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.
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.
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.
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.
Coworking spaces are slowly popping up everywhere, and they are making a big splash in all industries. They are a great choice for startups or companies that require a space that costs minimum but will allow for maximum productivity.
There is an estimate of 33,000 flexible coworking spaces on the planet as of 2019, with around 3 million people working in such spaces across the globe. The United States leads in the square footage of coworking space it has, while the Asian Pacific has the largest number of coworking spaces (an estimated 11,000).
The demographics of those working in such spaces keep changing, and different, unique trends are seen every year in the various types of people who work in coworking spaces. The following are the different demographics of those who work in coworking spaces:
Freelancers take up the highest percentage of professions working out of coworking space in the world. Those who work in the IT, PR, and sales industries have recently started taking up more coworking space, and it is estimated that the three are occupying an equal amount of coworking space.
With coworking spaces getting older, so are the workers working within them. It has been estimated that the average age of those in coworking spaces is at around 36 years. The age bracket of 30 to 39 years has been found to be the largest group working in coworking spaces, according to the 2017 Global Coworking Survey. The smallest group is of those aged 50 and over.
Several surveys have found a great increase in the number of women working in coworking spaces. This has been seen as a highly positive change from such spaces previously being male-dominated. The number of women is consistently increasing for each profession, but it is still the lowest when it comes to employees in a corporation.
Several surveys have also found an increase in the education of those working in coworking spaces. A large chunk of this population has either a bachelor’s or a master’s degree. This trend is ever-increasing, and even individuals with doctorates are beginning to find a home in coworking spaces.
According to the 2017 Global Coworking Survey, members of coworking spaces are practically evenly spread across the board when it comes to their relationship statuses. This means that an almost equal percentage of them are single, in a relationship, or married.
Number of Children
The same survey reported that an overwhelming majority of those working in such spaces have no children. So, the coworking spaces with childcare might not be the best idea.
With the ever-changing scene the future of work, it is important to understand how the dynamic of such spaces is affected by the demographics in coworking spaces. This change will also show a trend, which can be used to determine what the atmosphere of coworking spaces will be like in the future. Our space is filled with young professionals, startups, and nonprofits. Come in for a tour to check out our demographics!
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.
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.
The type of office that people want is a tricky decision, and the fact that it has an impact on the performance makes it worth considering. Open space and private offices have their pros and cons that influence the overall performance of your team.
It depends upon your industry, employee choice, and job functions to choose the type of office best for you. Some people perform well in an open or shared environment, whereas some of them want private spaces to work efficiently, or their industry's regulations require a private area. It is the job of the employer to find out what suits his/her employees. Considering the pros and cons of both designs might make it easy for him.
An open space can be a factor in breaking the ice between your workforce and the outside world. They can have informal conversations because they are not sitting in cubicles or an office. They can discuss any issues in their work and get recommendations from the fellows or others nearby. Open space also decreases the cost to a great extent and helps establish a more open-minded culture.
It might seem to be a desirable option, but an open space can cause a lot of problems as well. It can cause a lot of distractions for everyone and hence decrease productivity. Phone calls, discussions, meetings could generate a lot of noise, and it causes mental exhaustion. A tired person can never work efficiently.
A private workspace lets people work and focus on their work without any distractions. Lesser noise and more peace enhance performance. The workers will have a prestige status that can be used by the company as a perk or an incentive. The workers will have a private space for personal and professional matters. The level of security will be higher. Moreover, the collaboration will be better if a small team uses private space to work together.
There will be a lesser collaboration between the employees. A lack of company culture would result in subcultures that are often decreasing the efficiency of your team. There would be lesser innovation and joint collaboration and hence people that might be less friendly towards each other. Private offices result in less transparency. The authority will have to keep a close look at everyone so that they don't involve in anything that is not aligned with organizational goals. A private space would also result in a higher office settlement cost. You will have to pay more for a lesser number of employees, and it will result in a lesser economic efficiency.
Putting efforts into choosing the right office design might a difficult task, but its result will bring out the unexpected best for you. Take a deeper look at your team to find out more about their needs. Maybe you can conduct surveys to find out what suits them best and then go for one choice. It can either be an open space, a private office, or a combination of both. At Treehouse Society, we have both private offices and open space for your team potentially. Take a tour today!
A coworking space is proven to be beneficial for entrepreneurs and freelancers. Especially if you are starting a new business, a coworking space may have many positive impacts on it.
What Is A Coworking Space?
A coworking space is a creative, shared office space that promotes cultural socialization, which helps nurture business and increase your well-being. If you are considering working in a coworking space with your team, these are the advantages you should keep in mind:
Structure And Productivity
Working from home sounds cozy, but it has a lot of distractions. When you get out of that private space for a specific reason, it provides a structure to your life. It is less congested than a corporate office yet more structured than working from home. It has fewer formalities and distractions but more productivity, which makes it a convenient place to get work done. When you are surrounded by other people who are working hard, you will be motivated to work diligently too. It makes you more focused and confident.
A Comfortable, Business-friendly Workplace
A coworking space has all the facilities that make it a business-friendly workplace. At home or a library, you might have a lousy internet connection, but at a coworking space, you won’t find such problems. Also, there be a brightly lit facility, comfortable desks and chairs, printers, meeting rooms, pantry, and leisure areas for tea breaks.
Having your team members to encourage you for your work can be your biggest motivation. When you are by yourself, it becomes challenging to hold yourself accountable for the time and money spent. When you are paying for the coworking space, you would want to keep your accounts and expenses up to date. When your team members are with you in the coworking space, you will face the problems that arise in your business enthusiastically. You will not lose your morale because the team will support you through everything.
Cutting Costs And Gaining Flexibility
Working in a coworking space will help you cut costs in your business. Since a coworking space is a public office, the rent and utility bills will be divided and will, therefore, save a lot of money. Besides that, the other facilities are shared too, so it doesn’t take much to cut in your budget.
Since a coworking space is a public space, there is a more significant opportunity for developing business relationships and links. Having business friends who help you is a crucial resource for you and your business. You can also end up hiring each other or starting a business together. If you are an introvert, yet a hard-working person, your work will speak for itself. When it does, your coworkers will know who to call when they need help and vice versa. It is also a professional place to meet your clients since inviting them at home does not give a good impression. If your client is orthodox, he will not hire someone without a professional environment.
Working in a coworking space not only gives you the benefits related to money. They also help in less tangible ways, such as socializing, having peers close to your network, and being surrounded by other motivated individuals.
Mental health awareness campaigns are very popular nowadays. From Michael Phelp's ads to the British Royals ads, it seems that everyone is taking giant strides for mental health. It is starting to bring mental health out of a taboo topic. Mental health is essential as it impacts your personal growth and wellbeing.
Various things can help you improve your mental health, and you don’t even need to put in too much effort to achieve that! Small and straightforward steps can be taken to ensure that you have a happy and healthy mind in 2020.
Physical and mental health go together. It would be best if you made sure that your physically healthy to be mentally healthy. When you take care of your body, you’re able to push away negativities as exercising creates happy chemicals in your body. These are called serotonin, and they help you maintain a comfortable and calm feeling.
Making sure you get enough rest is vital to have a healthy mind. Don’t overwork yourself or exhaust yourself to your limits. This will take a toll on your mental health. It would help if you started making sure that you’re sleeping enough. Go to sleep early and wake up early to get your work done on time! Schedule your sleep and make sure to follow through with this routine to improve your mental health.
This new and upcoming form of working has taken the world by storm. With the vast advantage it has to offer, mental well-being is one of them. Coworking spaces generally have a community-based working environment. People are socializing, and there’s less of a corporate, slave-like environment. It’s a more peaceful way to work as it’s more flexible and you get to be around good people.
Set realistic goals
One thing that everyone does wrong is set very high goals. You should know what you’re capable of and what kind of things can be checked off your list within the given time. If you overexert yourself to get a certain task done, then you’re left with little energy to do anything else. Make sure to set goals that you know you can get done rather than stressing about things that you’re unable to do.
There’s nothing better than helping others that helps improve your mental health. You get a different sense of satisfaction and happiness when you volunteer to help someone out. While helping others, you get to feel the joy being of being there for someone without asking for anything in return. It’s a wholesome feeling that can’t be compared to your typical work-related tasks.
Take a breather
At times it is necessary to get rid of all the things that cause you to stress, at least for a day. Take the weekend to go out and get in touch with nature. Getaway from all the things that make you tense and think of what you want to do, where you’re at in life, and how you can get better, both mentally and physically.
Your mental health is vital for you to perform better in all aspects. While being competitive and determined is great, but at times it’s important to take time out for yourself to ensure that you’re able to maintain a healthy mind.
Since you are sharing a space with a ton of other people in a coworking space, you sometimes feel like it is hard to make modifications to it. However, that’s not true. You can always add some things to personalize the space and have a personal attachment to the experience. There are ample of items available on the internet that you can purchase that either directly or indirectly enhance your productivity.
Planners are essential to get your everyday to-do list going. Journals and planners help you keep a check of your progress and see whether you’re able to complete your tasks within the due time or not. It also helps to make deadlines feel more real.
Shiatsu Back and Neck Massager
You want to be able to do your work comfortably and feel like you are getting massaged while your work is getting done. Check out our favorite one here.
Plants always bring a lively feel to any room! Your coworking place will seem like a much better place to work in if you have small plants around, especially on your desk! Succulent plants require less water and care, so you won’t have to worry about added responsibility.
Comfortable and noise-canceling headphones
It could get a tad bit noisy when you’re in a coworking space. This usually lowers your productivity if you get distracted easily. Invest in some noise-canceling headphones and play calm music to ensure better productivity and zero distractions! Here is a thread from Reddit that might help you get the best headphones for your bucks.
There are so many gadgets these days that you need to take with you to work. Whether it’s your phone, laptop, tablets, or any other device, you can easily place them in a gadget organizer to have a clean and tidy place to work in. Your desk won't be a mess, and you’ll get work done quicker! Here is a list of the best gadget organizers.
Is your phone always running out of battery? A charging dock is here to save the day! Charge your laptop, phone, or any other gadget by getting yourself a portable charging dock from Amazon! No more lags in your work from now on.
A personal touch to your workplace is always a great way to make you more productive. You want to feel connected to the work you do, and there’s nothing better than a photo frame with a picture of your loved one! Cheap Pete's Frame Factory is our favorite store in SF for framing!
Footrest under desk
If you’re sitting in the same spot for a long duration, your feet are eventually going to be tired. Get rid of aches and stay focused by getting a footrest under your desk! Check this one out!
Is your desk too messy? Well, it’s time to invest in a drawer organizer to keep all the extra items tucked away in your drawer. You can find under the desk drawers at Amazon that can keep all your items organized.
Desk calendars are a great way to stay on track. They help you remember important dates and allow you to plan for any event!
It’s important to have customized and personalized items on your desk and around you at coworking spaces. They boost your energy and allow you to work better with better focus!
With the recent climate change around the world, it has become a necessity to reduce carbon footprint.
What Is a Carbon Footprint?
A carbon footprint is known as greenhouse gases produced by human activities. A carbon footprint can be a broad measure of the actions of an individual, a family, an event, an organization, or even an entire nation. It is measured as tons of CO2 emitted per year, or other CO2-equivalent gases, including methane, nitrous oxide, and other greenhouse gases.
Carbon Footprint Contributors:
The main contributor to carbon footprint is the burning of fossil fuels like petrol, gasoline, and diesel. Other contributors are the consumption of red meat, fast fashion, and using disposable plastic.
How to reduce your carbon footprint is the real question. Here are some ways which might help you to reduce.
Coworking itself is very environmentally friendly. Think about it, instead of renting out space for only your company and waste a ton of resources; you share the space with others. You don't have to buy TVs for your own conference rooms. It creates an eco-friendly work environment. Check out more reasons on our other blog.
Say No To Fast Fashion:
Fast fashion is described as trendy clothes at lower prices. With the fast-changing trends, the companies make sure to produce a new collection every week, unlike the past years where it was just two collections per year. This massive production causes water contamination in the form of hazardous chemicals. You can avoid it by choosing alternatives like reusing your old clothes frequently and swapping clothes from your friends and cousins.
Use Public Transport
It is one of the most effective ways of reducing the carbon footprint. Using public transports can benefit from excessive consumption of fuel. Moreover, it helps to curb the traffic concerns and smog reduction. If you do not prefer public transport so, try to go for a hybrid or electric car.
Stop Using Plastic:
Plastic is also a contributor to the carbon footprint. It takes a lot of oil and natural gas to produce plastic. You can reduce by trying other alternatives like use paper bags and cloth bags instead of plastic bags. Avoid using disposable plastic cups and plates. Buy metal straws instead of plastic straws. These little efforts can make a more significant difference.
Avoid That Beef:
Just by decreasing your intake of red meat, you can help the environment in various ways. Beef is known to produce much more carbon dioxide emissions as compared to chicken. Choose plant-based diets like vegan or vegetarian instead of animal-based foods because it has twenty times more carbon emission. However, if you can not avoid meat, then choose chicken and fishes instead of beef. You can also educate people about the connection between meat and climate change and help them to encourage in reducing beef intake.
If you are one concerned human being, you will at least try to change such habits because of which our mother nature is compromised. You can also educate people over wastes and its potential destruction to the world. You can address people to choose sustainable options in life. These little efforts by an individual can certainly make a greater and effective difference.
Coworking and shared spaces have become more common over recent years. Entrepreneurs are opting for this kind of environment as it gives them a better ground to start and a more fertile ground for their companies to grow in. Coworking is getting popular, considering the massive demand for them as it offers a more flexible space for a company in the midst of growing and expanding.
As coworking seems like the answer to managing costs and ensuring a company runs efficiently, startups and freelancers are signing up for coworking. Another question arises, how do you increase the value of your coworking membership?
Attend Community Events
Attend the community events hosted at your coworking space. That's how you get to know other members. This also creates a friendlier environment and a way to collaborate in the future.
Bring Your Favorite Work Accessories
Have a favorite wireless mouse? Favorite pair of air pods? Favorite mug? Bring them to make yourself more productive at a coworking space. You could even bring your favorite plant if you think it is going to make your work better.
It’s easy to get distracted when working in a shared space. But there are things you can do to decrease the noise and ways of interactions. For example, you could go into a phone booth or a meeting room to get some me-time. At Treehouse Society, we even have a meditation room to clear your head before you head into work again. If you can't get a private room, you could even face a wall in the basement to make sure you get work done.
Gossip a Little
Well, maybe not too much, but chitchat in the kitchen with other members at lunch to not only connect and learn what others do but also get some insight into what is popular in society. Pro-tip: the best time to gossip is getting coffee or while having lunch in the kitchen.
Create A Routine
Instead of rolling into work whenever you want to as it is so tempting for a freelancer or a startup without structure, create a routine. Set a time to get into work so you can set your mind to expect to work when you are at a certain location at a certain time.
Host an event for your company at the coworking space to create a community for your customers and users. Launch party, discussions, workshops, to name a few ideas for your company to host to create community, and generate some traction for your company. Our coworking space membership comes with event space hours for your company.
You want to be productive if your surrounding is filled with productive people. Sometimes, a coworking membership is valuable in that way. Especially if you are a freelancer lacking motivation at home, a coworking space should be where you go to get work done.
There's a lot of value in joining a coworking space; for example, you have a secured space to work and increased productivity from others working around you. However, just adding a few things to it would make it that much more valuable.
Being a digital nomad is starting to be popular since people can now work wherever they want due to the internet. Most digital nomads choose to live life on the roads, having adventures, and some now choose to be vanlifers. However, it can be lonely and difficult as you are living in a van.
Living in a van has its thrills, but you are most likely always looking for a place to be productive sometimes to make a living and to pay for gas. Wifi hotspots could only go so fast, and sometimes sitting at a cafe really sucks. The people surrounding you will not understand that you need a quiet space to do your work since they might not be there to get work done. They will always try to tempt you. In this situation, where you need some alone time with your laptop, you would want to find a place other than your van, the gym, and the cafe. Here’s how a coworking space can be very useful for a vanlifer:
Strong Internet Connection
Being a vanlifer, you need a stable internet connection to do your work since it requires staying connected. They also provide other amenities like printers, coffee, and network opportunities. It will offer you a home-like environment so you can work properly while being professional too.
If you are a vanlifer, you should choose coworking space that is comfortable where you could chill. Sometimes, being in a van for too long could be bad for mental health as it is such a small space. Most coworking spaces feel very open, so you could stretch out a bit. Our couch is very comfortable, and we have lots of open space.
Coworking spaces have secure internet connections so the users can safely do their tasks. A digital nomad knows the importance of secure connections because of the confidentiality of their work. This security cannot be provided at home or coffee shops. Also, the internet is way faster than the internet in a cafe. Besides, there is a bonus perk of being able to leave your things at your desk while you go to the restroom.
Down to Earth Connections
Since a vanlifer does not work in a permanent office or live in a permanent place, they do not have long-lasting relationships one on one. Coworking spaces with casual hangout spots and down to earth people provide a greater opportunity for collaboration. You could develop links with other people related to your business. This can be of help in the present as well as the future. Even though a digital nomad is independent, they benefit greatly from interactions and collaborations. Besides sharing ideas and learning from others, it can also improve your mood.
Opportunities for Remote Work
More and more companies are hiring digital nomads and remote workers. Many companies have developed their name in coworking spaces. With the increase in remote work for companies, there would be more hiring of vanlifers.
Coworking spaces don't need to feel corporate. It could be just a step above the comfort zone of parking lots, gyms, and cafes. Also, it is nice to step on something that is not moving for a little while before hitting the road again.
If you are in town and you are vanlifing, definitely check out our space!