Shared office spaces are an emerging concept in the workplace industry taking your typical 9-5 work day to a new level. While there are options to rent just a desk in a large open space, there are also fantastic options to rent a private offices that only you have access to. Renting an office in a larger shared spaced has a number of benefits that one might not realize when initially considering this option.
Networking:
While in a shared office space, you will encounter people from various business sectors and walk of lifes who will likely be a useful connection. Your business may grow exponentially with the addition of these new connections as you could learn about some pretty cool businesses in the process. Unlike setting up a make shift office in your home or a coffee shop, having a dedicated space where you can really get work done is vital to the success of any business.
Costs:
Shared spaces can be a much more affordable way to obtain a luxury work space. Often times, these spaces are in sought-after locations that are otherwise unattainable due to the cost of the infrastructure alone. A prestigious location can increase business and will certainly impress clients. While traditional office spaces are sometimes limiting, shared office spaces can likely accommodate a company’s growth and success. Being able to stay at a remarkable location while allowing your business to expand takes away the stress that may come when outgrowing a space.
The Ease:
Most executive office centers include some type of bundle that has internet, phones, electricity, administrative services, and building security. With this, you only receive one concise monthly bill with everything included. There is no need to keep track of multiple invoices or deal with any technical issues that may arise because that can all be taken care of by the staff at a shared space. This not only cuts costs but also takes away the burden of researching the right services and hassle of working with vendors.
Motivation:
Being constantly surrounded by accomplished individuals will be a positive influence on your team. Working among like-minded individuals from different companies or industries takes away the ability to easily shy away from responsibilities. Being encircled by committed, enthusiastic, and driven professionals is highly motivating, which in turn, can increase your personal output. Creativity flows and your business will benefit exponentially from all the hard work and hours you are putting in.
Common Areas:
A final benefit of shying away from a traditional office space is all the communal spaces that you have access to. Among some options are conference rooms stocked with the latest technology, state of the art kitchens, and if you’re really lucky you may even get some outdoor space to enjoy.