Coworking Spaces vs Serviced Offices
If you are an entrepreneur, creative freelancer or startup, it’s crucial to choose where you want to start your business operations. When you research, you will get to see a lot of options on the go.
Among the variety of options, two of the most popular ones are coworking spaces and serviced office spaces. These both offer a physical space with a host of benefits as per your convenience and comfort.
Here, we take you through both these types of spaces keeping the advantages and disadvantages clear and simple.
- The Design
Coworking Spaces have a more relaxed atmosphere especially the branded ones like 91springboard, WeWork, Innov8 etc. Their main aim is to encourage collaboration among like-minded individuals. The amenities offered here are contemporary, up to date and have a creative bend in their unique style.
Serviced Offices offer a more professional look. The mood is somewhat monotonous which allows one to feel more independent, quiet and productive at work.
2. The Workspace
Coworking Spaces have an open concept floor plan, resulting in an easy collaborative environment. They add modern amenities like the quirky lounge, pool tables, cafeteria and even nap rooms. You have a variety of options to choose from- hot desks, dedicated desks, private cabins and day pass. There is utmost flexibility according to particular preferences.
A service office space is fragmented into cubicle style desks, private cabins and compartments usually. They also offer meeting rooms, events spaces and kitchen areas just like coworking spaces.
3. The Cost
Coworking spaces come in a wide variety of prices. Some concentrate on offering you the premium feel but some on budget-friendly options. Options include day passes, private cabins, dedicated desks and hot desks can be chosen according to specific requirements. All in all, it is a flexible option entirely.
On the other hand, serviced offices are costlier than coworking spaces. Generally, these offices offer a full-time contract, meaning you are sealed into a year’s contract with them.
4. The Culture
Coworking Spaces present a collaborative culture for entrepreneurs. These spaces onboard a community manager who is responsible for hiring new employees, taking care of the dedicated space and boosting the community spirit all around. Fun events like yoga classes or get-togethers are regularly hosted here. A coworking space comes in many forms with each operator injecting his creativity into it.
Serviced offices have teams of all sizes- from small to medium to large. You would find them all in one place. The companies work in such offices either for a long term project or relocation purposes. But such spaces do not designate any community manager or member.
Which space is right for you?
From the above points, you must be clear about the differences between coworking spaces and serviced office spaces. But if still, you are not sure about the correct fit for you, then you should ask the following questions before proceeding-
- How frequently do you require office space?
- How much space do you require?
- How long do you need the office space for?
- What all facilities do you require in the office space?
- What’s your budget for the office space?
Choosing the right kind of space for you is a big decision to make. Analyse the above questions and research as much as you can. In this fast-paced world, there’s an office space for each size of business. You just have to hit the right one!
