Co-Working Space: Incredible Ways For Start-Ups To Grow

Co-Working Space: Incredible Ways For Start-Ups To Grow
Start-ups usually are synonymous with the sharing economy, but this principle also applies to the workspace. More small businesses and start-ups are seeking for ways to make a breakthrough in modest industries. The best option is for them to join hands with like-minded firms to find office space. A co-working space can accommodate the requirements of more than one business at ago.
What is a co-work space?
A common co-working space is open-plan wherein space allows a group of people to use it in a more professional scenario.. This space is a huge office with a bunch of individuals employed in diverse businesses under the same roof. There are long working tables filled with laptops and hard-working members doing phone calls and other assisting duties. This space has been somewhat the same in coffee shops, but with knowledgeable ideas just nearby and the reduced sound of coffee devices.
How does a start-up benefit from a co-workspace?
And it makes a lot of sense. A functional workspace can play a significant role in the success of any business regardless of its size. Sharing workspaces allows small businesses to find an attractive and functional working space. They are free from the hassle of taking on the responsibility and cost of an entire office. It will enable them to reap the benefits of a collaborative working environment.
Financially, sharing operating expenses can make you save quite a lot. You can save money that would be spent on bills and inessential expenses to be instead plowed back into the business. More so, it’s used to increase your firm’s working capital.
And it’s not only the expenses for renting the space that can be shared. Sharing the cost of recurrent office bills like power, lounge, the internet, telephone and regular upkeep could possess a bigger impact than you imagined. In the initial growth stages of many novel firms or solopreneurs, this is crucial as they grow their long-term monetary plans.
Collaboration plus office principles are beneficial from aligning with other small firms. Having many small businesses co-inhabiting a working space has a likelihood of fostering a friendlier working environment. It encourages the sharing exchange of ideas, which eventually leads to enhanced productivity. This is through open interaction with colleagues during the day.
Various enterprises are highlighting casual staff norms and relationship-building for employees. Therefore, hosting your startup in a shared working space has higher chances of encouraging a friendlier and more welcoming working atmosphere. It could then prove to have beneficial out comings on the business side. Group gatherings, seasonal celebrations, and inter-company activities are excellent ways to take full advantage of a shared workspace. It helps develop a welcoming atmosphere for your startup business and staff members.
Co-working with other start business can spur organic expansion of your personal and professional networks. These are treasured in the early days of any start-up. From being introduced to potential new clients to mentoring opportunities, a shared office space allows a startup enterprise get industry contacts. Not just with people based in the agency, but via their extended network as well.
For additional information check out Bar Works (www.barworkspartners.com), a brand of co-working venues which has grown popular with locations in places like New York, San Francisco, Chicago, and London. It offers innovation and vibe into each of its locations.

source https://barworkspartners.wordpress.com/2017/04/05/28/

Bar Works Announces New Co-Working Investment Opening In Miami

Bar Works, the New York headquartered investment company, today announced the opening of their latest site, in Miami’s Wynwood District.

New York, United States – March 14, 2017 /PressCable/ —

Bar Works, the New York headquartered investment company, today announced the opening of their latest site, in Miami’s Wynwood District.

Bar Works is an American company providing coworking office space to entrepreneurs and startups. Through providing these spaces workers are able to thrive in an environment which encourages productivity and much valued interaction. Investors are funding workspaces to make this project a reality.

The Miami site is situated at 31 NW 23rd Street in the Wynwood district is attracting huge amounts of attention for its creative targeted offering aimed at inspiring artists, photographers, graphic designers and other solopreneurs to co work in a fresh, funky and stimulating space.

A spokesperson of Bar Works said,

“Heading for the Sunshine State makes good sense for Bar Works. Florida is peak economic growth is outpacing the national average and has much more going on there than tourism. The state has a high-value manufacturing sector that includes aviation and medical sciences, which in turn attract more businesses and a thriving financial community.”

He added, “Our new venue in the Wynwood district is right in the heart of the Arts and Fashion District and is also a tech hub. We have 7500 square feet of space, enough to provide around 350 full-time workstations and plenty of social event areas. And we believe our new alliances with Bulletproof Coffee and the Pure Green juice company will have a wide appeal across the local area bring in new members and ad-hoc members.”

Rates for the workstations and spaces are billed for as little as an hour at a time, proving a boon for new and small businesses who have outgrown the home office or studio but don’t want the added burden of a huge rental commitment.

In an innovative move, the Bar Works Miami site will also be open 24/7, helping businesses grow in the mobile and global economy where money never sleeps.

The new location is sited in a former warehouse building that has already undergone massive renovation and upgrading. There are wealth of high end retailers and services all within walking distance.

Further information can be found at http://www.barworksusa.com/wp-content/uploads/2017…

source https://barworkspartners.wordpress.com/2017/03/14/bar-works-announces-new-co-working-investment-opening-in-miami/

Bar Works: Coworking in New York: A Treasure for Affordable Workspace

Coworking in New York: A Treasure for Affordable Workspace

A few years ago, coworking was a term no one had heard off. But, it’s now becoming the new “normal” for many entrepreneurs, work-at-home professionals, independent contractors, people who travel a lot and freelancers. It is an emerging trend for a new pattern for work offering inexpensive means of office space and support.

Coworking spaces were developed for nomadic internet entrepreneurs seeking an alternative to working in offices. The “movement” is spreading with more spaces opening across the US. By 2011, estimates suggested that there were 76 coworking places in the US. This tremendous rise in coworking spaces is because of technologies like cloud computing. It is also attributed to the growing number of freelancers in the workforce. In 2016, Forbes.com revealed that 35% of the population in the US was doing freelancing.

Sharing of working space gives like-minded professionals an opportunity to network in an informal setting. It’s a very good source of picking referrals for business. Coworking is an easy way for those who offer complimentary services to connect with others. An independent professional can now escape the isolation of a home environment. What’s more, they offer 24/7 access to their facilities.

Bar Works is a franchise offering pretty much the same services at different locations in New York. It is a gathering spot for a community of individuals who need somewhere to work. They can enjoy a creative and social location which offers professional and conducive working. It also provides a credible office for a work-at-home individual who needs a reliable mailing address for their company. Here, professionals can easily get new job leads, referrals, partnerships and make friends.

There are different kinds of pricing plans for coworkers. Some are based on monthly arrangements. These vary with the frequency of use. Others are rented on “as needed” basis by day or week. Or, you could just hire their conference room. Users have to subscribe to a membership plan which suits them. There are some places which offer a free day trial to test their service.

Users of coworking spaces get a variety of services. There is photocopying, internet, phone connection, meeting rooms, fax and technical assistance. Others offer extras like an in-house attorney, free coffee and can be found in a variety of locations.

Shared working spaces for specialists are now becoming common. These are coworking spaces for people involved in a particular profession. You can find spaces with special facilities for people like designers and architects. Performing artists also have theirs with rehearsal rooms. These promote and support low-cost startups speeding up their entry into markets. Plus, helping them grow their business strongly.

If you fell like the walls of your home office are closing in on you or need a change of environment, consider coworking. Take a tour of New York’s fabulous coworking space, and you will be wowed. You can even get a free day pass to try out the facility before committing to any subscription plan. There are a lot of opportunities that await you. Including saving an incredible amount in office space when you shift your career into shared space.

source https://barworkspartners.wordpress.com/2017/03/07/bar-works-coworking-in-new-york-a-treasure-for-affordable-workspace/

The Market

The Co-working space market is the fastest growing segment of the property market. It is currently dominated by two key players, Regus ($4.8bn market cap – UK listed PLC) and Wework ($10bn market cap – venture capital backed). There are also a large number of niche operators with very few having multiple locations and few possessing a recognizable brand.

Also Wework is the closest competitor to Bar Works. However Wework caters more to the companies with more than 4 employees and Bar Works to startups and freelancers with between 1 and 3 employees.

There is a huge untapped demand for affordable work space in major cities with rents, start up costs and ongoing costs making renting office space for early stage companies prohibitively expensive.

View some of the advertising and marketing that Bar Works is undertaking in order to continue to attract members