Thanks to the rise of the gig economy, freelancers, entrepreneurs, and startups are finding co-working spaces more attractive than ever. It’s for a good reason: co-working spaces offer fully equipped offices with more flexible rental arrangements than a commercial lease, where you can rent by the hour or day, or by the number of desks you need.
We’re seeing a massive trend in co-working spaces, with new ones opening every week. The appeal is twofold: community and affordability.
Private office space can be expensive, and while you’re building your company into something more cohesive or simply looking to get out of the coffee shop where you’ve grown roots at a particular table, co-working space could be the answer. However, any work arrangement must be carefully considered, so here are some of the advantages and disadvantages of co-working offices.