What is shared office space? Will it work for your situation? How much does it cost? We will answer those questions in this article, and our answers come from the mouth of experience. We are Paddock Place Office Suites, serving the Greater Fort Worth area with outstanding, top-quality shared office space. Call us at 817-439-3224 for more information.
What is shared office space?
Shared office space is exactly as it sounds. It is normally called coworking space, and it is a situation where you work alongside other people who only want to rent office for a short period of time, and do not want the expense associated with signing a long-term lease.
Typically, in a shared office space scenario, several people will have individual workstations in a common room. They all share a break room, and there is a conference room available should they need it. They rent by the month, and everything they need to conduct business is in that shared area.
These shared office spaces work great for small business owners who cannot handle the excessive cost of renting an office building, or employees who can work remotely, or home-based business owners who only need a professional location a couple months out of a calendar year.
Will coworking space work for you?
As cost-saving as a coworking space is, it is not for everyone. Some people work better alone. We have found that those who thrive in a coworking space scenario are those who love to interact, to share ideas, and who excel in a creative atmosphere where shared information excites them and feeds their own creativity. They are no intimidated by working with other professionals; in fact, they feed off of the creative vibes.
The advantages of shared office space
The first advantage of coworking space is cost. At Paddock Place Office Suites, our offices start at less than $500 per month, rented by the month, no long-term commitments necessary. Included in that price are utilities, WiFi, a private mail box, all the comforts of their own private office space without the expense.
Compare that to the steep costs of a traditional office space for rent, usually thousands of dollars per month, plus the cost of utilities and furnishings and signage, and it is easy to see why coworking space is rapidly gaining popularity in the business world.
The other obvious advantage is the companionable atmosphere which is fostered by shared office space. You are always working among like-minded people, and there is no feeling of isolation in such a situation.
A final word about Paddock Place Office Suites
Paddock Place Office Suites is located in the Fort Worth Design District in the Alliance Area of North Fort Worth. It is one of three business parks found in The District, the other two being Box Office Warehouse Suites, and Golden Triangle Business Park. We are locally owned and operated, offering the very best in coworking space at a price you can afford. Call us about our shared office space, or call us about our traditional office space for lease found elsewhere in the Fort Worth Design District.