We understand the risks involved with renting office space. We are Paddock Place Office Suites, located in North Fort Worth, and we exist because we wanted to do something about the high cost of finding office space for rent in the Fort Worth area. Our solution to the problem of high costs: coworking space!
Call us at 817-439-3224 for more information after you read this article.
Traditional office space rentals
Traditionally, anyone wanting rental office space would be looking at a major cash outlay. The cost of traditional office space alone, somewhere in the $1500-$2000 per month range, plus deposit, is usually enough to weaken the knees of a small business owner. Add to that the cost of signage, the cost of utilities, the cost of furnishings, and the cost of marketing/announcing the new location, and one could easily envision an initial investment of over five-thousand and quite possibly closer to ten-thousand.
There are not too many small business owners who can afford that kind of investment.
The coworking space way of renting office space
We are Paddock Place recognized that fact, so we opened our office rental location in Fort Worth. Our way of business, our business model, is called coworking space. With our business model, you rent a shared office space in a building which has various other business owners, or business executives, from various companies, all renting individual desks/spaces. They rent by the month, when they need it. They share a break room. They share a conference room and rest rooms. We provide the furnishings and we provide a private mail box for each of them.
Think back to college days, everyone going to the library to study or do homework. Everyone had their own agenda, and the library was the gathering space where they could get their work done.
Coworking space is the library for small business owners who need to get work done without paying an arm and a leg for a workspace.
Huge savings for any business
Prices at Paddock Place Office Suites start right around five-hundred per month, utilities and WiFi included in that cost. Compare that to the cost-estimate mentioned earlier in this article.
Low commitment in renting office space
What commitment? You rent for a month, or two, or for however long you need it. You don’t pay for furnishings, you don’t pay for signage, you don’t pay for utilities or any other incidental costs usually related to opening an office space. This is a short-term solution to a short-term problem, period, end of story, and the commitment is minimal and very affordable for most small businesses of home-based businesses . . . and that is why coworking space is a very popular alternative in the business world today.
A final word about Paddock Place Office Suites
But don’t take our word for it. If you are in the Fort Worth area, call us and arrange for a tour of Paddock Place Office Suites . . . and, if you live somewhere else, seek out and find coworking space in your area, and go take a look. We believe it is a viable and affordable solution for finding office space rentals with low commitments, and we believe you will agree once you see it in person.