Benefits of Collaborative Workspaces
Collaborative workspaces are a one-in-all-basket for individuals, freelancers, startups, and businesses, making them the perfect solution for different professionals.
For instance, a software engineer for Google can work in the same space as a freelance marketer on Fiverr.
Also, these spaces do not discriminate against you depending on what you do for a living. You only need to meet the terms stipulated, and you can access the space whenever you want.
And since collaborative spaces offer so much value, here are their benefits and why you should consider these services.
Increases your Innovation and Creativity
As Tyler Shaw, a Canadian singer-songwriter and actor, said,” Inspiration can come from anywhere,” collaborative workspaces make this true as they provide an unparalleled avenue for creativity.
How, you ask?
Collaborative workspaces bring together a diverse group of individuals, each with their own skill sets and perspectives. So, when people happen to meet in the same space, most of the time, a conversation starts leading to something magical happening.
Ideas start to flow, you tap into creativity, and innovation is bound to happen sooner or later.
Also, sometimes you need a quiet place when working on a demanding project that needs all your attention. Being in a traditional office where your colleagues and friends come over to say hello or ask for something can be distracting.
Same as working from home. Having to cater to the unending needs of your kids or family members may limit your creative juices.
And this is where collaborative workspaces come to play.
So, if you want to tap into your creativity or come up with new and existing ideas, either through a quiet space or interaction with other people, a collaborative workspace may be the spice you have been missing.
Offers a Cost-Effective Solution
Collaboration reduces overhead costs as businesses get to share resources.
What do we mean by that?
Whenever you pay to access our shared workspaces, you cost share with other businesses or people to pay for the office space, equipment, and amenities. Unlike traditional office space, where all these costs would have been yours to bear.
Here is a table that compares office space vs. collaborative workspace costs.
|Cost Category||Traditional Office Space||Collaborative Workspace|
|Rent||High||Low to Moderate|
|Utilities||High||Included in Membership|
|Office Equipment||Expensive||Shared and Included|
|Amenities||Few or None||Abundant and Included|
|Maintenance||High||Handled by Workspace|
|Networking Events||Rarely Hosted||Frequent and Included|
|Overall Cost||Expensive||Cost-Effective Solution|
From the table above, traditional office space is very expensive, and a collaborative workspace offers a cost-effective solution for this. While the rent may be higher for office space, it does not come with most amenities you may find in a collaborative workspace.
Also, some collaborative spaces hold networking events, workshops, and seminars where you get to widen your professional circle. And you never know who you finally meet that may end up being the start of a good partnership[ or friendship.
Improves your Work-Life Balance
The most crucial aspect of everyday living is a work-life balance. Where you spend X hours at work every day being productive and then get to go home and spend Y hours with family, catching up on their day or helping with homework.
But nothing is perfect in this world. Yet some aspects, like collaborative workspaces, come close to perfection.
With collaborative workspaces, 9-5 does not exist, unless you want it to.
What exists is you planning to work around the hours you want that day and then spend the rest relaxing at home or with your family.
It is like using the Four Hour a Week model by Tim Ferris, but you work with X hours a day instead.
This helps you reduce stress and burnout, leading to a sense of empowerment and increased job satisfaction.
Choose the Right Collaborative Workspace
While a collaborative workspace offers many benefits, choosing the right one can make a huge difference in your productivity. However, choosing the wrong collaborative space can make you feel frustrated and unfilled.
So, choosing The Westlund Building shared workspace may be the right option.
We help you improve your productivity while providing a space and resources that expose you to industry experts. These are valuable to entrepreneurs and freelancers as they may not have a chance to access the resources elsewhere.
Get in touch with us to use our shared workspace and enjoy the benefits of collaborating and networking with individuals from various walks of life.