shared office space

Shared office space: Is it a good choice for your new business?

Whether you have been in business for years or are just starting, the type of space you decide to work in will always be a decisive factor in the success of your business. In recent years, a shared office has become a good option. However, it is not the best option for all businesses.

In this article, we will talk about what a shared office is, the things to consider before leasing one, its pros and cons, and the types of businesses for which it is most beneficial. If you do not choose the space for your office correctly, work can become boring and uncomfortable.

  1. What is a shared office in the UAE?
  2. Who usually rents shared offices?
  3. What are the pros and cons of working in a shared office space?
  4. Which things should you consider before choosing a shared office?
  5. How can our agency help you choose the best shared office space for you?

1. What is a shared office in the UAE?

A shared office is a workspace in which two or more businesses work together. The idea of ​​working together is to reduce rent and utility costs. Typically, a tenant rents a space that they are not using to one or more businesses, creating a shared office space.

A shared space emerged as an alternative for businesses looking for their own office. Having your own office can be very advantageous because you have autonomy over the space and you make all the decisions. However, renting your own office is a long-term commitment and is expensive if the space is not initially equipped.

A shared office in the UAE comes fully equipped. The offices are already equipped with all the basic furniture and utilities, such as modern and comfortable sofas and chairs, Internet services, and a kitchen.

Although you can obtain these services by leasing your own office, a shared space has the advantage that the costs associated with these utilities are reduced by sharing them among several people. In addition to reducing costs, a shared office also seeks to create collaborative projects between two or more businesses.

A shared office rent in the UAE will depend on several factors, such as the size of the space, the requested amenities, and the number of people who share the space. At Connect Business Center, we offer the best shared office space in the UAE, with flexible rents.

2. Who usually rents shared offices?

If you want to hire a shared workspace in the UAE, you should know if the type of public these spaces is aimed at suits you. Usually, a shared workspace in Dubai is hired by the following people:

2.1 Businesses

Consolidated businesses, with a certain level of growth, are the ones that most often hire a shared place in the UAE. Small businesses also hire shared workplaces in the UAE, but it is more common for them to hire co-working spaces.

Shared offices are common among large businesses because they do not have to feel committed to renting for several years, and at the same time, they have the budget to hire more sophisticated services.

If you have in mind hiring the best shared workspace in the UAE, contact Connect Business Center.

2.2 Freelancers looking to network

A shared workspace in Dubai is also an ideal space for freelancers. In this space, they can feel less alone and meet people with the same work ideals, in a professional space.

3. What are the pros and cons of working in a shared office space?

If you want to know if a shared office is an ideal space for your business, you should find out about the pros and cons it offers. Remember that there is no single answer to the question of whether or not a shared location is beneficial.

Let us start with the pros:

3.1 Professional appearance

First of all, a shared office gives your business a professional appearance. Nowadays, it is very common for businesses to work remotely, but this does not give your business the best image if you have to constantly meet with clients.

A shared workspace in Dubai can be your professional space to meet clients or conduct interviews. If you don’t meet with clients very often, you can always request a meeting room and receive clients in it instead of in the office.  

3.2 Interaction with other people

One of the drawbacks of working remotely is that when creativity runs out, it is very difficult to focus on work.

When that moment comes when you have no idea how to continue, it is very easy to take a break with the family, watch television, video games or take a nap. When you realize, the break went from being a break to being a prolonged distraction. 

In a shared office, you can take a break by talking to the other people in the office. At the same time, this break is not a distraction because you can also use that interaction to brainstorm and come up with new ideas.

At Connect Business Center, we offer the best shared office space in Dubai. We have the best factors in terms of infrastructure, environment, design, lighting, and music to keep you focused but relaxed doing the job.

We also offer the best shared workspace in Dubai because we offer educational talks for businesses, with whom they can network and socialize.

3.3 Flexibility

Flexibility is one of the fundamental advantages of a shared office. This is because a shared office rent is not multi-year, but rather the lease is for a maximum of one year. This allows you to organize the lease according to your budget. If after one year of leasing your budget is not enough to maintain the rent, you do not have to worry because one year is the maximum leasing period.

A shared place is also flexible since it has other payment packages that you can choose from. For example, it can be month-to-month. It is also not necessary to make an initial deposit, which is an advantage in comparison to other spaces.

Make sure that the space you decide on has more than one type of payment plan. At Connect Business Center, we have a variety of plans and payment methods.

3.4 You can save on your budget

In addition to the fact that a shared office rent is flexible and economical, the services and utilities are also economical compared to renting your own office. This is especially important for start-ups, where the initial cost is always high.

In a shared office space, the office is already equipped with the necessary furniture. Services are also included in the rent. At Connect Business Center, we offer the best shared locations in Dubai, with access to extra amenities such as gyms, private bathrooms, and spas.

Now, we are going to talk about the possible cons that you can face when you work in a shared office:

3.5 Distractions

If you are looking for a quiet space to work, a shared office may not be the best option. A shared location always has a large flow of people.

Usually, these people are working, just like you. But, if everyone is working on something different or if you see someone who has stopped working for a while, it’s easy to get distracted.

The best shared office spaces in the UAE have a work structure in which they avoid distractions. For example, they can have specific hours to share and thus respect work hours.

3.6 It may not be adjustable to the growth of your business

A shared office is ideal for small businesses that do not have many employees. In general, there are no more than ten people in the same space. If your future projection is for your business to remain a small business, with few employees, a shared office will be an ideal space for you.

However, if your business expands in the future and you need more employees, a shared space may no longer be ideal. Although the shared office rent will continue to be economical, the services will be more expensive because, with more employees, you will need more sophisticated services.

3.7 Different workspace cultures

Workplace culture is the set of traditions, values, and attitudes of your business that make it unique. The problem with a shared workspace in Dubai is that, since several businesses are working together, each one can have different work cultures.

If you want to make sure that different work cultures will not be a problem, check with the business center before accepting the contract. However, two incompatible work cultures can make work very uncomfortable and decrease productivity.

Note that none of these cons mean that a shared office is a bad space. This can only mean that the space is not ideal for you due to the needs of your business. At Connect Business Center, we take into account everything these pros and cons mean for your business.

If you are an entrepreneur or a freelancer, a co-working space may be more ideal for you than a shared office.

4. Which things should you consider before choosing a shared office?

If you want to choose the best shared workspace in Dubai, there are several factors that you must take into account. The main factor is to take into account the needs of your business, your employees, and your clients so that the shared office is a comfortable space for everyone.

4.1 Location

The location of your business is one of the most important factors when renting a shared workspace in the UAE. To choose the right location for your shared office, take into account the opinions of your clients. Take into account if the office would be close to them and if it is in a place where there is parking, cafes, and other locals nearby.

The shared office space rent in the UAE will depend on the location you choose. If you are interested in having a constant flow of clients, look for a central and busy location. If you are not looking to meet clients, you can locate yourself in one of the most sophisticated areas of Dubai.

4.2 Tenants

It is important that you have information about the other businesses that will work with you. As we mentioned before, you must know about their work culture.

When renting a shared office, you should work together with businesses that are complementary to yours and that are at the same point of growth. Try to avoid businesses that may be a competition or that are much larger than your business.

4.3 Contract

If you want to make sure that you are leasing the best office space for your business, hire a lawyer to read the contract. A lawyer can be an extra expense, but it is necessary if your business has particular needs and demands that you want to be met.

5. How can our agency help you choose the best shared office space for you?

One of the most difficult decisions to make when you have a business is the space in which you are going to work. When you have a new business or a company with few employees, a shared office can be a very good option. However, finding the best shared office space can be difficult and there are several factors to consider.

Connect Business Center can help you find the best location in the UAE for your business. Among our services, we offer shared offices, co-working spaces, and even virtual offices.

Would you like to know more about how to find the office space that better suits your business? Contact us. We are open to inquiries about the services we offer if you call us at +971 43 316 688. You also can email us at info@connectbusinesscenter.com if you need more advice on whether a shared office is the best option for your business.  

If you are a talented professional looking for a job, contact thetalentpoint.com. Send your CV to contact@thetalentpoint.com and it will not be stored. Finding a job in which you stand out and enjoy does not have to be difficult if you do it with us.

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