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5 reasons why a coworking space is the ultimate launchpad for a startup

Business Tips
a man walking down the corridor of a workspace. There are seats on either side of him.

Hub Australia

9th February 2023

Building a startup from the ground up can be both a thrilling and challenging journey. There are countless responsibilities to manage. And, every decision you make can have a huge impact on the future of you and your business.

One of the biggest decisions you’ll face as you grow out of your home office is choosing the right space to accommodate your needs. With so many options available, it can be an overwhelming choice.

Enter coworking spaces, the perfect workspace solution for startups. 

Gone are the days when you’re chained to a single location and hosting important client calls from your living room. There’s no more feeling isolated or worrying about having to lock into a long-term lease when you get an office.

Coworking spaces offer a new world of opportunity for startups, giving you a workspace experience that your home office or even a traditional office space could only dream of offering. 

Here are 5 things that can make startups thrive in coworking spaces.

Flexible membership terms

Startups often grow and evolve at a rapid pace, and office space needs can change just as quickly. Coworking spaces understand this and offer flexible membership terms that allow you to upgrade your workspace as your team grows, easily. No more worrying about signing long-term leases or committing to expensive office space that you could outgrow in a matter of months.

A diverse professional community

Coworking spaces bring together a diverse group of professionals from various industries, creating an inspiring environment for startups. Networking opportunities are endless, and you’ll have the chance to form genuine connections with others in your community, rather than just having one-off conversations.

All-inclusive amenities

Coworking spaces provide all-inclusive amenities, taking the burden off of you to handle the day-to-day tasks that come with having an office. No longer will you have to worry about receiving mail, greeting guests, furnishing an office, or managing technology. Everything you need to run your business smoothly is included in your membership.

A prime business address

A highly sought-after business address can work wonders for your brand and credibility. By working in a coworking space, you can choose from various locations that are easily accessible and in coveted corporate locations.

This not only elevates your brand but also gives your clients and customers confidence in your business.

If you’re not ready to take on a desk or office space yet, you can even start with a virtual office membership. This gives you access to the business address, for your website, marketing, and SEO, as well as mail forwarding and sometimes even an optional virtual receptionist add-on.

As your team grows, you can upgrade this membership to an in-office membership. 

Functional design

The layout of a coworking space tends to be designed with both form and function in mind. With a mix-used office layout that includes meeting spaces, private offices, phone booths, breakout spaces, couches, and more, you and your team will have everything you need for effective work. 

 

Coworking spaces clearly offer a wealth of benefits for startups, making them a smart choice for founders and entrepreneurs looking to take their business to new heights.

From flexible membership terms and all-inclusive amenities to a prime business address and functional design, coworking spaces have everything you need to succeed in today’s fast-paced business world. 

Hub offers a selection of coworking spaces across Australia in prime locations, for as little as $250/month with flexible terms and no long-term obligations. Find out how much your startup can benefit from a coworking space by speaking to a member of our team today.