How to Choose the Right Coworking Space for Your Dallas Business

Choosing a coworking space is no easy task. Choosing the right space is even more challenging in a city like Dallas, where business is booming and coworking spaces are popping up in consistently. With so many options available, it’s easy to get stuck choosing which North Texas coworking space is the best one for you. 

There are a few key factors you need to consider before you sign a lease at a Dallas-area coworking space. Take a look at the list below for nine crucial things to consider when choosing the right coworking space for your Texas business.

Location

This is the first and most important criterion to consider when choosing a coworking space for your business. The Dallas-Fort Worth metroplex is one of the fastest growing tech metro areas in the United States. Innovative coworking spaces are opening all over to keep up with the demand.

When choosing a Dallas coworking space, you want to factor in the proximity of the office to your home as well as distance to external amenities (coffee shops, lunch restaurants, etc.), public transit connection, and, if parking isn’t available on-site, distance to the closest public parking lots. If your business has frequent clients and visitors, you will want to consider ease of commute and parking at your location. 

Amenities

Your chosen coworking space should be inclusive of all the necessary amenities that come with a traditional space. On top of that, write down a list of amenities you expect from a Dallas coworking space in order for your business to succeed. 

If included parking is non-negotiable for you, look for a shared office space located outside of downtown or business complexes. Coworking spaces located in neighborhoods are more likely to have on-site parking options. 

Price

Budget is an essential factor when choosing the right coworking space. Remember, your business activities may fluctuate, so it’s important to choose a price that will suit your budget for the long run. 

You will need to prioritize what you need from your coworking space to get the best return on your investment. Before you sign a lease, take a good look at what amenities are included with your monthly membership. Most coworking spaces take care of all the overhead, such as internet costs, HVAC, consumables, and more, but be sure to double-check to make sure there are no hidden fees before you sign.

Most coworking spaces offer different types of memberships based on different budgets. If you can’t afford a private office, or you don’t need a private office, many coworking spaces offer Social Memberships that offer you the similar perks and amenities, but at a cheaper price. 

Access

Make sure you clarify what the access hours are before you sign a lease. Is the building open 24/7, or does it close in the evening? Having 24/7 access to your office space is critical if you’re a remote worker on a distributed team. Find out what the working hours are so you can remain flexible if needed. 

On-site support

Some Dallas-areas coworking spaces offer on-site support included with your monthly membership. On-site support can include building management, IT services, security, and more. 

Meeting rooms

You should consider a Dallas coworking space that offers easy and affordable access to meeting rooms if you meet with clients often. Many coworking spaces offer a credit-system for conference room bookings to ensure you have access to your meeting room when you need it. 

Workspace environment

Your surroundings greatly impact your level of productivity. Focus on choosing an office space that maximizes your quality of work and that promotes collaboration. At the same time, though coworking spaces have the potential to be a distraction-free workspace, not all of them are. Some spaces offer excessive distractions that might not be suitable for all business types and members.

You need to decide which type of workspace fits the culture of your business. The best way to determine if a coworking space has a suitable workspace environment is by visiting the space yourself, or even trying out a Day Office, prior to signing the lease. 

Commitment terms

Flexibility is important. Some Dallas-area coworking spaces offer a month-to-month membership, while others require a year’s agreement. You need to decide which option is best for you. Remember to clarify the commitment agreement and the required notice period before signing any lease. Most coworking spaces require at least one month’s notice if you wish to leave your private office. 

The bottom line

The Dallas-Fort Worth metroplex is home to many great shared office spaces. Choosing the right Dallas coworking space for your business needs is important. Reach out to our team if you have any questions about Caddo’s offerings to see if it’s right for you.

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