Coworking Spaces or Conventional: Why the World’s Biggest Companies Are Sharing Office Space
Last Update: 15 April, 2022•Read: 5 minutes
The largest businesses in the world have enough time and money to take a conventional office – so why are they choosing coworking instead?
Coworking spaces have long been the working style of choice for start-ups, freelancers and entrepreneurs because it’s a cheaper, less committal way of leasing office space. It allows young businesses to operate in a professional environment without the risk of a fixed space and location. With a smaller bond, month-to-month leases, fewer running costs and less management time, coworking spaces are perfect for companies going through growth with uncertainty about what their future holds.
First rocking the office market 10 years ago, coworking offices were seen as a great stepping stone between the home office and a commercial lease. They had an immediate transformative impact on the way we worked and became known as sort of incubators for young business, inspiring unbounded creativity and innovation. In fact, many of the largest tech-based companies in the world began in and grew out of coworking offices: Instagram, Uber, Timehop and IndieGoGo, to name just a few. Coworking spaces have never quite outgrown its association with young creatives, tech start-ups and entrepreneurs – until now.
Coworking spaces have long been the working style of choice for start-ups, freelancers and entrepreneurs because it’s a cheaper, less committal way of leasing office space. It allows young businesses to operate in a professional environment without the risk of a fixed space and location. With a smaller bond, month-to-month leases, fewer running costs and less management time, coworking spaces are perfect for companies going through growth with uncertainty about what their future holds.
First rocking the office market 10 years ago, coworking offices were seen as a great stepping stone between the home office and a commercial lease. They had an immediate transformative impact on the way we worked and became known as sort of incubators for young business, inspiring unbounded creativity and innovation. In fact, many of the largest tech-based companies in the world began in and grew out of coworking offices: Instagram, Uber, Timehop and IndieGoGo, to name just a few. Coworking spaces have never quite outgrown its association with young creatives, tech start-ups and entrepreneurs – until now.
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