Moving your company into shared office can be an exciting step! Perhaps you are starting a new business, or maybe your early business success has led you to outgrow your home office. Whatever your circumstances, if they have led to your need for shared office space, then congratulations! Now, how can you make sure that you choose the right shared office space for your business? Here are 5 simple steps to guide you through the process of choosing shared office space:
1. Compare Several Shared Office Space Options
Obviously, we have our favorite provider of office space! However, if you take the time to identify several options to compare before jumping into a decision, then you will be more confident about your decision. A comparison will also be a great learning experience to help you see what is out there! Not only will you learn about what is available regarding price, area, and what each office space offers, but your comparison will also help you learn about what you value most in a shared office space. So take the time to do your research! Finding three different spaces to compare and listing the pros and cons of each option will allow you to make an informed decision.
2. Consider the Price of Each Shared Office Space
As you weigh the pros and cons of each shared office space option, price is always an important factor. How much will you be paying every month for the shared office space? When you consider the price, have a budget in mind. It is also helpful have a plan for your space usage. How big of a workspace will you require? Do you need meeting space? Storage space? Having a plan will help you to get the space you need, without paying for what you don’t need. With this in mind, you can find the shared office space that meets your requirements at the price that fits your budget.
3. Don’t Forget to Factor in the Perks
When considering the price, find out what perks come with that price. Will you have access to equipment that will benefit your company? Free beverage service? The flexibility to add more space for a client meeting? Identify exactly what comes with each shared office space so you can compare apples to apples when it comes to price. It is also helpful to determine which perks you think you will use regularly. If an office space provides access to equipment that you don’t need, then it is not really a perk for your business. Factoring in the perks will help you determine the value of each shared office space option.
4. Access to the Shared Office Space
When do you do your best work? Do get lots done in the early morning when nobody else is awake? Or do you like to spend a few hours in the office on a Saturday getting caught up when there are no interruptions? Whatever your work schedule preference, make sure that you have a clear understanding of when you can access your shared office space before you make your decision. If access is limited, ask yourself if those limitations will be a hindrance in your work productivity.
5. Location Location Location!
One of the most important things to consider when choosing shared office space is the location. If you are transitioning from a home office, be sure to choose an office with a commute that you can live with. It’s also a good idea to factor in the general surroundings at your location. Is the shared office space near a place where you can get out and take a 10-minute walk to clear your head? Are there restaurants nearby if you like to go out for lunch? You will likely be spending quite a bit of time in your shared office space, so make sure the location is desirable to you.
These five tips should help you make a shared office space decision that will allow your company to thrive in its new location. Is your business ready for shared office space? If so, then click here to learn about YourOffice Ballantyne’s 2 month free rent offer!
We look forward to helping you find shared office space that is the perfect fit for your business!