As your small business grows, there will come a time where you will outgrow your home office and need to start looking at commercial real estate spaces to locate your business. Rather than committing to a long-term lease and the associated costs that go with renting your own office, you should seriously consider leasing a shared office space in Toronto.
Utilizing a shared office space in Toronto is the latest trend in small business office leasing. Most small business owners have flexible schedules and are not in their office all day, often leaving their spaces empty for extended periods of time. With a traditional office lease, you are paying for the space when and how you are using it. With shared office rentals, you gain the efficiency of sharing resources and amenities with other companies while still maintaining privacy and security for your operation.
As a result, you are able to have affordable access to a modern office that fits your current business needs, but without the hassles that go with leasing a traditional office. Your shared office rental includes all of your utilities, janitorial services, internet access, network printer access, and other services and amenities which you can customize to fit your exact requirements. In addition, you avoid the cost and headache of purchasing furniture and equipment, setting up technology and business infrastructure, etc.
Additionally, all janitorial services are included with a shared office rental, as well as access to the latest technologies. Instead of having to spend money to set up a traditional office space, you can continue to reinvest the capital back into the business to grow it even more. There are a wide variety of different shared office rental options to choose from, depending on your needs.
If you are looking to network and meet other small business owners, a coworking space is the perfect place to meet them. It also provides an ideal environment for open collaboration and meeting new people. Who knows, you could even develop a sales agreement with another small business owner, to further benefit and aid in the growth of both of your businesses.
In addition, a coworking or shared office space gives you access to a central business location in downtown Toronto, with a high quality workspace. Everything you require to run your office is at your disposal. Access to private meeting rooms and event spaces are available on demand.
Coworking spaces are just one type of shared office rental. As your business continues to grow and expand and you outgrow a coworking environment, there are dedicated desks and private office rentals available. To learn more about your different options for shared office rentals in Toronto, please feel free to contact iQ Office Suites today at 413-238-1111 to speak to a representative or to schedule a tour of one of our downtown locations.