Private offices are sometimes preferable but the increasing presence of co-working spaces is slowly eliminating the need for those. Companies operating in the co-working spaces industry are kitting their offices with everything employees need, from conference halls and meeting rooms to leisure lounges.
When several companies operate within the same space, it naturally opens up the room for collaboration and potential opportunities of working together. This promotes a friendlier and more encouraging working environment when you are surrounded by people from different companies and fields, which can even improve your own employees’ skills and productivity.