The Do’s and Don’ts of Co-working Spaces

Co-working spaces allow people to enjoy certain liberties such as coming into work at their preferred hour. This does not mean, however, that there are no unwritten social rules in a co-working space. For people who are unfamiliar with co-working spaces, here are some do’s and don’ts to be aware of when working in a shared space:Co-workers discussing

Do help in keeping your shared space clean.

A clean and tidy working space eliminates distractions and any discomfort for you and your new friends. Try to make your desk as clean and neat as possible. Don’t leave your things in other people’s areas. Clean up after yourself when you use the pantry, lavatory or any other facility.

Don’t be the office hog.

One of coworking’s perks is the ability to use facilities and equipment that would’ve been too expensive were you to purchase or hire them on your own. This should come with the sensitivity, however, that you’re not the only one who’s going to use the facilities. When you book the conference room, try your best to get out on time or a few minutes earlier.

Do take advantage of a co-working space’s sense of community… but don’t be too reliant on your co-workers.

Many choose co-working spaces for the opportunity to network and collaborate. Take advantage of this opportunity to learn from other businesses or find a business you can work with. Take care, however, not too hard sell your products or services to your co-workers as this will more likely end up with your co-workers avoiding you and your business’ offerings. Also, bring your own office supplies and avoid constantly asking your new friends for spare articles.

This is the bottom-line: be considerate and respectful of the people you are sharing your space with. People rent space in a co-working place to avoid the distractions of home or cafes and be productive – so everyone should help each other in that sense.

Venture X provides beautifully designed and highly functional co-working spaces for today’s  businesses. If you’re interested in helping people in your region find an affordable and productive space, we have a turnkey investment opportunity for you. Contact us today.

The Benefits of Co-Working Spaces for Small Business Groups

Now that you have your team of like-minded professionals, you need to start thinking about renting an office for your team to hold meetings and deal with your business operations. A private office space provides your team with a work-conducive environment for you to brainstorm ideas about how to achieve your business goals. Although renting an office has its perks, its leasing process involves a lot of paperwork, and its certification may take weeks or even months. At the end of this, you may not get what you expected out of your office experience.

A man working at an office

Besides renting an office, you can explore the option of working in a co-working space. This communal space invites self-employed individuals, freelancers and other small business groups to work under one roof. Working in a co-working space allows your business group to work in a more collaborative, inspiring and productive environment.

Cost-Saving Space

Choosing to work in a co-working space is a sensible financial decision for small business groups that have a tight budget.  Venture X co-working spaces allow a pay-as-you-go basis, which allows you to take advantage of some benefits normally reserved for long-term packages.

Be Part of a Community

A big advantage of working in a co-working space is that its environment encourages collaboration with other self-employed individuals and small business groups. You can find similar-minded small business groups for you to broaden your network, and you may even want to brainstorm similar business projects with other groups for you to achieve your goals more efficiently. Being part of a co-working space community can allow your business to gain more partners that strive for the same goal.

The Future of Business

Venture X guides you to start your own franchise co-working space that caters to individuals and groups who are looking for an environment to achieve their business goals. Our co-working spaces are fully equipped with meeting rooms and have a centralised café and reception area.

To inquire about starting a franchise with us, call 1300 653 768.

Conspicuous Co-working: Making Your Co-working Space Stand Out

If you have the slightest interest with the idea of putting up a co-working space business, chances if you are wondering how you could differentiate it from all the other spaces. After all, the number of co-working spaces in Australia is growing at a high rate. In Melbourne alone, the volume of co-working spaces grew by 35% in 2017.  Don’t let the competitive market scare you from buying into a co-working space franchise, here are a few ways your venture could stand out.

An office layout

Focus on Interior Design

People opt for co-working spaces because they want to steer clear of the stiff set-up of traditional offices. So your co-working space should sport a beautiful, practical design that feels less like an office and more like a home. Although some franchises already have playful set-ups, you could still create variations. This could help members be more comfortable and productive.

Stock Up on Supplies

Even if most employees use laptops, they still need basic office supplies like paper, sticky notes, pens, envelopes and folders. So co-working spaces that offer these work essentials are especially attractive. Moreover, some employees run on coffee, tea, and snacks, so it’s smart to have a vending machine or coffee maker around. If you keep these in stock, your tenants don’t have to stop working for too long to buy a food elsewhere.

Manage Online Presence

Highlight the prime location of your co-working space on your online campaigns. Although your clients are employees who are shifting from a traditional office setup, they still want to be near conveniences. They are most likely chosen a space that offers just that. Moreover, use your online presence to emphasise what makes your co-working space better than others (say, a great interior design or office supplies).

Engage Your Members

When you want your co-working space to stand out, all you need to offer your clients more than just space. Your tenants could benefit from occasional talks or workshops. Not only would it improve your skills, but it could also foster collaborative interaction. Moreover, it could attract new tenants because your space has added value.

At Venture X, we offer a great co-working franchise opportunity, as well as continues training and support to ensure the success of your branch. Contact us today and learn more about our co-working space business opportunities.

Why Millennials Are Flocking to Co-working Spaces

The co-working space trend started in 2007, but it didn’t take off until a couple of years ago. Now in Australia’s business districts, the rise of co-working spaces has proven that it is not just a fad and it may be here to stay — thanks to millennials.

Workers at an office

The shared office space franchise is seeing a bright future as more Millennials enter the workforce. The flexibility and the environment that co-working spaces offer fit the preferences of Millennials.

Flexibility for the Free-Spirited

The Millennial generation has prompted shifts in working trends in different industries including social media, real estate and marketing. Millennials, who crave flexibility and who have tried to step away from traditional work models, have found that co-working spaces suit their preferences when it comes to getting the most out of their productivity.

As a generation who values work-life balance, shared offices provide spaces that are not only conducive to productivity but also accessible to other amenities like cafes, gyms and recreational hubs.

Co-working spaces also create a platform for entrepreneurs to network and collaborate freely. Millennials strive to achieve a free-spirited, professional lifestyle and the community-centric setup of co-working spaces allows forward and relaxed interactions in an environment conducive to creativity among entrepreneurs.

A Healthy Focus on Work

Contrary to the responsibility of maintaining the cleanliness of a workspace, co-working spaces take away this responsibility, so patrons can focus on their work. Moreover, renting space in a shared office doesn’t involve a long-term contract. Entrepreneurs and freelancers can come at any time they want and stay for as long as they want since there are hourly, daily, and monthly payment options.

Work isn’t as toxic as it could be in more traditional setups. A co-working space can be healthy for millennials who feel productive when surrounded by like-minded individuals. Rather than working in a strict, rigid office setup, co-working spaces motivate and boost morale through coffee breaks and spontaneous socialising.

Australia’s co-working industry continues to grow as the demands of Millennial professionals also grow every year. If you want to be a part of this industry as a franchisee, feel free to contact us today.