The Many Advantages of Shared Workspaces

As a small business owner, at some point, you may have to weigh the advantages of sharing your office space or going solo. Both have distinct advantages and disadvantages. However, if you’re just starting out, a shared workspace offers a lot of benefits that can help save you money and grow your business – both things that you should remain highly focused on in the early stages of your launch.

So, in the effort to find out whether a shared office space is right for you, let’s look at the different types of shared office space and what they offer:

1.Coworking

Coworking spaces might be the first type of shared office space that comes to mind. Coworking delivers a lot of attractive amenities for a price that is well below what you would pay for a private office, plus you will have the opportunity to meet and network with other entrepreneurs just like yourself.

Advantages to a coworking space include:

  • Access on your own time and schedule
  • Business-grade internet
  • State-of-the-art office machines like printers, scanners, etc.
  • A range of seating options
  • Free coffee
  • A chance to meet others like you
  • Networking opportunities to grow your business
  • Add-on amenities, like meeting rooms and admin support, as needed

2.Dedicated desk

A dedicated desk gives you all the advantages of a coworking environment along with a desk or workstation that is yours and yours alone. This means you will always have a place to sit and work when you come in and, depending on the layout, you may have a little more privacy for making phone calls and so on.

Advantages to a dedicated desk include:

  • More privacy
  • Separation from the communal space
  • Consistent work area
  • An affordable alternative to an office lease

3.Flexible office space

A flexible office space offers all the benefits of a private office in a shared environment. You would be sharing amenities (like utilities, office equipment, reception) with other tenants but would have a more autonomous space to work in. Flexible office space such as this is perfect for a growing company as it can be scaled up or down as needed, giving you plenty of room to grow.

Advantages to a flexible office space include:

  • Traditional office setting and environment
  • A range of membership options and packages
  • Access to meeting rooms and other amenities on-demand
  • Lends more credibility to a business operation
  • Suitable for active teams or growing companies
  • Good for companies that need to establish a satellite office

Shared workspaces: efficient, productive, viable

The bottom line here is that every business is different, and every company has different requirements when it comes to offices and office services. The one thing that they all have in common is a need for a professional environment to work in, and all of these options offer enough flexibility to answer all of those needs.

Ultimately, your decision should be based on your wish list and your budget, ticking as many boxes as possible without breaking the bank. If you would like to learn more about the advantages of a shared workspace, reach out today.