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Co-Working Spaces Can Have A Huge Upside For Your Small Business

By Shannon Hennig


As a creative or entrepreneur you likely spend a lot of time with your nose to the grindstone (or laptop!) day in and day out. You may be using your kitchen table, sofa or a favorite seat at a local coffee shop as your office while you start your venture, or it could be that you’ve always been a team of one and have no need for office space.


Saving money on rent by not having a physical presence makes a lot of sense, especially if you don’t need it. With that said, there may come a day where you’ll need space to meet a client one on one or host a large meeting. While there are options that you can use in one off scenarios, it’s worth considering what your long term plans are for growth, and how you might be able to accommodate these down the road.


Co-working spaces are becoming an increasingly popular solution where space and budget are at a premium. They’re popping up in cities both big and small as a viable alternative to assuming high rent costs and all the associated headaches that can come along with signing a lease.


If you have a small team you can rent an office or two, or if you’re after just a desk and chair these are offered as well. Many offer month to month arrangements that don’t lock you in, or in some cases you’ll find drop-in passes where you can swing by once or twice a week, and use the space when you need to leave the house. You’ll get access to shared conference rooms that can be booked in advance, along with private telephone booths and small meeting spaces.



In addition to giving you space to work, you can also take advantage of shared kitchen space, printers and photocopiers, wifi and some even boast coffee bars. While co-working spaces offer an immediate solution to your space needs, they also offer a lot of benefits for you both professionally and personally that can have a huge upside for your small business.


Social Interaction

The social isolation of working from home can be both a help and a hindrance to producing your best work. Sometimes you need quiet space free from interruption to focus and turn out high quality deliverables. Other days you may feel like hanging out in your pajamas while you go on a content writing sprint. This is part of the beauty of work from home arrangements.


While being alone is great, too much time spent by yourself can hold you back. You may find that you’re lacking motivation to stick to a routine every day, and are still in your sweats without having brushed your teeth when your kids come home from school, having accomplished nothing. A few days like these are fine, but when they become a habit they can have an impact on your productivity and bottom line.

Co-working spaces afford you the luxury of getting out of the house, away from your kitchen table, and provide a dedicated space where you have all the physical amenities you need to succeed. You’ll be able to actually talk to another person — which sounds ridiculous — but if you’ve been alone and staring at your home office wall for weeks on end, this is an alluring prospect.


Don’t discount the necessity of relationships and social capital for the success of your business and your own mental health. You need human connecti