November 29, 2022

How to Find the Right Space for Your Business: Tips for Early Stage Companies

by Chris Verbick

Starting a business is an exhilarating and often overwhelming journey. It’s hard to decide where your business should be and how much you can afford. For many startups and small teams, getting the right workspace can be a daunting task.

Finding the right space can be challenging. Whether you decide to start at home or in a space that is free, it’s important to make sure you have the right environment for deep work sessions and for collaboration.

When beginning your search for the perfect space, consider the advantages and drawbacks of starting at home, using free spaces, taking a desk at a co-working space, or leasing a private office.

Starting at Home

Starting your business from home may be the most economical option, but it’s important to remember that it might not provide a professional enough environment to properly collaborate or market yourself. Plus, you might find it difficult to separate your work and leisure time. If you live with family, have flatmates/roommates, or if you’ve started your journey as a parent, working from home can be complicated.

Free Spaces

Coffee shops may be a popular choice for entrepreneurs, but it’s important to remember that they’re generally not conducive to deep work sessions. If you do decide to use a coffee shop, make sure to get up and move around to keep your energy levels up and your work session productive.

Co-working Spaces

Shared workspaces and co-working spaces offer you the opportunity to collaborate with and learn from other entrepreneurs, as well as build your network. However, these spaces can sometimes be noisy and busy, making it difficult to focus.

Private Office

If you’re looking for a more private workspace, renting a private office can be a great option. Many cities offer co-working spaces, accelerators, and incubators specifically designed for startups and small teams. These spaces tend to be more affordable than traditional offices and many also provide private meeting rooms and other amenities.

When choosing your workspace, it’s important to strike a balance between social spaces that are filled with like-minded people and private offices where you can really focus. If you’ve started to grow your team, your workspace needs will be changing too.

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