As a small business owner looking to branch out, you may be weary of the long-term lease commitments that are common with traditional office space properties. A three to five year commitment is a lot to ask of someone who is just starting to branch out from a home office or looking to set up shop in a new city. Shared office space leases are generally much more flexible than nearly any traditional office space leases that you will find, with many requiring only a one-year commitment.
Connect with Other Small Business Owners
The ability to connect with other small business owners in your area is important to the success and growth of your business. Business connections within your community can be vital to your small business’s future. A traditional office setting doesn’t enable the level of networking that you can find with a shared office. In a shared office space environment, you will meet people with similar goals, attitudes, and ambition who can help your business. You’ll find that you can increase your numbers of leads and referrals quickly by creating these important connections with your peers.
A huge benefit of shared office space is that it can lower the barrier to entry into an outside office space, rather than a home office. Many small business owners or sole proprietors delay expanding their business because of the long-term commitments and high prices of getting a stand-alone office space. The costs of a shared office space are often a fraction of a traditional office.
If you haven’t taken your small business to the next level because of the costs or commitment needed for a traditional office space, consider a shared office space. Take the first step to get out of your home office and into a real office setting for much less than you thought possible.