The Reason Behind Immense Popularity of Coworking Spaces Among Corporate Sector

November 20, 2019
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Paul Petersen
Posted in Business
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The Coworking spaces have been getting more and more popular across the world and people from numerous sectors including corporate sector are increasingly getting motivated towards Coworking. They appreciate the flexibility of Coworking spaces which provides unique non-office atmosphere along with the essential amenities required for progressive and productive work such as internet, printing, collaboration, creativity etc. Above all, the established Coworking spaces which have been serving the purpose for a long period have been helping the small and growing business houses especially the start-ups with exploring new market and clients for their business. The Hive Coworking space is one of the leading Coworking space service providers which takes special care to promote the interest of small as well as growing and start-up business houses including large companies.

However, when Coworking space comes into the picture, many people think that Coworking space is basically useful and used by for the freelancers who typically work from home, or small and start-up business companies who do not want to spend extra money for office purposes. But the truth is that the Coworking space is immensely useful for anybody who wishes to get the abundant advantages of Coworking spaces. In the present context, more and more big corporate houses have been using the Coworking spaces in order to get the numerous business advantages that are generated in the Coworking spaces.

The technological giants across the world such as Microsoft, IBM, Verizon etc. are in the process of testing the Coworking spaces and their usefulness, particularly for the start-ups. Besides these technological companies, many other big corporate groups such as Starbucks, Salesforce, Facebook, Bank of America etc. have been using the Coworking spaces of the growth of their business. As per the report of one of the largest Coworking spaces “WeWork”, 25% of their annual revenue comes from around 1000 employees of big business houses.

The small and growing business companies, along with the business start-ups as well as big business houses are increasingly moving towards Coworking spaces because of advantages such as the collaborative and social elements of Coworking spaces which eventually helps them grow their customer base and expands their business in new markets. In addition to this, the flexible working environment of Coworking spaces eventually provides a relaxing atmosphere for the employees of small and big corporate houses to interact with people from varieties of people in the Coworking communities. This ultimately creates opportunities for them to explore new ideas and talents which not only improves productivity but also helps abundantly to grow the business.