Smart Work Centres (SWC) to Benefit Your Growing Business

Co-working spaces are professional work facilities shared by individuals from different companies, which provide an office environment, without the politics. Employees can enjoy more freedom while still maintaining their efficiency. There has been a growing trend of co-working spaces.

Other than becoming more effective, co-working can also provide start-ups with networking opportunities. It allows you to work among people with different skill sets that might be helpful for your business.

Especially for F&B businesses or Retail businesses with small staff size at their back-end office, utilising co-working spaces can help them to save more cost than having their own office. These costs include extra human effort required for managing the office. Co-working spaces can also give start-ups more flexibility, especially when the company is going to expand rapidly in the next few months. Instead of signing a fixed long-term lease, renting a short-term working space will allow more room for change.

There are many co-working space options out there, while most of them are located at business districts. Infocomm Media Development Authority (IMDA) work in collaboration with the National Library Board (NLB) to establish Smart Work Centres (SWC), that are located in neighbourhood areas. “By working close to home, employees can reduce travel time and can better manage work-life commitments especially when combined with other forms of flexi-work options.”