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      Shared Office Center

      ExpertHub Staff by ExpertHub Staff
      Nov 25, 2009
      in Business Services
      8
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      Business At A Glance

      Shared Office Center
      Startup Costs: $10,000 – $50,000
      Online Operation? No

      Business Overview

      Shared office facilities are very popular, and the demand for low-cost shared office rentals continues to increase right across North America. As an alternative to working from home many small companies are utilizing shared office space as a way to keep monthly overheads manageable, and shared office centers usually consist of 20 to 30 small individual offices housed within one location. A shared office center can be started on a reasonable investment of about $25,000 and can return very good profits. Additional revenue can be generated from providing your tenants with a wide range of ‘extra services,’ such as reception and secretarial services, high-speed photocopying, parcel shipping and receiving, and boardroom facilities. The individual offices can be rented furnished or unfurnished’providing this option to tenants is also an excellent way to increase your business income with furniture and equipment rentals.

      ExpertHub Staff

      ExpertHub Staff

      ExpertHub’s award-winning team of Staff Writers deliver unique, insightful and curated content from successful business leaders, authors and subject matter experts. This highly-experienced team understands the information that business readers are looking for, what’s unique and impactful, and how to distil key ideas into actionable insights.

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