Real Estate Investor Magazine February 2023 | Page 73

What are the advantages of a coworking space ?
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2 . Fewer networking opportunities

In a traditional office , you get to meet and mingle with your coworkers on a daily basis . But meeting like-minded people from other companies and sectors proves more challenging when there ' s just one company under one roof .

3 . Long-term commitment to one location

A flexible workspace may suit you better if you want the freedom to move and not commit to a long-term agreement . That way , you don ' t have to make decisions now about the future of your business , and you ' re free to move with the needs and growth of your business .

What are the advantages of a coworking space ?

1 . Collaboration opportunities

Coworking spaces break down the barriers that traditional offices can have . When you opt for a coworking set-up or hot desks , you immerse yourself in a social environment . You ' ll get to focus on your work , but you ' ll also get the opportunity to have social interactions with others who work in different industries and professions .

2 . Work-life balance

Many professionals enjoy a better work-life balance while working in a coworking space . Coworking spaces tend to have a communityinspired structure , making them more
SA Real Estate Investor Magazine FEB 2023 73