You don’t have to hold back the launch of your startup if you lack the budget for an office. Renting coworking space provides numerous benefits without the high price tag. Here’s why using coworking to power up your startup makes sense if you’re itching to get your business off the ground.
Purchasing and setting up a dedicated office space is cost-prohibitive for most startups. Once you get the furniture and tech you need, you don’t have much left over to put back into the business. Utilities and maintenance add more to the cost. If you choose a coworking space instead, you pay only a flat monthly fee to cover everything and have more to invest in growing your company.
Using the best equipment you can afford improves productivity, and coworking spaces offer everything you need. Memberships usually include high-speed wireless internet, printing and meeting rooms with audio and visual technology. This gives you access to amenities you couldn’t afford to purchase outright. Some coworking buildings also have a receptionist, and you should be able to choose between shared working space or a private office, allowing you to enjoy a professional atmosphere suited to your personal work style.
Coworking is flexible to accommodate a variety of budgets. You can rent a private office on a monthly basis or opt to have a dedicated desk within a shared workspace. Using whatever desk is available, also called “hot-desking,” costs less, but you sacrifice the option of personalizing your work area.
What if you just need an office a couple of days a month or are traveling and want a quiet place to work for the day? Look for a coworking building offering day passes, and choose the most affordable option.
Are you looking for a web developer, event planner or social media manager? You could be working alongside someone with the talents you need to take your business to the next level. Get to know the people with whom you share coworking space, and network with those whose services can benefit your startup. Seek advice from people with thriving startups to discover what more you can do to achieve your goals.
Launching your startup from home is perfectly acceptable, but there will come a time when you need to expand. Coworking spaces give you the flexibility to start out renting space for a few days here and there and work your way up as you grow your client base and bring more people onto your team. Having a space to meet and collaborate opens up more opportunities and makes it possible to expand your business beyond your home office.
When you have a professional work space and access to amenities to expand your business at a fraction of the cost of a traditional office, you can move forward with confidence as you grow your startup. Take advantage of coworking to bring your business dreams to life.
CEO Centers FLEX is a modern, collaborative workspace in Duluth, Georgia curated around a community of entrepreneurs and creative early-stage companies. We offer a variety of coworking spaces – from hot desks to private, executive offices – all at an affordable price.
If you are looking for a coworking space, contact CEO Centers FLEX. We offer several membership levels that all include high-speed internet, access to the kitchen and lounge with a free coffee and tea bar, use of our business center and concierge services. Contact us today to learn more about the FLEX community.