Co-working office spaces are the opposite of modern-day traditional offices. Working spaces are ideal for everyone, from the entrepreneurs running a small business, to remote workers at a large company looking for a professional work environment without the high upfront costs and long-term commitment of traditional commercial office space. 

The popularity of co-working office spaces comes from their ability to build a community of like-minded people. People find themselves networking and participating in their local business community inside the private offices or at suites with inclusive office-like amenities such as hot desks, private meeting rooms, kitchens, coffee, and more.

Why are co-working facilities attractive to entrepreneurs? Keep reading to find out the reason entrepreneurs prefer co-working office spaces to the traditional office?

Flexibility

A co-working facility offers what a traditional office cannot: flexibility. They provide flexibility in two manners - flexible terms for working spaces, and the ability to control your schedule. 

Flexible Terms

At the traditional office, you have to finish out the lease term of your rent or stay at a permanently bought office space, no matter the circumstance. On the other hand, co-working office spaces have different membership plans that allow you to use co-working spaces monthly, weekly, daily, or even hourly. If you are moving, or a closer working space opens up, you can easily cancel your membership plan without any reprimand. 

Flexible Schedule

Co-working office spaces are generally accessible 24/7, giving people the chance to stay at work longer, take a long break between the day, and even work from home, without repercussions. You don’t have to come in at 8 am and leave at 5 pm, Monday through Friday. This is not the standard office setting; you are in control of your schedule. According to your plans, you can accommodate the days you work from home, the days you work from a co-working space, and the days you relax with your loved ones. 

Cost Effectivity 

The familiar office setting for established businesses is usually located in the heart of downtown. The cost of an office space in the business district is extremely expensive for entrepreneurs and small businesses. The idea of renting a traditional office space would be unfathomable. Co-working spaces are much more affordable and cost-effective as well. They give entrepreneurs the opportunity to be in the center of the hustle and bustle at a lower cost than a traditional office. Overall, co-working facilities are about 60-75% more cost-effective than a common office.

Inclusive Amenities

With co-working spaces, entrepreneurs have everything they need at their fingertips. They don’t need to worry about providing furniture, office equipment, or desks and chairs. A co-working office space creates the ideal work environment and work experience by supplying amenities such as parking, on-site security, café, gym, 24-hour access, conference rooms, an on-site receptionist, and services such as mail delivery. 

Amenities to Expect from Most Co-working Spaces: 

• Desks and chairs
• Printer, scanner, and copy machine
• Kitchen area with all the necessary kitchen appliances
• Wi-Fi router with high-speed internet connection
• Meeting and conference rooms
• Access to establish business 
• Leisure Equipment like a movie theatre room, table tennis, pool, etc. 

Networking Opportunities 

Co-working office spaces establish a community of hard-working entrepreneurs eager to grow their businesses and expand their network. The work environment differs from the traditional office format, as you are sharing working spaces with numerous talented individuals and companies that want to collaborate. A co-working environment provides a flexible, convenient, and professional work environment that encourages productivity. But they also surround you with other entrepreneurs that could potentially be the photographer that shoots your upcoming campaign shots, or your next client. 

Another great thing they provide is packed event calendars filled with networking events, private industry events, and meet and growth opportunities. You could also join a networking group, which expands the networks of entrepreneurs, and guides you in building brand awareness.

The Benefits of Networking Groups for Entrepreneurs:

• Connections
• Increase of referrals
• Raising brand recognition
• Partnership opportunities
• Exclusive access to business resources 

We highly recommend the global community platform Cannon Connect. Cannon Connect hosts webinars with experienced business advisors and offers resources such as receiving startup funding, attending private industry events, and more. 

Entrepreneurs Thrive with The Cannon

At The Cannon, our community was built for one purpose — to help innovators thrive. We are dedicated to providing entrepreneurs with the tools and resources they need to grow their networks, connect with experienced business advisors, and build their professional communities. Our six co-working spaces are located throughout Houston: West Houston, Downtown Houston, Post Oak Houston, Esperson, Galveston, and Uptown Houston Sports + Media. 

For entrepreneurs that aren’t local to Houston, there is also Cannon Connect. It’s a startup community platform focused on developing the digital and social infrastructure required to support entrepreneurialism and innovation across the globe. 

Co-working office spaces are beneficial for new businesses because they are a hybrid of a well-designed work environment and well-curated work experience. This combination allows entrepreneurs to thrive when creating and launching their businesses because they are connected to networking opportunities, have inclusive amenities, affordable office spaces, and have the flexibility to control their schedule. 

Still, wondering why are co-working facilities attractive to entrepreneurs? Visit The Cannon’s co-working office spaces or join Cannon Connect to receive access to business education models, access to advisors with decades-long experience, pathways to investment and financing opportunities, and most importantly—community.