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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.

A shared office space can solve plenty of problems faced by new companies

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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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Page 1: A shared office space can solve plenty of problems faced by new companies

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.

Page 2: A shared office space can solve plenty of problems faced by new companies

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?

Page 3: A shared office space can solve plenty of problems faced by new companies

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