Meta-Description – Discover the key differences between coworking spaces and traditional office spaces. Learn how coworking can boost flexibility, collaboration, and cost-efficiency.
How is a Coworking Space Different from a Traditional Office Space?
Today’s businesses have more options when it comes to choosing the right space. The days when businesses could afford to be confined to a conventional office space are long gone. Today, a new and more promising opportunity has appeared – coworking space.
However, how does one choose the right option that will suit the business?
Let’s have a look at the various aspects that define coworking office spaces as different from conventional office spaces to guide your decision.
Factors to Consider to Differentiate Coworking & Traditional Office Space
- Structure and Flexibility
Traditional office space is more formal in terms of the layout of the physical working space. It is common for a company to rent a specific area for its call centre, and then arrange the interior and equipment as they wish. This approach offers a high level of control over the work environment and entails the total branding of the environment. However, it can also be costly in the initial stages and also involves a long-term contract with the leased premises.
Co-working spaces are somewhat more flexible and can be adapted to the needs of the users and the nature of their work. People usually subscribe to the services and get a monthly charge for the use of the common space, conference rooms, and other services. This does away with the initial costs that come with leasing and equipping a conventional office space. Also, Avanta coworking space in Delhi & Gurgaon have multiple pricing models and flexibility in the usage of the space, which is ideal for growing and shrinking businesses.
- Cost Considerations
Office space is often costly, particularly for start-ups and small businesses, and thus makes flexible office space a viable option. The leases often bind the companies to pay a fixed amount of money every month, which is a problem since it does not depend on the amount of office space required. Also, furnishing, maintenance, and utility expenses are the business owner’s responsibility.
Co-working spaces are cheaper than traditional commercial office spaces. These fees range from a few hundred to a few thousand dollars per month and include rent, utilities, furniture, internet, and sometimes even supplies such as printing and snacks. This makes it possible for businesses to be able to estimate their workspace budget and ensure that they do not spend beyond what they had planned.
- Networking and Collaboration
Open work environments can create a powerful professional bond within a single firm or organisation. However, the chances of forming partnerships with other business entities are usually restricted.
Co-working spaces are aimed at encouraging interaction among the users. The members are from different companies and fields; this makes the working environment more active and interesting. For startups and small businesses, this can be a useful platform to find networking opportunities, exchange information, and possible cooperation.
- Amenities and Services
Traditional office spaces usually demand organisations to provide facilities in the workplace, for instance, meeting rooms, cafeterias, and lounge areas. This can be a big expense, particularly for SMEs since they may need to employ more people than the larger firms.
Coworking office space is usually provided with several features and services depending on the type of office. These can be meeting rooms, photocopying areas, canteen, lounges, and even secretarial services within the building. This enables businesses to avail of these resources without the initial capital investment.
- Privacy and Control
Conventional working environments offer a lot of privacy and security that cannot be easily replicated in other settings. Avanta Business Centre have complete control over the arrangement of the environment, noise level, and security.
Conclusion
It is also important to note that co-working spaces are usually more open spaces by their very design. Although some coworking spaces provide dedicated desks or office space, they are often rare and not as common. Companies require a certain degree of privacy and openness to other members of the population.
