In a nutshell, the term refers to a space that provides fully equipped and fully furnished workstations that are ready for use and perfect for entrepreneurs and freelancers who choose not to work from home, and/or branch office/s.

Co-working spaces are offered at a much lower price than traditional working spaces and offer more flexibility with daily, weekly and monthly access.

Facilities such as mail handling, telephone, internet and admin support can all be made available.

For many entrepreneurs, working from home can be a lonely experience. Co-working environments have risen in popularity because they provide opportunities for networking with other small business owners and professional freelancers. They also offer a wealth of resources and the chance to connect with potential partners, clients and even outsource tasks. Co-working spaces offer entrepreneurs the most cost-effective way to launch their business as it costs them less than renting their own office. It also allows them the flexibility of scaling up or down to suit their business needs.

Co-working space is available by the day, week and month during office hours. A co-working client has access to either an unassigned work desk or workspace in a common area such as a business lounge with high-speed internet access.