18/09/2023
What’s the difference?
We have broken it down 👉🏼
Co-Working spaces are plug and play. You can start working right away, whereas commercial leases require a bit more back and forth. Think lawyers, bank guarantees and set up.
Co-Working spaces are generally all inclusive. So those little extra costs like cleaning, internet, utilities and furniture are factored in to each membership cost.
Lastly, flexibility. Co-working spaces offer month to month or short term agreements. Commercial leases usually require a 5 year minimum commitment.
A co-working space is a great option if you are just starting out, wanting to scale quickly, an in-between. But they are now the place to stay.
Commercial leases aren’t going anywhere. But we are seeing people wanting more flexibility when it comes to work.
Waku is here for the boutique businesses. At any stage.
