When starting a business, there are numerous expenses to consider. Office space is one of them. Startups often face the dilemma of deciding to work virtually, rent short-term space or rent long-term space. While startups are unpredictable, you might want to consider a less permanent, yet more feasible solution–coworking. This is why you should consider the pros and cons of coworking.
It is a style of work that involves a shared working environment, yet independent activity. Unlike the typical office environment, a this space is generally shared by individuals from different organizations and professions.
While coworking has its numerous benefits, make sure to consider the negatives before committing to something. This type of shared office space might not be everyone’s cup of tea, so make sure to do your research to find out what will work best for your startup.