In the modern business landscape, entrepreneurs and small businesses are constantly on the lookout for new ways to improve their business. Whether it’s implementing new technologies, utilising cloud computing solutions or taking advantage of more flexible office solutions, new innovations are giving business owners more options than ever before.
In Jakarta, more than 50,000 square meters of office space has been created in the city since 2014. Despite the addition of so much space becoming available, office space has remained expensive in the Indonesian capital. As a result, business owners have opted for more flexible office solutions to operate their businesses out of. With more companies opting to use a coworking space over a traditional office setup, the Indonesian business community is quickly realising the benefits that coworking can provide.
Let’s take a closer look at just a few reasons that coworking is growing in popularity in Indonesia.
Opportunity To Network
One of the major benefits of operating from a coworking space is the opportunity to network with other professionals. Coworking by its very nature allows people from different professional backgrounds and industries to work alongside each other. Reaching out to others in the space can lead to new business opportunities and relationships developing over time. With more Indonesian professionals realising the networking possibilities these spaces can provide, it is expected that coworking spaces will continue to become even more popular over time.
No Long-term Commitments
A traditional long-term office lease is notoriously difficult to get out of and can be a huge burden for a new business to bear. Instead of having the commitment of an expensive long-term lease to deal with, many business owners are now opting to utilise coworking spaces due to the flexibility they provide. Premium providers charge one flat monthly fee, which offers members access to all of the facilities you could need to run your business. What’s more, there is no long-term contract as payments or on a month-by-month basis.
Possibilities For Growth
Coworking spaces offer businesses to expand and grow their business operations with ease. As your company grows, you can simply utilise more space for your team within the facility. On the other hand, with a traditional office space, you are bound by the physical constraints of the space, which can hinder your company’s growth. If your business needs more privacy, premium providers also have serviced office facilities that you can move to, giving you even more options to expand your operations and put your best foot forward.
Source Of Creativity
Another reason why coworking is becoming increasingly popular in Indonesia is that they can be a great source of inspiration. If your business is becoming stagnant and you are coming up short with ways to be innovative, surrounding yourself with a group of motivated professionals with different backgrounds can help to inspire new ideas. Seeing how other people conduct their business can help you to find new ways to streamline your business processes and improve how your company operates. Creativity and innovation are critical in business and placing yourself in an environment that fosters creativity will help your business to move forward in a positive way.
Coworking Will Continue To Thrive
The Indonesian business landscape is changing quickly and coworking will continue to be a part of that evolution. With the opportunity to network with other like-minded professionals, the opportunities that coworking can provide are endless. Avoid being locked into a traditional long-term lease and instead enjoy the freedom and flexibility that coworking spaces provide. Being in the right coworking space, your business can grow into a serious entity as you seek inspiration from those around you. Coworking in Indonesia is poised to continue to grow in popularity as more businesses realise the benefits of these spaces and see the possibilities for growth, creativity and innovation for their companies going forward.