The traditional office structure has been around for a very long time. It is only with the rise of the internet and the digital age that this structure has started evolving. Coworking spaces and virtual offices are growing in popularity with each passing day. While most traditional companies might think that coworking offices are for freelancers and startup owners, this couldn’t be further from the truth. 14% of all coworkers actually come from large companies and traditional offices. This number is predicted to go up to 40% over the next five years. Even companies like Google and Twitter now have employees working out of coworking spaces. Here are some of the biggest reasons why corporate offices are moving to coworking spaces and why your company should do the same.

• Benefits of corporate coworking

The biggest advantage that coworking spaces offer for both freelancers and corporate workers are the collaboration and networking opportunities. Big companies bring a larger market reach and industry know-how, while freelancers bring an innovative approach and willingness to experiment. Such an exercise also allows companies to collaborate with and hire talent that they would never have access to otherwise. The use of coworking offices can save companies 20 - 40% of the cost in comparison to traditional leasing options. Instead of searching for an office on rent in Mumbai you can simply approach an office space provider like AccessWork and get the exact number of desks you need. Such a service can become vital when a company needs to expand quickly. Coworking offices save companies set-up costs and other overheads by allowing them to expand without spending money on furniture, interior design, office cleaning or other management fees.

• Challenges

Even with its benefits there are companies out there who oppose corporate coworking because they fear that their employees might adopt a freelance mindset. However, most coworking owners pay attention to not imposing start-up ‘values’ and ‘ideals’ onto their users. They maintain that even in coworking spaces most workers come to work on time, dress appropriately and maintain a professional decorum. A challenge for coworking spaces themselves is meeting the specific seating requirements that corporations have. Requests such as needing 30 desks placed together so that employees can communicate and collaborate are a common occurrence. The conference rooms must always be set up and ready to be used at a moments notice for any client.

Coworking offices provide a stable yet flexible environment, one that the millennial generation prefers over the traditional serviced office space. By introducing your employees to coworking you are exposing them to an atmosphere that fosters creativity, opens lines of communication and promotes independent creativity in employees. Coworking spaces disrupt the stale corporate culture and the daily monotony of working at the same desk every day while still promoting productivity and innovation. Based on its current rise in culture and utility there are many who predict that coworking is the future of all offices.