If you are working in the corporate industry, you are well aware that we are on the digital age and our economy and most of all our working environment have already adapted almost all the innovations it has brought to all of us but sadly, there are pros and cons, advantages as well as disadvantages of it also. A lot of are used to work for eight hours a day but one of the very good innovation that our rapidly developing corporate and business industry has brought to us is the utilization and the concept of shared office space.
It is considered a good alternative for people who are running small and medium business enterprises and startups and a lot of young professionals in business are shifting their conventional coworking spaces to shared office spaces. In this article, let us discuss the differences between a shared office space between a coworking space and which one suits you the best.
We do not want to misjudge one over the other and this article just plainly explains the difference between these two office spaces and determine which one will help you become productive and complete your task effectively because we believe that if there is a better understanding regarding this matter, we will be more effective in making our decisions which will affect our business and career in the long run.
What is a shared office space? Shared office space is an ideal facility or working place for a lot of business types that is budget friendly for small and medium business enterprises and startups because of its lowered costs that eliminate the need for a bigger expense like logistics and additional office structure. A lot of shared office spaces have their own receptionists and staff who will be available to serve you. You will also share the office space with other companies and organizations who also rents out the rest of the space.
On the other hand, what is a coworking space? It is referred to as the version of office spaces that millennials prefers to because of its lively and energized atmosphere giving the workers more ideas to bring. However, this is also sometimes noisy and very active which is not preferable for a person who wants a solitary working environment. You will find people here who are more keen on the collaborative working space which sometimes could be distracting to other people working in this office space.
The benefits or advantages of a shared office space is that it is very practical that it helps a startup or a small and medium business enterprise help save financially considering that it is budget friendly and have an available rent packages that are flexible enough for young entrepreneurs while its amenities and services is the same as what a conventional office space can provide. This place is very ideal for people whose business relies mostly online on since most shared office spaces have accessibility to the internet. The downside of a shared office space is that not everyone is used to work in this kind of working environment which could lead to unproductivity while its renting terms should be based on commitment where you are required to rent for at least three months.
Coworking spaces meanwhile, is perfect for a critically minded business person considering that this is ideal for meetings, brainstorming, as well as networking and collaborative ideas that are why most coworking spaces are well lighted, has bright interior paints and has a lively environment to keep everyone awake and active during working hours.
The downside of coworking space is that there is a difficulty completing a work and maintain a level of concentration there because of the noise and the living environment it has. Unlike shared office space, coworking space needs membership fee for individuals unlike the former that only requires rental fees which a company should pay.
For more information about shared working space, feel free to visit this website https://bridgeworkslongbeach.com/memberships/.