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Best practices for managing coworking spaces with software tools

Mughees Qureshi
Mughees Qureshi
Best practices for managing coworking spaces with software tools

The world is constantly evolving, and so are the requirements of having flexible workspaces. Coworking environments are no longer limited to desks and WiFi. Modern professionals are now on the lookout for dynamic, engaging working spaces that are not only efficient and scalable but responsive to their needs, too. The use of appropriate software tools is critical for managing any coworking space with quality and consistency. 

When you combine a robust staffing CRM with daily coworking operations, the benefits are far more than you could imagine, and it goes beyond the basic billing and booking. A well-designed system will help you track leads, onboard members, retain members, and analyze. All of this helps to create a productive environment and a business model that sustains. 

Here are some of the best practice strategies that will help you in managing coworking spaces in an effective manner by using appropriate software tools.

1. Automation of repetitive administrative tasks

One of the primary steps is to eliminate any manual work your team is involved in. Manual work is often time-consuming and drains your staff's energy. Tools that are built specifically for coworking spaces should allow you to automatically bill, invoice, and handle membership renewals and room bookings. 

Research shows that automation aids in streamlining operations, saving time by 30%. Moreover, with automation, your team can focus more on improving the member experience. You can build a stronger community and growth rather than focusing on spreadsheets and manual calendars. 


5 Ways to automate your coworking space and save time


2. Utilization of integrated tech stack for membership and space management

A coworking space is usually composed of several smaller services, such as private offices, hot desks, meeting rooms, and event spaces. Each of these services has its distinct bookings, billings, and usage. Various researches suggest, a software that integrates booking, CRM, access control, and payments together is better than using separate tools for each of these tasks. 

When you combine all these modules into one software, your staff members can get real-time updates on member activity and space bookings, and gain access to opportunities for service upgrades. For instance, if the system detects a company visiting it consistently for 6 months, it can upsell by offering a dedicated meeting room. 


How to solve your coworking task mess with one app


3. Prioritization of data and reporting to improve utilization

An effective coworking space relies on data analysis. Such spaces are aware of their occupancy rates, membership churn, desk utilization, and revenue per square foot. Software and the latest technology help you identify which spots are underutilized, which services are in high demand, and when peak activity occurs. 

By analyzing that data, you can revise your pricing packages, redesign the layout, optimize the staffing CRM, and rethink your offerings. For example, if the analysis shows that the meeting rooms are unoccupied 50% of the time, you could consider reducing their size. 

4. Provision of seamless member onboarding & self-service

A good member experience starts from ground zero. Using software enables your members to enjoy a premium onboarding experience. This will include digital registration, mobile badge access, an orientation email, and app access. Providing all such features to a member will significantly improve their satisfaction and retention. When members feel empowered and have access to such technology, they are more likely to stay connected in your space. 


First impressions matter: onboarding that WOWs


5. Building community with engagement tools

Coworking space does not just mean getting a real estate; it's an entire community. You should look for software that lets members create profiles and chat with others, providing networking opportunities. You can even add event calendars and push notifications so your users can engage with one another. 

Experts suggest that having a sense of community in a coworking space sparks creativity among the members and also gives them a sense of belonging. A combination of community engagement tools and CRM can help monitor event attendance, activity levels, and member referrals. Such tools will help in improving differentiation and value-based propositions.

Events management system on Spacebring

Events calendar on Spacebring platform

6. Leveraging flexible pricing and upsell opportunities

Software also helps you to experience with multiple membership tiers, day passes, add-on services, and team plans. Add-on services can include locker rentals, dedicated phone booths, or space hire. You can analyze data from your CRM to identify members who could be upgraded to an upper-tier plan and avail additional services. The ability to upsell and cross-sell with digital tools offers significant growth potential in the industry. You can add triggers in your system that alert the staff to avail the upsell opportunities. An example of this is a member whose usage constantly exceeds their current plan. 


A guide to selling extra services and boosting revenue in your coworking space


7. Ensuring location flexibility and scalability

As the demand for coworking grows, you can expect your members to evolve, too. Therefore, you would want a platform that supports work across multiple locations, brand customization, flexible billing, and mobile app access. According to experts, a scalable software that enables smooth workflows is essential for growth. You can select a system with multiple-LOC support, which lets you expand your services without rebuilding. Ultimately, your users will experience seamless services all across member sites. 

8. Maintaining security, access control & compliance

A professional coworking space must ensure that the data of its members is safe and secure, and regulatory-compliant. The software tools must integrate access controls (e.g., keycards or mobile credentials), visitor logs, data privacy, and payment security. A proper system ensures the build-up of trust, operational integrity, and mitigation of any risk. 

9. Continuously improve based on insights

Having a software stack ready to be implemented is sufficient. You need to constantly analyze and review the software performance, get member feedback, and then make adjustments accordingly. Regular check-ins and responsiveness to member needs are key to success in workspace management. You can schedule a quarterly strategic review where you analyze the metrics and pain points, and then make adjustments to the tech configuration accordingly. 

Generate recurring revenue and offer exceptional customer experience at your shared or coworking space

Conclusion

Management of a growing coworking space is no longer about great design and location. It requires a strong, stable operational backbone. Automated, integrated, and scalable software tools should power the coworking space. From lead capture to onboarding, billing, and community engagement, the perfect platform will synchronize your CRM and track all interactions, ultimately boosting your success rate. When you accept a software-enabled coworking space, your team will focus on what actually matters, that is, building a connective, productive, and vibrant community.

Mughees Qureshi

Written by Mughees Qureshi

Mughees Qureshi provides copywriting services and writes quality articles and blogs. He is experienced in writing on topics related to all domains with impactful knowledge. He occasionally writes articles for Senegal Software.


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