By now you have probably heard of shared office space, otherwise known as coworking space. Perhaps you have considered it, but still don’t have enough information to make a decision.
We are here to cut through the confusion and help you to choose, one way or another, whether shared office space will work for you. We are Paddock Place Office Suites, serving the Greater Fort Worth area with coworking space at an affordable price. Call us at 817-439-3224 for more information.
What is shared office space?
To understand what shared office space for rent is, it might be easier to tell you what it is not. The traditional office space for rent was either a stand-alone office in some strip mall, or an office rental in an office building, with multiple companies each renting an office suite, or possibly even an entire floor of an office building. With either of those options, the rent was by the year, and it was, and is, generally expensive.
Shared office space in a common space where individual work stations are rented by business people, or business owners, from a variety of companies. They share a break room, the conference room is on a sign-up basis, and utilities are included in the rental . . . and the rental is on a month-to-month basis.
The pros of shared office space.
The pros are many, most of them financial. There is no long-term commitment with shared office space. You only rent an office when you need it . . . one month, three, six, whatever, and the rent is considerably less than if you rented an entire office for an entire year.
There is no need to pay for signage, since it is not your permanent address, and there is no need for a furniture purchase because furniture comes with the coworking space. Utilities are generally included, and insurance is not needed.
Other than financial gains, those who rent coworking space talk about the friendships made, information shared, and the general good vibes of being in a supportive environment where creative ideas are shared.
The cons of coworking space.
The negative reactions we hear often have to do with the fact that not everyone is cut out for a group environment. There truly are introverts, even in the business world, and an introvert, most-likely, would not do well with coworking space.
The only other con we can think of would be if you really felt it is advantageous for your business to be in its own building, in which case sharing an office environment would not be for you.
A final word about Paddock Place Office Suites
Paddock Place Office Suites is part of the Fort Worth Design District, over forty acres in the Alliance Area of North Fort Worth, an area dedicated to creativity, the arts, and with room to spread your wings and fly. We share the District with Box Office Warehouse Suites, the Golden Triangle Business Park, and the Golden Triangle Dog Park. The Alliance Area is the fastest growing industrial and commercial area in all of Tarrant County, without a doubt an excellent location for any business looking to grow. Call us and let’s show you, firsthand, what coworking space looks like.
