Debusting 5 Myths Related to Coworking Spaces

Coworking, even though it’s a very recent development in India, has transformed into an industry with a diverse network of spaces and communities of all types and styles. Even then, people seem to have a lot of misunderstandings about coworking owing to the myths that prevail regarding it. Below are some common myths related to coworking spaces which you must know.

1. Coworking spaces are for small businesses:- When it comes down to business, people have different rules to follow. The same applies to Coworking spaces; some coworking is accessible by all while some are very specific about what kind of businesses can access their facility. This doesn’t mean coworking spaces aren’t for big enterprises or vice versa.

If you want to shift your business to a coworking facility, find a coworking brand like Smartworks which can accommodate big enterprises like yours in their coworking facility.

2. They are extremely expensive:- Opposed to the belief, coworking space is much affordable than renting a traditional workspace. At coworking spaces, you pay the cost of the number of seats you use, which can be cut down or increased later as per the requirement. On the contrary, setting up a new office in the traditional workspace is overly expensive. Even then, enterprises have very limited flexibility to expand or cut down their leased space.

In addition, coworking spaces offer additional IT and connectivity services which make them even more affordable.

1. Coworking spaces are distracting and unproductive:- The general environment at a coworking office is different from the traditional office and more conducive to work. Besides, working at a coworking space offers more freedom and makes people more intuitive about their work.
2. It is the same as working from home: Working from home comes with its own set of pros and cons. It is definitely cool initially but the lack of interaction and movement make it detrimental for your employees’ health. On the other hand, the coworking environment ensures your employees have enough social interactions and movements, ensuring that they are their productive best.
3. Coworking won’t survive in India:- No matter what people say, coworking is here to stay. In fact, some of the biggest businesses such as Facebook, Amazon and even Google are proactively using coworking spaces instead of setting up their own office. As per data collected by MYHQ Digest, the potential market of coworking space in India is around 12-16 million seats. Apart from that, the number of coworking members is expected to rise to 3.8 million by 2020 and 5.1 million by 2022.

So, to sum up, If you’ve been planning for long to shift to Coworking Space, don’t let these myths related to coworking spaces influence your decision. Instead, take a trip to any of our coworking spaces and find out the reality yourself. Shifting to a coworking space can be one of the toughest decisions for any enterprise, but it is also a fruitful one.

Founded in 2016, Smartworks is India’s largest and profitable coworking space provider serving 500+ customers with a presence in 9 leading cities and 23 centres through a footprint of 2.1 million sq. ft (and growing). Smartworks is focused on creatin