Renting office space requires a high cost. In Jakarta, the office rental price in Sudirman now has an average price of INR 300,000.00 per m² per month. To reduce your business expenses, you can consider moving to a co-working space, or what is commonly called a co-working space.
Co-working spaces offer many entrepreneurs and small business owners an affordable place to set up a business in a collaborative environment.
A co-working space generally offers facilities in the form of work desks, Wi-Fi, fax services, conference rooms, and kitchens, and some places even provide office administration managers and secretaries who work for their members.
1. Save on Operational Costs
By using a shared workspace, you reduce expenses for rent, electricity, internet, to small things like water, coffee, and snacks.
2. Social Motivation
If you are a solo worker, working alone at home can be lonely, especially if you are a sociable extrovert. Working around like-minded people can provide you with even more inspiration and motivation.
In the coworking space, you’ll have the opportunity to build connections and collaborations with other small business owners. They can be partners in the discussion and exchange of ideas.
Some co-working spaces have a specific theme such as international business or technology, allowing you to build connections with peers from the same industry.
What’s more, the co-working space rental package that offers training/workshops can make it easier for you to build connections with other business people as well as improve your skills in a classroom atmosphere.
You can work however and whenever you want. You can leave your co-working space and move to a permanent office when it’s time.
5. Separation of Work-Life From Personal Life
If you have been working at home for a long time, of course, you feel that often work matters are mixed up with your personal life because you can never really leave your job.
By working in a coworking space, you are allowed to separate your personal life from your work life at a relatively low price. This certainly can have a positive impact on your productivity.
Working in a co-working space is not necessarily ideal for everyone, and for some people it may not be suitable due to lack of privacy, noisy office space, too many belongings, and different habits from others. If you don’t think a co-working space is the best option, here are a few options to consider:
1. Small Business Incubator
This program is sponsored by private companies, investors, and public institutions with the aim of developing new businesses, namely by providing business owners with a workspace and other business needs.
2. Executive Office Space
Executive office space is: a company lets you set up an office in a room inside the company office. You can rent as much or as little space as you need at a relatively affordable price.
You may have to share the use of a shared kitchen and bathroom, but your workspace is still your own.
3. Joint Office
If you know another small business owner who also needs a workspace and has work habits that suit yours, you can rent a shared office and share the space.
4. Using Telecommunication Facilities
Technology makes this possible and easy to work anywhere. You and your workers can work from home and still collaborate online easily through some free telecommunication media such as Skype, Google Drive, and Google Docs.
In addition to a conducive workplace, it is also important to manage your business finances in order to continue to increase profits. Both those of you who are starting a business or whose business has been running for a long time will need accounting software to manage your business more easily.