Coworking spaces provide instant collaboration and networking opportunities. No other place offers the environment to meet thought leaders across industries and with a variety of skillsets. The exchanges and interactions that take place at the coffee bar or networking events are hugely beneficial to startups as these new connections can spark new ideas and provide instant feedback on your business that you cannot get elsewhere, especially at a coffee shop or your home office.

Want feedback on a new idea? Need to hire a developer to redesign your website? Valuable expertise is only a few steps away. Chances are, someone at your coworking space can help, or can point you in the right direction. Think of the hours of time you’ll save with this setup; time you can reinvest in your business instead of posting a job description on an online job board or getting frustrated trying to find relevant user feedback.

If you’re an entrepreneur, you already have a different take on the world, and think you bring something uniquely valuable to the marketplace you’re disrupting. Coworking spaces have emerged as the new hubs of innovation where early stage startups can thrive in an environment of likeminded professionals.

When you’re working solo, sometimes it’s hard to stay motivated. That’s one reason to find a mastermind group, a mentor or an accountability partner. Using a coworking space could be a good way to find this group of people. Since you’re all using the same office, it will be easier to arrange meetings or brainstorming sessions.

Having other freelancers around you trying to succeed will boost your motivation and you’ll feel energized to maintain your workflow.

Working at a startup, time is your most valuable resource. Between keeping customers happy, setting goals, traveling to industry events, hiring, and meeting with investors, your team is wearing many hats, and often doesn’t have enough hours in the day. The last thing your small team needs is spending time maintaining an office.

Coworking spaces offer convenience like no other. Your team can come into the office, grab a cup of coffee, fire up your laptops, and start working right away. Don’t worry about who is going to buy more coffee or fill the keg. Spend your valuable time on things that matter, like growing your business.