Are coworking spaces in the suburbs part of your future?
The typical office working environment is evolving as businesses shift their attention towards our suburbs. This new world of constant restrictions and the rise of coworking space has recently forced companies to reassess whether a central office is efficient or even necessary. We are seeing a shift in the way we work and where we work so in this post we consider the role coworking spaces could have in your local suburbs.
Working from home has become the new norm for millions of Australian office workers. It has been a win-win for so many – making a work-life balance more attainable; no longer do they have to spend hours commuting in traffic; and they can work wherever and whenever it suits them! But working alone brings its own range of concerns over the long term. Could the shared work space in the suburbs be the solution? After all, studies are proving their potential to benefit business, the individual, families and the wider community.
Coworking spaces have been on the rise as companies seek to make smarter use of their empty city-based offices. However, could we see the rise of working from home converge with the rise of coworking spaces? Could this result in coworking spaces in the suburbs? We’re hoping so – as it will be a win-win for many – corporations, small businesses, families and local communities.
Could we see the rise of working from home converge with the rise of coworking spaces?
What are the benefits of coworking spaces?
The concept of shared work spaces has been evolving since 2015. They are a product of the pre-Covid era. In the USA corporate organisations were creating coworking spaces amongst their permanent workers. A percentage of the occupants were employees of the company but the remainder were freelancers or people from outside the company. The experiment showed that temporary teams were working better and faster with greater satisfaction and engagement.
Research has shown that participants in shared workspaces are developing new skills faster, making more connections, and feeling inspired as new ideas come more easily. People just seem to thrive when working together in a shared space with other people who are working on different things.
Reports are showing that people who work in coworking spaces are experiencing:
- improved productivity
- reduced distractions
- less travel stress
- increased creativity
- new found purpose in their work
- deeper connections with those around them
What are the added benefits of smaller coworking spaces in the suburbs?
Up until recently, coworking spaces were mostly located in city centres and in large office buildings that still required the daily commute. Workspaces are being sought outside of these metropolitan hubs. Suburban satellite offices are becoming the new favour. But we are anticipating a greater shift to the suburbs as employees have settled into the “working from home” requirements of the Covid restrictions era.
We are anticipating a greater shift to the suburbs as employees settle into the “working from home” requirements of the Covid restrictions era.
Employees are reporting that they feel a greater sense of control over their workday and there is recent evidence that states a smaller coworking space is better for mental health than working from home. The benefits we are expecting to see from smaller coworking spaces in the suburbs are:
- more opportunities for collaboration
- drawing inspiration from others not connected to what you do
- building strategic alliances
- getting access to equipment and resources that were otherwise unattainable
- less overhead costs
- more time to enjoy life outside of work
- creating a wider network of local business connections
- stronger connections with other local workers
- increased involvement within local communities.
Are coworkers happier and healthier?
Many home-based business owners have been working from home for the past decade or longer, for the convenience and affordability it offers. But what happens when this setup doesn’t offer an opportunity to cowork?
Isolation and loneliness are a concerning factor in the mental health of home-based businesses. Also showing to have a significant impact on productivity. The “laptop lifestyle” has fueled the idea of working away from the traditional workspace. Taking work with you and varying your surroundings while you work. But it still fosters an element of isolation and a disconnection while “at work”.
But this shift in attitude towards coworking in shared spaces could see a new movement with micro business owners and solo-preneurs coming together to work, and not just during local networking meetups.
This shift in attitude towards coworking in shared spaces could see a new movement with micro business owners and solo-preneurs coming together to work.
New websites and platforms like SpareBizSpace are making it easier for micro, home based and small businesses to share their spare business space with a wider network. It creates an opportunity to earn additional income from a short term hire of their space without the long term commitment of renting.
Is the future of where we work being redefined?
The coworking space is proving to be a popular trend in workspaces. Coworking spaces grew from the idea that they would provide more opportunities and help people better together. Coworking spaces suit every type of business person.
With coworking suburban environments quickly becoming the norm, it might be time to have a look at your space or office. Do you have a large empty area where extra desks could be set up? Or dedicated photography areas, a work shed or a beauty and salon facility? If this sounds like you, or if you’re looking to source this kind of working environment, there are organisations committed to helping you find the perfect, flexible shared workspace.
With coworking spaces also on the rise, websites like SpareBizSpace are making it easier for micro, home based and small businesses to share their spare business space with other professionals who need an affordable place to work – without all the expensive overhead costs associated with running your own physical location.