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Co-Working Spaces

Updated: Oct 24, 2018



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Co-working spaces is a lucrative trend that is hijacking the free-lancing economy of the country. Its an upcoming trend which deals with division of a space into smaller parts and renting it to different free-lancers, entrepreneurs and small offices such that each space within the same roof could be used by multiple people and offices.


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These spaces have in a way brought a revolution in the renting system of most metropolitan cities today where people are suffering from a major space crunch for setting up an office with limited funds. Although the services are shared for each of the space, the spaces are privately owned.


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Talking about the services in a little detail, a co-working space caters the need of a clean table, access to WiFi and some perks like coffee and snacks. However, you may have to pay extra for printing, copying and meeting/ conference rooms.


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This trend has been welcomed very profusely by the general public since its a great platform for bringing intellectuals in touch with each other vitally and giving them a chance to expand their work prospects as well.


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The major suspects of this scenario are:

1) Free-lancer

These spaces give the free-lancers a sense of freedom as well as the necessary isolation they desire. There are no strict working hours in this shared community space, also they are no more forced to sit back alone at homes or in coffee shops to work.

2)Startups

Startups always look forward to something that is easy on their pockets and relieve them from the commitments of office lease or rent. They enjoy the flexibility of the space since they get to interact with other startup and maybe even are able to expand their business.


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Not only participation is being observed by industries of a relatively smaller scale, a lot of bigger offices have also started to support the idea. In the bigger offices, co-working spaces have been created for different departments functioning for the same office where the interaction is increased by initiating team-building activities within the office space. Bigger offices have also started renting out a few benches for a similar purpose which results in an extra income.


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There are three major types of sitting arrangements which are used at such spaces as listed below:

1) INDEPENDENT CABINS

Independent cabins are private cabins for each team and are used by only that particular team for their use. This is the most expensive option of all the three available options


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2) FIXED DESK SPACE

Under such an arrangement, a person or a team shares the desk with another team or person however, their desk and seats remain fixed and do not change on daily basis.This option is cheaper than an independent cabin but is relatively expensive than a floating desk space.


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3) FLOATING DESK SPACE

Such type of arrangements involves rotation of desk at daily basis. The user does not have the liberty of having a particular desk space for their regular uses. This is the cheapest available option.


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An idea like this has brought with itself a new culture in the offices where we can see a mix of those in deep focus at private desks and others striking up engaging conversations at large shared tables. This culture holds the capacity to transform the office atmosphere and welcomes positive vibes in the office environment. Also, since these spaces bring a big draw in the costs, this idea is being largely propagated.


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