Over the past decade, Karachi has seen a rise of entrepreneurship. Eventually, the demand for coworking spaces in Karachi also grew. These spaces offer freelancers, startups and small businesses a professional space to work beside a company. For the entrepreneurs who want a hyper efficient, community-driven and productive workspace with broadly varying flexibility coworking spaces is their go to.
This blog will be about the advantages of coworking spaces in Karachi– We are going to list some top working space providers within the city, and explore how this new trend is helping out many people throughout Pakistan.
What is a Coworking Space?
In simple terms, a coworking space is a shared place of work where people from different teams and companies work in a common space. Even though you have to rent a desk to work there, it is more than that; a coworking space is a shared experience of being in a community where entrepreneurs share ideas, build networks. These spaces offer high end facilities, from fast internet services, to meeting rooms, break rooms, coffee stations, cafeterias etc. It is an ideal space to work for small teams, or remote teams without the need to bear the cost of an entire office space.
Coworking Spaces and Their Benefits
With the trend of coworking spaces on the rise, we see multiple such spaces throughout Karachi. There are a number of factors which led to this rise as mentioned below:
Affordability: Rent, utility bills and maintenance of the traditional office space may cost you an arm and a leg. A coworking space minimizes these costs and gives you the ability to rent a desk or your own private office without having an entire company and all of the overhead costs running alongside.
Flexible Leasing: Most of the coworking spaces in Karachi walk on short to mid-term leasing options. This is something that might especially appeal to freelancers or small businesses because it offers a professional setting at an inexpensive price, but not with protracted leases.
Such spaces give you the opportunity to multiple packages from daily to weekly to monthly or yearly, whatever package best suits your needs. They also give you the leverage to start with a desk space and then as your team grows, you can upgrade to an office room.
Networking: Coworking spaces also foster networking and collaboration, as it will put you in touch with other individuals from different industries who share the same workplace space. These new connections could also facilitate partnerships, collaborations and possibly even new business. Workshops, social gatherings and events held by the coworking space results in a community and a strong bond of connection with one another, regardless of each profession.
Work balance: freelance and remote employees often lose the sense of work-life balance; and working from a coffee shop can be aesthetically pleasing but quite isolating. However, a coworking space offers you a professional environment to work, separating home from work. This also increases productivity and focus, helping you achieve your goals quicker in the day.
Facilities: coworking spaces offer all the luxuries you can imagine in an office space, from good internet connectivity, printers, IT facilities, to well organized meeting rooms and spaces. You also have access to break rooms, coffee stations and kitchen facilities – this is economical for many small firms and startups, hence coworking spaces have become a popular option.
They also give you access to well-designed professional meeting rooms and event spaces where your clients and partners can come in for a conversation
Coworking Spaces in the City
Karachi, which caters to multiple entrepreneurs, freelancers, startups and other businesses, has multiple top notch coworking spaces, each offering luxury facilities. Listed below are some of the top most coworking spaces in Karachi:
- The Hive
Located in the center of Karachi, this coworking space is on the rise. Its design and interior, the location and range of workspace options, from desks to offices to private rooms, caters to all. It has built a community of different entrepreneurs and businesses, where they all come together for events hosted by Hive.
- Colabs
Originally from Lahore, Colabs has expanded its coworking space to Karachi. It provides top notch workspaces, well known for the facilities it provides. It offers various deals which best suits your requirements. It caters to multiple events for industries and some for the pure reason to network and socialize, creating a community for startups and other business types.
- Workhall
Workhall, another well-known coworking space, located in Clifton, is famous for its space options. It also, like other spaces, hosts events and focuses on community building, and it is a popular choice amongst freelancers and big teams companies.
- Collabhub
Collabhub is committed to offering top notch and flexible office working spaces, designed to enhance productivity and collaborations. With latest technologies, and many more services, it is built to curate a strong community of business professionals.
Conclusion
The rise in demand for such spaces, reflects on how businesses nowadays cater to their work environments. Affordable workspaces, collaborating with other companies and freelancers, is the new idea of an office space. With multiple coworking spaces now in Karachi, firms have options to explore the right workspace that best suits their requirements.
