Whether it is a small business, a start-up or an established business, or even freelancers, all of them have heard about coworking spaces. What is this coworking space in Dubai that is getting everyone so excited and how exactly are they different from the regular offices? A coworking space is an office space that you can share with another business organization or even more than one organization sometimes. Read on to find out why such a space could be right for you and your business venture.
No matter what your business type is, you should know about the benefits of coworking space in Dubai. Many businesses still have an orthodox view about running their business and value privacy more than networking. However, in the current day business landscape this rule does not hold water anymore. Shared office spaces are increasingly becoming popular because of the number of benefits that they offer.
Here are some top benefits of coworking spaces:
1. Coworking space in Dubai is highly popular among start-ups and even freelancers. Because it gives them the best of both the worlds. It is a peaceful working space away from home and gives you the independence to work on your own chosen schedule. In Dubai, most coworking spaces are open 24/7. Such spaces create a business community and give you several options to network. You can meet likeminded and motivated professionals to keep you going.
2. If you have smaller teams to work with or you are launching a brand new start-up, it is cheaper to have coworking space because it will drive the costs down and fit within your budget. Some of the benefits that you can look at are that you do not have to sign any lease agreement, need not invest in office furniture and other infrastructure needs, like dedicated Wi-Fi connection and computers. A private office space will require all of these and can increase your investment directly.
3. Research shows that coworking space increases productivity among employees because these spaces are aesthetic. They offer privacy with security and at the same time create a professional atmosphere with various peer groups. Your immediate neighbour in the office space need not necessarily be your colleague. This also cuts down unnecessary gossips and office politics. People feel motivated when they are working in coworking space in Dubai.
4. It is a great platform for networking with other businesses and start-ups. You can share your ideas and leverage on the knowledge and strategy of other businesses that are sharing their office space with you in coworking space in Dubai. It also creates a healthy competition and you will be motivated to conduct your business more efficiently and become more growth oriented.
5. When you invest in a coworking space, you can also benefit from the backup that comes with it. In case your network goes down, you can always take the help of your neighbour’s network so that your business faces no downtime.
The Bottom Line
Coworking space in Dubai could just what you are looking for. It offers numerous advantages to entrepreneurs and start-ups as it is space- and cost-efficient. It is nice to have your private office space, but the benefits and ease of use of coworking spaces are more pragmatic and highly inspiring and motivating.