Top Things You Need to Know Before Starting a Coworking Space

Jessica Robinson

So, you've decided to start a coworking space. Well, before you get too far into the planning stages, there are a few things you need to know. For example, what kind of space do you want? What's your budget? And how are you going to market it? Don't worry, we're here to help. Keep reading for our top tips on starting a successful coworking space.
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1. Start with a marketing plan

A digital marketing plan is essential for any business that wants to succeed online. For a coworking space, a solid digital marketing strategy can help to attract new members and grow the business. To create a successful digital marketing plan for a coworking space, it's important to define the target audience and identify the most effective channels for reaching them. Once this is done, you can develop a content plan that highlights the benefits of coworking and showcases the unique features of your space. Finally, it's important to track your progress and analyze your results on a regular basis to ensure that your digital marketing efforts are paying off. By following these steps, you can develop a digital marketing plan that will help your coworking space thrive.

2. Let your space be creative

In today's modern workplace, more and more businesses are looking for ways to appeal to millennials. One way to do this is by creating a coworking space that is both creative and modern. When you'll decide to hold virtual team meetings with a simple and secure webinar platform for coworkers, a creative and beautiful workspace will let them feel a part of the whole thing. Design is important when creating a coworking space, as it should reflect the company's values and culture. Consider using colors that promote creativity and energy, such as yellow or orange. You should also incorporate modern design elements, such as sleek furniture and exposed brick walls. By creating a space that is both visually appealing and functional, you can create a coworking space that millennials will love.
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3. Competitors research

No matter what business you're in, it's important to keep an eye on your competitors. This is especially true for coworking spaces, where there is a lot of competition. Take a look at their design, events ideas, coworking app they use, their content marketing, etc. Thankfully, there are a number of monitoring tools that can help you stay on top of what your competitors are up to.

One of the most popular monitoring tools is Google Alerts. With Google Alerts, you can enter keywords related to your competitor and receive real-time results whenever those keywords are mentioned online. This is a great way to stay up-to-date on new developments from your competitor.

Another popular monitoring tool is Mention. Mention allows you to set up alerts for when your competitor is mentioned online, as well as track their social media activity. This is a great way to get an overview of what your competitor is up to and how they’re perceived by the public.

Finally, AI-powered monitoring tools like Awario offer advanced features like sentiment analysis and topic discovery. This can be helpful in understanding not only what your competitor is doing, but also how people feel about it. While monitoring tools can't give you a complete picture of your competition, they can be a valuable part of your research process.

4. Find a right location

When choosing a location for a coworking space, networking potential and the workspace environment are two of the most important factors to consider. For networking potential, it is important to choose a location that is easily accessible and visible to potential members. The workspace environment should be comfortable and conducive to productivity. It should also have the necessary amenities, such as meeting rooms and break areas. Don’t forget about the possibility of events creating in your coworking space. So, your location needs to be enough capacity. By taking these factors into account, you can be sure to find a location that will help your coworking space thrive.

5. Flexible work time

Creating a flexible working time for a coworking space is essential to meeting the needs of today's businesses. The traditional nine-to-five workday no longer fits the lifestyle of many workers, who need to be able to access their workspace at any time of day or night. By keeping the space open 24/7, businesses can provide their employees with the flexibility they need to get their work done on their own schedule. Additionally, open 24/7 coworking spaces can attract new customers by offering a convenient place to work outside of the traditional office. By creating a flexible working time for your coworking space, you can meet the needs of today's businesses and workers.

6. Find the best coworking software

Coworking software helps space operators manage online bookings, payments, and member communications. It can also provide a directory of members, allow for online networking, and support group chats. When choosing coworking software, it is important to consider the needs of your space and your members. Some software programs are more comprehensive than others, so you will want to make sure that the features you need are included. You should also read online reviews to get an idea of how well the software works in practice. By taking the time to research your options, you can find the best coworking software for your space.


Conclusion paragraph: Coworking spaces are great for small businesses and startups, but there are several other things you should consider before making the leap. Have you determined how much space you need or what your budget looks like? What about parking and transportation? If you can answer these questions, then a coworking space may be the perfect solution for your business.

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Jessica Robinson is a charismatic corporate leader, a selfless educator, and a versatile content creator. Despite a management degree, her vision behind blogging is not only to follow her passion but to create more informed societies. Her selflessness reflects in every piece of her work on The Speaking Polymath.

Melbourne, FL

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