Five Ways CoWorking Can Help Cut Business Expenses

Published On: January 13, 2023|Categories: Featured Posts, News|

CoWorking spaces are often more cost-effective than a traditional office and have built in amenities like furniture, infrastructure and business equipment already available in the space. Our members can sign an agreement, move in the same day and get to work! Below are five ways CoWorking Spaces are helping it’s members control expenses.

Rent
Traditional office space is expensive, and a huge monthly expense on small businesses. Don’t forget you also have to provide your own infrastructure, supplies, and furniture, and staff. Renting an office in a shared workspace ensures a business only pays for the space it really needs and isn’t wasting money on, for instance, unused meeting rooms.

Staff
When operating in a traditional office space, you also need to hire staff to answer phones, welcome guests, make coffee, ect. In a CoWorking space, the staff is included in your rent, making this another expense you save on. Need help on a project? You can utilize the CoWorking staff and only pay for their time you need. Don’t worry about hiring a maintenance team either, it’s also included. Let them focus on your workspace, and you focus on what you do best.

Infrastructure
When you rent a traditional office space, you will get a bare office space which you have to fill. You can rent space in a CoWorking environment and get a fully furnished office space, plus you will get all the other amenities like couches, a kitchen, a conference room, a bunch of chairs and tables, and much more included, too. Enjoy access to business services like copiers, postage, efaxing, ect and only pay when you need it. And, no contracts for your business to manage!

Affordable Security Deposits
You can be required to provide 3 to 6 months of rent in a traditional office rental. At OffiCenters, members pay a one month security deposit, helping start-ups still trying to stand on their feet or businesses that don’t want to tie up that much capital.

Changes in Business
Has your business experienced growth and you need more space? CoWorking spaces can help with that too! Add a space at any time, and have it run in the same terms you are currently in. Maybe you need to cut expenses or downsize. The flexibility in agreements in a CoWorking space allow you to do so, sometimes even within a months notice. Buy what you need, when you need it.

If it’s time to see how you can WORK AWESOME in a CoWorking enviroment, we would love to help! Stop in for a tour or call now and mention this post to waive your start-up fees!