If you are a startup, a small company, or a freelancer. You need space and the solution is to rent out co-working space because you cannot have a full office just for you. After all, it increases the costs exponentially. There are many reasons why the concept of co-working spaceis becoming more and more popular and cost-effectiveness is indeed one of them.
This phenomenon is growing worldwide and especially coworking spaces in Dubai are very popular because the rents are quite high. This article will look at some misconceptions and try to clear out the air.
Myth 1: Coworking Spaces Hinder Productivity
One of the most longstanding myths about coworking spaces is that they hinder productivity. It sometimes gives a sense of people roaming around in casual clothes and not putting in enough effort. However, It cannot be further from the truth. A recent survey about productivity showed that 68% of people think they can focus more and 71% of employees think that their creativity increases while working in a coworking space.
Contrary to the popular belief, sticking to a strict routine sometimes actually decreases the level of productivity and when people work in a coworking space, they meet with employees of different companies and work in an environment where everyone around you is working brings out creativity, productivity, and better ideas.
Myth 2: Coworking Affects Employee Morale
Some people believe that coworking lowers the employee’s morale and that for the best possible outcome, employees should be under a separate roof with their management. However, there is no solid backing behind this argument.
Research shows that people feel more energetic and motivated when they see people around them doing their respective jobs with enthusiasm. A survey showed that 84% of respondents said they were more engaged in their work when working in a coworking space. Moreover, working in a secluded place with a strict routine can make employees feel lonely and unsettled.
This is why it should not be an issue of productivity because if a company’s employees have a reason or goal to achieve then they can work with high morale provided they have a safe and healthy environment no matter if it’s a coworking space.
There are many business centers in Dubai providing a perfect environment for working and providing the best possible coworking experiences to numerous companies and startups.
Myth 3: Coworking is isolating
The idea that coworking isolates employees is nothing but flawed because the core reason why coworking started in the first place was to eradicate isolation from the lives of people working in isolation and for people whose jobs naturally don’t have employees.
Coworking brings the best in people and removes problems because of the coordination and friendly working environment that it promotes. The very idea behind coworking spaces is to eradicate isolation and build a culture that promotes a diverse culture of connecting people while driving innovation and creativity.
Myth 4: Coworking is expensive
The fact is that coworking is the exact opposite of being expensive. The idea behind coworking spaces is that the cost gets divided and not one company has to pay for a full building or a floor. It takes away the headache of paying the bills, rental costsfor the most part, and management of the premises, allowing the business owner and the employees to focus on the job.
Coworking spaces allow businesses to have a headquarter without the drawbacks of owning a full facility. Moreover, it allows you to expand as you go. Meaning you can add space when you see fit and not rent a full flow, furnish it, and if things go south for a while, you pay the costs without returns. Dubai is expensive and businesses find it hard to manage office rent and overheads, many businesses make use of coworking spaces in Dubai.
Freelancers do not need a huge office and for them, it’s an extra cost that they do not really need to bear. They can rent an office space pay as much as they need to. It can decrease costs for them manyfold. Dubai hosts thousands of freelancers and because of expensive rental costs, most of them opt for serviced office spaces in Dubai.
Myth 5: Coworking is for One-man Bands
The concept of coworking indeed during its earlier was exactly this but as time passed and people realized its benefits, an increasing number of established companies opted for this cost-effective option. There is no denying that coworking takes away many of the worries both employers and employees face which makes them focus on the core job, that is to work and grow.
In this advanced age, no one should be rigid about new ideas and innovations but be welcoming to them and coworking is undoubtedly a newer concept that has grown to become a popular phenomenon.