Will coworking spaces end in the face of the Pandemic crisis? Experts are full of predictions about what aspects of life will be forever changed as a result of the pandemic, lockdowns, and resulting economic fallout. However, there are at least three reasons why the coworking industry should emerge from the COVID-19 crisis not only stronger but also more important and necessary. In fact, they’re probably one of your key recovery assets now.
Reason 1: Remote Workers Are Moving To Others Locations
With an increase in teleworking, coworking spaces play a fundamental hosting role for remote workers relocated from one region to another.
Large companies are strategically analyzing the possibility of making the labor policy flexible, which places some employees in coworking spaces.
Work from home won’t last forever! Millions of people are eagerly waiting to work anywhere else, near their home, separating work from home.
Reason 2: Coordination and Administration of Resources for Small Businesses
Coworking spaces don't just meet the needs of remote workers: they are a crucial support structure for small businesses, individual owners, freelancers and other entrepreneurs. They "help" small businesses that "operate on the periphery" of local economies. The coworking spaces are well positioned to help coordinate and direct the assistance being provided through various local emergency funds. They know peripheral businesses well and have trusting relationships with them.
Reason 3: The Community Is Coming Back Together
Coworking spaces are local economic engines in their own right. It created more than 9,000 jobs, raised more than $ 230 million in equity and leased more than one million square feet of commercial real estate.
In the post pandemic, coworking spaces can help. The size of the community is large and this will be extremely important for recovery.
Entrepreneurs, business owners and workers will need social networks and local connections to regain balance. We are already seeing some degree of communities mobilizing around their local businesses through gift card malls and other sources of support. This is a great sign that it will prosper.
If you’re looking for a reason to check out a local coworking space in Miami today, contact us and book a free tour of our vibrant spaces.