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Five Benefits of Coworking

Working at LAB B, I have had the opportunity to work in an environment that is closely connected to the community and youth.

LAB B is a startup incubator and coworking space that aims to create a positive impact within its local community. To do this, LAB B’s Zero Gravity co-op program teaches students about digital marketing, web development, and different career paths and opportunities. LAB B also works with a variety of non-profit organizations including Broadening Horizons and the Malton Neighbourhood Services (MNS). LAB B is more than just a space, it’s a community.

What are the benefits ofworking in a coworking space?

Networking

Benefits of working in a coworking space are that it provides you with a network of freelancers and entrepreneurs with different skill sets. This is beneficial as it allows you to brainstorm with people who have diverse backgrounds. As a result, this helps you to think about your project from different perspectives. For example, at LAB B we have experts in Facebook ads, branding, digital marketing and more. All of the individuals that work in LAB B bring their own different strengths and skills sets to our space. Working at LAB B from an internal perspective, I have seen our members collaborate and build strong relationships with one another. Seeing this impact is what truly makes our space more than just a space, but rather a community. One of the great values of this is it is how we have seen startups and entrepreneurs grow their business. Moreover, this is how we are a community.

Support System

At LAB B, we are more than just a space, we are a community. In our community, we have a strong support system. Everyone who works at LAB B is supportive towards one another; there are always entrepreneurs collaborating and brainstorming with others. This provides you with a strong support system because everyone is motivated to do their best work and this pushes you to want to be successful.

You Are Not Alone

At LAB B, we are more than just a space, we are a community. In our community, we have a strong support system. Everyone who works at LAB B is supportive towards one another; there are always entrepreneurs collaborating and brainstorming with others. This provides you with a strong support system because everyone is motivated to do their best work and this pushes you to want to be successful.

Flexibility

Coworking spaces offer you a flexible work term. For example, many coworking spaces offer a variety of memberships to meet your business needs. This provides you with the flexibility to work in an office environment at a low cost without the need to worry about other renting costs, such as utilities or internet.

Increasing Proficiency

Because coworking spaces encourage and motivate you to do more, you will see your business grow and become more successful. According to Astawa Alam, Founder of DxM Creative, the “dedicated workspace was the perfect stepping stone for taking DxM Creative to the next level.” Astawa has been working in LAB B since September 2017 and saw leads in his business increase by 70 per cent.

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