What Makes A Coworking Space Unique?
Running a business is one of the most rewarding, and yet one of the most difficult things you’ll ever do. You wear so many hats and yet, there’s never enough room on your head. These hats are stacked on top of one another, leaning, almost falling, and you’re doing all you can to keep them there.
Every detail of the business is up to you. Every essential decision that needs to be made is in your hands. There’s no denying that running a business can be a daunting task. However, with a bit of knowledge, you can be ready to make important decisions.
One of the decisions you need to make is where you’re going to run things. While many small businesses begin in the home, there typically comes a time to move on from those humble beginnings. If you want to grow and scale your business, where you run things is important. Your business space can either help or hinder things, making it a top priority to choose the best place to run things.
If you’re wondering whether it’s time to move on from your small business beginning to an office or coworking space, look no further. Here are 8 signs that it’s time to move your business out of your home:
You’re Distracted
When you first start your business and you’re working from home, it can feel like ultimate freedom. You don’t have to go anywhere! You can wake up, relax, make some calls in your pajamas, and do whatever you’d like. It takes discipline to establish a solid routine.
Working from home can be great, but eventually, you’ll come to realize that you’re not getting as much done as you should be. Why? Distractions. There may be a few things to distract you no matter where you are, but at home, it can be endless. There’s your kids, your significant other, your dog, your cat, your tv, your bed, and more.
If you’re going to run a successful business, you need to be able to focus completely on your work. Separating your work and home life is an important step in the flow and growth of your business. When you notice yourself getting distracted more and more often, that’s a good sign that it’s time to look into a small office or coworking space to keep you focused and help you get your work done. While an office might provide you with some of the private, uninterrupted space you’re looking for, a coworking space offers just as much focus and clarity without the hassle and expense of renting your own office.
Your Meeting Room is Starbucks
As your business grows, you have more and more meetings with potential clients. Without an office space, you’re stuck trying to figure out the best way to hold successful meetings.
Whether you’re meeting your clients online or in-person, you’ve found that home isn’t the best place for them. Everything that distracts you from your work looms over your meetings, creating disruptions and causing frustrating distractions. Instead of battling the at-home meeting obstacles, you’re scheduling your meetings for Starbucks and other easy, sit-down cafes.
While it can be a laid-back, nice way to meet your clients on occasion, it’s not a permanent solution. The more you grow, the more meetings you’re going to have. Planning to hold each one at Starbucks isn’t a sustainable solution.
In a coworking space like Blue Mind Coworking, you can rent out conference rooms or private offices to hold your meetings in. The available rooms in coworking spaces are comfortable and private. You won’t have to worry about scheduling all of your meetings consecutively to minimize driving, and you won’t be obligated to buy every client you meet a cup of coffee.
If your business is growing and you’re having to schedule a handful of meetings every week at Starbucks, it’s time to start thinking about joining a coworking space. Coworking spaces offer many ancillary benefits and support for small businesses as well, including the opportunity for professional networking, professional-grade “virtual presentation” space to minimize distractions, and the opportunity to vary your work environment to drive productivity and creativity
Privacy is Pertinent
At some point, you’re going to be handling sensitive, private information. Whether that’s financial details, personal details, or something else, the very nature of a business requires some sort of private information to be passed from one party to another.
Meeting with clients at home or at Starbucks means that you’re going to be collecting this private information in an unsecured location. This will be off-putting for a number of clients, who want to feel like the information they pass on to you is going to be secure and confidential.
When it’s time to start collecting personal information from clients, it’s time to join a coworking space that provides you with the secure, private location to do so.
You’re Doing Well
Remember all those hats that are stacked up on your head? The ones that you have to keep from falling? As your business takes off, you’ll be able to start taking those hats off and giving them to someone else.
Delegating your hats, or tasks, to others, is a sure sign that your business is doing well. It’s also a sign that you might need to move into an office. Once you establish a sound revenue stream you’ll be able to hire a team to work for you. You can also expect an influx of meetings and higher standards from more “professional” clients.
You’re Lacking Organization
The success of your business depends on your productivity. Whether it’s just you or you have an entire team working for you, the effectiveness of your business processes is essential. If your work environment is lacking in organization and flow, your business’ productivity will suffer.
There are many factors affected by an unorganized work environment. The overall focus and productivity of you and your team directly impacts your business’ ability to function and make a profit. When you have various team members working in different locations, trying to meet, connect, share information, share files, and more, it can become chaotic and not optimized for success.
If your business isn’t as productive as it should be and your team is getting stressed out over the lack of a cohesive work environment and seamless processes, it’s probably time to find a space where you can get your business organized and focused. In a coworking space, you can rent a desk or a private office that gives you the space and time to organize your business and make sure things are running smoothly.
You’re Looking for a Confidence Boost
Starting a small business and getting it off the ground is hard work and can sometimes feel deflating. This is especially true if you’re comparing yourself to larger, more successful businesses.
When you’re working from home every day, the feeling of frustration and lack of motivation can be overwhelming. By getting out of your house and into an office building with other hard-working, motivated professionals, you’ll begin to feel like you’re running a “real” business.
Instead of staying home in your pajamas every day, you’ll be getting up, dressing your best, and heading out to your coworking space in order to accomplish the needs of your business. This simple act can give you a huge confidence boost, providing the motivation and clarity you need to take your business to the next level. Not only that, but the other entrepreneurs and professionals you share space with will provide you with the motivation and encouragement you need to step up your game.
You’re “Whale Hunting”
When you are first getting your business off the ground, you’re dealing with any clients you can find. However, eventually, you’re going to go for the gusto. Going after bigger clients can be exactly what you need to effectively grow and scale your business. Unfortunately, meeting with bigger clients can be virtually impossible without a proper space.
You need a quiet, professional place to meet with your bigger prospects. The conference rooms and private offices in coworking spaces enable you to offer a nice, inviting, and professional space to meet. This additional bit of professionalism may be just the boost you need to land the bigger clients that enable your business to grow.
You Find a Great Price
Obviously, when you’re considering an office space, you’re going to need to start looking at costs. The price of an office space will depend on a number of factors including square footage, location, and more. In fact, there are a number of costs that many people forget to consider when they’re looking at office spaces. These costs include insurance, furniture, utilities, supplies, maintenance, and more.
With so many additional costs, it can be hard to find a price that you’re comfortable with. Oftentimes, the best option for a business is to rent a coworking space instead of leasing a private office space. With a coworking space, you can rent for a lower rate and gain a number of incredible benefits. Blue Mind Coworking is a high-quality coworking office in Wilmington that provides the space needed for entrepreneurs, startups, small businesses, and remote workers.
This 7600-square foot coworking space is in a central location with plenty of included parking, and in close proximity to top restaurants and coffee/espresso bars. The space is set up to be a creative, motivating community workspace that ensures a focused, calm mind, top-notch performance, and a huge increase in productivity. Blue Mind Coworking’s mission is to be a partner in the success of their members by providing exceptional value and support, while offering a very cost-effective professional environment in which to thrive.
At a high-quality coworking space like Blue Mind Coworking, you receive all of the benefits of an office space without the added hassle and costs. For one set monthly price, you can rent table space, a desk, a private office, and more. You won’t have to take care of upkeep, nightly cleaning, utility costs, or anything else that comes with leasing a private office building. No matter what type of business you run, you can find a top-notch, low-cost office option from Blue Mind Coworking.
Take it All in
Your business is yours, whether you choose to keep working from home, lease a private office building, or rent space from Blue Mind Coworking. Before you make a decision on your business’ location, you’ll want to examine the various options available to you, as well as their costs. In fact, most people who have used a coworking space will be the first to tell you about their increased levels of creativity and their returned focus.
Blue Mind Coworking is an incredible option for businesses in the Wilmington area who are considering upgrading to a real office space (check us out in the news here). Whether you’re looking for a coworking space, a dedicated desk for you and your work, a private office, a podcast room, a conference room, or even just a virtual mailbox, Blue Mind Coworking has exactly what you need. Give your business the opportunity to become organized, productive, focused, and ready for success.