Shared Office Space – What are the Benefits?

Shared Office SpaceAre you a small start-up looking to gain a foothold? Do you have an established business, but are looking to expand your presence? Regardless which category you fall in, shared office spaces provide you with an ideal working environment. Adaptable to the needs of a wide variety of clients, shared office spaces offer many benefits, among them a low overhead, an existing IT infrastructure and the flexibility of a short lease.

The following is a list of some of the more obvious benefits to working in a shared office space.

1. Low Overhead

Setting up a new office can be an exciting, but costly and time consuming endeavour. So naturally you want to save where you can, right? But cheaper is not always better when it comes to office furniture, no matter how good it looks in the catalogue. You’d be surprised at how quickly an uncomfortable chair or a wobbly table can impede productivity. Shared office spaces provide the perfect solution by removing the burden of furnishing your space. Although we do not provide the expensive PC hardware and laptops, most packages include essential services like WiFi access, printing and phone services. Furnishings in shared office spaces offer a professional and modern aesthetic that would be above and beyond the reach of a private office, with no investment on your part.

2. Security

If you are concerned about insurance and peace of mind, shared office spaces have you covered. Most shared office spaces operate using fairly sophisticated entrance technology; whether this takes the form of keycard access or round-the-clock desk security, you can rest easy knowing that your affairs are conducted in a secure environment. Most also provide a waiting room and staffed reception area for your guests and clients.

3. Existing IT Infrastructure

Gone are the days when IT services were an optional luxury. In today’s work environment, conducting modern business without reliable technology is pointless. Nothing will get done. For many young companies with few employees and a small budget, finding the room to pay for IT services is almost impossible. Shared office spaces offer a solution to this problem, as most of them have dedicated IT support on-site. Not only does this mean that you are able to get started on your work quickly, it also means that you have a safety net should problems arise (as they invariably do).

4. Flexibility of a Short Lease

Circumstances can change quickly for any business, even more so in our shifting economic times. Isn’t it only fitting that your business expenses have some flexibility too? Shared office spaces allow you to choose the appropriate package to suit your immediate needs, such as temporary desk space or boardroom services at an hourly rate. They can also grow with you to provide private offices and conference rooms on a more permanent basis. Because your needs may change month to month, this flexibility is a distinct advantage over private leases which may not account for your limited budget or schedule.

5. Networking Opportunities

Working in shared office spaces will no doubt put you in close contact with other tenants, and some have mixed feelings about this. But rest assured, most shared offices report high compatibility between their clients. In many cases, this relationship can lead to collaboration, referrals and partnerships. By working alongside other businesses, just imagine the shared knowledge you can draw from! You will also have a qualified pool of resources at your fingertips, and numerous networking opportunities.

These are just some of the countless benefits of working in shared office spaces. With a focus on adaptability and service, shared offices allow modern businesses to adhere to professional models while keeping costs down and minimizing work on your part. The flexible, affordable and risk-averse solution of shared office spaces makes it so that you can focus on what’s most important to you: your business.

Photo courtesy of Startup Stock Photos

 

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2 Responses

  1. Keith says:

    This blog post was very helpful to me. I’m sure others may find it useful as well.

  1. November 4, 2014

    […] With a focus on adaptability and service, shared offices allow modern businesses to adhere to professional models while keeping costs down and minimizing work on your part. The flexible, affordable and risk-averse solution of shared office spaces makes it so that you can focus on what’s most important to you: your business.  […]