Coworking vs Homeworking – what’s best for you?

The majority of our members are freelancers, small business owners and employees who are managing to balance work and family life through flexible working. They have chosen coworking over home-working and its easy to see why. Coworking allows you to separate work from home, maximises productivity and creativity, reduces loneliness, helps you create a network and makes your business more professional. If you are planning to set up your own business, or know someone who is, check out this article from Deskhub explaining why coworking is a smart investment: “There is a constant feeling of community in a shared working space, with the possibility of expansion of business, clients, and networking.”

For one of our first members, Third Door (Workhub & Nursery) was just what they needed when setting up a business after having their son. “The energy in the Workhub and supportive atmosphere between coworkers gave me the confidence to develop and grow my business. Through the networking opportunities that Third Door presented I secured new clients and met fellow entrepreneurs…”.

But it’s not just start-ups that are seeing the benefits. A growing number of companies, large and small, are now exploring how to incorporate the concept of coworking. According to a report by real estate consultancy JLL, coworking offers a new ecosystem that encourages innovation, accesses disruptive energy and offers larger corporates a direct link to the “sharing economy”. “42% of companies expect collaboration with entrepreneurs to accelerate disruptive innovation”.

More and more companies are seeing coworking as the way to provide flexibility to their employees and attract talent whilst retaining team spirit and fostering innovation. We therefore think this is just the beginning for the growth in coworking and that services (like childcare) will need to adapt to meet the growing demand – watch this (coworking) space!