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Advantages of Co-Working Spaces

By Saurav Rajbhandari

Workspace trends have changed in recent times with smaller businesses and startups choosing to share space with other companies. Co-working provides opportunities to network with people from other companies, as well as many other benefits, including:

1. Collaboration and networking
When people are in close proximity, it opens doors for collaboration. People then have the ability to choose, from a pool of talent, people with the same or different set of skills. It can be collaboration for a project or even finding clients among the people in the shared office space.

2. Working at your own pace
Co-working provides freedom for the worker. One can perform his work at his own pace without having to answer to others. This may seem to be a risk to efficiency, but in many cases helps productivity.

3. Freelancing
Co-working spaces help freelancers network with other people who hold similar jobs. It’s easier to land a new project if you’re well-networked among peers.

4. Avoiding loneliness
Working alone can be lonely sometimes. It can also lead to a monotonous work life. It can create inefficiency in work, leading to boredom for the worker. Co-working space provides interaction with other workers which can motivate an individual to work harder to achieve their goals.

5. Greater market reach
Joining a co-working space provides opportunity for a person to reach out to the people involved in the same businesses as them. It provides a platform for people to showcase their work and grow their reach. Co-working space helps individuals to also recruit new talent from the market.

Co-working spaces are more than just places to work. They provide networking, recruiting, and investment opportunities for startup, freelancers, and smaller companies. In Nepal, spaces like these are becoming very popular among young people and ex-pats. Co-working will become a big part of the way we work in the future.

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