4 Reasons Why Co-Working Spaces Are Ideal for Startups
What is the Co-Working Space Model in HCMC?
Co-Working space, an English term for shared working environments, is a collaborative workspace where various companies share a common space. This working model has gained popularity globally and has recently become widespread in Vietnam, especially in Ho Chi Minh City.
Co-Working spaces allow individuals from different companies to work together in a shared space equipped with all the amenities of a traditional office. Bringing together companies from various fields diversifies the working community, fostering collaboration and mutual learning.
Empress Business Center offers comprehensive office services, virtual offices, and event organization spaces.
4 Reasons Co-Working Spaces Are the Ideal Destination for Startups!
Time and Cost Efficiency for Startup Businesses
Renting a Co-Working space involves dealing with only one party and one transaction. In contrast, traditional office rentals require extensive time and effort to coordinate with multiple entities such as landlords, internet service providers, utilities, security, and equipment suppliers. Co-Working space rental costs are estimated to be five times less than traditional office spaces. This affordability allows startups to allocate their budgets more efficiently.
Comfortable Working Environment, Stimulating Creativity, and Labor Efficiency
Working in a Co-Working space immerses individuals in the dynamic and youthful atmosphere of startup and freelance communities, sparking enthusiasm and boosting labor productivity. Breaking free from the confined space of traditional offices continuously refreshes creative thinking.
Networking Opportunities and Business Environment Connection
“Your network is your net worth.” The most valuable assets in any career are networks and experiences. With the open nature of Co-Working spaces, connecting with the startup community, experts, investors, and potential customers becomes effortless. Co-Working spaces provide ample opportunities to expand networks and share experiences with those around you.
Co-Working Space – The Trend of New Working Environments
Initially popular among startups and freelancers, the Co-Working space model has gained attention from larger corporations. Recognizing the benefits, major companies, such as Microsoft and CBRE Vietnam, are transitioning a significant portion of their workforce to Co-Working spaces.
If your business is seeking a well-equipped workspace with international-standard meeting rooms, a city view from the 17th floor of the modern Empress Tower office building, and a plethora of amenities, contact us today.
