Co-working spaces, shared working spaces, seat leasing or office leasing, which one is right for your business
When a business reaches the point where they need to increase office space, it can be a difficult decision. There are many different options available, each with their own set of benefits. In this blog post, we will discuss four ways to get more office space and the benefits of each. We will also provide some tips on how to choose the option that is best for your business.
Co-working Spaces
A co-working space is a great option for businesses that need office space but don’t want to commit to a long-term lease. Co-working spaces offer short-term memberships, which makes them perfect for businesses that are in the early stages of growth. In addition, co-working spaces come with all required amenities and are almost always pre-furnished and serviced.
Shared workspaces
Shared workspaces are perfect for businesses that need office space but don’t have a large budget. With this option, your business will share office space with other companies. The benefits of shared workspaces are that they tend to be less expensive than office leasing and per-seat are also usually cheaper than co-working spaces. Depending on the contract terms, shared spaces often offer all required amenities and support infrastructure including internet access and office supplies.
Office Leasing
For larger companies or organizations that require at least an entire floor, or an entire building, there is the office leasing option. Office leasing can be very beneficial for companies that want to maintain a certain level of control over their office environment. Longer term and less flexible than the other options, office leasing allows for more customization and often comes with added services, such as receptionists, maintenance services and janitorial staff.
Seat Leasing
The final way to get more office space is through seat leasing. Seat leasing is perfect for businesses that only need a few extra seats in an office setting. Seat leasing contracts are usually shorter than office leasing and allow for more flexibility in terms of demand.
Some Tips to help you decide
Choosing the best office space option for your business is not always easy, but there are a few tips that can make things easier. Consider how many office spaces you will need and forecast this number as far ahead as reasonable. Try to determine how long-term your requirements are, for long term stability office leasing will serve you best.
- Are you a large post-startup company in a growth industry, but not yet big enough to lease an entire office, shared workspace is for you.
- For large, established companies expanding into a new market or forming new teams, the space and long-term security of office leasing is a better fit.
- For the ambitious start-up, operating lean and fast with few staff a co-working solution is fit for purpose and offers capacity for growth or contraction as necessary.
- The final option, seat leasing, is for everyone at anytime. For any organization, large or small, that finds themselves in need of short to medium terms options to bring on more staff, but lack the office space, leasing seats provides a responsive and reliable means to bring on staff such as freelancers rapidly to respond to changing demands.
Office space requirements are constantly changing, so it’s important to stay ahead of the curve and project your needs as far into the future as possible. By doing this, you can ensure you select the workspace solution that is right for your unique needs. AmeeraTel offer a variety of office space solutions to fit any need or budget – so don’t hesitate to contact us if you need help finding the perfect office space for your business.
