The shortcomings of coworking spaces at the moment are unnerving for the industry, but those challenges will be surmounted and create opportunities unlike ever before.
The coworking industry has long prided itself in creating a tight knit community, but as workers are forced to work from home, they may not be equipped with the tools needed to be as productive as they would be in an office setting. This will likely lead to a spike in demand for coworking spaces once physical distancing guidelines have been lifted.
Additionally, companies are expected to seek more cost-effective, flexible workspace solutions that can alleviate any financial burden caused by the pandemic or in the case of another global emergency.
Coworking operators need to be ready for this demand and reevaluate their strategies to become a safe solution for clients. This means emphasizing cleanliness and sanitation techniques and having plans in place to support clients during an economic crisis.
With companies trying to stabilize after the pandemic, companies will need new ways to innovate their ideas and expand. This means coworking companies will emerge stronger than ever, not just for startups and SMEs, but also corporations.