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Why Coworking is Rising in Popularity
Posted by Insightlink on 05/26/17
The demand for shared offices and coworking space is on the rise with the total coworking market currently standing at around $20.5 billion. More businesses than ever are looking towards a flexible way of working in order to reduce costs, increase agility and offer more options to their teams.
Coworking is said to improve productivity, with 71% of workers saying they feel more creative in a coworking space and 68% saying they are able to focus more. Instant Offices have taken a look into the benefits of coworking and how to choose a space that will meet your needs.
What is a Coworking Space?
Also known as shared office space, coworking gives SMEs, entrepreneurs and freelancers access to all the facilities and perks of conventional office space without the cost of a lease and all the hidden extras that go with it. Coworking enables people to work independently in a space with shared values and a defined culture, and is increasingly being adopted by larger organisations too.
Rising Popularity of Coworking
According to research conducted by Instant Offices and CoreNet Global in a report titled ‘Coworking, A Corporate Real Estate Perspective’ , the number of coworking centres is projected to total more than 26, 000 by 2020.
The total coworking market currently stands at around $20.5 billion.
Benefits of Coworking and Shared Office Space
• Cost effective – only pay for the space you need
• Office Amenities: Most spaces will be kitted out with standard office equipment but be sure to enquire about anything extra, like conference facilities, phone rooms, private spaces, projectors etc.
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AboutInsightlink Communications are experts in employee survey design, data collection and analysis. Since 2001 we've helped companies of all sizes measure and improve their employee satisfaction and engagement.
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