About 50 years ago, Bob dylan said, “The times they are a-changin’.” With the changing times working environment is also changing rapidly. Technological changes allowed us to connect with our coworkers regardless of physical distance. This kind of remote accessibility provides incredible flexibility in business, especially when it comes to deciding what kind of office setup you want. Entrepreneurs these days are getting out from the traditional office spaces into remote work area or coworking.


While there are surely that point of pride of owning your own office, office space in the city is not cheap. Most startups these days do not require more than a table, a chair and a high speed internet connection. Office spaces can be a drain on startup resources. Most landlords demand 3-5 years lease terms and personal collateral when renting an office space. This is usually not the ideal requirement for new companies who are looking forward to grow and avoid extra liabilities.


On the other hand, coworking spaces are cost effective, they offer you flexibility and a sense of connectedness. With no diversified people around, small offices create isolation which can decrease productivity. The First Global Coworking Survey published in Deskmag showed that 75% coworkers reported an increase in productivity. 86% said their isolation had decreased.