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Looking for a shared office space can prove to be difficult if you don’t have a checklist to adhere to. Before you start searching, decide on what is necessary for your situation, and figure out a budget. This will help you to make a decision once you have seen your options, and keep you from spending pointless money.

Here are the 5 factors to consider when looking for a shared office space:

1. Location

Just like any real estate, its all about location. You want to pick a place that is fairly close to your home so your commute time is short. You also want to pick a good neighbourhood and one that is easily accessible by your preferred transportation method, whether that be public transport or car.

2. Amenities

Shared office spaces have variety of different amenities. Its important to know what is necessary for you beforehand as offices can add useless amenities that you don’t need or want just to raise the price. Internet, printing, calling, and mail services are just some of the major amenities. If you need a coffee maker or underground parking for your beloved car, understand that extra amenities will reflect on your monthly bill.

3. Budget

Shared office spaces can range from a few hundred dollars a month to thousands. This is also why its important to know what amenities you require, and what amenities are just extras that you want. Cost is the most important factor when it comes to shared office spaces, as you don’t want to spend all your money from your business just on your office. Have a budget in mind before you start searching, and stick to that budget.

4. Lease Contract

Shared office spaces are beneficial because of their flexibility. Don’t sign any contracts that lock you in for any more time than you’re comfortable with. If you know you might be on the move in the near future, look for spaces that allow you to rent for short periods of time so you don’t overpay for space you won’t be using.

5. Security

Security is a must. If a shared office space doesn’t have some sort of lock and key system and/or security guards making rounds, don’t risk it. Your office needs to be a safe and comfortable place, where you have the peace of mind knowing your laptop won’t disappear overnight.
Shared office spaces will always be cheaper than having your own private office. Just make sure it checks the boxes on your list before you sign any lease or contract, and try to look for certain things on the list above that you think are necessary to help you and your small business grow.

 

About Skyward Business Centre

Skyward Business Centre is conveniently located in Mississauga. We have a wide variety of office space for rent that are beautifully designed and professional equipped. We provide customized shared office space rental solutions designed to inspire you and to deliver maximum flexibility and performance for your business. You can find your ideal office space in Mississauga at Skyward Business Centre.

 

Did you know virtual offices are popular with startups and small businesses? 

A virtual office is a term for shared office services. These shared office services include phone services, business address, fax services, mail services, meeting facilities, and answering services at a lower cost and with greater flexibility. A virtual office gives startups and small businesses a physical address and office-related services without the capital expenses of owning or leasing a traditional office.

Benefits of a Virtual Office

The concept of a virtual office is appealing to startups and small businesses. One of the main reasons is the monthly costs of a virtual office space compared to owning or leasing a traditional office. A virtual office allows you and your employees to work from anywhere which can lead to greater productivity. In addition, you’re able to hire employees that doesn’t have to live locally so it expands your hiring options.

Here are the benefits of a virtual office:

1. No commute time

Commuting to work each day takes a lot of your time. However, you don’t have to worry about commute time. When you use a virtual office, you eliminate your daily commute. You don’t have to get ready for work and commute to your office and then back home. You can use that time and put it towards more useful things. 

2. Increase in productivity

A virtual office can result in an increase in productivity. Working long hours in an office environment can be tiring, stressful, and distracting. But, with a virtual office, employees don’t have to worry about being tired, stressed, or distracted. In addition, employees can have a greater work-life balance because they’ll be able to quickly transition from work and back to their family. 

3. Less overhead cost

You don’t have to worry about high overhead costs. You don’t have to worry about office lease, utility payments, and other associated costs that come with owning or leasing a traditional office. 

4. More employees can work 

You’re not limited by the size of your space when it comes to a virtual office .You also don’t have to worry about relocation because you need more space for your employes. A virtual office allows you to hire a greater number of employees to work. 

5. Access to shared office services

You have access to shared office services so you don’t have to worry about incurring the costs of hiring technicians or on-site professionals. 

About Skyward Business Centre

Skyward Business Centre is conveniently located in Mississauga. We have a wide variety of office space for rent that are beautifully designed and professional equipped. We provide customized shared office space rental solutions designed to inspire you and to deliver maximum flexibility and performance for your business. You can find your ideal office space in Mississauga at Skyward Business Centre.

 

Any business needs a good environment for their work. Whether it’s a small family owned business or an existing one that’s had a few years of experience, shared office spaces offer benefits that anybody can take advantage of. Shared office spaces are flexible for a huge variety of clients, offering a professional but cheaper way to have a dedicated space for your business. So what are the benefits of shared office space?

Here are the benefits of shared office space:

Less Overhead Costs

Having a shared office space means that a lot of responsibility is off your shoulders. Most shared offices will already be furnished, have access to different utilities like kitchen and bathrooms, and access to phone and printing services. These are all responsibilities and costs that the business owner will have to look over at a private office, but have no worries about in a shared office.

Flexibility

Along with the cheaper costs, businesses in shared office spaces have the flexibility to choose a package or contract that suits their specific needs. Shared office spaces have a variety of different size offices and lease length times. Sometimes a temporary office is needed just for a week or two in the middle of a move, or more permanently for years ahead. Whether you plan to be a permanent tenant or just need a few days to organize, you can pick an option that works for you.

Security

Security and insurance are one of the bigger headaches when it comes to a private office. Being a part of a shared office means having the peace of mind knowing that your office and everything in it is safe. Most shared office spaces will have security cameras covering everywhere outside your office, along with some sort of lock and key or key card technology to get inside that adds to your safe being.

Networking

One of the small usually unnoticed benefits of shared office spaces is the networking factor. Not only are you surrounded by like minded people, getting to know other tenants might prove helpful for your business in cases of collaboration. In the past when different businesses have come together there has been lots of innovation and new ideas, something to always keep an open mind to as you might get a boost, as well as make some friends while you’re at it.

About Skyward Business Centre

Skyward Business Centre is conveniently located in Mississauga. We have a wide variety of office space for rent that are beautifully designed and professional equipped. We provide customized shared office space rental solutions designed to inspire you and to deliver maximum flexibility and performance for your business. You can find your ideal office space in Mississauga at Skyward Business Centre.

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