10 Steps for Finding the Perfect Coworking Space in Addison

Coworking in Addison, TX provides an array of benefits for businesses large and small.

The number of entrepreneurs, businesses, and freelancers who choose coworking continues to grow, increasing the demand for quality workspaces in urban areas.

Opting for coworking space in Addison requires careful consideration of your needs and expectations. At Strive Workspaces, we provide coworking solutions designed to elevate your resources and grow your network throughout DFW.

Whether you need an open coworking concept or a private office, there are key factors to consider before choosing a workspace. Allow us to take you through a step-by-step guide to help you make an informed decision.

10 Steps to Finding the Right Coworking Space

Using our expertise as a coworking location, we will walk you through the 10 steps to choosing the right workspace in Addison:

Step #1: Optimize Location

First, let’s start by discussing the benefits of renting coworking space in Addison, Texas.

Addison is a relatively small suburb of Dallas with upscale neighborhoods, a thriving business scene, and ample opportunity for expansion.

Consider the location’s proximity to your home or clients. If you have clients coming from all over DFW, whether it be from north Dallas, Richardson, Plano or Frisco, it is a good idea to find a workspace that is a practical distance from these surrounding neighborhoods.

Step #2: Set Your Budget

Determine both your long-term and monthly budget for leasing coworking space.

Forecasting long and short-term financial limits can help avoid unexpected obstacles down the road. Prices and terms can vary greatly, so make sure to choose a space that fits within your financial parameters.

Step #3: Focus on Flexibility

Now, consider future growth and the flexibility of the space. Can you easily upgrade or downgrade your membership if your needs change? Pay careful attention to contract terms including cancellation policies and upgrading details.

If your business is likely to grow, it is wise to choose a space that can accommodate that growth. Ask questions about construction costs, office availability, suite expansion, and any additional services that make upgrading easier and more cost-effective.

Step #4: Narrow Down Your Needs

Now that you’ve found an excellent location and determined your budget, it is time to consider your business’ operational needs.

The first step to finding the perfect workspace rental for your business is to assess your own requirements. This includes the number of people to accommodate, office layout, necessary amenities, your expected meeting room usage, etc.

• Size and Layout: Before assessing office options, it is a good idea to draw up a blueprint of what you’ll be needing. Brainstorm a layout that is conducive to your work style, considering things like furniture, walking space, and seating.
• Meeting room usage: Coworking spaces throughout DFW typically offer packages, discounts, and one-time use options for coworking members. If you have frequent team meetings, you can budget for a monthly meeting room package.

Step #5: Assess the Amenities

A highly functional coworking space will typically have a range of amenities. Before assessing your options, make a list of the most important services for your business.

While every business operates on its own accord, most companies look for reliable high-speed internet, audio-visual conferencing tools, and flexible hours. Consider things like your bandwidth usage, data protection needs, client needs, and hours of operation.

Coworking space amenities include:

• Secure, reliable high-speed internet with the ability to upgrade depending on business type and size
• Advanced audio-visual tools perfect for streaming, webcasting, and hosting large virtual meetings and presentations.
• 24/7 access to all center locations allows businesses to operate on their own time with client meetings and employee schedules.
• Access to open coworking spaces, large conference rooms, classrooms, training rooms, and other workspace rentals at a discounted price.
• Professional front-desk staff who can greet clients and assist with administrative services.

Determining your priorities can streamline the process and help you narrow down locations before taking any tours.

Step 6: Contemplate the Community

In a coworking setting, connecting with the community is a great way to grow your network. Consider the following:

• Atmosphere: The atmosphere and culture of a coworking space are key factors to satisfaction. Some spaces are known for creativity and collaboration, while others may be more formal and corporate. Choose a comfortable space that inspires productivity, however you see fit.
• Member Diversity: If you can, it is good to meet with current members of the coworking space. Look for communities with a diverse group of professionals of various skill sets and backgrounds. This can present new opportunities for collaborating and building relationships.

Step #7: Tour Top Centers

Once you have made a comprehensive list of what you are looking for in a coworking space, schedule tours with a few of your top picks.

During your tour, pay close attention to the overall atmosphere, cleanliness, organization, and professionalism.

Ask questions about amenities, events, and networking opportunities. It is a good idea to get clarity in person before moving on to the jargon of formal documents.

Step #8: Evaluate Contract Terms

After touring the centers and asking the important questions, it is time to evaluate the fine print. Carefully review the contract terms, including pricing, membership plans, and any additional fees. Make sure you understand what’s included and what’s not.

Step #9: Don’t Be Afraid to Negotiate

Some commercial coworking spaces are willing to work with you on potential discounts or customized packages to gain your business. If you have concerns or propositions, it doesn’t hurt to discuss them with the sales manager.

Step #10: Make an Informed Decision on Coworking in Addison

Finally, after considering the above factors, choose the coworking space that best aligns with your work style and professional vision.

Remember, the “perfect” coworking space is subjective and may look different for different businesses. What works best for one may not be ideal for another, so it is important to determine your needs early on.

At Strive Workspaces, we provide the best workspace rentals to help bring your brightest ideas to fruition.

Check out our coworking spaces to see if they are the right choice for you!