Starting and maintaining a business is a tough job. There are a lot of aspects that you need to bring together. While your heart is set to achieve the best results through your creative ideas and innovative methods, there are a few obstacles that come along the way. In today’s economy, it is difficult for anyone to survive the tough times and many entrepreneurs are looking at ways to creatively use their resources without needing to make huge financial investments to run their businesses.
As individual office spaces are one of the biggest investments, many small-time businessmen are opting for shared office spaces in Dubai for operating. As running your business out of your home or basements is not a viable option as your business grows, shared office spaces are one of the best ways to get your company running. As your business grows, you will have to do regular meetings with clients, which requires a certain level of class and sophistication of an office space, which is why shared office spaces are your best bet.
Shared office spaces allow various small businesses to essentially split the cost of a lease and share an office space and different types of equipment between them and offers all amenities including workstations and conference rooms. Working in such a fashion will help you save money for other needs, even better than short-term leases or temporary spaces. When you are in a shared workspace, the other businesses operating could be something similar to your trade or could be something else entirely different. When similar businesses share the same space, they can also share equipment that is unique to their industry. The company owning the equipment can gain some extra income from renting out the same to the other company for a small fee.
5 reasons why this is a good idea
This is one of the cheapest ways to establish a new office for your business. The shared office spaces come with furniture, lighting, water coolers and internet connections in place. There are no long-term contracts and you can literally just sit down and get to work without the hassles of setting up your own workstation.
A shared office can be leased for shorter terms of 6 months to a year, making it one of the most sought-after assets in the market. These office spaces are perfect to enter a new market and gives you enough time to grow and move out on your own terms.
Working with others
As it is the most happening place for young entrepreneurs to run their small-scale businesses, it grows as a thriving workplace with a lot of ideas flowing everywhere. Without a doubt, shared office spaces are fun places to work at.
Types of Shared Office Spaces
Serviced Office spaces
These are office spaces which have a number of private offices, communal desk spaces, and open areas. You can also share a conference room when needed. Such an office space encourages social interactions and networking among the people. They are all provided with the usual amenities like internet connections, fax and photocopy machines and such.
Standard shared offices
In this kind of arrangement, your business will be offered rented desks and workstations for two to four people within an established business. Such an office space is perfect for small time businesses needing privacy as well as a meeting room to greet their clients.
Single Person Workstations
A Single Person workstation is designed specifically for startup businesses needing an affordable lease for several years. The highlight of this setup is the many opportunities you get for networking, technical and business services, and collaborations.
If you are an entrepreneur looking to take your business out into the world under a tight budget, Shared Office Spaces in Dubai is the perfect solution for you.