This is the main question being asked by many business people in 2022: why pay for office space you won’t use? Why take on large monthly expenses when you only need an office for a small percentage of a month? What business executive or owner would take on extra expense if it wasn’t necessary? That simply is illogical to do so, and that kind of frivolous spending can lead to a “for sale,” or “going out of business” sign on your front window.
We have an alternative, and it won’t cost you an arm and a leg.
We are Paddock Place Office Suites, serving the Greater Fort Worth area with outstanding office for rent alternatives. Call us at 817-439-3224 for more information and to speak to our leasing agent.
Now, let’s talk about the growing trends in office space for lease.
COVID taught us a valuable lesson regarding office space
There has been a trend forming the past five-ten years in the business world, and that trend became somewhat of a necessity during the pandemic: we are talking about remote working in the business world. More and more businesses are realizing that many of their employees are not needed “in the office” ‘five days a week; many of them really can do their work remotely, oftentimes from home, and really only need to check in at the main office once a week.
It was quickly discovered during the pandemic years, even by many medium-and-small-sized companies, that remote work was a game-changer and a money-saver. Why rent an office for ten employees when eight of them can just as easily work from home? Why pay thousands in for an office space for rent when it is not necessary to do so? And for small businesses, or home-based businesses, is it even necessary to rent an expensive office space downtown?
What many business owners realized is that no, they did not need a full-time office. What was needed was a part-time, or temporary, office rental. What was needed was something like coworking space.
The logical alternative to full-time office space for rent
Coworking space, or shared office space, is an alternative which allows business people to rent an office space by the month, with no minimum rental required. Instead of paying an expensive rental, based on square footage, for an entire year, small business owners can rent for one month, or two, from a coworking company, and cut their expenses considerably.
What we offer in coworking space
Paddock Place Office Suites, a leader in coworking space in the Fort Worth area, rents coworking space starting at $450 per month. Included in that price are utilities, WiFi, a break room, a private mail drop, and a conference room shared by all renters. Everything you could need in an office rental at a fraction of the cost, with no long-term commitments.
The cost comparisons
$450 per month compared to thousands per month, plus utilities. Coworking space means savings, literally, of thousands of dollars per month, and those kinds of savings can mean the difference between making a profit and not making a profit for many medium-sized and small-sized businesses, not to mention the executive in town for a month, or the home-based business owner who simply needs an office for one month.
Coworking space is an idea whose time has arrived in the business world, and it isn’t going away anytime soon.
A final word about Paddock Place Office Suites
Paddock Place Office Suites is a leader in coworking spaces, locally owned and operated, and it is located in the Fort Worth Design District, Alliance Area, North Fort Worth. Call us and ask for a tour. Our leasing agent is standing by ready to assist.