It’s no secret that leasing or buying office space for your company isn’t cheap or easy. You have to find a real estate broker, search through a multitude of spaces, place a large deposit, build out the space and sign your company away for 5-10 years at a single location. Chances are, both your time and resources aren’t being used efficiently during this process. Here’s why a shared workspace may be the right move for your company. Here are some of the ways you save:
Pay for the Space You Actually Use
Only pay for the space you use. Unlike traditional real estate where you are paying for your offices, conference room, bathrooms, hallways and more, you are only paying for your individual office or offices.
Save Your Cash
You don’t have to pay for construction costs of building out an office. If you’re looking for space for your team, even if it’s only 1,000 square feet, you’re looking at $100,000 or more in up front costs. Even furniture and IT is included. Everything you need to begin work is ready as soon as you sign up. You save thousands by foregoing the purchase of furniture and technology.
Turn Your Variable Costs into a Single, Fixed Cost
Reduce your variable costs with a single, fixed cost. With a shared workspace, a single bill includes:
A single, fixed cost makes it easier and cheaper than ever to run your business. Not only are you reducing your monthly expenses, but also you’re streamlining your bills.
Scale Your Business
If your business grows or downsizes, you don’t incur the same issues as traditional real estate. If your business is changing, you don’t have to worry about breaking a lease to expand or find a new space.
Businesses new and old have a common goal of decreasing their overhead costs. A shared workspace does just that. With https://reflexsuites.wpengine.com, you no longer have to take on the burden of constructing a space, furnishing it and fitting it with the latest technology. You simply show up and can start working.