Factors to Consider when Renting Shared Office Space
While many people think renting shared office space is as easy as searching local listings, there are several factors to take into account when renting an office. Is the space easy to get to? Does the space reflect you well professionally? Is the square footage adequate? Does the cost of renting include add-ons such as high-speed internet? Each of these factors has a significant impact on the success of your business and should be carefully considered. Let’s take a look at what you should keep in mind as you search for the perfect space.
When viewing new spaces, it’s important to consider what your clients will expect when visiting your space for a meeting and how your employees commute to the workplace. If you rent a space that is off the beaten path, think about how potential clients or employees will get there. Does the spot have parking? If not, is it within walking distance of public transportation? The convenience factor is one of the most crucial elements to consider here.
Overspending on monthly rent for an office space is not the smartest business decision and will not benefit you or your business in the long run. Shared spaces offer shorter, more flexible terms. For companies that are unsure of how much space they’ll need, we will work with you to ensure you’re renting the right amount of space for your company and your employees. This will reduce any unnecessary space that you may have rented had a realtor advised you, further reducing overhead for everyone.
When in the market for a new office, the square footage of the office is not the only factor to consider. Think about your ideal office. Is it a big, open space with many different workspace options? Is it a designated workspace with rooms for meeting when guests come in? Is it a communal space with many other working professionals? With Novel Coworking, you have all of these options available to you, without paying for three different spaces.
When moving into a new office space, one thing that is often overlooked is the cost of furniture. Unlike traditional workspaces, shared office spaces are move-in ready, fully furnished, and IT ready. This way, your move-in process is less stressful and more immediate. Rather than you waiting for improvements (as is often the case with traditional space), shared office spaces are ready and waiting for you.