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Running your business in a shared office space means there will be other businesses of probably the same size as yours which will also be using the office space along with your own company.
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A Shared Office Space Can
Solve Plenty of Problems Faced
By New Companies
Rising operation costs which includes paying for the lease on office space,
salaries of employees, arranging for office furniture, electricity, computers,
and many other big and small items. Share office space saves you from a lot
of such hassles.
Starting a new business without deep pockets of cash can be difficult in
today’s market. Everyday hundreds of new businesses are setting up their
offices within limited available space in any city which results in a shortage
of supply of office space and utilities. A shared office space is a great
solution for new or growing businesses.
With rising property prices in most developed cities across the world, small
businesses find it tough to afford a place of their own. Some businesses
require them to open new operation centers to deal with new clients or
manage operations. In all such instances, a shared office space might be
able to offer them solutions to most of their problems.
Running your business in a shared office space means there will be other
businesses of probably the same size as yours which will also be using the
office space along with your own company. Imagine that you lease yourself
a new office space but are able to use only half the space at once, or use it
for only 12 hours each day. In both cases you are paying for space you are
not utilizing, so how about running your office on a share basis with other
businesses to share the overall cost and expenditure? This is the idea behind
a shared office space.
So you are convinced by the idea of using a shared office space with others,
but don’t know where to start? Well there are many services out their which provide office space to businesses. You can contact them and find a suitable
office space as per your requirements. These services will not only provide
Is A Shared Office Space Right For
Your Business?
Where to Find a Shared Office Space?
you office space but also all other utilities, equipment, furniture and
maintenance services for your office. You can opt for what services and
utilities you want and these will be added to your costs. Imagine this to be
just like how a hotel works where you pay for items in the refrigerator in
your room only when you consume them.
However, you may also want to know the downside of using a shared office
space. Remember that when you are sharing an office with other companies,
any decisions regarding the office will have to be taken with consent from
others. It is also important that the working style of businesses that are
sharing space matches with each other. You cannot extend your office time
if you are allowed to use the office space after 6 pm if the working hours of
the other company start at 6, unless you make requests which are accepted.
Even when leasing an office space from shared office services, remember
that usually the leases are for a shorter duration, so renewable can be
complex and a regular event. When using an office on a pay-per use basis,
you may find it difficult to make last minute bookings if slots are not free.
For more info: http://www.asiaservicedoffices.com/about-us.html
Corporate Locators (SEA) Pte Ltd
16 Purvis Street 2F,
Singapore 188595,
Lic No: L3010469B
Tel: +65 6599 9940
E-mail: [email protected]
The Downside of a Shared Office