With many benefits to using a coworking space, the #1 benefit may be how it benefits your business's bottom line. In an article on CoworkingResources.com, the author lists four economic benefits of coworking spaces.

Coworking Supports Creatives

Coworking spaces provide a place for small businesses to thrive. The coworking spaces are cheaper than renting a private office to the companies in their beginning stages. Those small businesses bolster creative spirit in local communities and increase employment opportunities, which in the end puts money back into their communities / local economy.

Eliminated Financial Obstacles

As mentioned above, coworking spaces tend to be less expensive than traditional private offices. Small businesses, or people who want to start a business, are often discouraged by the overwhelming overhead costs. Coworking provides the flexibility, in packages and amenities, that these businesses need to flourish.

Retains Local Talent

Coworking spaces keep the innovative, entrepreneurial talent in the community. Rather than heading towards a bigger city, the talent can stay in their place of origin or desire. 

“Without coworking offices, many of these daring creatives who possess the wherewithal to start their own ventures would have to relocate to bigger cities where their skills and passions would be diluted by a larger population.”

These innovative and entrepreneurial people and businesses can stay in their local communities to pursue their passion. 

Employs Small Businesses

Coworking spaces often hire local restaurants and coffee shops to supply their spaces with all the coffee and food it needs. Some coworking spaces have even been able to exchange coffee for interior design or legal services to the coffee shops, by involving the people working in the space. 

 “Coworking spaces attract the kind of trustworthy, selfless person that can help collaborative consumption succeed. In a coworking environment, the sharing takes place on a more personal level than in any other kind of work environment, which helps the people in this environment see that there are countless more opportunities available to them when resources are shared. By fostering connection and collaboration, coworking spaces help people gain new skills, save money, and see the world in a brighter light, one that attaches importance to everyone’s contributions.”

Published in Coworking Blog

Are you starting a business? 

If so, you probably don't have the funds or time yet to get your own office space and the amenities that come with it. 

Many new business owners and startups need flexibility in the beginning stages. Coworking spaces offer an affordable place to grow your business. But if you are not ready to commit to a reserved desk or office space, but need the amenities a shared office offers—consider a virtual office membership.

What business support does a virtual office membership provide you?

1. Business Mailing Address

Here at Work Hive, this is the main benefit many of our virtual office members are looking for. Virtual office memberships offer a professional mailing address in a desirable, downtown zip code. Virtual office members gain a physical business location without committing to a lease. This can also ensure your business isn't connected with your home address as you register for a business license.

2. Weekly Mail Forwarding

Virtual office members can choose to have any mail received for their business forwarded weekly to them, wherever that may be. Scan to email is also an option if you prefer getting your mail more quickly.

3. Access to Conference Rooms

When you become a Work Hive virtual office member, you can access our conference rooms for client meetings any time you need. Virtual office members get discounted access to our conference rooms and discounted day passes as well. You can meet with your clients or employees in a professional setting, only paying for the office when you need it!

4. Quick and Easy Set Up

Whether you live near or far from Salt Lake City, Work Hive can easily set up a virtual office membership for you. If you live in a different state, it’s not a problem because everything can be completed online. It takes just a few minutes to sign up online. Once you've signed up, the Work Hive team will reach out with a short form for you to fill out. The form will need to be notarized, or signed in person at Work Hive. After that, you’re set up and ready to go!

5. Cost-Effective

Virtual office memberships save you from renting a commercial space, paying utilities, and buying furniture and equipment. With all the money you will save by choosing a virtual office membership, you can invest it back into your business and its future expansion.

 If a virtual office membership sounds like a good fit for your business, visit Work Hive’s membership page to sign up today!

Published in Coworking Blog