shared office space is when companies that have extra office space rent out workstations or small units to smaller companies that need a flexible place to work.
This helps the office-owning company make money and gives smaller companies an affordable and flexible option for having an office outside of their place.
Shared office spaces are places where people from different teams or companies work together in a big open area. They share the cost of the space, so they can use nice work areas and facilities they might not have on their own. Whether you work alone or with a small group, shared offices offer new options for people who don’t have regular office setups.
The best part about sharing a co-working office is that it creates a lively atmosphere for both companies and opens up opportunities to reach new customers.
What are shared office space issues?
There are many important things to consider when creating or starting a shared office space or rent space for business :
- Traffic: It’s crucial to have enough people using the co-working space. This depends on factors like location, the benefits it offers to members, and how well it is promoted.
- Growth: Not everyone who visits the space will become a long-term member.
To ensure continuous growth, you need to be prepared for member turnover and always be looking for new members.
- Ecosystem: A successful shared office space needs more than just physical amenities.
- It must have a clear vision and culture that attracts and retains members who share common needs and goals.
- Cost vs. benefit: It’s important to provide amenities that support members’ work goals at a price they can afford. Co-working is a luxury, and some people may choose to work from home for free if the cost is too high.
- Location: Even if your co-working space is excellent, if it’s not conveniently located, members may prefer other options. Proximity to amenities like coffee shops, restaurants, and parking can make a significant difference.
- Overhead: Starting and running a shared office space business can be expensive.
- Many places fail because they underestimate the costs involved. It’s important to have enough financial resources to cover expenses and unexpected costs
What factors must you consider when looking for a shared office space?
- Understand Your Needs: Before deciding to rent a workspace, think carefully about whether you can be productive working from home or if you need a different environment to be productive.
- Check Reviews: Before choosing a workspace, look for reviews on different platforms to get an idea of what other people think about it.
- Try It Out: Some open office spaces allow you to try out their workspace for free. Take advantage of this opportunity to see if it suits your needs
- Get to Know the Community: The people who work in the office are just as important as the workspace itself.
- Interact with them and ask for their opinions to get a better understanding of the environment.
- Consider Amenities: Before making a decision, check what amenities are available such as printing services, recreational areas, kitchen facilities, backup power, private calling booths, and conference rooms.
- Think About Growth: Think about whether the co-working office can accommodate your business as it grows. Consider if it can be easily converted into a private office or cabin.
- Read the Contract: Before signing any contract, make sure to carefully read and understand the terms and conditions, especially those related to cancellation.
8 reasons why you should consider working in a shared office space
1. Saves money: Shared office spaces are often more affordable than traditional office leases, which means you can save money on rent and utilities.
2. Flexibility: Shared office spaces usually offer flexible lease terms, allowing you to easily adjust your space according to your business needs.
3. Networking opportunities: Working in a shared office space allows you to meet and connect with other professionals in your field. This can lead to new business opportunities and collaborations.
4. Collaboration: Shared office spaces encourage collaboration, which can inspire creativity and innovation. You can work with others and learn from their experiences.
5. Increased productivity: Shared office spaces provide various workspaces, like private offices, coworking areas, and meeting rooms. You can choose the environment that suits your work style best and boosts your productivity.
6. Professional amenities: Shared office spaces come with amenities such as fast internet, printers, reception services, and kitchen facilities. These amenities help you focus on your work and save time on administrative tasks.
7. Mentorship and support: Many shared office spaces offer mentorship and support programs. They can guide you in growing your skills and business, providing valuable guidance and resources.
8. Improved work-life balance: Shared office spaces create a sense of community, reducing feelings of isolation.
You can socialize and connect with others, both inside and outside of work, which improves your overall work-life balance.
Looking for shared office space in New Cairo?
If you are searching for all these benefits, you can find them at Qdysk.
Qdysk is one of the most comfortable co-working spaces in downtown New Cairo
Qdysk also provides virtual office services in New Cairo
They have a professional way of handling calls and efficiently forwarding mail without requiring a physical office space.
You can contact us at: 01025503109
Location: Qdysk in downtown Cairo
