How to Attract People of All Backgrounds to Your Coworking Space

Coworking spaces are an innovative new concept that have turned the traditional 9-5 workday on its head. VentureX is on the forefront of this new industry, and we believe that one of the keys to growing your coworking space is attracting people of all backgrounds. Here are a few tips on how you can accomplish this.

coworking space venture x

Target your customers clearly in your marketing

Some people may have the idea that coworking spaces are only for young people, or only for those who have no other workspace. In your marketing, highlight an array of potential clients who could take advantage of the services you offer. For instance: accountants who work from home but need a dedicated space to conduct meetings, freelance writers who would benefit from your strong internet connection and resources like fax machines and printers, work-from-home entrepreneurs who need a distraction-free environment. Emphasizing inclusion and diversity is a great way to attract new clients.

Choose a central location

Choose a location that is centrally-located, within access of many different types of local businesses. For instance, if you open your VentureX in a corporate or industrial district, some entrepreneurs who don’t work in these areas may assume that your coworking space isn’t for them. Your location should speak volumes to your customers about the type of business you do, so choose wisely!

Keep your location on the cutting-edge when it comes to resources

If you’re hoping to do business with people from a range of backgrounds, it’s important that they have access to the tools they need in your coworking space. Make sure your space is well-stocked with everything your clients may need, including basic computer and printer technology, WiFi, and phone service.

Tips on Running a Shared Office Space

Welcome clients who only come in weekly

Many of our clients only need to use their shared office space once a week.. It can be easy for these clients to feel as though they’re guests in someone else’s home when they come in to work. Since these clients are an important part of our business, it’s important to make them feel at home when they come in to work. Remembering their name, where they like to sit, or how they take their coffee are great ways to let these clients know that they’re valued members of the collaborative space.

shared office space venture x

Don’t be overbearing

VentureX is unique among co-working spaces because of our emphasis on community. We host regular educational and social events for our clients who would like to attend. But be mindful of the personal space of our clients, and keep in mind that these events aren’t for everyone. If some of your clients choose to simply come to work without taking advantage of these events, let them know that they are always welcome, but don’t push them to attend.

Keep your space comfortable and attractive

VentureX stands apart from other coworking spaces due to the high-design and comfort of our facilities. Our clients have opted not to work in a cubicle, and they love being able to come to work in a cutting-edge space. Keep your beautiful VentureX space attractive by making sure it stays clean and well-maintained.

Don’t worry if you have little experience in this industry

The co-working space industry is still evolving, and it’s a new career for many of our franchisees! One of the benefits of working with VentureX is that we’re a part of the United Franchise Group of brands, and as such you’ll have access to top-notch training and support to prepare you for running your co-working space.

These are just a few pointers to get you started as you enter the co-working spaces industry. When you franchise with VentureX, we’ll have plenty more advice and information to fill you in on. Reach out to us today to get started!

How to Build Your Own Co-working Space

More companies are realising the benefits of mobilising their workforce. Some are giving their employees the opportunity to work remotely instead of the traditional set-up for staying in the office for eight hours.

Freelancers at a co-working space

Meanwhile, full-time freelancers, small business groups and remote employees have full control and freedom to choose their workspace. In the past, this was limited to two choices: the comfort of their homes or the quiet ambience of cafes.

Recently, with the growing availability and popularity co-working spaces, the face of freelancing and self-employment is quickly changing. Collaborations are made more possible and opportunities to innovate are increasing.

Co-working space is a shared worked environment where people can broaden their network and team up on projects. These spaces provide a contemporary and creative area to work.

When opening a co-working space, you’re faced with two main requirements: a space and a group of people with the same interest.

Building it into a proper space and a business is where things get complicated. Avoid all the hassle by taking advantage of a great co-working space franchise opportunity with VentureX!

The Demand for a Shared Working Space

Before deciding on starting your co-working space business, make sure there is a demand for it in the area that you plan to build it. The idea of co-working needs to be marketed based on its benefits.

Consider hosting a few events that promote the idea of opening a coworking space. Use social media to blast event details and invitations to get as many friends or colleagues to join.

Finding the Right Location

Consider finding a space that is accessible and easy to find. Coworking spaces work well in buildings that have been vacant for a while or have not been used to their maximum capacity. Finding these spaces may help you work out a good deal with a property manager to secure a reasonably priced lease. When you franchise with VentureX, our experts can help you find the perfect location for your new co-working space.

Facilities

Providing the right facilities and amenities attracts your users. High-speed internet, multiple electrical outlets and conference rooms – these are just some of the features that make a coworking space fully functional.

A Co-working Franchise is the Key to Success

If you need assistance in opening a co-working space, Venture X is the company to call. We provide the opportunity to open a co-working space franchise, so you don’t build the business from the ground up.

As a Venture X franchisee, you can expect world-class training, on-going collaboration and market launch expertise to ensure that your space grows successfully.

We work with you to iron out all details, from financing options, to site selection, to lease negotiation, to build-outs. With us, you get a truly turnkey franchise opportunity.

If you have any inquiries, call 1300 653 768 or reach out to us online!

What People Want from a Co-Working Space

Now more than ever, freelancers, entrepreneurs and other professionals find it easy to find a co-working space. With many co-working spaces to choose from, how do workers choose and what factors and features do they take into consideration?

Man working on a open work space

Why Professionals Flock to Coworking Spaces

Before we identify what professionals look for in a co-working space, let’s examine why co-working spaces are attracting independent professionals.

First, co-working spaces allow independent workers to have more job control that both a traditional office and a home office can’t provide. Workers can decide how much work they can put in within the day. With access to amenities like cafes, gyms and break rooms, co-working spaces take away the pressure of deadlines and time constraints from workers who want more freedom.

Second, people can decide if they wish to work alone or with a community of professionals from various industries. Too much autonomy may hinder the flow of productivity, which is the case for many professionals who work from home. In co-working spaces, there’s more room for collaboration. People easily get into a collaborative spirit, which is not always possible given thehierarchy and structures in a traditional office.

Lastly, since co-working spaces are able to gather entrepreneurs from different niches, workers are able to network and brainstorm together. Many start-up companies and inter-business collaborations began in co-working spaces because of the community. At the same time, socialisation flows naturally and most interactions among entrepreneurs happen spontaneously over coffee breaks.

Key Considerations in Choosing a Co-working Space

Looking for a co-working space that fits your preferences and your work style is like looking for a new place to call home.

Generally, people look for a co-working space that not only offers the best price, but also comes with a wide range of amenities. Need a quick coffee run? An ideal co-working space must have its own coffee station or cafe. Need to grab a quick bite? Then a co-working space that’s a walk away from many dining options is an attractive prospect.

While access to facilities is a great bonus, professionals also look for a co-working space that’s close to home or places like their children’s school or the grocery. The availability of a carpark is another important factor in the selection.

Finally, professionals want a co-working space that breeds a vibrant and warm culture. Knowing that co-working spaces could eventually become like a second home, they must feel attuned to the people, as well as the environment.

An Inspiring, Diverse and Collaborative Co-working Space

Venture X is a modern workspace that has an inspiring, diverse and collaborative community. Our co-working spaces are suitable for start-ups, freelancers and other self-employed professionals who want to work collaboratively within a creative environment.

If you want to learn more about the current demands of the co-working industry, or have questions about our franchise opportunities, feel free to contact us today.We look forward to hearing from you.

Choosing the Right Location for Your Co-working Franchise

A co-working space is an excellent way to reach out and cater to Australia’s increasing number of freelancers. As work culture evolves, so must the office space. A co-working space is the result of these changes. It allows freelancers, small start-ups and travelling professionals to plug in, plan and collaborate with others, while still enjoying the comforts of a well-equipped workspace.

Freelancers on one table discussing together

While providing excellent amenities and comfortable furniture is crucial to ensure the success of your co-working space, the location is one of the factors that could make or break your business. Find a location that is convenient, attractive and appealing to start your co-working franchise in Australia.

Convenience

One of the hallmarks of a great location is convenience. Generally, people flock to co-working spaces that are close to major transport links, such as bus stops or train stations. Access to a nearby carpark is also an attractive factor. A co-working space should be accessible to people using public transport and to those drive to work.

Co-working spaces do well in major business districts. They provide tenants with more opportunities to meet with other businesses and potential clients. The familiar location makes it easier for others to find the space. Over all, it creates more networking opportunities for everyone involved.

Access to Leisure Activities

The line between work and leisure is becoming increasingly blurred. One of the reasons co-working spaces are gaining traction is because they create a more casual, fluid work environment that appeals to the young, mobile work force.

Work spaces that are close to external amenities, such as gyms, shopping centres and restaurants are in high demand. Young professionals want to have easy access to leisure activities, letting them hit the gym, enjoy lunch with friends, or simply relax, while still ready to head back to the office at any moment’s notice.Co-working spaces help professionals move seamlessly between their work life and their personal life.

Locations Outside of the City

Of course, not all co-working spaces should be in the city or close to the business districts. Co-working offices outside of the city also have their merits.

Some people prefer working outside of the city because it’s more attuned to their lifestyle. Others simply live in the suburbs or want a quiet place where they can focus on work away from the noise and bustle of busy streets.

When choosing a location outside of the city, make sure to do your due diligence and research about the demand in your chosen area. Make sure that there is an actual demand for co-working spaces in your area before you invest.

These are just some of the many factors that you have to take into account when choosing a location for your co-working franchise.

Need advice on how to choose the perfect location for your new Venture X co-working franchise? Talk to us today.

At Venture X, we create turnkey solutions so you can launch and grow your co-working space business with confidence. From financing options to site selection, to lease negotiation and more, we’re there for you.

Request for more information or call 1300 653 768 today.

Understanding the Advantages of Collaborative Spaces for Startup Companies

Many startup companies have humble beginnings. During the early and crucial stages of a business, the CEO and the employees work together to create a system that works best for the success of the company. Figuring out where their office will be could be the least of their worries.

A collaborative workspace

In Australia, co-working spaces are becoming a popular choice for many startup companies. Our idea of a co-working office might consist of lounge couches, free organic coffee as well as colourful walls and art. While many businesses may prefer co-working spaces because of these wonderful amenities, here’s a list of more important benefits startup companies should consider:

Cost-Effectiveness and Flexibility

Buying and leasing property is a huge investment for businesses. Instead of purchasing an entire floor of a building, opt for a co-working space instead. Co-working offices provide spacious and comfortable rooms for a smaller fee.

Startup companies also have flexible membership options that allow them to make use of the office facilities for as long as they need, whether it’s a few months or just a day. Once they decide to hire more employees, they can easily switch their designated office into a bigger one down the hall.

Perfect for Growing Your Network

In every co-working space, there is a diverse ecosystem of talent, skills and industries. For growing businesses, they will benefit from all the networking opportunities within their reach.

In one room, you’ll find a group of professional videographers and in another, a team of magazine publishers. Co-working spaces foster a sense of community – finding the right people for their next project will be easy.

Co-working is the future of business. At Venture X, you can help startup companies thrive with a co-working space franchise that upholds a collaborative environment and a truly modern workspace. Take charge of your investments and start a co-working space franchise with Venture X today.

What is the Future of Co-working?

In 2005, Brad Neuberg launched the first co-working space in San Francisco. No one showed up for the first month; however, self-employed people and freelancers soon became interested in trying the then new co-working space. Today, around 10,100 co-working spaces are open worldwide and provide a shared working space to an estimated 735,000 self-employed people, freelancers and small business groups.

co-working

Why have Co-working Spaces become More Popular?

Research by co-working space owners predicts that co-working membership could pass one million members worldwide by 2018. Today, millennials are becoming the majority of the workforce, and they prefer to work in co-working spaces. According to research, millennials will be 75 percent of the workforce by 2025.

Embracing the Co-working Environment

Corporations have already started to use practices that were pioneered in a co-working environment to appeal to young talent attracted to co-working spaces. Companies are redesigning their offices to feel and look more like co-working spaces. For example, corporations are supporting unassigned seating, activity-based workstations and having several departments in one room.

Using Software to Manage Co-working Spaces

Technological advancements help shape the evolution of the co-working space. From the members of a co-working space to the managers that run it, technology benefits everyone. For instance, managers use software to automate the daily operations of their space. They can use the software to gather contextual data about how their members are using their space.

With the use of software, administrators can be informed on how often their meeting rooms are booked, which types of members contribute most to their recurring revenue and which shared areas are the most popular. Managers can use this data to make educated business decisions that help their business achieve long-term goals.

Venture X offers an outstanding franchise opportunity that helps you open your co-working space franchise. Our co-working spaces are a combination of a modern office space and a boutique hotel.
To inquire about our franchise opportunities, call 1300 653 768.

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.