The global market of coworking spaces is estimated to rise from $25.11 billion to $82.12 billion. Where so many startups and freelancers are renting shared spaces, few people avoid it due to misconceptions. They believe these workspaces don’t benefit their business and are not ideal for working from home.
Are coworking spaces unprofessional, with a lot of people sharing desks? Is it only for startups and freelancers? Can you get a private place at a coworking office space for a meeting or not?
In this blog, we will debunk the common misconceptions associated with coworking spaces. Are they too expensive to rent for startups?
11 Common Myths About Shared Spaces
Let’s debunk common myths related to coworking spaces in Connecticut.
1) Coworking Spaces Are Too Expensive
Shared spaces are less expensive as compared to private office space. You can rent even one desk separately or share at affordable rates. Additionally, you can rent this workspace even for one day to check the environment and surroundings.
It’s not practical for startups to invest thousands of dollars in building an office space. They should follow the money-saving strategy to gain success in the competitive market. Moreover, such inexpensive workspaces are ideal for a person working from home.
2) Coworking Spaces Are Not Secure
Many people believe that coworking spaces are not secure for confidential meetings and data transfers. This concern arises due to many workspaces offering zero security for personal belongings like laptops, etc.
The fact is that many workspaces provide secure Wi-Fi connections and soundproof conference rooms. They also pay attention to detail that only trusted people get an entry. Additionally, CCTV-equipped spaces with security guards increase the level of safety, so you can even work late at night.
3) Coworking Spaces Are Distracting
Although shared space offers desks to different people from different backgrounds, it also has private offices with soundproof walls. Many workspaces have strict rules to stay quiet and not to disturb others. If you even rent a shared desk at such workplaces, it will be worth it.
Not all shared office spaces are the same, so you have to choose the one that aligns with your requirements. You can also rent an executive cabinet with total privacy.
4) Shared Spaces Are Just For Startups And Freelancers
Many business owners never visit a shared space because of this myth. They believe it’s only for those who are on a tight budget. But that’s not the case.
The reality is that a coworking space exists for large and small enterprises. You can host meetings or presentations quietly. Rent the private office space within this shared space and run your business at a low cost. Why not take advantage and spend on marketing?
5) Coworking Doesn’t Offer Privacy
Let’s debunk the major myth of the coworking rental industry. People believe that they can attend a meeting with people around them? What if confidential and sensitive information about a project gets leaked?
Be patient, shared spaces are built for you, so how can a landlord ignore such a crucial detail? There are some private rooms and cabins where you can attend meetings. Additionally, they provide secure Wi-Fi connections to avoid data breaches and phishing attempts in your system.
6) I’ll Get Distracted By Socializing
While many people consider it a privilege, a few consider it a curse. Networking is good for a successful business, but what about socializing with the same people 5 days a week?
Networking is beneficial for startups as they learn new ideas and concepts from experts. It’s a workplace where everyone is focused on their work, but if you get a chance to chat over a coffee, don’t let it go. Learn something new each day to scale your business.
7) I’ll Never Feel Like I’m ‘in Charge’ Of My Business
Freelancers believe that working from home provides them the opportunity to rule. But these workplaces are no different than a home, but free of distraction and noise.
You are in charge of when to work, as it is open 24/7. Moreover, you can decide between attending events and workshops. Your desk and private office are under your control, so you can use them anytime.
8) I Can’t Focus With So Many People Around
So, why not choose an alternative? You can also rent a private office and quiet pods to work from. Not all coworking spaces are the same; some have strict rules to stay quiet. So, you should choose the one with fewer distractions and quiet surroundings.
9) Coworking Spaces Are Unprofessional
The biggest myth is that shared workspaces are unprofessional, but it’s far better than working from home. You don’t have to worry about the noise of kids anymore during your virtual meeting. Moreover, these spaces are ideal for in-person client meetings due to separate conference rooms.
There are separate mailing addresses and canteens available at some workplaces. You can talk with other industry leaders and collaborate on various projects.
10) I’m Locked Into A Long-Term Commitment
Shared office space doesn’t require you to rent for a year. You can also rent a desk and a cabinet for:
- Month-to-month plans
- Day or hour passes
- Options to pause, or scale up/down your usage
It helps people on a tight budget to spend wisely. They can select the monthly membership to enjoy the extra facilities of the workspace.
11) Shared Spaces Are a Passing Trend
Many people think that shared workspaces are just a trend that will diminish over time. But the rising demand for such workspaces says something else.
Now, companies hire remote and hybrid employees to save on electricity costs and other expenses. So, these employees prefer the workspace over home to complete their work smoothly. Many freelancers are offering online services to rent shared desks to work in a professional setting. So, its demand is increasing over time instead of decreasing.
Tips When Choosing a Coworking Space
Here are the tips to remember when choosing the right workspace in Connecticut:
- Tour before committing: Don’t pay the rental fee until you have visited the space in person.
- Try a trial day/week: You can visit the place for one day or an hour on passes to check the community and working environment.
- Check security: Don’t forget to check the security of the Wi-Fi and the separate meeting rooms.
- Check surroundings: What’s in the neighborhood? Avoid renting a space that is near construction sites.
- Compare pricing strategies: Get free quotes from multiple shared spaces and do a decent comparison before finalizing the rental space.
Conclusion
As we have discussed above, shared spaces aren’t limited to the specific community of people. Anyone can rent them from freelancers to large enterprises for meetings and work-related activities. There are multiple benefits of renting these spaces, from networking opportunities to saving money.
SONO 50 offers coworking space in Connecticut with soundproof meeting rooms and fitness centers. We also have a gaming lobby where you can enjoy yourself in your free time. Contact us today to rent a coworking space with modern safety features and extra amenities in Connecticut!