After a growth rate of over 200% between 2013 and 2018, brought on through steady average growth of 23% between 2010 and 2018, it has been established beyond doubt that coworking environments are the future. Cubicles and closed off office spaces are no longer considered to be nearly as productive and cost-efficient as before, since the results of shifting to the new strategy have been nothing short of groundbreaking.
Even the biggest names in the game, such as Microsoft and Facebook have embraced the idea, due to the results that strategic outsourcing and shared work environments have produced. If you have a business idea that you want to see succeed, take note of the following locations, because they offer ideal coworking environments with speed, collaboration, and productivity set as priorities.
Seattle has a brilliant freelance worker’s economy, which is primarily responsible for boosting the demand for coworking space. When you do not need an entire office to do the work, why waste the money on renting the whole thing? However, as it is with every place, there are pros and cons of living in Seattle as well:
- There are no personal income taxes here unless you reach the high-income threshold
- The rent is not the most expensive, but neither is it particularly affordable
- The freezing temperatures can be unsettling for those from a warmer state
- Commuting to and from the office can be very slow due to heavy traffic during peak hours
- A crime rate that’s 115% higher than the national average crime rate may not make it ideal for a long-term stay
The cost of living is high, and the traffic is pretty terrible in Los Angeles, but that’s pretty much where the cons end. Los Angeles is not just a great place for entrepreneurs to find outsourcing and coworking opportunities, it’s also a great place to actually move in with the family if you can afford it.
There’s an abundance of coworking spaces available in the City of Angels, and when it comes to finding quality furnished apartments, Los Angeles has a long list to choose from. However, you should be careful about who your furnished apartment provider actually is.
Take, for example, the furnished apartments provided by Blueground, who focus on offering a turnkey experience so that freelancers, owners and other types of business travelers can move into them instantly and indefinitely. It’s a home away from home experience, complete with classy décor, a full set of furniture, all the necessary appliances and amenities, as well as 24/7 services available to take care of anything one could possibly need via a mobile app.
The easy availability of coworking spaces, the fully furnished and move-in ready apartments, and the massive opportunity to form partnerships and collaborations across various segments of the industry make Los Angeles one of the ideal American cities for entrepreneurs and freelancers alike.
San Francisco, California
Now, it’s particularly difficult to list just one city from the state of California, but San Francisco would have to be the number one choice for finding ideal business coworking environments in California right now.
The weather is beautiful, which actually does affect productivity, and then there’s the added advantage of having a booming, thriving technical environment to rely on. However, there is an issue to consider here. In spite of there being enough shared workspace available, the office rent is sky high, even when shared with others! The same goes for housing as well, and combining the two can defeat the very purpose of having a shared space.
Unless you know you can really capitalize on the booming tech sector, you should maybe consider another city on this list for getting better value for your money. Those working strictly with technical and technological aspects of business, however, may find San Francisco to be the best US city for launching a startup within a hospitable coworking environment.
New York City, New York
As far as business and industry are concerned, it is particularly hard to beat New York! Nevertheless, New York City is also the most expensive option of them all, shared working space or not! You can, however, try and find out about smaller chains that provide coworking opportunities, rather than going with the biggest names in that business.
As long as you can live with the crowd and the extremely high living and business expenses, there is likely no other place in the US with better profiting opportunities as a businessman/businesswoman.