Working from home has many benefits for small business owners, but it also has several drawbacks. It can be isolating, can lead to laziness, a lack of discipline and may not be the most professional environment in which to meet people. And it requires cleaning up (try to get a coffee stain out of your living room carpet can cut into precious work time). Similarly a coffee shop can be noisy and distracting and is not usually conducive to longer work hours. On the other hand, renting an office can be expensive, formal and usually requires a committment whether you own it or rent it.
For those who want to have access to an office without incurring the costs, coworking can be a great compromise. Coworking allows independent workers, business professionals, artists etc to work in a shared space. Coworking spaces generally offer a social and collaborative environment and have several benefits as follows: