#Shared workspace professional

There are many different types of entrepreneurs - including prodigy, rebel, hustler, and innovator - but all can benefit from basing their business in a shared workspace.įirst and foremost, doing so can help save hard-earned capital for more important expenses (such as perfecting your product or service). There, they can work, network, socialize, brainstorm with others, and enjoy the perks of an office environment without the expense of building and maintaining their own. That’s why many freelancers and digital nomads use a shared workspace as their office.

Working on the couch or at the kitchen table, in a hostel room, or in a busy cafe can be isolating, uninspiring, distracting, and difficult. Thus, they all operate in a shared workspace with many other businesses. This lies in contrast to a shared workspace managed by a third-party company (such as Bond Collective) in which Intel, the architectural firm, the advertising agency, the consulting group, and others rent offices or desks and work together in the same space.

#Shared workspace professional

Intel receives income on an unused asset, while the other business gains access to a professional office environment they might not otherwise be able to afford. Thus, they share an office with another business. Intel might sublease the other one-fourth to an architectural firm or an advertising agency or a consulting group. So, for example, imagine that Intel leases a large office space but, for whatever reason, only uses three-fourths of that space. Office sharing is an arrangement wherein a company that owns or manages a large space rents redundant offices to a smaller company. On the surface, these two terms may seem synonymous, but they’re actually very different concepts. Another common name you might hear in connection with shared workspace is office sharing.