BUSINESS

Short Term Rentals And Its Advantages With Coworking Space

Short Term Rentals

Short term rentals for office space is always beneficial in one way or the other. Coworking space is one of the best solutions for one’s looking for short term office spaces.

Have an idea? Feel the strong need to give it all to make it big? Wondering how to manage finance for office infrastructure? Don’t let the small hurdle stop you from achieving your dream. Short term rentals are available in the market to cater to your needs. Short term rentals can be as short as a month, depending on the tenant and the owner.

The short-term rentals come completely furnished so the tenant will not have to spend time and effort for furnishing the needs to set up a working environment. But still, if the duration of 1 month is quite a long time then you can opt for coworking space.  Coworking spaces are available in long- and short-term rentals. The rental can be taken on a daily/weekly/monthly basis.

This flexibility of renting duration has attracted many people to use it widely across the globe. As per the research conducted there were 35,000 flexible workspaces in the year 2019. The global market value of the coworking space is expected to go up to 26 billion.

The numbers say it all on how the advantages of shared office space are making it a number one choice amongst the users. Let’s take a look at how coworking spaces work and how they can benefit dreamers who would like to be achievers.

Coworking space is the sharing of common space by individuals who may or may not be working for the same organization. Coworking space involves, sharing office infrastructure such as equipment, kitchens, meeting rooms, utilities, front desk, and refreshments to name a few.

The above mentioned are the amenities of coworking. Some other commonly available amenities at shared office space are free beverages, high-speed internet, power backup, meeting rooms, 24/7 access, etc.

The coworking spaces are occupied by freelancers, start-ups, entrepreneurs, and small teams who would like to take advantage of office space without much investment. The advantages of coworking space are immense. Below are a few of the advantages individual gains from shared office space.

1. High Productivity

Shared office space provides a work environment without the stiffness of a corporate environment and clutter of home. The space is just perfect with a fresh cup of coffee at your desk to start the day without distractions. Coworking space is designed for a productive environment to collaborate amongst individuals without any corporate constraints.

Surrounded by like-minded individuals is enough to motivate them to work harder. Conference halls available for quick meetings with your team will only aid you to carry on further.

2. Coworking and Networking

Being a freelancer or startup can be challenging in the beginning as learning the ropes can be tedious in business. The shared time with diverse individuals not only leads to new perspectives but also to get prospective clients.

Coworking spaces promote a sense of community. They can promote business by fostering connections. Though the individual is working on his own but never alone. Many times, the next one in the working space might be your sounding board or a mentor.

3. Diversity

Coworking provides the opportunity to meet individuals from different streams and at different phases. This bonding created due to the unique environment allows gathering insights from them. Coworking space creates less competition but more collaboration.

4. Cost-Efficient

If you are a freelancer or a startup, an individual can start working immediately without spending time and effort on setting up the infrastructure. All one needs is their laptop to start working. Taking up coworking space at small cost-covering required amenities leaves one stress-free and helps focus on the work at hand.

5. Flexibility

The shared office space offers flexibility in duration and time for the individuals to utilize the facilities. While the individuals are starting up afresh and not sure of the duration they might need the shared office can go daily. Based on one’s requirement the coworking space can be taken on a weekly/monthly basis. Coworking space members can set their work schedule.

6. Stepping out of comfort zone

Getting used to coworking space might take a while if an individual is used to buzzing office space. Once you are out of the comfort zone and amongst new faces and working in different settings keeps one alert and instigates one to be creative. Surrounded by people trying out new things itself motivates one to put in their best every day.

Whether you are an entrepreneur or budding startups, a shared workspace like iKevaoffers an environment conducive to growth.  Coworking space creates a relaxed yet motivating working culture, bonding with like-minded individuals who can be mentors and guides in the growth of career and also life.

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Trendy Tarzen

Trendy Tarzen is a Blogger, Tech Geek, SEO Expert, and Designer. Loves to buy books online, read and write about Technology, Gadgets, and Gaming, LifeStyle, Education, Business, and more category articles that are liked by most of his audience

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