Why is Co-working Still Better in 2020?

It’s safe to say that the world has been irreversibly changed by the pandemic caused by the COVID-19 virus. Sometimes not even the best of New Year’s well wishing and resolutions is enough to get on track to achieving what you want to achieve. It’s tough, the numbers portray that figure as clear as day. 2020 has seen a massive increase in government spending associated with unemployment insurance and the Fraser Institute has recently published data suggesting that Canada lags behind other industrialized nations in having the highest deficit to GDP ratio at 19.9% in 2020. This is double the ratio of nations such as Germany and Australia and even slightly more than the neighbouring USA at 18.7%.

Many small business owners have been forced to close down after the damage that has been wrought by COVID-19. Government aid was always a help but when businesses like restaurants or local gyms have had to close down for months at a time for more than on interval, many just did not have enough reserves in their coffers to go on and were forced to abandon their ambitions. Canada is a nation built on immigration and small businesses yet both of these life bloods are drying up in times of a global pandemic. The richness and diversity of our cultures are benign stifled by the void that is COVID-19.

How Have the Impacts Been Felt?

Working from home or remote employment has slowly been becoming more and more popular with the increasing advent of technology which allows us to type, input, code, calculate, sketch, discuss and present all of our work and ideas through an interface that doesn’t require us to have anything except a stable broadband high-speed Internet connection. Considering 100% of Canadians in urban areas and 94% of Canadians in rural areas have access to it, it isn’t a large barrier and allows for people to be employed hundreds or even thousands of kilometres from the traditional office space or headquarters of the business.

Nowadays, remote employment is the new standard. A study published by Slack, a business communication platform owned by American software company Slack Technologies found that 72% of workers would prefer a hybrid approach to working from the office and working from home. This sentiment seems to be widespread as even though working completely from home is not just a possibility but something that carries with it a host of other benefits such as not having to drive through traffic, being able to wake up an hour later or being able to see your family, there are some drawbacks.

For one, it is quite easy to get distracted at home surrounded by your favourite things such as: the T.V, YouTube or the social media site of your preference a click away while no one is watching and of the course the heavenly trio of the fridge, freezer and pantry. The fact that you need to finish an article now or get the numbers in for the spreadsheet is still there, but why not eat some chocolate first?

How To Work Smart and Efficiently

Everyone has their moments when they feel like they are getting into the working/productivity mood. Those days when all of a sudden you wake up with a fire in your eyes telling you that you can do anything if you put your mind to it and that anything starts right now. Some of us have that feeling quite often but for others it can come around quite rarely. Either way, people are not as always as productive as we try to make ourselves out to be. Salary.com reported in a survey that 89% of workers waste time at work each day. 61% of that group admitted to wasting 30 minutes to an hour out of their traditional 8=hour shifts on non-work related activities. That may not seem like a lot but over time that translates into massive amounts of productivity lost and dollars wasted.

The goal is to find a way to maximize our productivity and dry to decrease the amount of times when we let our focus slip to go and procrastinate by checking on our social media feeds.

Co-working Spaces – The Way of the Future

Coworking is something that you may have heard of in the past couple of years. The number of coworking spaces is projected to reach 20,000 by the end of 2020 and top 24,000 by the end of 2024, these models show an annual growth rate of the co-working industry at 21.3%. But why is it so popular?

Coworking spaces are akin to shared office spaces. Ones in which different people from different backgrounds working at different companies can all come together and have a dedicated place for their work. When you’re surrounded by like-minded individuals all working hard and trying to get in their best work in the shortest amount of time so they can be equally as pleased with their work as they are happy that they can go home, you’ve found the place for you.

The Benefits

There’s something working in a group, being part of a collective that makes many of us work harder. Of course many of us don’t feel that way and those are the ones that become the entrepreneurs. Of course, we can’t all be them. For one, coworking spaces increase your productivity as you are surrounded by an atmosphere of productivity and few if any distractions which causes you to get your game face on. Secondly, office space shared is also cost shared. Paying for a co-working space is far more affordable than your traditional office space as splitting up the costs is shared knowledge.

Finally, creativity and idea generation are at their peak when part of a community. When we have a creative space that enables free dialogue and conversation, our knowledge can come along far more than in a lecture. Co-working spaces offer all of these opportunities and more just around the corner. These co-working spaces may have private cubicles, collaborative open areas, team rooms and business lounges. The best part, they’re accessible 24/7 for you to use, 365 days a week! If you want to learn more about co-working spaces and shared office spaces, visit https://www.agileoffices.ca/ today to learn more!

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