Coworking has been in existence since 2005 and really started to progress in 2010. Since then, we have seen coworking spaces open all over the globe, and for good reason. Since the pandemic, shared coworking spaces have become more important than ever for remote workers, entrepreneurs, and small businesses of all sizes. There are many workers who simply can’t work from home for many different reasons. That’s where flexible workspaces come into the picture.
There are many benefits to coworking, especially as our gig economy strengthens and much of our workforce has now transitioned to remote work.
The Community.
Humans are not meant to be alone. When coworking, we build relationships outside of our family that provides us the connection we need to thrive physically, mentally, and professionally. Julianne Holt-Lunstad, a psychology professor at Brigham Young University in Provo, Utah, says it’s been long established that loneliness can lead to a wide variety of mental — and even physical — ailments that can cut short people’s lives. She and others have shown how long-term loneliness can lead to cognitive decline, speed up dementia, increase blood pressure, weaken immune functionality, and increase inflammation.
Flexible Workspace.
Do you have a big project coming up and need to hire a few more people, but don’t have the room to accommodate? The top two expenses in operating a business are employees and rent. By choosing a coworking space to work out of, it gives the business ability to flex when needed.
Professional environment.
Many coworking spaces also have ‘virtual office’ offerings as well that allow you to have the professional presentation of an office without having a physical space. Some also include professional conference room spaces to host client meetings.
Improved Productivity
Let’s face it, working from home does have its perks. But it also has some distractions. Think, fridge, barking dogs, kiddos, house mates. Surrounding yourself with others concentrating on their goals and workload is great inspiration.
Work / Life Balance.
At the end of the workday, when you walk out the door at night, you can shut down your work brain and engage in your home life brain. This enables you to have more relaxation and less burnout.
For more information on the benefits of coworking, we invite you to come to take a tour of Liberty Lake Coworking. You can book a tour or give us a call at 509-255-7763.