If your small business is quickly outgrowing your home office, then the next logical step is a shared office space. A shared office space offers all of the convenience of your own office space, but without all of the overhead. Here are a few things to ponder when looking for a shared office space.
Amenities
Many shared office facilities offer amenities that can help you and your business work far more efficiently. Things such as receptionist services and voicemail systems are great to have, but be sure you can afford them. You may have to start small and build up to the amenities that you want so you can make sure they are not out of your budget. If you feel that these amenities will help you work better, then work them into your budget the best you can.
Lease Options
Most shared office facilities require a yearlong lease, but you may be able to find one that offers shorter terms. Be sure that the facility is to your liking and that you will be able to afford it before you sign the lease agreement. Also read the fine print to make sure there are no hidden fees or penalties that could cost you more money than you bargained for.
Growth
The facility that you choose should have room for you to grow if need be. Larger packages and more amenities will be needed if you start to grow at a fast pace. Most facilities will offer larger office that you can move into if your company needs more employees to handle the growth. If you are not able to grow with the facility you are with, then they will just hold you back and prevent you from reaching the level you desire.
There are many different companies that offer shared office space, so do some research before you decide on which one to use. You should also evaluate they type of people you will be sharing the space with to make sure they are like minded. Most facilities will offer you a list of all of the services they offer and the cost, so compare each one to get the best deal that you can.
Charlene Laurent March 19th, 2014
Posted In: Office news, shared office
