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spaces Archives - Business E Suites

November 9, 2022
0

Why choose a Coworking Environment?

By | Industry

It’s no longer a new concept but a convenient one that fits the budget, and it’s scalable; that is the coworking space.  In recent years, co-working environments have been a tremendous hit for entrepreneurs of all backgrounds and industries.

What are coworking spaces?

A coworking space is an environment where many businesses co-exist in a shared space.  It can even be different employees from a one-single company.  The term coworking, at times, can be used not only as a service option but as a description within an organization sharing the same space for different departments.   The main reason of why coworking spaces exist is to reduce the cost and resources yet remain productive.  For example, several businesses use a single area for different departments or use a single space for employees that don’t necessarily work together but can co-exist together.  Another reason why coworking space is used is to network and perhaps even collaborate with other businesses that may specialize in areas that will help you grow.

Benefits of Coworking Spaces

Without a doubt, there are several pros of coworking spaces that make them a favorite for many employees and employers.  We want to share a few features and benefits it offers that make businesses want to adopt this trending and easy-to-use model.

  1. Reduced Operational Costs – In an organization, employees in different departments may depend on the same resources; a coworking environment often helps reduce the operational costs associated with these resources.  For example, office space, electricity, internet are a few of the resources that can be shared between different companies.
  2. Socialization – Not a fan for employers but a must for employees.  Having the ability to socialize with different companies that are working on different concepts or projects becomes a learning experience that also increases productivity and creates the happy feeling that liked-mind individuals surround you.
  3. Networking – Coworking spaces are a great way to network and meet new people.  Many companies have found their other half because they realize two companies could collaborate toward a common goal.  Additionally, networking helps you create a bigger network of professionals specialized in different fields and areas that may come in handy down the road for you and your business.
  4. Diversity – In a coworking environment, diverse work culture is present no matter what, and that adds value to your business and the people around you.  Diversity is the key to growing with an open mind.
  5. Group Discounts – Coworking environments often offer great group discounts, especially for companies bringing multiple employees to said setting; it brings value to the facility and creates community.  Ask a coworking environment for them if you are thinking of bringing your company to collaborate in a coworking space.
  6. Flexibility – Coworking spaces are often open 24/7, which means that your employees or the company you represent can choose their time to work, creating a vast flexible schedule; some people prefer to work at night, others on weekends, and many others during the early morning.  Coworking environments make this possible.

In conclusion, it may be a new concept for many, but different industries do adopt the concept of coworking. If you look at the big picture, it is a great environment to socialize, discuss ideas easily, share beliefs, widen your network, and develop personal relationships that can be beneficial in the long run.  In short, this is why companies often incline to implement a coworking environment in their companies. Plus, if you are starting, well, this is a cost-effective solution to get the most out of your budget.

July 7, 2020
1

Manage Your Time Better

By | Business, Tips

Time management is harder than we think and understanding how to manage it is even more complicated.  But when done right, you learn that you accomplish a lot more in very little time.  Working 8-12 hours a day is not the ideal scenario for you and your brain, so what can you do to manage time better and spend more time doing what you love.  Here are a few tips, we hope it helps.

  1. Keep an eye on how you allocate time – make a list of your entire to-do list for this day and really dig into that list and find out how much time you actually need to allocate for each one of your to-do list items.  Keep a record on a piece of paper to see how much time goes on each one of your projects, if you’re not old school like me, then download a time tracking app to help manage this better.  The ideal scenario out of this approach is to really understand where most of your time gets invested and that way you can break it down in different tasks to make sure your work gets completed in time.  You can also find out what project is dragging you the most throughout the day and perhaps find a way to do it better or get help from your team to make it happen in less time than if you did it by yourself.  No matter what it is, there is always a better way to automate and do it better.
  2. Identify what’s more important – we all have so much to do but you have to make a first list which is your priority list and a secondary list which is the next thing to do once you finish with your first list, aka… prioritize your to-do list.  It is proven that if you create a list of priorities, “the must-dos” you have automatically set some time to get things done on your priority list first than anything else and if you worry about the list of items rather than the deadlines, it is proven that you become more productive and goal-oriented.  In addition to identifying your priority list, understand if the items on that list are actually of greater value to your business and what you can’t do or does not need your presence or time, well, pass it on to someone else in your team so you worry about what you consider important for the business.
  3. Go off the grid – as humans, we are programmed to do many things at once, some of them are done without even thinking, it’s part of our habits – we have a cue the moment we come into the office, we automatically implement a routine which we do on daily basis (i.e. check emails, get on a call, conferences, get on Quickbooks, you name it). and we wait for the reward which is getting things done on your list.  But this amazing loop only gets done successfully if we get off the grid, we have constant distractions such as text messages for weekend plans, social media updates from your friends and cute little pictures from your kids, but these distractions only drag you to taking longer to get things done.  Going offline, you can actually get a lot more done and enjoy these distractions towards the end of your day or even during a well-deserved break.

Focusing on what matters at that very moment, is the key to productivity and the key to a successful business.  Looking to find the ideal place to stay focused and productive, visit Business E Suites for workspace options – they’re affordable, professional and with 100s of amazing features.