With business growth comes costs; something we are all very aware of. But why should growing your business mean spending more money?

Open up cash flow

Using a co-working space can open up a ton of cash flow. By placing new employees in a co-working space it allows you and your business more flexibility. Co-working spaces cost much less than a traditional lease or existing building fit ups. With a co-working membership you can grow at your own pace by avoiding expansion costs and having the freeform to scale up and down as needed at any time.

They also allow you the opportunity to save on day-to-day office costs like coffee, utilities, desks, cubicles, office chairs, meeting rooms, printer maintenance, internet and even a receptionist, which all really add up!

A collaborative space to grow

Co-working spaces attract like-minded entrepreneurs, so it is a place where collaboration thrives and networking connections are made daily. Having your workers in a shared co-working space allows them the ability to connect with members of other businesses for brainstorming and/or client roster growth. Think of it as a “business incubator” at your fingertips.

There is something for all workstyles & budgets

Co-working spaces like La Place offer several different types of membership options to suit your needs and your budget. From shared part-time co-working to dedicated desks and private offices, you have the option of multiple different levels of membership for any budget.

On top of that, the shared spaces like meeting rooms, utility room, kitchen and lounges offer a welcoming, airy, but cozy feel that make your employees feel comfortable and at home in their space.

Keep your workers happy

Having your workers in a shared co-working space not only allows them the flexibility and freedom to work in a style that is best for them, it also displays trust from your end.

When a worker is able to do their tasks in a non-micromanged environment, surrounded by like-minded people, they are more likely to turn out higher quality work. This limits burnout, and causes overall happiness in their work, keeping them around longer with your company.

Prime location

On top of saving you costs on a high end lease, co-working spaces are usually in high traffic prime locations. This makes things easy for your workers to access, with amenities around that may be needed and also provide you and your workers with on-site or nearby parking. Just another added bonus!

If you are looking to see how co-working can contribute to the success of your business with your next hire, contact La Place to schedule a free trial day and find out more about the membership option that works best for you!