WHAT IS COWORKING?

Coworking offices have been popping up everywhere recently, and the trend only seems to be on the rise. But what exactly is a coworking office and how does it differ to other options like serviced offices?

What are Serviced Offices?

Serviced offices have been around for years (they’re sometimes known as managed offices or business centres). You rent an office in a building and have use of shared facilities such as a manned reception desk to greet your guests, photocopying, kitchen, and also have access to book meeting rooms. The office will often come with furniture provided, and internet and phone lines ready to use. There will often be various different sized offices available, so that as your business needs change you can change the size of your office so that you are only paying for what you need when you need it.

Depending on the office provider you may be charged extra for phone lines, WIFI and other amenities, or even to have your business name listed in the reception area

What are Coworking Offices?

A coworking space often offers different options to a Serviced Office, such as the ability to pay for a hot desk, or a fixed desk, in a communal working area with people from other like-minded businesses. Coworking offices will often also offer private office space within them too.

There will often be communal breakout areas, soft seating areas, private spaces for phone calls and cafés serving good quality coffee. These offices often appeal to freelancers, solopreneurs and small businesses as they are relatively inexpensive, and you can just take some desks rather than having to commit to a whole office.

The main difference between a coworking office and a serviced office is that a coworking office should encourage collaboration between the different members using the space. Many will have community managers on site who will know all of the different members and will run events aimed at their member community. These events will be targeted to address the needs of their members and could include speakers and networking events to help your business grow to wellbeing events such as yoga classes or massages.

The access to the events programme is usually included within your membership price and so can be a more attractive option that basing yourself at your kitchen table or in the local coffee shop.

Want to know more?

If you like the sound of coworking and are interested in hearing more about Workable, the brand-new coworking office in Stratford, East London then come along and book a viewing. We’re on the 19th floor, so have views across London to die for, and with prices from under £10 a day, it’s a great option for anyone who doesn’t want to venture into Zone 1.