Whether you are a freelancer or a bootstrapped startup founder, there are two major options where you can work — home office & coworking spaces. Choosing a workplace is a very vital decision, are you still in doubt which alternative is best for you? Knowing the following advantages and disadvantages of home office and coworking space will help you to settle on the correct choice.
Working from home is a go-to option for most of the solopreneurs and freelancers. Cost is the most obvious a major advantage when you work from home. In spite of being the most economical option, working from home allows you to work anytime, anyway as per your convenience. You don’t get the pressure of dressing up in a well-fitted suit, you can even work in your night robe at home.
Staying at home office and ditching your commute is not at all ruddy. There is a number of restrictions that come along with working at home. When you drive to a workplace every day, it encourages you mentally to be prepared. Entering into a new environment to work can help your mind to hustle and be creative.
Distractions are another real drawback of the home office — household chores, family, kids, the list continues forever. These distractions, along with the home office’s isolation and poor responsibility factor can lead to disaster. The worst part of working at home, however, is that it can be difficult to mentally detach yourself from work at the end of the day. It’s better to take out some spare time relaxing after you have burned through 8-10 hours doing client work in your bedroom or home office.
The Conclusion: The home office can be an ideal choice for those with restricted budget. The incredible opportunity to modify your workplace can be a reason to suggest the home office. However, it’s important to acknowledge the genuine drawback of working at home. There is no place to meet your potential clients, the distractions at home can be daunting, and there is a huge risk of turning into a workaholic with no personal/professional separation.
Coworking spaces are the hot and modern workplace for entrepreneurs and freelancers to hustle. The most widely recognized seating arrangement here is shared hot desks that are available on a first-come-first-serve basis. They sometimes have assigned work areas or private offices for lease.
Joining a coworking space in Delhi and other metro cities have countless benefits. They provide networking opportunities with like-minded professionals that could change the whole trajectory of your business. Concentrating on your work is a lot easier when you are surrounded by different aspiring individuals developing their businesses alongside you.
The least you get is to ward off the home office’s isolation and lack of a professional image. Shared workplaces accompany all the required amenities like wifi, office furniture, locker facilities, air conditioning, breakout area etc. along with free coffee and tea (good for coffeeholics!) Not every shared space is meant for all professionals either. Some of them have a horrid environment. Contingent upon where you live, it may or may not be close to you either.
The Conclusion: Moving to a coworking space may dig an extra hole in your pocket but it’s still less expensive than renting conventional office space. At a beginning of your business you may appreciate the money saving of a home office but trust us the type of work you do at shared office space are probably going to give you an ascent in your success.