Coworking spaces vs working from home: What are the benefits?

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If you’re self-employed or part of a remote team, you know that one of the biggest perks of working from home is that you no longer have to resume at a desk every morning. Your commute only involves walking from your bed to your living room or whatever part of your home you’ve chosen to setup your workstation.

Working from home certainly does have an undeniable appeal: No time or money spent on a daily commute, flexibility, no need to dress up (yay for working in sweatpants!), no annoying co-workers to interrupt and distract you. It really is awesome.

The thing is, as great as working from home is, it does have its drawbacks. For instance, work-life balance suffers because it’s hard to make that mental shift from work mode to ‘at-home’ mode that going to an office gives you, so you end up working round the clock. On the flip side, you might find that your other obligations at home interrupt your work: cooking, grocery shopping, errands, childcare etc.

Working from home can be distracting, especially if you struggle with self-discipline (and don’t we all?!). This is why a coworking space is the perfect medium between working in an office and working from home.

Check out these 5 benefits coworking spaces have, that would be impossible to replicate at home

 

Opportunity to network, connect with other professionals and grow your clientele.

One of the best things about coworking spaces is that it is usually a diverse community of entrepreneurs and independent professionals. From the regulars on a membership plan to the drop-in users who come in occasionally to use the workspace and other facilities like meeting rooms, you’ll meet different people daily. There’s always someone to learn from and share ideas with, recommend you for opportunities and engage in conversation. Coworking spaces gives you access to  people who have different (and usually complementary ) skillsets and experiences to yours, that you can take advantage of. At home? It’s just you and the TV.

 

 you get to give your work 100% focus!

you get to give your work 100% focus!

You get to keep distractions at bay

Working from home is great, but it can be a constant battle to focus on actual work. Between the snacks in the fridge, friends dropping by, the ‘need’ to take a nap, it takes great discipline to ignore all these distractions and get work done. Getting out of the house and going to a coworking space gives you just the right amount of comfort without the endless distractions that home provides. In addition, seeing other people busy with their own work and projects feeds your energy and drives you to focus on yours as well.

 

You get other facilities that you won’t have at home + it’s flexible and affordable

Coworking spaces typically provide meeting rooms and other facilities. Need to meet with clients? Or host a workshop? They’ve got you! Also, if you ever get to the point where you consider setting up an office for your business you’ll realize that the cost and other considerations can be crippling.

Having to worry about coughing up annual rent, in addition to furnishing and setting up an office with internet and power can be a nightmare if your pockets aren’t super deep. With a coworking space, you get to outsource office setup and maintenance at an affordable rate, and payment can be daily, weekly or monthly. Sweet!

 

 It’s harder to create a distinction between work and the rest of your life when you work from home.

One of the perks of self-employment is being able to set your work hours. Without that mental switch that comes with clocking in and out at a certain time however, you could end up working from 7am to 11pm without a break. This might sound like a good thing, but it’s the fastest route to burnout. Work-life balance should be your goal if you don’t want your performance and productivity to suffer.

When you work at a coworking space, you know you have to go home at some point (even if you have a 24/7 membership). This generally helps you to set healthy boundaries between work and life.

 

Being part of a coworking community helps you grow.

In addition to the space and facilities, a community like CapitalSquare offers you the opportunity to grow your skills through the community, as well as workshops and events where you get to speak to and learn from accomplished entrepreneurs and freelancers. Working from home on the other hand, makes it easy to become isolated. Entrepreneurship can be lonely, so working from a coworking space helps you create a tribe of like-minded people who can support your growth and journey.

 

Ready to experience coworking at CapitalSquare? Check out our membership plans book a meeting room or buy a day pass anytime! You can also book a tour of either of our workspaces to come see what our space like.  

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