When Are Coworking Spaces Worth the Money in Singapore?

When Are Coworking Spaces Worth the Money in Singapore?
August 10 15:50 2018 Print This Article

A lot of people choose to freelance or build their own business simply to get out of the rat race that exists in our modern offices, only to discover pretty quickly that working from home or a local café is anything but conducive to productive work.

That’s where co-working offices and co-working spaces come into play.

These kinds of spaces give you all of the benefits of modern office life without any of the drawbacks, allowing you to come and go as you please with a dedicated workspace that you know will be ready and waiting for you whenever you arrive.

There are other big benefits to taking advantage of co-working spaces in Singapore, and if you’re thinking about taking the plunge and investing in a space like this you’ll want to make sure that you read the details below.

The structure of these spaces is always important

It can be difficult to transition from laying about around the house to getting serious work done when you are trying to do both in the same spaces, building your business from your bedroom, for example.

Keeping your work life and personal life separate gets a lot easier when you take advantage of the structure that co-working spaces offer.

Studies show productivity goes through the roof

A number of studies have conclusively shown that the productivity of entrepreneurs improves by between 64% and 90% when you are working in a co-working space compared to when you’re trying to get work done at home, at the café, or in a local bookstore.

There’s just something about being in a space that is so clearly established for conducting business that helps you keep your eye on the prize, helps you feel more accountable, and helps you to focus on your business rather than whittle away your time on other things around the house.

Networking opportunities improve as well

The life of an entrepreneur and freelancer is lonely enough as it is, and co-working spaces are a great way to push back against that isolation that is so common.

Co-working spaces eliminate a lot of the office politics, a lot of the unnecessary social interactions, and a lot of the rat race aspects that so many of us were looking to get away from while at the same time make it easy to connect with like-minded freelancers and entrepreneurs that we can genuinely get to know and enjoy.

You’ll also be in a dedicated space for working on your business and your projects, right alongside people that are trying to achieve the exact same thing. It doesn’t take much to network with these like-minded entrepreneurs, and the connections that you should be able to make in a co-working space may be just what you need to take your business to the next level.

The flexibility of is nothing short of spectacular, either. At the end of the day, they give you all of the office benefits you are after with none of the drawbacks as well as the ability to fold up shop and move on to another co-working space in Singapore whenever you like.

It doesn’t get much better than that!

About the Author

Morris Edwards is a content writer at CompanyRegistrationinSingapore.com.sg, he writes different topics like Why consider coworking for new startups, Why Co-working is Flourishing in Southeast Asia and all topics related to Singapore Economy and Doing Business in Singapore. Visit our website for more info about setting up a company in Singapore.

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