Imagine working from your private office space in Bristol at the Spectrum or the R+ in Reading. Imagine your own space. Here, you can schedule appointments with clients or other stakeholders. The traditional workspace is where you have all the control and privacy you need. Give your team sophisticated office space in Reading and other prime business hubs with strong green credentials and enjoy an enhanced professional image.
Now, what if you are a freelancer? A remote worker? Or perhaps an OPC owner? Privacy could mean isolation for someone whose partners, clients, or team are all inside the computer. Over the priorities of budget, socialising and networking opportunities, would you choose privacy at a higher cost? So, imagine working from a coworking space in Bristol or Reading in the same buildings as Spectrum or R+. Access a desk on-demand, enjoy flexible membership plans or choose a day pass. Have a wide range of infrastructure, operational and recreational facilities. And most importantly, meet new people and even make friends.
What makes more sense? This blog by Impact Working is for professionals and entrepreneurs who are in a tiff between choosing a coworking space or a traditional private office. Let’s make an informed decision.
Comparing Pros and Cons of Coworking Spaces and Private Offices
Before we begin, you must understand that both the options of coworking and private offices are important. The choice is based on the specific needs and preferences of users. The feature that works as an opportunity for one user may appear as a liability or insufficiency for the other. So, comparing the two options is all about discovering what works best for you!
Private Office Spaces
For developing companies with a growing need for privacy, exclusivity and dedicated IT infrastructure, business owners frequently need a custom private space. Strengthening the company’s foothold in the competitive market, having a design-led office often works as an asset to improve growth prospects. Take a cue from our office space in Reading. The town has emerged as one of the most powerful tech hubs in the UK, where some of the world’s top tech companies, like Microsoft, Oracle, and Ensygnia, have offices. If you have a private office in the R+ building, it positions your business in the hub of the high-value knowledge economy. Below are the pros and cons of private offices.
Pros
✔️ Control: Private offices offer you greater control over hygiene, access to facilities, entrants and visitors and even what happens in your office in your absence.
✔️ Productivity: With fewer distractions, compared to more public working areas and dedicated infrastructure, private offices offer greater potential to boost productivity.
✔️ Branding: You have more branding opportunities in our design-led office space in Reading or Bristol. Use banners, standees and other customisations to create an impact.
✔️ Security: When you have more control over who enters your office and what happens at particular times, it enhances the security of your data and belongings and your overall privacy.
✔️ Lower Long-Term Cost: Comparing the long-term lease costs of private office space in Bristol or Reading with those of frequently used day passes or membership plans, the former could offer greater savings.
Cons
✔️ Expensive – While long-term leases could offer good savings, the upfront cost is more expensive than shared spaces.
✔️ Isolation – As mentioned earlier, if you have a one-person company and work alone, then even the most stunning private office space in Reading may seem lonely at times.
Coworking Spaces
Coworking spaces can be an affordable and adaptable option for independent professionals, solopreneurs and anyone who essentially works alone. While you can still enjoy a sophisticated office space in Bristol or other prime locations, the shared aspect opens many horizons of prospects to scale your career.
Pros
✔️ Networking: People from different industries, cultures and countries are joined on one platform. The social aspect of coworking often leads to healthy business networking and greater expansion opportunities.
✔️ Affordable: If you compete for the upfront costs of a shared office space in Reading or Bristol with those of a private one, shared spaces win the race.
✔️ Sustainable: Shared spaces, shared amenities like central lighting, common-use printers and photocopiers and coffee machines — shared resources promote sustainability and reduced consumption per person.
✔️ Flexible: With flexible membership plans and day passes, our coworking spaces particularly offer greater freedom from long-term obligations. It works perfectly for independent workers or project-based teams that need temporary workspace solutions.
✔️ Managed Services: A big benefit of working in a coworking space is having the idea of running an office. Being a part of the larger workplace, these offices offer many premium facilities and amenities at the cost of a small workspace, such as well-maintained spaces, complimentary beverages and access to sophisticated IT infrastructure.
Cons
✔️ Distraction – The dynamic culture of coworking spaces can often create noise or distraction, which could impact your productivity.
✔️ Limitation of Visitors – While you can have walk-in visitors in private offices, coworking spaces usually have a “visitor policy.” There is a limit to how many visitors you can have with your membership. You might have to book a meeting room separately if you have frequent face-to-face meetings.
Choose the Right Workspace Solution – Schedule a Tour with Impact Working
So, what is it going to be for you? A private office space in Bristol to enjoy the controlled environment of your growing company? Or a flexible coworking space to leverage a dynamic and supportive community environment? Choose the right workspace that positively impacts the growth and success of your business. Make an informed decision only when you are 100% sure. We welcome you to schedule a tour with us to get an up-close idea of what’s on offer for you at Impact Working’s workspaces.
