A lot of people look to millennials to determine trends in the workplace. How and where they work, what they expect from their colleagues, and how they’re changing the workplace are all examples of what the rest of us are looking at in the business world.

One direction millennials are leaning toward is co-working spaces. Young people in business recognize the value in co-working spaces, and the rest of us are taking note.

Why are millennials so interested in co-working spaces? Because of the many benefits they offer. Millennials are the generation that appreciates a new approach to the way the business world works.

Cheap rent

Cheap rent is something a lot of people don’t hear these days. Millennials understand that an affordable office space is not so common these days. That’s why a co-working space is so attractive.

When you rent a co-working space, one of the most obvious savings is rent sharing. When you share an office, you share the rent.

Additionally, you aren’t locked into a long-term rental agreement, so you don’t have to worry about throwing money away on an office you may not need 8 months from now. This is a great option for start-ups just making their way in the world.

Not only is rent cheaper, but you also don’t have to worry about office supplies like desks, printer paper, and coffee.

Collaboration

Another reason millennials like co-working spaces is due to their penchant for collaboration.

When you rent a co-working space, you’re sharing that space with other like-minded individuals. You may find yourself working next to an artist that can help you choose a color pallet for a website you’re designing. You may find yourself working next to an engineer that can help you with a bit of code. You may find yourself lending out some of your ideas on your own.

Additionally, you can rent a space for one or two people that you work with, and you can all meet at the co-working office. The co-working office is a space where you can work, collaborate, and get stuff done. 

Professional space

Many millennials recognize the importance of cheap rent and collaboration, but they also understand the importance of a professional workspace.

Any co-working space worth your money will offer you a professional meeting space to hold meetings, host clients, and generally just give yourself an air of professionalism.

At 580 Executive Center, we offer conference rooms, personal phone rooms, and executive suites, as well as virtual offices. You’re guaranteed to look professional, instilling trust in your clients and other employees or coworkers.

To wrap it up

If you’ve come this far, you can see why millennials are interested in co-working spaces. These types of offices give them the affordability, as well as the environment they crave to get their best work done.

Have you tried a co-working space? If you’d like to, don’t hesitate to contact us. We can offer you all the above, and more, in many cities around the Bay Area.