Why are more companies, startups and entrepreneurs willing to share coworking space in Hong Kong?
For a lot of entrepreneur, this is timely, as they do not need to buy new furniture, pay for expensive interior job, look for impossible real estate space to rent or pay upfront cost for spaces. The serviced office Hong Kong companies take care of these issues. They are also responsible for fixing broken appliances, electricity bills, paying insurance, clean, buy pantry supplies and pay all utilities bill.
They take away the stress of attending to these issues while startups and entrepreneurs focus on what they know how to do.
Typical coworking space in Hong Kong is an open office layout. Some come with dedicated phone booth, where you can receive and make calls with little distraction to others. Most has communal areas like meeting rooms, kitchen, game room, library and certainly a full service coffee bar where you can get your coffee fix anytime.
People turned to these solutions because of the flexibility that coworking space and serviced office provide. More importantly, coworking space in Hong Kong gives the entrepeneur or startup the opportunity to work in a community of disruptive thinkers, experienced mentors where they can benefit from cross fertilization of ideas.
For some startups, coworking space can be all they need to scale. Some startups end up serving other startups’ business needs within the same coworking space and through referrals. For foreigners who are trying to get a foothold in Hong Kong, Wan Chai, Sheung Wan, Kennedy Town are particularly popular.