With the economy showing a sign of contraction, it is wise for any company to stay frugal and ride it out. Over the past few years, as the economy was growing strong, coworking spaces have gained a lot of traction because of how easily accessible they are while the companies were growing. The opportunities they provide to different companies with the provision of proper working space and helping companies stay flexible during their growth while keeping costs low was tremendous. Coworking spaces have been basically made to allow for the flow of work to remain undisturbed and to allow workers to be as productive as possible.
While freelancers do take up a majority of coworking space (as they do not technically have an office to work in), coworking spaces are also greatly beneficial for startup companies and even for companies in need of an affordable option.
Why is it Such an Affordable Option?
There are many reasons as to why coworking spaces are such affordable and feasible options.
Rent
​For one, the rent is usually very affordable, as it is a shared space. This makes it much more feasible than renting out an entire actual office space. This makes coworking spaces particularly great for companies who need to observe frugality in the short term.
Inclusive of Utilities and Facilities
Another reason why it is so affordable is that coworking spaces already have most of the tools and equipment you would need from a typical office space. Companies generally need to invest hundreds of thousands of dollars in their office space for furnishing in order to ensure that productivity and comfort remain at the peak. This also takes time because the design of the office space needs to be taken into consideration, and various factors need to be accounted for (like the workflow). However, with coworking spaces, you get all of the facilities you would need for a fraction of the cost.
Flexibility and the Need for Growth
Coworking spaces are also extremely flexible. This flexibility can allow any company to expand and shrink with great ease. While an office space that is leased by the company may not allow for the growth the company would require to be successful (as people may underestimate or overestimate the rate at which their company grows), a coworking space can allow for this with no obstacles. The facilities and utilities would already be in place; you would simply have to pay some extra rent according to the increase in the space required.
Networking
Your startup is trying to be frugal but grow at the same time. The best way to achieve this is to meet as many people as possible. At a coworking space, you can easily network as well as hosting your own event and networking sessions. 
Conclusion
Thus, coworking spaces can be an excellent way for businesses to save money and get a working space that is both functional and practical. Coworking spaces are highly recommended for startup companies for this reason and a trend is now being seen in the number of startups joining coworking spaces. Be frugal during this time and join our coworking space today. 
References
https://www.entrepreneur.com/article/278822
https://management30.com/blog/virtual-office-vs-coworking-space-what-you-should-choose/
https://www.coworker.com/mag/10-ways-coworking-offices-can-save-businesses-money

Remote working is basically when employees of a company work outside the corporate office. This option has been available due to the availability of the internet. It revolves around the idea that professionals can work in different environments besides the headquarter of the company and still execute their works successfully. Remote working allows employees to design and plan out their days where they can have a work-life balance. They can complete work projects successfully and have time for themselves while allowing themselves to be in the environment they want. 
Following are the top five ways of mastering the art of remote working:
PRACTICE SELF DISCIPLINE 
It is absolutely crucial that you keep practicing and mastering the art of self-discipline. You need to know and understand the importance of planning and time management skills. If you don't, you might be sitting at the same chair surfing the internet until the day is over, realizing that you haven't done anything. 
The best way to be productive in these work hours is to make a task list every morning, list them according to their importance, and get them done! This method will ensure that you do not waste time or get distracted and actually get things done. 
DEVELOP YOUR COMMUNICATION SKILLS
The other way of mastering the art of remote working is by developing and enhancing your communication skills. Every organization has their own medium of communication. Some communicate through email threads, some through Slack. Take a hold on the medium which your organization uses and communicate with your team well through it. Stay in a loop with them so that you are updated on each and everything. When you are working remotely, it automatically gets harder to communicate as compared to working in an office. 
DELAY THE EMAIL RESPONSE
If you are a remote worker, you probably have already experienced this. Remote workers get bombarded with emails! They get emails every minute of the day, which can be overwhelming at times and distract you from the real tasks. Remote working is all about flexible timings, you decide when to start your day, and you decide when to end it. Similarly, you can fix the time you want to check emails and reply to them so that you do not get distracted every hour. 
AVOID DISTRACTIONS
Avoid distractions by keeping your work desk free of everything which distracts you. Don't go online on social medias; don't listen to songs if they distract you. If you feel distracted, take short breaks after completion of each task, this will help you refocus. 
PUT A PAUSE ON YOUR PERSONAL LIFE
It is crucial that you don't solve personal issues during the time you are working. Keep personal calls for the time when you are on break or once you are done working. Working means to actually work and get done with tasks. 
Studies have shown that remote working has shown to improve employee's productivity, hence increasing the productivity of the entire organization.
If you still find that you cannot focus at home with all these tricks, it is time to sign up for a coworking space. Negotiate and tell your boss that you feel more connected with others when you are working out of a coworking space with others. Chances are, s/he would want you to be more productive and will pay for it! 

REFERENCES 
​https://hbr.org/2009/06/master-the-art-of-working-with.html
https://www.fastcompany.com/3060650/14-habits-of-the-most-productive-remote-workers
https://krisp.ai/blog/tips-for-working-remotely/

Coworking is the global movement! The world is moving towards upgraded technology and increased productivity through unconventional ways in the 21st century. Coworking is one of them. For those who are not aware of the term, coworking means when people from different companies share a roof and work together, yet independently. An example can be of the group of freelancers who work under the same room. 
Coworking is the future! It allows for better communication and collaboration. Coworking has proven to be very beneficial for the workers. It does not only bring them happiness but a lot of other things due to which professionals enjoy coworking. 
Following are a few of many benefits of adapting coworking:
ALWAYS STAY INSPIRED
One of the most significant benefits of coworking, for both the employee and organization, is that coworking lets you stay inspired. You do not feel alone in working, if anything, you feel much more motivated. In coworking spaces, you are surrounded by many people who are busy working just like you. It lets you work with people from different industries, hence, giving you different ideas. Being surrounded by people who are busy working, one feels out of space if he or she is not working. 
ALLOWS YOU TO GROW YOUR NETWORK
Coworking is all about communicating with others. You never know, you might end up meeting a friend, or you might end up getting to know another professional. It helps you grow your network and lets you make better public relations. Being a part of coworking is how a network grows, you might end up getting more clients because someone spoke highly of your work. You have nothing to lose here. 
ALLOWS YOU TO MAINTAIN A WORK-LIFE BALANCE
It is very easy to get distracted while working from home. You end up solving personal issues during your work hours, which leads to less productivity. However, in coworking, when you will be put in a professional environment, you will automatically leave your personal life behind at home. Coworking helps in making a proper routine for you. You will then give fixed hours to your professional life, go home, get time for yourself, and get proper sleep. 
MORE DIVERSITY
Coworking allows professionals and employees to work from different areas to come together and work under the same roof. This allows greater diversity, unlike traditional workplaces. This set up will enable workers to get to know different people with different mindsets and work along. Coworking is all about collaboration and communication and not competition.
MORE PRODUCTIVITY
Studies have shown that professionals work better in coworking. It tends to increase their productivity because coworking spaces give them a chance to be creative. It is better from working at home as it allows them to have a difference in the environment. Secondly, fewer formalities and a comfortable environment make them happier and stress-free, hence leading to better results. 

With all the benefits of coworking, it is no wonder that so many people are joining the movement. 

REFERENCES 
https://www.coworkinghandbook.com/advantages-benefits-coworking-list/
https://www.alchemycw.com/7-benefits-of-coworking-spaces-3/
https://www.trendhunter.com/protrends/coworking-wellness​

Can the office become a place to return to, where fresh ideas are easily generated, and the working days fly by quickly? Coworking is one of the newest in terms of its history that might fulfill that need. The prototype of coworking was hackerspaces and community centers for entrepreneurs, which began to appear in different countries of the world in the late 90s. What is coworking? Most often, this is a specialized institution, which has several different rooms with furniture, an Internet connection, and a Seating area, as well as a kitchenette, which at least has a kettle and cookies. In this article, we will share five main reasons why you should choose a dedicated desk at a coworking space for work.
Benefits Of Coworking
1. Productivity- There is always a creative and working atmosphere in coworking, so inspiration comes naturally. Productivity is also improved by the absence of distractions inherently in working from home or in a cafe. 
2. Better culture- Coworking differs from the office in that this space is much freer. The culture of fewer restrictions and strict rules of conduct allows employees to realize their ideas and projects better. 
3. Better settings for meetings- Usually in coworking, there are convenient equipped places (can be included in the price, or can be for a fee) where you can talk to partners or clients. Meeting rooms or conference rooms can be useful to a person in any profession sooner or later. Our dedicated desk membership at Treehouse Society provides conference room hours for you to meet others professionally. 
4. Socialization - Coworking ideally solves the issue of socialization of freelancers and remote workers. It is simply impossible not to communicate with others working in a coworking environment. It is a great place to bounce ideas with others and discuss potential improvements to it. Besides, it is exceptionally easy to test your idea with other members in practice or get an unexpected solution. 
5. New projects- Coworking allows you not only to work well and not be closed off from society but also to make new useful acquaintances and generate a lot of original promising ideas. Because coworking employs people of various specialties, it is almost easy to find a team to implement a new project! In coworking, you can find not only partners, employees, or contractors, but even clients.
Conclusion
Coworking allows you to be productive, open-minded, and social. Also, it allows an affordable way to get started on your business. Otherwise, finding similar work in the city center for rent for a small team or even more than one person is almost an unrealistic task. In general, all the advantages of coworking is obvious!
At Treehouse Society, our dedicated desk membership is not only productive but also flexible with 24/7 access. Check it out! 
References:
https://coworkingmag.com/blog/benefits-of-coworking/
https://www.lifewire.com/what-is-coworking-2377413
https://smallbusinessbc.ca/article/6-benefits-co-working-spaces/

Frugality is considered a very important living skill by many. It is the practice of spending as little as possible, or as efficiently as possible to avoid any unnecessary expenses. Undoubtedly, this practice could prove to be very helpful when it comes to running a business. The owners or managers who adopt the frugality approach spend to provide the goods or services to their customers instead of impressing their employees with luxurious interior décor or furniture. 
Frugality in the business context
Spending carefully in a business could be an act crucial to its survival. Frugality is the essence of the concept of cost control, which is not new to entrepreneurs, but many tend to slip at some point in their business’s life or others. The importance of frugality shouldn’t be forgotten irrespective of the size of the firm because cost ineffectiveness, for most businesses, could result in their competitors taking over their market share, forcing them to shrink or even shut down. The importance of frugality for companies can be imagined by the fact that Jeff Bezos has laid frugality as a principle of his business: Amazon. The Amazon office was furnished up with door desks to save costs. 
Advantages of Frugality In Businesses
Competitive Market Pricing
Many businesses can grab the market share from their competitors because they have a cost advantage. These businesses can control their expenses since they are in a position to price their products at a lower price and still make profits as their costs are low. This frugality approach gives them an edge over the competitors because even if they try to match the prices that their competitors charge, they will not be able to make profits and eventually lose their market share. The markets usually run on the principle, “survival of the fittest” thus, to remain in business, all the firms and companies need to be efficient and offer competitive market prices, which can only be done by cutting down unnecessary costs. With this competitive marketing pricing, it usually means a larger volume of customer purchases. 
Higher Profit Margins
Apart from being able to charge competitive market prices, businesses can enjoy a greater profit margin when they are frugal in their expenses. This means that if a business has prices similar to that of its competitors, but manages to cut down on its costs, it will be able to enjoy higher profits compared to other businesses because of the greater difference in its costs. 
Interest Expense Saved
​When business owners or managers run the business while being frugal in their expenses, they can save money and spend it in more worthy areas. This money saved could be reinvested into the company. A major advantage of this could be the avoidance of debt. The interest on loans could be a major expense for companies. Reinvesting the profits back in the business will not only help avoid an increase in liability but also decrease the interest expense. 
Even if a company needs loan financing, frugal decision making will enable him to make the right decision and go for proper funding sources rather than massive interest loans that could become a heavy burden on the business. 
The above-mentioned benefits of frugality in business are just a few among the many that could be enjoyed. The best part is that this frugality principle can be advantageous to both small scale and large scale companies, thus it should be adopted by every industry. 

Take your frugality to the next level by signing up to cowork at Treehouse Society where you could get space affordably! 
References
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/templates-business-guides/glossary/pages/cost-advantage.aspx
https://grayscale.vc/the-importance-of-frugality-487a99337ca7
https://www.entrepreneur.com/article/293306
https://www.under30ceo.com/how-frugal-thinking-can-progress-your-business/

Nonprofits are often operating on tight budgets. Most nonprofits, unless backed by a sustainable fund, need to be doing more with less with their budgets to accomplish their missions. Office space could be a costly item on the budget sheet, especially for a growing nonprofit, which is why nonprofits should consider a more untraditional type of office, such as a coworking space. 
Coworking is a growing trend all over the world. It's considered a great way to interact with people of different types of work backgrounds while also helping minimize costs. Different types of businesses and start-ups are opting for coworking spaces. So, why should your nonprofit utilize the same space? 
Nonprofits typically faced huge costs that they're unable to cover, given they have less funding available. So either they spend for their cause or for the utilities and rent of the place they are renting. With coworking, nonprofits benefit as there's a lower charge. 
As you can tell, nonprofits can gain a lot through coworking and focus on their mission rather than worrying about paying the rent. San Francisco is home to a lot of nonprofit organizations. How can you find the perfect coworking space for your nonprofit in San Francisco? First, you have to go over certain factors that are relevant to your requirements. 
1. Determine what is required
You need to make a list of everything you require in an office space. This way you can narrow down your search and shortlist those coworking spaces that are in line with your needs. Most of the time, people go for a particular space without getting into the details of the type of environment they want. This can decrease your productivity over time. 
2. Research about the culture
This is a must-do. It's better if you work around the same kind of people and businesses. For nonprofits, it is better to have more socially conscious people around so that you're able to understand each other better and work better as well. 
3. Visit the location
Location, Location, Location! You want to make sure that the location of the coworking space is ideal for your team. Since the transportation cost is high in the Bay Area, you really don't want to stress your team too much about commuting to the office. 
4. Focus on the future
It's important to figure out how you expect your nonprofit business to grow. When you enter into a contract with the coworking space, you need to have a vision of where your nonprofit will be by the end of the term, or you might want to go with a more month-to-month approach. You don't want to be stuck in a situation where you're unhappy with your decision.
5. Cost 
The one reason why you are coworking is to save money. This is so you could use the money to focus 
There are many coworking options available in San Francisco that are great for nonprofits as they offer a great location with extreme flexibility so you can work without any pressure! For coworking spaces for nonprofits, look for those that give you boast supportive communities, down to earth, excellent facilities, and provide you with flexibility! 
Check out our space at Treehouse Society for the needs of your growing nonprofit! We are close to transportation, parking, and our space won't break your bank so you could do more for your mission. 


Reference:
https://www.entrepreneur.com/article/269806
https://www.yelp.com/search?find_desc=Free+Meeting+Space+For+Non-Profits&find_loc=San+Francisco%2C+CA
https://www.kcsourcelink.com/blog/post/blog/2018/07/31/4-ways-nonprofits-can-benefit-from-coworking-spaces
https://360labsf.com/heres-why-your-nonprofit-should-use-a-shared-office-space/​https://www.nonprofitpro.com/article/5-small-tips-big-nonprofit-growth/