Venture X Response to Coronavirus. Read Here

News

August 07, 2020

20 Benefits of Coworking or Flexible Office Spaces

Does working in coworking spaces really benefit? The question that is always asked. And the answer is YES. It has proven beneficial not only for businesses of all sizes but for individuals seeking a place to work outside of the house. This article will give you a deeper insight into the advantages of flexible workspaces. This article will describe the 20 benefits of using coworking spaces. Each one is important for you and your business to thrive.

In the midst of the COVID-19, the term “coworking” takes on a brand new meaning. During these difficult conditions amidst the pandemic, you might hear the word “coworking” and wonder “how exactly does that align with social distancing?”.Well, we at Venture X Lewisville - The Realm at Castle Hills are here to assure you that we prioritize the safety of our members above all else.

Our open spaces are cleaned and sanitized several times daily and face masks and social distancing are enforced in the open areas of our space. Not only do we have a sophisticated product that scans the face and temperature of every person that enters our space at the door, but we also have private sanitized offices in addition to the variety of options we offer our members. For more information on those options, feel free to read benefit number fourteen!

 

Table of Contents

 

1. More Networking Opportunities

2. Flexible Environment

3. All-Time Accessibility

4. Increases Productivity

5. Lower Office Expenditure

6. No Cost of Operation

7. Access to Best Equipment

8. Increase in Business Opportunity

9. Coworking with Like-Minded Experts

10. Boost in Creativity

11. Corporate Mailing

12. Great added Features

13. Value-Added Services

14. Membership Options

15. Comfortable Working Area

16. Central Locations

17. Event Holding

18. An Ideal Meeting Place

19. Access to Fast Internet

20. High-Profit Margins

Why Venture X Lewisville - The Realm at Castle Hills?

1. More Networking Opportunities

It is the utmost benefit of coworking spaces. Coworking space offers a significant advantage by allowing you to connect with other individuals while adhering to the guidelines that keep you safe in the midst of COVID. You get to meet more & more professionals, interact with people from different professions.

At Venture X Lewisville - The Realm at Castle Hills, you get the amazing opportunity of maintaining social distance, not social isolation. Meeting new people from different occupations helps you gain more knowledge, expand your network, and get more exposure. Venture X Lewisville - The Realm at Castle Hills offers all these things and more! Individuals, as well as companies, have experienced business growth through networking in these flexible workspaces.

2. Flexible Environment

The working environment is accommodating. There are no strict confining rules or guidelines to follow when using the services we offer, so you have the flexibility to work and grow. A member can book a desk/space that they desire& work according to their will. Even startups &small companies use coworking spaces. They get to select the workspace according to team size.

3. All-Time Accessibility

Our coworking space is accessible round the clock. It enables you to plan your work and accounts for the occasions where you may need to change your schedule. There are times where you may need to work at night or on weekends. In such cases, coworking space is the best option.

Venture X Lewisville - The Realm at Castle Hills is open 24/7 for your convenience. Whether it’s day or night, you have access to all the facilities. If you need to work on weekends & holidays, you can! Our accessibility ensures that you can be readily available to your clients during a crisis at any given time.

4. Increases Productivity

For freelancers, coworking space creates a more structured and productive environment. At home, there are a lot of distractions that make it more difficult to focus on. It is hard to focus on work all the time while working at home. Eventually, you start to see a decrease in your productivity.

However, with coworking workspaces, such as at Venture X Lewisville - The Realm at Castle Hills, the distractions that often divert your attention away from work when you’re at home are no longer present. Instead, you’ll find yourself surrounded by like-minded professionals who are dedicated to their work. Without the looming threat of interference, you can finally concentrate. You achieve targets on time and bigger tasks take less time to complete. You can plan a longer or shorter work duration considering your targets.

Furthermore, by going to a particular place for work, you can solidify work mode. It offers a great transition out of casual mode.

5. Lower Office Expenditure

Offices are a necessity for all businesses. Whether you’re a freelancer or part of small scale business, workspace is a must. But setting up a well-equipped office is expensive requires a lot of funding. Even though it’s a rented place, you would need furniture, machinery &office equipment, which can be very costly. All these expenses can be a heavy burden; especially for small businesses, startups, or freelancers.

The benefit of coworking spaces is that you can get all these amenities at a little cost. Instead of having to buy all the office equipment on your own, you get access to ours and save money long term!

6. No Cost of Operation

In the case of owned office setup, operational costs are another pain in your pocket. The significant operational expenses are rent and electricity services. The office rent is the expense that affects your budgets. Coworking membership fees, when compared to rent and associated operational expenses are significantly lower.

Offices need to have air-conditioning, sufficient lighting, &other necessary office equipment to meet worker needs. All these amenities & equipment need the power to run. This leads to increased power consumption, which translates to higher expenses.

Additional operational costs include the internet, security, housekeeping, and maintenance. These costs hit your budgets where it hurts. All these separate expenses are eliminated when you use our coworking space.

7. Access to Best Equipment

Many coworking spaces companies install high-end equipment at their locations. This quality equipment is meant to operate fast & deliver the best output. As a member of Venture X Lewisville - The Realm at Castle Hills, you get full access to its services. We maintain all of our machines & equipment to ensure their proper function even after heavy usage. Now you can work without enduring the struggles that come with using faulty technology.

8. Increase in Business Opportunity

Flexible workspaces, like Venture X Lewisville - The Realm at Castle Hills, create networking opportunities. Making connections with people can lead to new deals& projects. You can also work on multiple projects by sharing work with other professionals. Here, you can leverage the team of experts from respective professions available at your coworking space to work on a project basis. This way, there’s no need to hire staff or create a partnership.

9. Coworking with Like-Minded Experts

You won’t feel isolated while working here. You get to interact with proficient people. Socializing with them will clear your vision & enhance your skills. The coworking facility gives you the liberty to be a part of the community. You also stay updated by exchanging information& ideas.

10. Boost in Creativity

Your creativity skyrockets as you become more exposed to new perspectives. Working with professionals improves your skillset, and generates positive energy within you. It builds the confidence needed to accept new challenges, which is a fundamental trait for success.

Generally, you absorb things from your surroundings. In coworking spaces, you are surrounded by professionals. This type of environment fosters motivation and facilitates the exchange of ideas that forms brilliant thoughts.

11. Corporate Mailing

It is necessary to make a powerful impact on clients. A corporate e-mail is one of the crucial requirements for a company. Just like a business card, your official mailbox builds your image. It is a symbol of credibility & trust. This makes having a professional mailbox a must-have. Coworking spaces also provide you with a corporate e-mail address, which is a big advantage for freelancers & startups. There’s no need to spend extra on a corporate e-mail; you can get it as part of the package!

12. Great added Features

Aside from the workspace, our facilities include a cafeteria, lounge, gym, yoga, and wellness rooms. These facilities serve to refresh your mind& soul. The gyms help you to stay physically fit and allows you to get off that office chair you’ve been sitting in all day for some circulation. Yoga & wellness rooms, on the other hand, help relieve both mental & physical stress.

Sometimes, you just need an escape from work. Fear not, that’s what our cafeteria is for. There’s nothing like a nice cup of coffee or a refreshing beverage to bring you back to life again! 

13. Value-Added Services

Coworking spaces provide value-added services for their members. As a member, you get these services at a discounted price. The facilities such as HR services, loan assistance, technology assistance, even restaurant discounts are just a few of the services Venture X Lewisville - The Realm at Castle Hills has to offer. They have full-service HR benefits, in which they are experts. The idea of providing these services is to let you focus on your work while they take care of the HR role. 

14. Membership Options

You get to select your membership category. There’re several options to suit your needs from shared desks to private offices, and from daily rates, weekly rates, monthly and yearly rates. The flexibility component allows you to choose which of our spaces suits you best.

At Venture X Lewisville - The Realm at Castle Hills, we offer a range of selections for our members as follows:

  • Virtual Offices
  • Shared Desks
  • Dedicated Desks
  • Private Offices

You can opt for whichever fulfills your requirements.

15. Comfortable Working Area

Many offices at Venture X Lewisville - The Realm at Castle Hills include a window with a great view, making the atmosphere of your work environment even more pleasant.

Formal & casual seating options are available for you to select at your convenience. We also have outdoor sitting to let you enjoy while working and relax against the backdrop of the dancing fountain. Sometimes fresh air is helpful to refresh the minds.

All coworking spaces at Venture X Lewisville - The Realm at Castle Hills are designed to make sure you experience work in comfort. We also provide great services on your desk, so that you can work without interruption.

16. Central Locations

Another notable benefit is our advantageous location. Our coworking space is centrally located as well as easily accessible through any mode of transport. The examples of central areas are the commercial spaces & business hubs. Not only does this make your commute stress-free, but the commute of your clients too.

Situated in the rapidly growing Castle Hills area of Lewisville and The Colony, Venture X Lewisville - The Realm at Castle Hills is a perfectly located coworking space. (https://www.castlehills.com/)Companies like Toyota, Liberty Mutual, FedEx, & JP Morgan are in close proximity. The Dallas Fort Worth Airport is a mere 15 minutes away and our location is just off of State Highway 121: a major Texas highway.

17. Event Holding

Coworking spaces regularly hold various corporate events & training. Attending or hosting such events & training can be helpful for your business. At Venture X Lewisville - The Realm at Castle Hills, you can get access to such events, and we’re more than happy to host them in our space. Venture X Lewisville - The Realm at Castle Hills avails you a unique & remarkable space for all kinds of events, please visit our website if you would like to hold an upcoming activity in our space (https://venturex.com/events/).

Whether it is a private event or a community one, we guarantee our space is the perfect choice for you. Our skilled hospitality staff will ensure the success of your event. The modern designed spaces are ideal for any occasion. Whether it is a product launch or a yoga class, this is the prime place.

18. An Ideal Meeting Place

The coworking space is an excellent meeting place and it’s fully equipped with all office facilities. It is essential to present your work to clients in an impressive manner. Luckily, at Venture X Lewisville - The Realm at Castle Hills, there are plenty of conference rooms available. These rooms are well-equipped in accordance with your business needs. 

You can hold your meets & presentations in here. You can plan formal as well as casual meetings. The conference rooms are a formal meeting space, while the lounges offer more of a casual setting. You are given the flexibility to select the place considering the form of your meeting & the client.

19. Access to Fast Internet

High-quality internet service is a must for ideal working conditions. To complete the tasks within a set time, people need a strong internet connection they can always depend on. Some professions include big data transfers and use data such as videos & graphic designs. To upload or download such data, internet speed is crucial. All good flexible workspaces understand this need. That’s why Venture X Lewisville - The Realm at Castle Hills prides itself on being equipped with speedier internet.

Such high-speed internet service can be expensive. The plans & installation costs are too high and can prove to be unaffordable for individuals or small businesses.  By using the internet here, you save money you would have otherwise had to spend on paying for high-speed internet separately. 

Venture X Lewisville - The Realm at Castle Hills provides super-fast high-speed internet. So, you don’t have to worry about connections while working. You can continue working smoothly without a nuisance.

20. High-Profit Margins

The product & services cost is directly dependent on the expenses.  When the costs are higher, so is your price. You get all facilities in one single charge. The charge is also reasonably low, especially when compared to owned office spaces. This keeps your overheads low, enabling you to provide your service at a competitive price while earning good profits. The lower the price of your services, the more business you gain. Putting more money in your pocket!

Why Venture X Lewisville - The Realm at Castle Hills?

You might be wondering: “what separates us from every other coworking spaces company?” Well, here at Venture X Lewisville - The Realm at Castle Hills, our motto is“your dream is our dream”. Most importantly, we’re locally owned but globally connected. From Canada to the UK to Australia, Venture X is everywhere!

However, we pride ourselves on maintaining the high quality of our service from location to location. Our owners and staff will always take care of you, and membership here means membership to Venture X locations globally! Many coworking companies have workspaces, but we work extra hard to provide the best conditions to fit your working desires.

Our equipment & amenities are of high quality. Your performance gets amplified, your business expands by connecting with new people, your costs are cut in half, and you earn high profits. So what are you waiting for? Flexible workspace is the future! Look no further, Venture X Lewisville - The Realm at Castle Hills is the place for you! Feel free to visit our website below and call us to schedule a tour!

https://venturexcastlehills.com

 

About Author Ese Aihie

Ese Aihie is the owner of Venture X Lewisville - The Realm at Castle Hills. She is a subject matter expert on the inner workings of the coworking industry. Ese is also the founder and CEO of Work Innovators: a company that delivers managed services in technology, workforce, and workspace solutions.

You can find her on LinkedIn at: 

https://www.linkedin.com/in/ese-a-a6182229/

About Editor Ama Aihie

Ama Aihie is a sales and marketing associate at Venture X Lewisville - The Realm at Castle Hills. She is an avid reader with a passion for writing. Ama often writes pieces concerning real-world issues, and she’s an expert on writing anything from business or politics to fiction novels or personal experiences.

You can find her on LinkedIn at:

http://linkedin.com/in/ama-aihie-30b52b1b1