As a startup business, you may be wondering whether you should work from home or rent an office space to house your employees – but you may never have thought too deeply into a shared office space. What was once viewed as a freelancer’s realm has now become a popular option for small and large businesses alike. If you are considering what some of the advantages of a shared office are, you have come to the right place. Look at just a few of the key benefits below:

1. Inspiration

While you may enjoy the idea of working with the same people day in and day out, it can start to have an impact on your creativity. However, one of the key benefits of a shared office space is that you will constantly be meeting new people as new professionals come and go. It can be stimulating to work alongside people with the ambition to succeed and may give you that push you need to reach your own goals.

2.Cost

Traditional offices can be extremely expensive; especially if you have a large team and need a lot of space to cater for everyone. The good news is that co-working office spaces are much cheaper, which is of real benefit if you have a small business budget. However, the cost of a traditional office doesn’t just stop at rent, you also need to think about furnishings, electricity, internet, air conditioning, cleaning and maintenance. A shared office usually has all of these factors taken care of, so you don’t need to worry about the additional expense.

3. Support

One of the benefits of shared office space is that you can bounce ideas off others in the working environment, which may equip you with new skills and ideas to help you progress. This is invaluable when first starting out in the world of business to allow you to get a new point of view on your ideas. What is more, a shared office space allows you to become involved in the wider professional community, in which you have the freedom to network and make potentially important contacts that could take your business to the next level.

4. Flexibility

In the early days of starting out in business, it is impossible to know whether your venture will turn out to be a success and, in this case, you may be apprehensive to commit to a long-term office contract. If you simply need a desk space or somewhere to work for a few months while you put your plan of action in place, a shared office space allows you to have the flexibility to hire the space as and when you choose, rather than having to commit to a lease.
There are many benefits of collaborative workspaces for small and large businesses and we hope this blog has given you an insight into why you should consider a shared office as opposed to a traditional office in the near future.

Laura Bill writes for Inspiring Interns, which specialises in finding candidates their perfect internship. To browse their latest graduates listings, visit their website: http://www.inspiringinterns.com/