While individual workers and digital nomads often utilize coworking spaces, many companies opt to use shared workspaces for their employees. Because coworking spaces have flexible offerings, such as dedicated (reserved) desks, private offices, meeting rooms, and team collaboration spaces, they are beneficial for businesses as well.
For many small businesses, it makes more financial sense to place their teams in already built spaces while they ramp up, rather than investing their start-up money into a brick and mortar. The same can be said for large companies with remote teams or companies that want to break into a market but may not be ready to commit to a lengthy lease on their own space.