The Pros and Cons of Leasing Shared Office Space

Posted by Richa Malhotra
3
Nov 6, 2019
582 Views
There are now more entrepreneurs who prefer to avail of shared office space instead of renting out or buying an office exclusively for their businesses. While others are doing this to cut down on overhead expenses, others are simply doing it because it is the best alternative for working from home.

Although this has become a popular thing for entrepreneurs to do, especially those doing small-scale or even home businesses, it is still a decision you should not make lightly. You still need to do some research about the advantages and disadvantages of sharing an office with other businesses.

Below are just some of the pros and cons of renting shared office space for your business:

The Pros

Cost-Efficient and Allows More Savings

Whether you are looking for a brand-new office or you are planning to move to a smaller space, a shared office space in Noida can be the best alternative for you. It won't put a huge dent in your budget because you will be paying considerably less for an office space that is already furnished with desks and drawers and even comes with its own Internet connection, electricity and gas as well as meeting or conference rooms.

Appear More Professional


Even if you are just operating a small business, having an address in or around the central business district will already be a big boost in getting a professional appearance for your company. This will help greatly if you need to hold a meeting with your client.

Helps Boost Productivity

Sharing an office with several other businesses means you might be able to meet other people you could foster relationships with. If, for example, you will chance on getting into a shared office space that also have tenants running businesses that complement yours, you can exchange leads and share ideas.

The Cons

Working with Different Personalities


If you used to work from home before, then you might meet some difficulty when it comes to working with different people as you can expect them to have various personalities. To deal with this when the time comes, it is best that while you do need to foster relationships with other tenants, you have to keep it professional. Do not go beyond that. Otherwise, problems might arise and you might see yourself looking for another office space.

Dealing with Confidentiality

If you are in the kind of business where you need to guard the privacy and confidentiality of your clients, then you might have a problem with renting shared office space. You may go around this though by renting a two or three-person private office. You will have the extra elbow room plus the capability to have your own space for your clients.

These are just some of the pros and cons when it comes to availing of shared office space. You have to think about them and weigh them all out before making your decision.

However, if you want to invest in a property that has only positives for its esteem investors then it is time you explore Anthurium, Noida. Anthurium located at sector 73 Noida, is the hotspot where those with the brightest dreams and aspirations will be drawn to. The place will be the hub for the companies of all sizes and streams and they will find common ground on the industries and jobs of the future.

At Anthurium, even the shared office spaces will have its own new dimension – with experts bringing people closer to how fitness is achieved or food is made and produced, creating once-in-a-lifetime experiences that will make Anthurium commercial office space a truly unique investment destination.

Anthurium sits in the heart of Noida and the Sundream group has a long and a perpetual connection with the city’s local community. The excitement and buzz of Anthurium will infuse new energies, energies that will encourage powerful connections among businesses, shoppers and the city’s indigenous community, making all feel inspired and welcome.

With every new project, the Sundream group is setting new standards and Anthurium is no way behind, Anthurium Business Park aims at –

a) Prioritizing staff enjoyment

b) Create a positive inheritance for the local community

c) Delivering industry leading business environ with superior infrastructure provisions and telecommunications.

d) High quality landscaping

e)
An array of retail office spaces with fully functional amenities

f) First of kind – Integrated Green Technology in Noida

Anthurium is the destination for people who are inspired by forging ‘what’s next’.

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