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Why Not Share Office Space and Make Some Extra Cash?



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By : Lilitos Baghdasaryanos    29 or more times read
Submitted 2011-06-01 01:51:48
The idea that you can actually share office space and make some extra cash is one that has probably never occurred to most small businesses. They are usually concentrating on their core profit action and the office is just a convenient place where the thinking part of that takes place.

Office space can be expensive to rent for many people who simply need a desk, a chair and a warm room to work in. That's why an office that is already in use, and that has a part of it not in use, can be an asset to a company. The office can be hired out, or shared, for a suitable fee, and everyone is a winner.

If you feel that sharing your office space is something you could do to make some extra money there are a few things you should consider first. You should make the idea an attractive one to those who may be interested in your offer.

If someone can rent out complete office space at considerably lower rates than you are offering, they will have no incentive to share office space with you. For that reason you will need to position your offer as a step below renting out a complete office and price it accordingly.

Your charge to share office space will also be determined by what you are making available. If the office share includes the use of the office printer, photocopier, fax, Internet access and perhaps other facilities, then you can of course charge more than if you are offering just a bare desk and chair in a corner.

You will also have to give some consideration to privacy and seclusion for the person who shares your office. You will also be subjected to the proximity of a virtual stranger being in your office space, so give some thought to how you will manage that to everyone's satisfaction.

Office workers also need the use of facilities such as a toilet or tea and coffee making equipment, for example. If your office is staffed entirely by men and the person who comes to share office space is a woman, can you cope with that adequately? There are also certain laws that also have to be adhered to regarding the use of an office.

However, none of these things are insurmountable. Far from it, they are just things that you should be aware of before you jump in. It is always best to plan everything properly first. A good idea on paper can sometimes turn out to be not so good in reality. Also, any problems that may arise should be ones that have been foreseen beforehand and therefore have a "Plan B" type of remedy waiting to be put in place.

In today's world of recession when companies large and small are all having to tighten their belts in an effort to make ends meet, the realisation that you can share office space if you have it could be a great way to make some extra cash to help pay the bills.



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office space liverpool street

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