How Do Co-Working Spaces Help Startups and Small and Medium-sized Enterprises?

Co-working spaces have become increasingly popular over the years, especially for startups and small to medium-sized enterprises (SMEs). These spaces provide an alternative workspace for individuals and companies, offering many advantages over traditional offices. Co-working spaces are typically shared offices, where different individuals or businesses can work in a shared environment. These spaces have a lot of benefits, ranging from increasing productivity to providing direct scalability. Let’s find out the advantages and benefits of co-working spaces for startups and smaller business.


Increased productivity working in a shared space

One of the most significant advantages of co-working spaces is that they can increase productivity. Working in a shared space can create a collaborative environment that can help stimulate new ideas and motivate individuals. The presence of other professionals can provide a sense of accountability, leading to increased focus and productivity. Furthermore, co-working spaces often offer a range of amenities like high-speed internet, meeting rooms, and printing services that can enhance the efficiency of work.


The 24/7 accessibility

Many coworking spaces are open 24/7, which allows individuals to work whenever they want. This is beneficial for people who prefer to work in the evenings or on weekends. With this kind of flexibility, people can adjust their work schedule according to their needs. It also allows individuals to work when they are most productive, ensuring that their work is of high quality.

Organisations such as Business Station often have their co-working spaces in or close to the CBD, and mostly offer 24/7 access. For example, the East Perth office space is secure and close to public transport, at an affordable price inclusive of all outgoings.


Improved work-life balance

The boundaries between work and personal life can be challenging to maintain for entrepreneurs and SMEs. Working from home or a traditional office can create work-life imbalance, leading to decreased productivity and burnout. Co-working spaces can provide a solution to this problem. These spaces allow individuals to work outside of their homes while creating boundaries between work and personal life. As a result, it can improve mental health, enhance focus and productivity, and create a sense of work-life balance.


Direct scalability

Scalability is a crucial concern for startups and SMEs. Co-working spaces provide a flexible and scalable solution that allows businesses to grow without the need to relocate. Co-working spaces offer different membership options, from hot-desking to private offices, allowing businesses to scale their workspace according to their needs. These spaces also offer access to mentorship, funding, and business development programs, which can help businesses achieve their growth goals.


Fostering office culture in a shared workspace

Co-working spaces offer an amazing office culture that can help create a positive working environment. These spaces have a collaborative and supportive community, where members share ideas, resources, and expertise to help each other grow. This environment can inspire creativity, innovation, and entrepreneurship. Co-working spaces also host social events, networking opportunities, and workshops that can help entrepreneurs expand their network, learn new skills, and engage in meaningful conversations.


Increased business opportunities

Lastly, co-working spaces offer increased business opportunities for entrepreneurs and small business owners. The presence of diverse businesses in a shared workspace can create collaborative opportunities for different individuals and companies. These opportunities can include partnerships, collaborations, and cross-selling. Co-working spaces also provide access to resources such as funding, mentorship, and business development programs that can help businesses expand their reach and increase their revenue. Additionally, co-working spaces often host events, pitch competitions, and networking opportunities that can help businesses gain new customers and expand their network.


Discover how Business Station can help with your business working space needs

In conclusion, co-working spaces offer a range of benefits that can help entrepreneurs and small business owners grow and scale their businesses. These benefits include increased productivity, improved work-life balance, direct scalability, an amazing office culture, and increased business opportunities. If you’re interested in exploring coworking spaces in Perth, start your research with Business Station to find one that meets your needs and budget.

To learn more, call 1300 427 227 or email

23 March 2023

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5 key differences between coaching, consulting and training

Who it’s for

Business coaching builds individual capabilities. It’s not always linked to business outcomes, although it can be. Therefore, coaching is best for entrepreneurs starting a new business, managers ready for a new challenge, and experienced leaders looking to round out their skill set.

Business training is also a great option for skills development. Training can walk the line between coaching and consulting. For example, training a team to use a new CRM balances individual skills development with financial outcomes. Or training might benefit the individual, such as a Certificate training course.

On the other hand, consulting is effective for overcoming business challenges or designing innovative solutions to complex challenges. Consultants contribute independent expertise that helps Perth businesses achieve their goals. However, any individual gains are an accidental by-product. The focus is on firms.

What it achieves

We’ve said this before, but it bears repeating:

  • Business coaching builds individual capabilities
  • Consulting delivers a bespoke service for companies
  • Training teaches individuals or teams a new skill

Now that you’ve got the distinction clear in your mind, you can make an informed decision about the approach that suits your goals. It’s also not uncommon to use a combination of small business coaching, training and consulting to achieve your goals.

How it works

Consulting is typically time-limited, with goals and milestones written into a contract or SLA (service level agreement). On the other hand, the rate and frequency of business coaching engagements depend on the individual. It’s more flexible and open-ended.

You might meet your mentor once a month, weekly, or ad-hoc. And many Perth business coaches are open to meeting online or in person, which is especially helpful for regional and remote small business owners.

What it requires from you

One of the most visible differences between coaching and consulting is your time investment. Consultants are usually happy to work independently after receiving a brief. They’ll check in occasionally, but the process is largely hands-off.

Business coaching, however, requires your commitment. At a minimum, you should be prepared to meet your mentor regularly and complete any “homework” they recommend.

Training is different again. If you’re enrolled in a Certificate or Diploma course, you’ll be required to attend classes and complete assignments. Short courses and informal business training, such as upskilling with business development courses, can be more flexible.

Who you’ll work with

Choosing the right mentor or consultant is crucial to getting the most out of your investment. Because coaching and consulting are investments – in your career, company and capabilities.

When it comes to business coaching in Perth, you can rest assured that Business Station’s network of mentors is thoroughly vetted and highly experienced. Each small business coach has a speciality, so look through some profiles to find a mentor with the right background for your requirements.

So, should you choose a business coach, consultant or trainer?

Well, that depends. Whether you work one-on-one with a business coach, hire a consultant, or join a training program depends on your circumstances.

The decision-making process starts at the end. Specifically, it starts with your goals. Work backwards from there and reach out to some business coaches in Perth for informal advice before making a final choice.

See if our Business Coaching program is right for you and

schedule a discovery call today.

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