Shared Office Space: What Is It and How Will It Benefit Your Business?

It used to be that entrepreneurs had two alternatives for their business location: home or an expensive traditional office space. Then, executive suites became popular, giving businesses of every size the benefits of flexibility, administrative support, and a turnkey professional environment. The latest development in office space for rent is shared office space.

Like executive suites, shared office space gives a company a nearly instant business address. However, there is a core difference between these two types of office space.

Shared office space generally refers to excess space within an existing company’s building. If for some reason a business has extra space, it can recoup some of its expenses by sub-leasing that space to another business. Executive suites are managed businesses that divide large work spaces to lease as individual offices.

What are the benefits of using shared office space?

• Shared office space creates a more efficient environment amongst members of the business.

• Shared office space is less expensive than traditional office space.
  • No need to spend money at other office locations
  • Internet and phone costs are shared
  • Cost of receptionist or administrative assistant is shared

• Shared office space allows you to rent out any part of your space from a desk to an office. This is a great option for start-up companies who are adding to their business frequently and need to increase space.

• Shared office space provides all the amenities needed for business.
  • Kitchen, conference rooms
  • Furnished office space
  • Convenience

For more information on executive suites, shared office space, and other cost-effective business solutions visit Metro Offices online at www.metroffice.com.

Kathlene Buchanan

As the founder of Metro Offices, she has championed workspace innovation since 1989, inspired by the creativity and drive of their 30,000+ clients. Woman-owned and locally focused, the company tailors its spaces to meet the unique needs of every business.

tags: Blog | Business Solutions