Home-based businesses are on the rise. With more and more entrepreneurs engaging in online startups, there is a need as they grow to transition from home to an office. However, getting a proper office is time-consuming and costly, which is why renting a shared office space can be the best choice for a small expanding business.
There are many benefits to shared office space for your small business. Shared office spaces are typically conveniently located in the business district of a city. As geography is essential to any business, it is excellent that shared office space is available in prime locations.
Shared office spaces are hassle-free. They are "out of the box" ready to use. They come with furniture all set up. Communications such as phone line and wifi are already set up, plus a coffee room is typically available for use, as well.
Shared office space allows a great deal of flexibility. If your business is succeeding and you need to accommodate extra staff or your company is downsizing, you can quickly scale your business.
The financial burdens of renting a shared office are minimal. Your commitment can be as short as a one-month commitment. This elevates any financial responsibility of paying routine maintenance of the building, committing to a long-term lease and investing in technology needed to operate an office. Maintaining an office includes things like repainting walls, repairing equipment, cleaning the office and much more. In the case of shared office space, the time and financial burden of this is not your responsibility. You have more time and money to invest in what you do well, rather than worrying about taking care of office space.
If your business needs to have a professional appearance to it, shared office space can provide that too. Holding meetings in noisy public coffee shops or restaurants isn't appropriate at times. Shared office spaces typically offer access to boardrooms to hold important private meetings. As well, shared office spaces provide administrative support, which means that you don't need to worry about hiring a receptionist.
While some people may be concerned about sharing an office space with people that may have similar businesses to theirs, in fact, this should not be of concern. In shared office environments, office space is closed off and isolated from others. You'll only connect with them when you want. And some companies even report collaborating on opportunities that would not have otherwise come about if not for being in a shared office space.
And lastly, mental health experts have recently indicated that working at home can result in mental health issues for some people. Working in isolation, blurring the lines of work and home life, and the need to always be available can cause problems. By sharing office space, individuals feel a sense of belonging and also gain that separation from home, resulting in a reduction of stress and eliminating mental health-related issues.
Sunshine Chambers Business Centre provides top-quality share rental offices and rental offices for any company or startup on a budget. We have flexible terms and rates that can be customized to your specific situation. Our professional office administrator, receptionist and IT staff ensure that your experience is a hassle-free enjoyable experience. Contact us to learn more about our services.