Shared Office Space vs. Coworking Space: Which One Is Right for You?

Shared Office Space vs. Coworking Space: Which One Is Right for You?

Employees in an open shared office space

In today’s digital economy and the modern working world, traditional 9-5 offices are becoming less relied upon by companies of all shapes and sizes. As alternatives, many professionals are turning to shared office space and coworking space to get tasks done and connect with like-minded colleagues. Yet there is still some confusion as to what the difference is between these two alternatives and why one might be better for certain jobs and work styles.

In this article, we’re taking a closer look at what shared office space and coworking space options have to offer and the advantages and disadvantages of each one. With a better understanding of what you’ll be getting into with both of these work space options, you can make the right decisions for your career and future!

What Is Shared Office Space?

Shared office spaces are great for many types of businesses because they keep commercial real estate costs down and eliminate the need for expenses like space build-outs and extra staffing. Many spared office spaces come with their own receptionists to answer phone calls and have their own technology teams to handle tech setup and troubleshooting. You may encounter other workers and companies renting out space in this environment, but shared office spaces allow for a great deal of privacy as well.

What is Coworking Space?

Coworking spaces are sometimes referred to as a “no frills” version of shared office spaces and have been gaining a lot of popularity among millennial workers. According to coworking space statistics, there are at least 15,500 coworking spaces in operation around the world, accommodating approximately 1.27 million people who use them. These types of work spaces are often lively and energized, but that also means that they can be noisy and distracting when you need to hunker down and get work done. Here you’ll typically find many people sharing an open collaborative space with a few private rooms and offices available for use for an extra fee.

Benefits of Shared Office Space

The benefits of shared office space are plentiful and extend far beyond the financial savings. Shared office spaces can offer all of the amenities and services of a traditional office to meet your needs and the expectations of your clients. These are great places to be if you need access to reliable high-speed Wi-Fi, fax machines, copy machines, and high-tech audio-visual equipment. They also have a very polished and professional appearance, thanks to top-of-the-line office furniture and décor that will impress anyone who walks through your door.

What’s also great about shared office space is that you won’t have to hire your own secretary or technical advisor to handle common and time-consuming tasks for you. You won’t be locking yourself into a traditional lease that keeps you on the hook for a year or longer, and you can plan for your financial future by knowing what your rent will be from month to month.

Disadvantages of Shared Office Space

However, some workers don’t thrive in a shared office space because they are in a stage of their business that requires more social networking and collaboration. Although shared office space is offered on flexible terms, you still need to make a commitment for about three months or more to make the most of it.

There is also a cost involved in renting shared office space that you wouldn’t have if you simply worked from home, but the benefits of shared office space usually outweigh this concern.

Benefits of Coworking Space

Coworking spaces are ideal for brainstorming meetings, networking encounters, and collaborative projects. They are work spaces that are full of life and energy, which could be just what you need to launch a new idea or find a new client or partner.

Coworking spaces are social places with community break rooms, long conference tables, and a community of entrepreneurial peers. These places can help you get your name “out there” if you’re trying to grow your business and if you make the right social connections. They also typically offer access to office equipment, high-speed Wi-Fi, technical support services, and other business services. Some coworking spaces allow you to pay by the hour, which is nice if you only need access to space on a very occasional basis.

Disadvantages of Coworking Space

While coworking spaces are great for some reasons, they fall short for many others. It can be very difficult to get work done or maintain a steady level of concentration in a coworking space environment. Most coworking spaces require some form of membership, and that cost can be prohibitive for new start-up companies and freelancers. Oftentimes, the internet at coworking spaces isn’t as fast as advertised because of the number of people using it at the same time, and you could be paying for a wide range of services that you never even take advantage of here.

Deciding on an Office Space: Making the Right Choice for Your Work Style

Both shared office space and coworking spaces are great alternatives to costly real estate leases and long-term commitments that you simply aren’t ready to make yet. They are also both good alternatives to working at home, where distractions are numerous and a sense of professionalism is lacking. So ultimately, the decision between a shared office space and a coworking space is a highly personal one that depends upon the industry you’re in, the type of work you do, and your own personality as it relates to productivity.

Early-stage start-ups and extroverted networking enthusiasts may gravitate towards coworking spaces because of the hype this rebranded industry has created around itself. But in actuality, shared office spaces offer many of those same advantages too with an added dose of professionalism, service, and flexibility. At NYC Office Suites, we offer ready-to-use Manhattan offices that are fully-furnished, expertly equipped, and that comes with contract terms of as little as three months.

It’s a common misconception that coworking spaces are the only social way to work in a nontraditional environment, but we offer business community events, coworking areas within shared offices, multi-person offices, and team/project offices for all of your collative group endeavors. We even offer health club memberships to help you stay fit and healthy while you work in one of our spaces.

And when confidentiality is required and private space is preferred, shared office design configurations can offer executive offices and private meeting rooms to accommodate clients, interviews, and internal reviews. This is ideal if you’re trying to establish a professional appearance and attract new business with your unique skillset. With key features like plug-and-play telecommunication systems, a client portal and app, high-speed internet, and hassle-free management, you’ll enjoy more time to pursue your passion when you secure a temporary office space with NYC Office Suites.

If all of this sounds like exactly what you need to do your job well and take your business to the next level, contact us today at 800-346-3968 or send us a message to learn more about the various shared office space configurations we offer and pricing details based upon your specific needs.

 

5 Ways to Deal with Your Coworkers

Woman frustrated by annoying coworker

If you ask many people what the best parts of their jobs are, you’ll often hear about wonderful coworkers that make even the most tedious tasks more bearable and even enjoyable. But not all coworkers are this uplifting, and dealing with coworkers can actually be downright unpleasant!

In an age of changing office structures with more coworking spaces and open floor plan designs, sharing office space with coworkers can easily distract you and reduce your productivity. Whether you’re faced with a loud-talker, an over-sharer, a gossiper, a bully, or a coworker with seriously strange eating habits, here are five ways for dealing with annoying coworkers at work.

1. Designate a Quiet Zone

In the modern office, there’s an ideal place for meetings, for socialization, and for quiet time. If your office doesn’t have a designated quiet zone, then perhaps it’s time for you to create one. Pick an area of the office that can be closed off from noisy hallways and that’s as far away from communal spaces as possible. Then add some friendly signs to remind your coworkers where the quiet zone boundaries lie and some lighthearted rules to abide by.

2. Address the Situation Privately

If your coworker issue is with just one person, then perhaps a simple and honest conversation can make your work life much more livable. After evaluating your own sensitivities and your coworker’s behavior, make time to meet one-on-one to discuss what’s bothering you. Your coworker may have no idea that certain actions are even bothersome, so it’s best to get everything out into the open so that it can be resolved before becoming a major issue.

3. Lead by Positive Example

There’s no such thing as the perfect coworker, and chances are that some of your coworkers have a few unspoken complaints about you as well. If loud, rude, and annoying behavior is common in your workplace, you may want to start a group conversation by asking what you can personally do to create a more positive environment. You can also suggest things like stepping into a conference room during loud discussions to avoid disturbing nearby employees as a solution to how to deal with difficult coworkers and to lead by example.

4. Invest in Amazing Headphones

No modern office space is complete without a good pair of noise-cancelling headphones for dealing with loud coworkers and rude situations that are beyond your control. This is a great solution for noise issues that are minor or only occasional. Some soothing instrumental music may be just what you need to block out annoying sounds around you in the office.

5. Rent Private Office Space

If all else fails, then perhaps it’s time for you to move out and find a work space where you can be productive and happy! NYC Office Suites offers short-term and temporary office space solutions in vibrant Midtown Manhattan that have everything you need to get started. With multiple sublease configurations available, you can secure your very own executive office or flexible workspace with competitive rates. This may sound like a drastic measure, but temporary office space terms are flexible and can be ideal for your schedule, budget, and goals.

Thanks to plug-and-play internet and telecommunications, readily accessible office supplies, and hassle-free management, you won’t even have to cope with downtime as you switch up your office setting. Don’t let distracting coworkers get in the way of what you can accomplish in your career. Contact us today to see if a temporary office space is right for you and to get set up with your very own workspace in New York City.

 

Do You Need to Rent Office Space as a Freelancer?

Frustrated freelancer working in coffee shop

Freelance working has become a very attractive option for many people who enjoy working for themselves, who can juggle multiple projects at once, and who have marketable skills that are attractive to employers. However, every freelance arrangement is unique, and many new freelancers have concerns about how to set up a home office, how to receive payments, how to stay motivated, and how to establish a professional image to attract new business.

This article will address common questions about what a freelancer is, the types of industries that freelancers work in, and why freelance office space is beneficial. We’ll also compare the pros and cons of renting office space versus opting for coworking spaces in the freelance economy.

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Effectively Using Temporary Office Space as Your Flexible Workplace

Business professionals utilizing temporary office space

Office workers come to rely upon consistency and regularity in the workplace to stay organized, productive, and on-schedule. But there are a lot of things out of employees’ control that can disrupt this familiar environment and throw everyone for a loop.

From planned construction projects to technical problems in the office and even dangerous electrical issues, it is very possible that your regular office space may become unusable for a short or extended period of time. When this situation occurs, it’s a smart idea to move into a temporary work space to avoid disrupting the flow of work. Here are some tips for utilizing a temporary office space in the event that your workplace cannot accommodate your team during repairs or an emergency.

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Affordable Expansion Solutions with Meeting Space NYC

Female executive leading a meeting in temporary office space

Suddenly feeling a little cramped in your office isn’t necessarily a bad thing. After all, it means your company is growing!

But with that growth comes a fair number of challenges, especially for businesses whose spending budgets haven’t grown quite so quickly. Here is some helpful information for companies that could benefit from renting meeting space NYC to expand their offices and their professional capabilities.

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5 Key Advantages of an Open Floor Plan Office

Employees working collaboratively in an open floor plan office

Not long ago, office environments featured rows of cubicles designed to help employees focus on the tasks at hand without distractions. But times have changed, and an enduring office trend continues to be the open plan office. The drastic shift from personal space to shared space has been debated extensively over the past few years, but there are still some striking benefits that result an open floor plan that companies can’t afford to ignore.

Here are five important advantages of the open floor plan that may make you reconsider your current office configuration.

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How to Pick the Perfect Restaurant for a Client Lunch

Two men having a discussion during a business lunch

Whether you have a full-time office in Manhattan or are renting out temporary office space, client lunches are a common part of business. In the business world, lunch is much more than just a mid-day meal. This is an opportunity for closing business deals, networking, team-building, and one-on-one time to discuss important matters outside the office.

The restaurant you choose sets the stage for how a client lunch will go, so it’s important to pick one that suits the situation and your budget. Here are some tips about how to choose a great restaurant for your next client lunch, as well as some recommended lunch spots to try in Midtown Manhattan.

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How to Manage Stress in a Constantly Changing Work Environment

young business woman overwhelmed at work

Regardless of what industry you’re in or what type of job you have, stress is unfortunately very common in the workplace. This is true whether you have office space Manhattan, work from home, or arrange for temporary work space when you travel.

However, managing stress can become even more difficult if you don’t have consistency in your day-to-day routine. Individuals who use different workspaces or spend a lot of time traveling for work may find themselves more stressed out on a regular basis.

Here are some stress-busting strategies for finding peace in spite of a changing work environment. It is especially important to reduce your stress levels while traveling in the hot summer months to prevent serious health risks.

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Streamline and Improve Your Company’s Efficiency

NYC Office Suites can set your company up with furnished, equipped, and staffed Manhattan offices with all the amenities and services you need in vibrant Midtown, New York.

Efficiency is quickly becoming a top priority for international companies and multi-city companies all around the world. Not only is efficiency important for day-to-day operations, but also to manage debt, equity, and overhead costs. By adopting a variety of strategic measures, such as choosing to rent office space NYC, companies can streamline their processes and coordinate across multiple locations.

Here are some ways that international and multi-city companies can improve their efficiency in terms of capital and fixed costs.

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