Finding affordable office space near Boston can be a challenge, especially for startups and new businesses with limited budgets to spend on overhead. Though Boston is a great place location-wise for new organizations to get a start, the office space market can make it difficult for startups to establish a home base that suits all their needs and meets their budget requirements.
In recent years, shared office space has been steadily gaining popularity as an alternative to leasing office space or having all employees work remotely. Lots of startups and even established businesses are taking advantage of available shared workspaces – and for good reason!
There are dozens of benefits to shared office space. Here are a few of the major benefits that businesses can enjoy when they choose to utilize shared office space near Boston MA.
Advantages of Shared Office Space in the Boston Area
If you’re weighing your options when it comes to office space and a shared workspace is one of the possibilities on the table, here are some things to consider:
1. Shared Office Space is Affordable
If you’re looking for affordable office space options, collaborative workspaces are a great option to consider. By sharing overhead costs with other businesses and individuals and taking advantage of IT infrastructure that’s already in place, you can decrease your expenses and streamline your office space setup.
In locations, like Boston MA, where office space is competitive and expensive, shared office spaces are an especially good option if you’re looking for office rentals on a tight budget.
2. Shared Workspaces Encourage Collaboration
Coworking spaces enable you to work in the midst of other professionals, both from your own organization and from other businesses who are taking advantage of the same space. This provides unlimited opportunities for collaboration and innovation! From bouncing ideas off one another to establishing connections and partnerships with other local organizations, you’ll find that shared office spaces are uniquely well suited for encouraging collaboration, fostering business connections and inspiring new ideas you may not have thought of otherwise.
3. Coworking Spaces Provide Networking Opportunities
Because shared office spaces often welcome professionals from different organizations, they tend to provide great opportunities for networking. This is especially valuable if your business is new to the area or just getting off the ground, but it’s also helpful for established companies and professionals looking to make new connections.
4. Collaborative Office Spaces Are Flexible
If you’re not sure you want to be locked into a yearly lease or you’re a startup that’s unsure of how your business will grow and evolve in the coming months, you’re probably looking for flexibility in an office space rental. While that can be tough to find with traditional office space, flexibility is another great aspect of collaborative office spaces.
Coworking spaces often offer a variety of options when it comes to memberships and leases. Be sure to ask this question up front as you are exploring your options.
5. Shared Office Spaces Offer Shared Resources
As a small business or startup with a limited budget, you may feel stretched thin trying to get your company off the ground. You’ll likely need to choose the resources and tools you invest in carefully, as you probably won’t be able to afford everything you want.
Coworking spaces in Boston and other big cities often provide the opportunity to share tools, resources, programs and infrastructure with others. This means you will have to cooperate with others when it comes to usage, but it also means you can share the costs. As a result, you may be able to gain access to a larger variety of tools and resources for your business through coworking.
Looking for Shared Office Space Near Boston? Check Out The Lakeside Park!
If you’re in the market for shared office space near Boston, be sure to check out the Lakeside Park in Wakefield MA. Just minutes from downtown Boston, we offer flexible office rentals for businesses of all sizes in all industries.
Whether you’re looking for temporary office space available for short term rental, furnished executive suites, a fully customizable office rental for your business, or a place to set up a coworking space, we can help. We’re proud to offer a variety of affordable office space options in the Boston area.
Want to come see our available spaces for yourself? Schedule your FREE tour today!
Other Helpful Resources Related to Finding Shared Office Space Near Boston:
Curious about other small businesses in the Boston area? Check out some awesome unique small businesses that are making it work in Boston here.
On the hunt for cheap office space near Boston? Read through our helpful tips for finding affordable office space in Boston
Not sure what kind of office space is best for your business? Take this quiz to find out what type of workspace is right for your organization.