London Calling – Why More UK Businesses Are Choosing Coworking
Coworking spaces are becoming increasingly common all over the globe and the business hub of London is no exception. London is one of the most active coworking cities in the world, meaning that there are several attractive and notable coworking spaces in London available for all types of professionals, from self-employed individuals to freelancers.
The culture of coworking spaces is not simply a new idea of choosing places where individuals can work but also a social movement related to the concept of collaboration and sustainable development for businesses. This new creative process is why many companies and self-employed people in the UK are jumping on the bandwagon.
Let’s take a closer look at some of the reasons why more British businesses are choosing coworking spaces as a place to get work done.
Access To Talent And Clients From Around The World
Despite the multiculturalism of London and the UK in general, there are millions of talented professionals living all over the world who can now be easily reached and employed thanks to the emerging culture of coworking. With access to the coworking society, companies can either employ people from any country on a contract or project-basis and freelancers can also benefit by working with a wider net of businesses or professionals from other industries. Not only can entrepreneurs and employees reach skilled collaborators around the world but they can also extend their knowledge and expertise to find new customers in markets from different corners of the globe.
More Niche Coworking Spaces
London sees a larger quantity of curated coworking spaces than other cities. This means that many of the coworking centres in the city are dedicated to specific niches as opposed to being open to professionals from any industry or occupation. This is something that is more common in London than in other places where coworking is popular and may also be a factor in understanding the huge popularity of coworking in London.
Around the world, most coworking spaces are dealing with renting leases of 5 years, whereas, in London this time increases to 10 years for the average coworking space. This longer lease period promotes stability for individuals interested in adapting to the new coworking lifestyle. It also allows smaller London businesses and entrepreneurs to develop long-term goals while using these facilities without the worry of needing to pick up and move anytime soon.
Events And Community In The Big City
London, with it’s over 8 million people, is a huge metropolis for business and culture but such numbers make it very difficult for people to connect in a real way. Networking at big events can be very challenging and such a quantity of professionals concentrated in one place can make it especially hard to find someone on the same wavelength when it comes to business values and ideas.
The purpose of coworking is to bring like-minded individuals together and provide a space for them to use their shared creativity to produce new and exciting ideas for their businesses and for the future. This collaboration can only be found in London within these smaller communities where people can be open, and over longer time frames, can develop relationships that improve business.
Coworking In The UK
Many organisations and self-employed individuals are choosing to engage in coworking in London and other cities in the UK due, in major part, to the flexibility that it offers. Many spaces allow for access at any time day or night, whilst other plans allow a few days a week to those who wish to spend less. They offer a place to settle their laptop while hard at work in an engaging and professional environment, as opposed to a local café. This variety promotes more interest from a wider selection of profiles, such as freelancers to local small or medium-sized enterprises.