In the modern business context, coworking and cohoming are two popular co-working space models. But what is the difference between the two and which is the best choice for your business? In this article, we'll compare coworking and cohoming, exploring their advantages, disadvantages, and suitability for entrepreneurs, freelancers, and SMEs.
Coworking: working together in a common space
Coworking space is a shared workspace model, where experts from different fields work together in a common environment. Co-working spaces such as G Office offers a variety of membership options, from renting a private office to using a co-working space. The benefits of coworking include:
- Connect and expand relationships: Coworking spaces encourage opportunities to connect and collaborate with other professionals, which can lead to new career opportunities.
- Flexibility: Flexible membership plans allow users to choose the duration and service that best suits their needs, providing great flexibility in managing their time.
- Shared infrastructure: Coworking spaces often provide shared amenities and infrastructure such as reception, meeting rooms, lounges, printing equipment and high-speed internet connections, helping members work efficiently and effectively. productivity.
Cohomming: working together in a residential space
Cohoming, on the other hand, involves remote working professionals sharing residential living spaces. Instead of renting traditional workspaces, cohomes share common living spaces, which can include offices, meeting rooms, and common areas.
What if there was a space that brought together the benefits of co-working without having to leave your beloved home? This is now possible thanks to online community platforms. These websites offer individuals the opportunity to rent out their living rooms to self-employed workers. They allow connecting homeowners who have workspaces and want to share them as well as guests who are looking for this type of space to work.
For the first time, this concept was born in California, based on the observation that we often have to pay a very expensive rent to end up spending less time at home and that freelancers sometimes find it difficult to finding or paying for an office away from home.
The benefits of cohoming include:
- Cost savings: Cohoming can be more economical than co-working or traditional office space rental because it allows the cost of accommodation and services to be divided among multiple people.
- Informal cooperation: Living and working in the same space encourages informal and spontaneous collaboration between housemates, which can boost creativity and productivity.
- Community lifestyle: cohoming offers a communal living experience where members not only share a workspace but also meals, entertainment and social activities, which can strengthen professional and personal relationships .
Choose the right model for your business
Choosing between coworking and cohoming depends on the specific needs and preferences of the business. If you are looking for a collaborative and flexible work environment with lots of networking opportunities, coworking may be the best option. On the other hand, if you prefer a more cost-effective approach and communal living experience, then shared accommodation may be more suitable. Ultimately, it's important to weigh the pros and cons of each model to make the decision that best suits your business and work style.
However, the cohoming model has not appeared much in the Vietnamese market, so the choices for you are very limited. On the contrary, coworking is a blooming office trend in our country, with more and more quality providers joining the market, giving you a variety of choices that better suit your business's needs.
Typically, in the Ho Chi Minh City market, G Office is one of the pioneers in providing services coworking space for rent From 2006 to present, with a system of 5 branches located in prime locations of the city, helping you easily find a desired working space quickly.
