Nobody can dispute the recent transformation in the way we work. Shared office space has become a solution to the high cost of leasing, offering a complete range of corporate amenities that most small businesses and startups can afford.
The many advantages of shared office space include:
1. It’s affordable
Whether you are an entrepreneur, a freelancer, a small company or someone just launching their first business, shared office space is a viable alternative to a conventional lease. Think of all the things you will be able to afford to do when you don’t have the expense of installing a phone system, buying furniture, office equipment, and hiring staff. Many shared office packages offer a range of amenities, such as meeting rooms and administrative support, that can be tailored to your needs and paid for on an as-needed basis, so you are never without the professional resources you need.
2. Get going quickly
If you were to choose a conventional office space, it might be weeks before you get everything set up to your satisfaction. With shared office space, you can hit the ground running because everything you could need is at your fingertips and ready to go. This means you will be able to keep your momentum going and reach your targets even faster.
3. Grow at your own pace
You may be thinking: “shared office space is great, but what happens when I need to hire staff?” No problem! Shared office spaces allow you to be flexible, to scale up or down as needed without skipping a beat.
4. You will be more productive
Shared office spaces can help you be more productive just because you will be surrounded by others who are similarly inclined. With a constant buzz of activity around you, you will undoubtedly be inspired to new heights of action.
5. High-end amenities
If you were to outfit your own office from scratch, chances are you would have to compromise on various things to meet your budget targets. Meeting rooms, complete with state-of-the-art audio-visual equipment, business-grade internet, a receptionist, a comfortable waiting area, ample parking, and lounge access probably wouldn’t be possible. But, with shared office space, you would have all of this and more at your fingertips and on-demand.
6. Great networking opportunities
Shared office spaces give you the chance to work alongside others who share your great work ethic. Working this way often leads to new and profitable relationships, either by generating business opportunities or providing connections to valuable services you need to take your business to the next level.
Whether you are getting ready to launch your first company or finally expanding out of your home office, shared office space holds many advantages, both financially and professionally. If you would like to learn more about what shared office space can do for you, reach out today or drop by My Annapolis Office for a tour.