BENEFITS OF A THIRD SPACE FOR ENTREPRENEURS
As a small business owner, you may find yourself challenged with the limits of your environment. Whether you’re staring at the same wall hoping to get inspired, or procrastinating your business in favour of your to-do list, Home and Work spaces each hold their own difficulties and distractions. Thus was born the Third Space.
It isn’t work and it isn’t home; the Third Space is the other place you go to get things done. For many small business owners, home and work are one and the same. This makes breaking out of procrastination and gaining fresh inspiration even more challenging, and the need for a Third Space even more vital. Whether this is your local coffee shop or a designated coworking environment, the Third Space is full of potential for you and your business.
CHANGE OF PACE
Sometimes switching things up is all you need to get (re)inspired, hit on that next great idea, or find your productivity flow. A Third Space can help shake things up and offer new perspectives on your business. Studies have proven that productivity and profitability increase with the option of the Third Space. The neutrality and freedom of such a place allows space for flexibility, spontaneity, and creativity, helping you to get the most out of your day.
Starting a business can be isolating, especially if it’s just you, at home, trying to make things work. The Third Space you choose can create opportunities for you to build your business community through networking and meeting new connections. A diverse business network is an invaluable asset for a growing company, and co-working spaces have made this accessible to even the newest of home businesses. A Third Space also offers a place to bring contacts, hold meetings, and conduct the social aspects of small business.
GETTING DOWN TO BUSINESS
For small businesses, designating “professional” space to conduct business can be a serious challenge. Whether you’re struggling to make business calls while tackling the mounting pile of dishes, trying to answer urgent emails while entertaining a toddler, or even serving customers at your shop when you should be working on your website, not having a productive environment can make focussing on the day-to-day of your business difficult to say the least. Think about choosing a space that jives with your working style and business needs (ex. If you like a quieter space, try a co-working hub versus a busy coffee shop). A Third Space offers the opportunity to define work time without the distractions of home and office, allowing you to get down to business.
IS A THIRD SPACE THE NEXT STEP IN YOUR BUSINESS JOURNEY?
Heads up Toronto-preneurs! The Nooks Community Room at 2005 Danforth Avenue is a great coworking space, offering complimentary wifi, coffee discounts, ability to reserve space & more! Pick up your Flex Pass or Daily Pass in-store or buy online!