Tusity

30 Sep , 2022 - coworking

Decades ago, the most important rule in most companies and businesses was face-to-face: working from the office was an obligation. Fortunately, society and the business world have evolved and remote work exists. However, many small businesses or startups that are growing need a larger space in which to work as a team. In these cases… What is better? Coworking vs traditional office. 

Coworking vs conventional office

Deciding whether a traditional office or a coworking space is better depends on many factors, but mainly on the needs of the company and its philosophy and work model.

A coworking is a collaborative work space in which entrepreneurs and people from different professional sectors often meet. It is, therefore, a work environment designed to strengthen relationships and networking. Therefore, if your company needs extra privacy due to the sector in which it operates or is simply more conservative and very suspicious of the day-to-day running of the company, then the private office is your best option.

If you are not sure about the type of workspace you need, perhaps it is time to ask yourself some questions that will help you decide. For example:

Answering these questions can be a first aid in deciding whether to work from an office or a coworking space. However, there are other very relevant aspects that are purely economic. Let’s talk about it below.

Costs of a coworking

The costs of a coworking are usually lower than those of a conventional office. First, you don’t have to rent the entire space, you just have to pay to use the space. The cost will vary, for example, depending on whether you choose an individual or shared desk, as is the case in our coworking spaces in Las Palmas.

Nor do you have to pay for basic office supplies such as electricity, water or Internet. In addition, many coworking spaces offer, for example, free coffee, water and some snacks.

On the other hand, forget about having to worry, for example, for a security system for the office. In short, if you work from a coworking space, your only concern daily will be getting to work, working for a few hours and leaving, you won’t have to think about anything else at all.

Traditional office cost

Now let’s see the cost, obviously higher, of having a conventional office. These are the most common expenses in a traditional office:

Considering everything that we have mentioned throughout this post, obviously the cost of a traditional office is much higher than that of a coworking, so it will be necessary to have a budget to cover these expenses.

office furniture
A new office requires a significant investment in furniture / Image by Jose Losada  on Unsplash

Difference between private office and coworking

Beyond the economic cost of having a private office or having access to a coworking space, there are many other differences between both workspaces.

Flexibility

In a coworking, you can enter or leave at the time you want, choose a different place every day if you wish, or have a meeting room at any time.

In the case of the office, you have more flexibility, for example, to decorate it to your liking from the beginning, but precisely because of the investment involved, it is most likely that you will spend years with the same furniture and the same distribution. Also, if it is too small for you, you will have to move to a larger space.

Focus on your project or business

One of the great advantages of working from a coworking space is that you don’t have to think about things like always having coffee, paying for electricity and Internet, resolving problems, calling the maintenance team because the air conditioning doesn’t work…

Not having to think about all the essential services of an office allows you to focus on what is essential: achieving the objectives that you have set for yourself with your project or business.

What about the location?

One of the aspects that can make having a private office more expensive is its location. If you want to be in one of the best areas of the city, the cost per square meter is higher, in addition to greater demand. Therefore, it is more comfortable to work from a coworking, since the offer of central locations is much broader and cheaper.

In addition, working from the city centre not only has an impact on your image, it will also probably be much more comfortable for you and the rest of the team, since both the availability of parking and public means of transport or taxi is more extensive.

meeting room
The meeting rooms are a good option for networking and closing deals / Image of LinkedIn Sales Solutions on Unsplash

Network and close deals

One of the main differences between an office and a coworking is that the former is a more closed space, where only members of a single company go. However, coworking, being a shared workspace, gives you the opportunity to meet other professionals with whom you can establish agreements and synergies and even attract new clients.

On the other hand, sharing common areas in coworking will not only make day-to-day life in the office more enjoyable, but will also strengthen your relationships and professional skills.

Whether you are a freelancer or an entrepreneur, we hope that these tips have helped you when deciding if a traditional office or coworking is better. In any case, at Tusity we also have a private office for groups in our coworking spaces in Las Palmas, so you can enjoy the best of both workspaces. Contact us for more information.

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