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Benefits of Shared Office Space

Lora Davis

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As the world keeps on changing in different spheres, there several changes that are also being witnessed in business; the concept of shared office space in Manhattan is a fast emerging trend especial because of the many benefits that are associated with it. This is especially true among business startups and small to medium-sized enterprises and consultancies. If you are trying to find office space Manhattan, you need to consider the benefits of shared office space in Manhattan.

Affordability: The traditional commercial lease requires that a tenant signs a long-term lease with a commitment of no less than 24 months and for a particular minimum amount of space and usually at a cost that many startup businesses cannot afford to pay. However, it is possible to get shared office space in Manhattan that is paid for on a weekly basis. There many businesses that have unutilized spaces for which they are locked in long-term agreements with the landlords who are willing to share the same through this platform.

Networking: Research has shown that networking accounts to about 87 percent of business in most marketplaces and, as a result, your business cannot afford to ignore such a big resource. Shared office space in Manhattan has done away with the homogeneity of the conventional business by bringing different types of businesses together. This usually increases the likelihood of getting important introductions and strategic partnerships; this means therefore that your business will grow on the back of leads.

Flexibility: In most cases, shared office space in Manhattan platforms allows bookings per hour, day, week or month something that is ideal for any short term engagements, business trips or simply for the kind of peace of mind that is brought about by flexibility. You are allowed to pay only for the number of desks that you need and just when you need them. This kind of flexibility also means that you can work from different locations allowing you to network even more.
Collaboration: It is an open secret that innovation never happened in a bubble; when you enter a NYC office space arrangement it means that you have access to other entrepreneurs to get insights from or bounce your ideas off. You may be able to get experts in PPC, SEO or entering ledgers and journals. There are always chances that someone in the office and especially those who are established in business has dealt with similar issues before and you can benefit from their experience. At the same time, you may get someone who is struggling with an issue whose solution you have at your fingertips.

Community: We all know how tough business can be and especially when you are running one. In many cases, you come to realize that all that was needed was for you to share your experience with other people facing similar challenges; this is only possible in the kind of community that is afforded by shared office space in Manhattan that helps to facilitate conversation. You don’t throw in the towel when you realize there are other people experiencing the same problem.


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