What is a shared office space?

The practice of having two or more businesses share a commercially leased office is known as shared office space. The term can be used to describe a managed coworking office or a serviced office, but it is more commonly used when a tenant of a privately leased office rents out the space they don't use to another business. By sharing the costs of rent, bills, and other overhead, both parties gain. The two parties who intend to share an office space determine the rental terms and inclusions. In most cases, the host will furnish the space completely and provide the incoming business with everything they might require, including printers, internet, phone lines, and furniture.

Benefits of shared offices

With a business that works well together, you can explore prospects, work together on initiatives, and share lessons learned to advance your careers. Shared office space in UAE has been found to increase employee engagement by fostering an engaging, dynamic work environment.

There are a lot of operational advantages as well. You are relieved of the lengthy commitment and high expenditures related to renting a commercial office while gaining immediate access to office space and everything that comes with it. Instead of paying for the entire floor plan, you only pay for the square metres you actually use, and the majority of leases are quite flexible so you can rent space on a monthly basis.

What to consider when looking for shared space?

If a shared office space is one of your possible workspace options, there are several factors to bear in mind. Think about the communal setting first. Even though shared desks can drastically cut costs, if teamwork is crucial to your productivity, choose a shared area with dedicated desk spaces for you and any new team members.

Location is crucial, too. Last but not least, think about if shared services like conference room access or equipped offices are appealing to you. Make certain that the design of any shared office space in UAE you select supports the type of working atmosphere that will grow your company.

Find shared workplaces in UAE

Office Hub is the leading provider of shared office spaces, primarily in Hanoi. It provides shared meeting rooms, collaborative workspaces, a variety of offices with high-speed internet access, and more. You can take advantage of Office Hub's shared workspaces wherever you are in UAE because they have made shared workspaces available throughout the country.

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