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Got a new job offer? Your next workstation could be a coworking space by Financial Express

ARTICLE SUMMARY

From an individual’s perspective, what are the benefits and advantages of co-working space?Coworking spaces are gaining momentum across the country and as many as 13 million people, equivalent to the current population of India’s Silicon Valley Bengaluru, are expected to work out of such offices across India by 2020 as per a JLL report.

The demand for flexible offices including co-working spaces and serviced offices is growing faster in the Asia Pacific region than anywhere else in the world and rightly so.

Some key advantages of working in a co-working space include:Hassle-free and cost-efficient infrastructure: Coworking spaces allow businesses and individuals to work in a fully equipped office space without having to worry about setting it up.

Flexibility: Since co-working spaces are unlike strict traditional offices, members get more flexibilities.

Value-added services: Coworking spaces offer more than just office spaces.

Generally, who prefers co-working spaces? Any specific profession where the trend is to go for such an arrangement?Co-working spaces have rapidly grown from their humble origins mostly catering to freelance professionals and startup businesses to attracting the biggest of enterprises today.

Any hidden costs that potential users need to be aware of?Potential users must understand the pricing model of any co-working space before choosing their right partner.

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