The practice of different companies pooling their resources and sharing the same office space is growing in popularity in many big cities around the world. It has become common for many startups to used a shared office as their first base of operations until they can afford to move into a place of their own. This would have been unheard of several decades ago. Companies would have been very nervous about sharing office space for confidentiality reasons. However, times have definitely changed. Companies are now very eager to enter into an agreement to share their office space because of the advantages it presents to them. Here are a few of those advantages.
1. New companies can save money and avoid spending much of their budget on expensive office space.
As you might expect, this is the primary reason why most companies that are working in a shared office environment choose to go this route. Money is usually very hard to come by in the early days of startup companies. This is when these companies are trying to attract customers and generate a steady source of income. Therefore, paying only half the rent of a nice office space is a substantial savings that may give the company more time to generate the sales that will keep it afloat. The money that is saved could literally be the difference between the company succeeding or going out of business.
2. Companies that use shared office space can afford better offices than they otherwise could on their own.
Some companies require an office that is a certain size in order to fit all of the equipment they need to perform their jobs. Renting an office that is the size they require can often be cost prohibitive if they are doing it alone. However, bringing another company into the equation changes the financial situation dramatically.
Workville is a company that has established itself as one of the premiere suppliers of New York offices for rent. They have built up a successful business by offering their clients shared office spaces in a variety of sizes that are ready for them to move into immediately. Internet service is also provided along with several copiers. Workville cleans their offices daily.