your own work supplies, as everything else is provided for you.

Shared rooms for brainstorming and collaboration are available in addition to rented workspaces. Some examples include the dining room, conference room, lounge, seminar room, cafe and rooftop terrace.

Of course, the coworking space’s excellent coffee is a must. In addition to serving as a wake-up call and conversation opportunity, coworking includes coffee breaks. Plus, the rental price often includes drinks, snacks and fruit as part of the package.

Ping-pong and foosball tables are also available at many co-working spaces. Some spaces also offer childcare and disability accessibility.

Coworking spaces have expanded rapidly in recent years, a testament to the growing popularity of the concept. The benefits of coworking are obvious: not only does it save money, but it also provides a great setting for networking. These spaces are particularly attractive to start-ups and small businesses because of their flexible rental terms.

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