The popularity of flexible and co-working office spaces is growing and traditional ideas of what an office space should look like continue to be challenged. What makes the right match for you depends on a) company form b) job approach c) company goal or goal and d) the budget you have in hand.
Traditional Office Spaces Vs. Coworking Spaces
Both traditional offices and coworking spaces come with their own merits and demerits in each of these four regions. We describe the most significant differences between the two in order to help you decide which office space is the best option for your business.
Built for productivity and focus, traditional office spaces are the company’s private headquarters. The layout can be open like a coworking space, but for individuals, you still have the option to split it into cubicles or offices. For group meetings, there are designated conference rooms, and you have total control over the technology and other resources.
Pros of traditional offices:
- Office spaces and meeting rooms offer quiet, professional environments with fewer distractions and scheduling conflicts.
- Traditional offices allow colleagues to form strong workplace bonds with one another, especially given the fact that they know who they’ll be working with each day.
- Working in a traditional office space also provides a consistent and secure routine for employees, providing a structured element that helps employees feel familiar with their work environment and content with it.
- Client-facing professional environment. For clients, confidentiality and privacy are maintained.
Cons of traditional offices:
- Less opportunities for networking. There are less options for networking with people outside the industry.
- From separation. Cubicles / individual offices establish barriers between workers, deterring cooperation and contact between them in essence.
- People who work in the same office every day can become too familiar with the atmosphere in which they work. This can lead workers to believe they are doing too much of the same thing without a change of scenery, leaving them feeling burned out and rolling down.
- Long-term commitment. Sometimes, traditional offices come with long-term leases.
Coworking spaces also have an open-concept layout and are shared with everyone who is a space member. The spaces are typically filled with comfortable chairs, shared technology such as printers and Wi-Fi, and even free coffee, to maintain an environment of collaboration and communication.
Pros of coworking spaces:
- Varied space for work. Coworking spaces allow individuals within the area to move around.
- Cooperation and opportunities for networking. There are also opportunities to meet individuals you may not otherwise have met.
- Working in a shared office space makes it possible to work flexibly, with less routine and structure, which can support productivity in turn.
- In your fee, costs such as utilities, renovations and furniture are all included. High up-front expenses or lengthy-term obligations do not occur. Depending on the room you choose, you can pay month-to-month or choose a different plan.
Cons of coworking spaces:
- Less expensive options are available. Although co-working spaces tend to be more affordable than traditional workplaces, they are still more costly than working at home or in a coffee shop.
- Crowded countries. There are tonnes of people around, which might be distracting.
- You share with other co-working members resources and meeting spaces, so you may not have those assets available whenever you need them.
- If you want to show a professional brand image, the space may not be the ideal place to have a meeting with clients.