With the advent of the sharing economy becoming even more widespread across industries, it should come as no surprise that even more alternatives are popping up left and right. From transportation services, such as Uber and Lyft, to accommodation portals, such as Airbnb, the sharing economy is now playing a significant role in making the lives of modern consumers much easier.

Out of all the different manifestations of the sharing economy’s major contributions to the world’s overall quality of living, however, coworking spaces have shown to be the most beneficial.

What are coworking spaces?

Coworking spaces, generally speaking, are a type of property that acts as a neutral space where various professionals or offices share to work independently on different projects of their own. As opposed to traditional office spaces, coworking spaces are an amalgamation of different offices that operate in a complex-style setting instead of having buildings that are cordoned off with a unique address.

Thanks to the way that a coworking space is structured, there are various package options to choose from with varying prices that can fit any budget. Cocotiv’s coworking space, for instance, comes with three different packages that can either serve freelance professionals, start-ups, small and mid-size enterprises, or multinational corporation chapters!

Reasons to opt for a coworking space

One of the most significant reasons that coworking spaces are becoming much more sellable lies in their wide range of advantages that any type of business can enjoy. Here are a few advantages that you can expect to enjoy when you set up base in a coworking space:

1. You will have more flexibility

Coworking spaces are perfect for the modern business setting because they remove costly long-term leases for flexible payment plans that are most appropriate for small bootstrap budgets and businesses that are always on the go. Instead of worrying about settling for a one-year contract or 30-year mortgage payment, you can set up shop in a coworking space and cancel at any time if you want to move elsewhere. 

2. You will be more motivated to work

Given the fact that revolutionary ideas are being incubated and fine-tuned all throughout a coworking space, there’s an undeniable level of productive energy that’s difficult to resist. By situating your office in a space where there are other like-minded professionals that are driven as you are, you’ll never feel the urge to slack off or put off opportunities to grow.

3. You will have more opportunities to network

In a coworking space, interacting with other people is nearly inevitable because of the layout and structure of the entire space. Because of this, you’ll be able to strike up a conversation with new connections much easier. Part of the advantage that runs deep in a coworking space can be best seen in every opportunity to connect with various professionals that can benefit from your products or services. 

4. You will have more accessibility

Most coworking spaces are situated in town centers that can be accessed by bus, train, or a quick walk. Instead of having to force your team members and clients to tire and frustrate themselves by traveling far to get to your office space, you can settle down right in the heart of the city where everyone can find you with ease!

With their wide range of advantages over traditional office locations, it should come as no surprise that coworking spaces are the future of business as a whole. If you’re looking for the perfect coworking space within the Charlotte, North Carolina area to grow your business in, then Cocotiv is definitely the place to be!