Startup founders often look to shared office space as a way to save money and benefit from a coworking community. In the past, freelancers often turned to this option, but today businesses of all sizes do so. For instance, tech startups enjoy coworking. However, that doesn’t mean this option is right for everyone. What are the pros and cons every business owner should know?
The Pros of Shared Office Space
Most people look for shared office space near me to save money. These spaces typically come with amenities business owners want and need, including electricity and Wi-Fi, as part of the fee. However, other benefits exist that should not be overlooked.
When a person makes use of shared office space, they can talk with others when they need an outside opinion. The different perspectives may help them solve a problem they are experiencing, and networking may benefit them as they move forward with the venture. It’s easier to collaborate thanks to the close quarters and lack of walls. Coworkers often build stronger partnerships when they rent shared office space.
The company won’t need to purchase furnishings or add a kitchen to their office when they rent shared space. Dedicated desks and on-site coffee shops are other amenities found in many of these coworking centers. Finally, many centers come equipped with hot desks that allow the users to be more organized. These desks boost the efficiency of the space while reducing the cost of items, such as additional computers.
Meeting spaces provide startups with a professional location where they can meet with clients. They don’t need to pay for office space most of the time but can benefit from having easy access to a meeting room when required. They get the best of both worlds when they use shared office space.
The Drawbacks of Shared Office Space
However, shared office spaces also have drawbacks. For instance, a person might find they are constantly distracted when surrounded by others. Some people find it difficult to draw the line between socializing and working. In addition, a person might find they are surrounded by competitors. While this can be a good thing, as it makes it easier to keep tabs on what they are doing, it also means the competitors are doing the same.
A person has no control over who they work with any day, as those using the shared space change regularly. In fact, a person using this space may find the desk next to them turns over multiple times each day. Additionally, each person has no control over what the other users do. For example, they may empty the coffee maker and not refill it or talk loudly on the phone, disrupting others in the process.
Furthermore, a person cannot customize their workspace when they are sharing it with others. If a person needs items in a certain place or requires being surrounded by their things, using a shared space can be challenging. Finally, a person might find they do not like one or more people using the space, for whatever reason. They must deal with this person or find another coworking space to use.
Consider the benefits and drawbacks of shared office space before deciding if this option is right for you. Some people find it is exactly what they need to succeed, while others find it to be a distraction that actually holds them back. This depends not only on the individual but also on the space chosen. Both play a key role in the success or failure of using shared office space today.
