6 Reasons Why Coworking Spaces are Popular Among Startups

Now having a business in  Jakarta is no longer an unattainable dream for Millennials of Jakarta. With the variety of technologies at our fingertips and flexible office rental plans coworking spaces made available to businesses, office operational costs are getting increasingly more affordable for entrepreneurs in Jakarta.

For those of you who are starting a business, having a comfortable yet professional office is paramount as it would help support your growth. According to a survey conducted by an American commercial brokerage firm, CBRE, as many as 44% of startups choose to rent coworking space as opposed to traditional offices. This survey also predicts that in 2020, as many as 65% of companies will use coworking space as their office.

Here are a few reasons why Coworking is so popular amongst small businesses and startups :

1. Flexible Leases

Renting coworking space means just renting the exact space you need for your team members. For example, if your company only has 3 employees, you can choose an office suite that fits 3 people and always have the option to move to a bigger office suite whenever you hire more people. You do not need to worry about renting an office that is too small or big as you are allowed to upgrade or downgrade to a different office suite anytime.  

2. Save Costs

For startups and rapidly growing businesses, keeping a tight operations budget is high up on the priority list; Company funds should be wisely allocated to other things such as business development and growth. The presence of Coworking spaces in Jakarta, makes it more affordable to have an office in a prestigious office building Central Jakarta. Coworking Spaces rental plans usually also include services such as daily cleaning, concierge, and receptionist services. Therefore, companies no longer have to hire their own office manager, receptionist, and office boy thus lowering their company headcount.

Fully Furnished Offices at Avenue8 Offices (Source: Avenue8 Offices)

3. Efficient

As a startup founder, time is your most valuable commodity; You would not want to be burdened by the arduous task of office management. Coworking space is the perfect solution for startup founders because they would not have to worry about office management and maintenance maintenance. For example, if there is damage in the air conditioner or coffee machine, you do not have to call the technician yourself because it will be taken care of by the coworking space manager.

4. Strategic Locations

One other reason that makes Coworking popular among startups is because it makes it affordable for companies to rent CBD offices thus helping them maintain positive company image. Being located in a prime location helps startups and new businesses quickly gain the trust of clients and investors as it is a reflection of financial health and commitment to the business.

5. Facilities Support Company Growth

Coworking Spaces usually provides other facilities that help support growth such as private phone booths, unlimited WiFi, photocopy machine, telephone or fax. Coworking spaces also provides meeting rooms that can be used for team discussions, workshops, seminars, or client meetings. The use of these facilities are all included in the coworking space rent. The comfort being part of a Coworking Space Jakarta community brings can also increase employee productivity and bring a positive impact to your company. 

 6. Business Support & Concierge

Coworking Spaces also provide additional business support services such as Virtual Office, company incorporation, domicile services, and more. Some coworking spaces, such as Avenue8 Offices, even provide Concierge Services to help their members with the little time consuming tasks that they have to do so that they can fully focus on their business.

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Experience The Avenue8 Advantage today. Contact us for any Private Office, Coworking Space, Virtual Office, Meeting Room, and Event Space inquiries.

As featured on: The Jakarta Post, Daily Social, Detik, Tech in Asia, and more.