The Toronto area offers many terrific coworking options for both new and established businesses. As with any situation where many options exist, however, there are naturally some choices that are better than others. If you want to choose the very best coworking space in Toronto, consider the guidelines below. These help to illustrate an ideal example of working which you can use to find proper coworking space for your business needs.
You can rent a coworking space in Toronto anywhere in the city or surrounding metro area, but co-working in downtown Toronto is usually the most popular option. Businesses who rent space for coworking in the downtown area gain easy access to public transportation for commuting and to other businesses for B2B opportunities and amenities. However, co-working in downtown Toronto does come at a higher cost for both space and on-site parking. When considering your coworking options in the city, it may seem obvious to target a downtown location. However, you should make sure that your business can handle the cost of the increased convenience and also identify a space that fits all the needs of both your company and your employees.
Meeting Space Accessibility
Your coworking options include more than just the space where your employees will sit on a regular basis. The ideal coworking space in Toronto includes easy access to one or more boardrooms or training rooms. These meeting spaces don’t have to be in your rental agreement, but you should make sure that you have access to the space on an as-needed basis. Typically, you have to rent out such an area based on your usage, usually paying by the day or by the hour. Certain coworking spaces, however, include meeting rooms that do not require rental at all. When looking for a coworking space in Toronto, consider your meeting needs and make sure that you will have access to facilities that you want when you need them.
A typical coworking space often includes cubicles, but more spaces are now opting for an open office environment. A coworking space that uses an open layout provides notable advantages, including increased communication and higher levels of productivity throughout the day. In most situations, it benefits your company to have a coworking space that is open, with shared resources and break areas. The notable exception to this is if you deal with highly confidential matters or personal information, in which case a closed coworking space is better suited for your business model. Consider the needs of your clients and the productivity benefits of an open environment when choosing the layout of your coworking space.
To build a truly extraordinary coworking space in Toronto, you need to consider the needs of your employees, the accessibility of meeting rooms, and the needs of your clients. With a wide array of different coworking spaces available throughout the city, you should have an excellent array of choices even after you narrow your options down in this manner.