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Why Coworking Spaces Are So Perfect For Bay Area Business Owners

Posted on Jan 7, 2019 9:00:00 AM by Ryan Ring

Why Coworking Spaces Are So Perfect For Bay Area Business Owners | 580 Executive Center

Coworking spaces are one of the many changes that have been appearing in the modern business world.  As our society becomes more intwined with the internet, the need for a traditional office space is becoming a thing of the past, and people are starting to search for new solutions that better fit their needs.

This is especially true in the San Francisco Bay Area. As an innovative leader, the Bay Area is often the first to showcase these new methods and practices, including non-traditional workspaces, such as coworking, and although these innovations aren’t always a hit, coworking has definitely made its mark as a smashing success in the Bay. So what is it about coworking that Bay Area business owners are loving so much? Well, there are a few reasons why this new way of working fits their needs perfectly. Here are a few of the most common reasons coworking is becoming so well loved in the SF Bay.

Networking and Community

If you’ve never owned a business (or worked as a contract worker, for that matter) you might not know that it can at times be somewhat isolating. Stepping out on your own in a new venture and becoming your own boss is something to be proud of, but it does mean that you’ll either be on your own for a while, or you’ll need to work on surrounding yourself with people who can help. This can be a daunting task for some people, but coworking has solved that issue for a lot of the business owners who chose it. Coworking spaces are usually full of people from many different industries, with all types of skill sets that you can meet, network with and learn from.

Reputation

Starting out with a new business, you’ll need somewhere to have packagaes sent, and a business address to give out. Many business owners make the mistake of giving their home address out, which can be risky. Signing up for a coworking space also comes with the added benefit of a professional business address that looks impressive to clients that Google it. This can boost your business’ credibility and can help clients feel more at ease about giving you their business, since it’s clear that you’re serious about what you do.

Cost Effectiveness

Last but certainly not least, coworking is a great choice for business owners who are concerned about the rising rent costs in the San Francisco Bay Area. And let’s be honest...isn’t that all of us? As the cost of rent skyrockets all over the Bay, coworking provides the perfect solution for a business owner who doesn’t want to work from their own living room, but can’t justify paying a huge rent cost, just to sit in an office suite alone. Everything you could need to get any task done is included in your membership, so you’ll never have to waste money on an oversized office, or make an “office” out of your kitchen table.

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Topics: Coworking