Real estate is a great long-term investment, but if you’re a small business, purchasing your own commercial building might be outside of your budget. Furthermore, renting commercial space can also have a hefty price tag with lengthy lease terms, especially if you’ve just started your own business or if it’s in the early phases of growth.
Enter the opportunity to lease coworking space. What exactly is coworking space? It’s a membership-based workspace where professionals from varying industries and backgrounds can work together in a community-type setting that has individual desk space and shared common spaces and amenities. This means, for one monthly lease price, you and your business have access to things like print stations, Wi-Fi, a conference room, kitchen/bar area and other important assets that you don’t have to purchase on your own; it’s a one-stop, plug-and-play environment. Plus, oftentimes, leases can be month-to-month rather than committing to six months or a year.
Additionally, you and your employees will have the opportunity to be part of a larger community of professionals that can foster collaboration and innovation, leading to new ideas and greater productivity. This can be extremely helpful if your company is working on a creative project and struggles to generate new ideas/gets stuck in the brainstorming process. More minds working together can lead to greater accomplishments.
The benefits of coworking space are abundant. If you think you’re ready to make the move to a coworking space, or at least willing to check it out for yourself, call CapCity CoWorks today! Please reach out to Melissa Martino at 646-572-6473 to schedule a tour, or fill out our contact form.