It is a very well known fact that a conventional Washington DC office space can be quite an expensive affair in both the cases - buying or renting. This might not be such a big deal for big corporations that have offices in multiple locations, but for start-up ventures, or for that matter, enterprises belonging to the SME sector, it's quite a significant investment, which is not always possible. An alternate to this is the office sharing concept, which leads to a significant drop in the costs incurred, while having little or no effect on operations or productivity. Generally, it so happens that big organizations have larger office spaces than they need and this results in the opportunity to either approach them for an office sharing arrangement, or search for the same on the internet.
The first benefit of going for a shared Washington DC office space is that there would be lesser paperwork involved. It is a well known fact that very often, due to fluctuating market scenarios, big companies have large offices where the staff has either been laid off, or transferred to some other department. In such a situation, the organization has two choices. It can either choose to continue operating from the same location, with plans of expansion in the future, or shift to a new one. In case the lease agreement does not allow the first choice, the company is stuck with lots of space and nothing to do with it. Sharing the space becomes a very viable alternative in this case, since the unused space will at least generate some revenue.
Other aspects of sharing Washington DC office space are whether you would be sharing only the office space, or other facilities as well, like scanner, conference room, internet, etc. This essentially depends on the organization. For instance, if a company has clients coming over on a regular basis to check the premises, this calls for a more elaborate sharing setup, since a favorable image needs to be presented. On the other hand, if the company carries out all communication through phone and email, even a simple table and chair setup would work just fine.
In short, you need to jot down the minutest details before participating in such an arrangement. True, there are significant savings, and this practice can pay off very handsomely in the long run, but it also has a chance of failing. Make your move carefully.
Search Office Space provides a free online and offline service for users to search for serviced offices globally. This is a particular type of office space in its most flexible form now available in most commercial properties across the globe in all of the major gateway cities. SOS were the first ever Serviced Office Brokers in the UK, first established in 1993. Since its conception we have developed an international database of property owners who offer serviced office space in over 5,000 locations through our continually growing website. Our service is free and impartial and we pride ourselves on our personal and professional service to every enquiry we receive.
The SOS headquarters are situated in the United Kingdom, Stanmore, North London with offices and representations in Central London, New York, Chicago, California and Hong Kong.
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