Coworking concept is something you can hear a lot of people talking about nowadays. But what is it actually? What is the definition of coworking?

Coworking is when a variety of people get together to work either independently or in groups. This can mean working on different projects, or mutual ones. Furthermore, this type of working is often set in a neutral space, like a shared office.
Put that together and you have got the very definition of coworking spaces.

This concept is taking over and constantly growing. In addition, it has gone global.

Check the key figures regarding coworking in Global Coworking Study 2019 here.

Coworking Spaces

As opposed to a traditional office, a coworking space offers way more flexibility. As a result, it is a perfect choice for any freelancer, entrepreneur, start-up or small business. However, the list doesn’t stop there.
Recently, there has been a growth in number of large companies that are moving to this working concept. The big companies saw the potential and the benefits that coworking brings.

Benefits of Coworking Spaces

When compared to conventional offices, coworking spaces offer more flexibility in various aspects. There is the flexibility in terms of people choosing their own hours. Coworking spaces are much more affordable than office leases, and they don’t require long term commitment. Consequently, there are elements of the financial flexibility as well.

On the other hand, the concept of working from home may result in lack of motivation and productivity. This can’t happen while working among like-minded professionals.

Let’s break the benefits down:

  • Flexibility – coworking spaces usually don’t require signing a long term lease. They can often be rented on a monthly or weekly basis. Some spaces even offer pay-as-you-go options.
  • Networking – when you are surrounded by fellow professionals, it is only a matter of time until you start to network. New businesses opportunities may occur. Maybe a collaboration on a project. Even life-long friendships can be made. And it can all start with a simple conversation over a cup of coffee.
  • Community – helping each other out, meeting new people, getting new ideas and so much more. The sense of community is something that working from home simply can’t offer.
  • Motivation – your productivity is hugely enhanced when you are surrounded by driven people. The motivation boost you will get is unbelievable. 


The great majority of coworking spaces is equipped very well. From smallest things, to big tools and all the facilities you may need.

The traditional coworking space will have the following:

  • A desk and a chair
  • Office material (staples, pens and so on)
  • Printers and copy machines
  • High speed internet connection
  • Access to conference rooms
  • Kitchen facilities (with water, snacks, coffee and much more)
  • Access to gym


To sum up, coworking spaces are affordable, flexible and all-inclusive. They are ideal for individuals, start-ups and even big companies.
If you are a freelancer or a business owner looking to work in a healthy, motivational environment and avoid long term commitment and expensive leases, the definition of coworking is – the perfect choice.

Interested in this concept? Looking for a coworking space nearby? Take a look at Innocospace and contact us today.