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How Does Coworking Help Small Businesses?

The day-to-day challenges of keeping your small business or startup afloat can be formidable. If you’re a small business, startup or entrepreneur working from home, have you considered the benefits you could enjoy from a coworking space? Read on to learn why you should swap the couch or coffee shop for coworking.

Interaction and Networking

Working alongside others in different industries provides a great networking experience. Even if their field of work is the polar opposite to yours, coworking puts you near people who might have vastly different skill sets or solutions to problems, allowing you to “pick their brains”. After all, you never know how successful the person you are sat next to could go on to be.

At Avenue HQ there are always opportunities to socialise and collaborate; whether that’s grabbing a coffee or beer at one of our onsite bars, or attending one of our many in-house events. We believe community is a huge part of a successful business, and encourage our members to interact whenever possible.

Professional Meeting Space

Small businesses will always want to project a professional appearance when meeting with their own team, as well as clients or investors. Coworking spaces provide businesses, big or small, with the professional and convenient office space they need, the ability to work remotely as desired and a world class business address. This alone makes coworking spaces an ideal solution.

Cost Saving

Traditional workspaces are always expensive operations to set up – with many upfront and continuous costs to get them running. On top of this, even if you weren’t in the office, you’d still have to keep paying for rent, maintenance, and everything else. Coworking allows you to cut down on these costs: you can just pay for the space when you need it, with one fee only. Using a coworking space also saves you the cost of office furniture, printers and copiers, office kitchen appliances, food, and utilities.

Avenue HQ understands that not all small businesses require the same facilities. We offer various membership plans designed to fit different needs, based on use and group size. Our plans start from as little at £20.

Mental Wellbeing

It’s often said the life of a freelancer or entrepreneur can be a lonely one. Working alone is known to be isolating and can have a negative impact on your mental wellbeing. Interactions in a work environment are an important part of daily life. Though you’ll be working on your own business, a coworking space surrounds you with like-minded people who have picked an independent lifestyle that matches yours.

Here at Avenue HQ we offer our members the opportunity to take part in wellness programmes, which include yoga, meditation and boxing to name a few.

Ultimately, coworking provides flexibility, downsizing of costs, private meeting rooms, heathy interactions with others, a location to impress your clients and the unique opportunity to learn from the triumphs, and downfalls of others, many of which are tackling similar challenges to yourself and your small business.

If you’re interested in becoming a part of our ever growing and inspiring community, click here.

 

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