How to Choose the Best Coworking Space

Business Tips
Choose the best coworking space

Hub Australia

24th September 2018

Everyone has different needs when it comes to a workspace, and there’s no such thing as a one-size-fits-all office. Every worker and entrepreneur values different things; sunlight, coffee, quiet spaces, socialisation – it’s impossible to find a global solution.
By design, coworking spaces offer a variety of solutions and areas, using the people-power of shared space to give better resources than a private lease may be able to provide.

There’s a lot of factors when it comes to choosing the best coworking space for your growing business, and it’s an important decision to make.

Sit down with your team and find out what their priorities are in a workspace, and what facilities and features you consider to be essential for you to grow your business.
The cost of private leases is one reason many choose to work from home, turning their loungerooms into offices – the rise of coworking spaces in Australia allows an affordable alternative for these entrepreneurs and growing businesses.
 

Location

For many smaller teams, the cost of a central location alone could be prohibitive – coworking spaces such as Hub Anzac Square allow people to have their own workspace in a premium CBD location. With most coworking spaces choosing locations based on their proximity to a city’s top amenities, transport options, and the best each city has to offer in terms of dining, shopping and more.

Read more: Coworking vs Working From Home

 

Transport

With more people using public transport in cities, many businesses find it important to be within the range of a host of public transport options. This is especially a priority for those who have regular meetings and external guests. Car parking is also a value-add available in some coworking spaces at an additional cost, but with so much great public transport around, it’s usually cheaper and easier to leave the car at home!
 

Professional Development

Hub australiaDo you want to work at a space that has in-house opportunities to learn and upskill? Hub Australia’s clubhouses often feature speaking and events designed to help members grow their knowledge in a variety of areas, such as branding, tax, and HR, run by both fellow members and external connections.
All of Hub Australia’s professional development Hub Talks sessions are free of charge and available to the public, making them the perfect opportunity to visit Hub before you make your decision – contact us to find out about the next event and reserve your space.
 

Networking

Some coworking spaces have a very defined niche in one business segment, which can sometimes mean you’re sharing a space with many of your direct competitors. The best coworking spaces are diverse, such as Hub Australia, and provide access to a network of business owners and small companies across a range of specialties and areas, allowing you to connect and form mutually beneficial partnerships.

When you’re looking for your new space, make sure to ask about the other member’s companies.
Read more: 7 Ways A Small Business Community Can Help You Grow

Facilities

Coworking spaces offer much more than a desk – every space offers different amenities, but it’s important to find out what they are, as each adds a different amount of value. Printing facilities, fast internet, and clean spaces are essentials in any workspace, but extras such as meeting room access, full member kitchen facilities, and an in-house café provide extra value to individual employees as well as their businesses.

Read more: 7 Mistakes Business Owners Make When Choosing an Office Space

 

Tone

Finding a coworking space that reflects the reputation and brand of your own business is essential, and can also have the positive effect of improving your clients’ perception of your company. With some coworking spaces such as Hub Anzac Square, for as little as $350 a month you can have access to a beautiful plant-filled architecturally designed space, along with meeting rooms and cafés to invite your clients to for a proposal or chat over barista-made coffee.
 

Flexibility

All of the best coworking spaces offer flexible options, so that whether you’re after a desk once or twice a week,  a dedicated space you can access 24/7, or a private office for the next 3 years, there’s a solution available. Coworking spaces also offer day passes, which allows you to extend a membership or invite an external teammate in to work alongside you for a day.
 

Cost

Coworking spaces offer considerable savings when compared to a private lease, but you still have to make sure you can afford the coworking option to make the most of it. If you’re a freelancer or entrepreneur, you might consider starting on a flexible 24/7 membership for a month to see how much you use the space before committing to your own Dedicated Desk space or Private Office.

For larger teams, it’s worth researching testimonials from existing members and talking to the team that runs the coworking space to find answers to all your queries before you sign a contract.

Some coworking spaces even do bespoke offices, so you can design your office to suit your team.

Read more: Coworking Trumps Traditional Leases with Possible Savings of up to 25%

 
If you’re looking for the best coworking solution for your growing business, Hub Australia can work with you to help you choose the right fit. Book a tour at one of our locations today.