--- title: "A Shared Office Space for Business: The Top Pros and Cons" description: For anyone in the market for a new business location, have you considered a shared office space? If not, here are some pros and cons to help decide if it's the right choice for you. image: https://blog.sdnyrealty.com/hubfs/Blog_Images/Shared%20Office%20Space.jpg --- - [Pay Rent](https://sdnyrealty.com/pay-rent/) - [Forms](https://sdnyrealty.com/forms/) -   [![S&D Commercial Real Estate Agency](https://blog.sdnyrealty.com/hs-fs/hubfs/S__D_Real_Estate_January2019/images/sd-original-logo_300px.png?width=300&height=194&name=sd-original-logo_300px.png "S&D Commercial Real Estate Agency")](https://sdnyrealty.com/) - [About](https://sdnyrealty.com/long-island-commercial-real-estate-firm/) - [Agents](https://sdnyrealty.com/long-island-real-estate-agents/) - [Listings](https://sdnyrealty.com/property-listings/) - [Property Management](https://sdnyrealty.com/property-management-company/) - [Resources](https://sdnyrealty.com/real-estate-resources/) - [Neighborhood Guide](https://sdnyrealty.com/neighborhood-guide/) - [Long Island](https://sdnyrealty.com/long-island-commercial-real-estate/) - [Nassau County](https://sdnyrealty.com/nassau-county-commercial-real-estate/) - [Bethpage](https://sdnyrealty.com/bethpage-commercial-real-estate/) - [Farmingdale](https://sdnyrealty.com/farmingdale-commercial-real-estate/) - [Franklin Square](https://sdnyrealty.com/franklin-square-commercial-real-estate/) - [Garden City](https://sdnyrealty.com/garden-city-commercial-real-estate/) - [Glen Cove](https://sdnyrealty.com/glen-cove-commercial-real-estate/) - [Hempstead](https://sdnyrealty.com/hempstead-commercial-real-estate/) - [Hicksville](https://sdnyrealty.com/hicksville-commercial-real-estate/) - [Long Beach](https://sdnyrealty.com/long-beach-commercial-real-estate/) - [Mineola](https://sdnyrealty.com/mineola-commercial-real-estate/) - [Rockville Centre](https://sdnyrealty.com/rockville-centre-commercial-real-estate/) - [Suffolk County](https://sdnyrealty.com/suffolk-county-commercial-real-estate/) - [Babylon](https://sdnyrealty.com/suffolk-county-commercial-real-estate/babylon-commercial-real-estate/) - [Brookhaven](https://sdnyrealty.com/brookhaven-commercial-real-estate/) - [Hauppauge](https://sdnyrealty.com/hauppauge-commercial-real-estate/) - [Huntington](https://sdnyrealty.com/huntington-commercial-real-estate/) - [Islip](https://sdnyrealty.com/islip-commercial-real-estate/) - [Melville](https://sdnyrealty.com/melville-commercial-real-estate/) - [Riverhead](https://sdnyrealty.com/riverhead-commercial-real-estate/) - [Smithtown](https://sdnyrealty.com/smithtown-commercial-real-estate/) - [Southampton](https://sdnyrealty.com/southampton-commercial-real-estate/) - [Consulting Services](https://sdnyrealty.com/consulting-services/) - [Property Appraisal Services](https://sdnyrealty.com/property-appraisal/) - [Zoning Regulations](https://sdnyrealty.com/zoning-regulations/) - [Forms](https://sdnyrealty.com/forms/) - [Veterans & Military Housing](https://sdnyrealty.com/veterans-military-housing/) - [Join our Program](https://sdnyrealty.com/veterans-military-housing/#apply-now) - [Forms & Applications](https://sdnyrealty.com/forms/) - [Pay Rent](https://sdnyrealty.com/pay-rent/) - [Blog](https://blog.sdnyrealty.com/blog) - [Contact](https://sdnyrealty.com/contact/) # A Shared Office Space for Business: The Top Pros and Cons - September 12, 2018 - [commercial property](https://blog.sdnyrealty.com/blog/topic/commercial-property), [office space](https://blog.sdnyrealty.com/blog/topic/office-space), [commercial real estate trends](https://blog.sdnyrealty.com/blog/topic/commercial-real-estate-trends) - 1 ![A Shared Office Space for Business: The Top Pros and Cons](https://blog.sdnyrealty.com/hubfs/Blog_Images/Shared%20Office%20Space.jpg) [Recently](https://www.forbes.com/sites/larryalton/2017/05/09/why-more-millennials-are-flocking-to-shared-office-spaces/#6114088d69e8), co-working has become a [popular trend](https://blog.sdnyrealty.com/blog/all-the-latest-commercial-real-estate-trends) for small businesses throughout the world, especially in America. Essentially, instead of working from home or taking up an entire office, companies rent a dedicated workspace among other entrepreneurs and professionals. However, they aren’t for everyone. To better understand this new-age arrangement, we’ve compiled a handy list of the top pros and cons of renting a shared office space. ## The Advantages of Using a Shared Office Space ### Business on a Budget Perhaps the primary reason why companies choose shared office spaces is affordability. Depending on the size of your operation, they will generally only cost a few hundred dollars a month. Besides, in this sort of co-working arrangement, the [landlord](https://blog.sdnyrealty.com/blog/becoming-a-landlord) or [property managers](https://blog.sdnyrealty.com/blog/property-management) will take care of maintenance, upkeep and repairs. This way, you can stay focused on what really matters for your business. ![Shared Office Space](https://blog.sdnyrealty.com/hs-fs/hubfs/Blog_Images/Shared%20Office%20Space1.jpg?width=320&name=Shared%20Office%20Space1.jpg) ### Superior Amenities Most of the time, when you rent a shared office space, you will be able to enjoy a bevy of perks and amenities. The majority of basic packages will include internet connectivity, phone service, mail, package handling and conference room space. However, there are other locations that also provide printers, copiers, coffee, tea and much more. Luckily, you will no longer have to spend on these amenities anymore—they’re all included. ### Networking Opportunities When you occupy a co-working space, you will soon learn that your “coworkers” can also prove to be a [great source for prospects or referrals](https://www.entrepreneur.com/article/299300). It isn’t uncommon for companies to drum up new business, be introduced to partners or find future employees in these spaces either. ![Shared Office Space](https://blog.sdnyrealty.com/hs-fs/hubfs/Blog_Images/Shared%20Office%20Space2.jpg?width=320&name=Shared%20Office%20Space2.jpg) Furthermore, when you see and work near people every day, you can connect and exchange ideas with them. After all, it always helps to receive constructive feedback from a range of professionals across different industries. ## The Disadvantages of Using a Shared Office Space ### Easy Distraction In a co-working space, there’s usually a lot going on around you. Things can be loud and, with so many other businesses operating in one area, you never know when interruptions may arise. You can always use headphones, but sometimes it can become a bit too much and you might decide you’d be better off in a different environment. ![Shared Office Space](https://blog.sdnyrealty.com/hs-fs/hubfs/Blog_Images/Shared%20Office%20Space3.jpg?width=320&name=Shared%20Office%20Space3.jpg) ### Privacy Concerns If your job requires constant phone calls or meetings, then perhaps a workplace with little to no privacy isn’t the best idea for you. Since thin walls and [open floor plans](https://blog.sdnyrealty.com/blog/open-floor-plan) mean that many people will be within earshot, you need to decide if it’s worth being overheard all the time. These pros and cons should give you enough of an idea to decide whether or not a shared office space is in your company’s future. --- [![Join The Commercial Courier](https://no-cache.hubspot.com/cta/default/432922/d68af3fc-de89-4dd0-bc71-e7dba2bb02f5.png)](https://cta-redirect.hubspot.com/cta/redirect/432922/d68af3fc-de89-4dd0-bc71-e7dba2bb02f5) ### Tags: - [commercial property](https://blog.sdnyrealty.com/blog/topic/commercial-property) - [office space](https://blog.sdnyrealty.com/blog/topic/office-space) - [commercial real estate trends](https://blog.sdnyrealty.com/blog/topic/commercial-real-estate-trends) ### [Previous post](https://blog.sdnyrealty.com/blog/how-to-paint) #### [How to Paint your Home or Apartment: A Beginner’s Guide](https://blog.sdnyrealty.com/blog/how-to-paint) ### [Next post](https://blog.sdnyrealty.com/blog/tenants-rights) #### [How Tenants’ Rights Ensure that Renters are Always Protected](https://blog.sdnyrealty.com/blog/tenants-rights) ### Related posts [![Green Technology to Reduce Energy Consumption in the Office](https://blog.sdnyrealty.com/hs-fs/hubfs/Blog_Images/Green%20Technology.jpg?width=768&name=Green%20Technology.jpg)](https://blog.sdnyrealty.com/blog/green-technology) - March 14, 2018 - [office](https://blog.sdnyrealty.com/blog/topic/office), [commercial property](https://blog.sdnyrealty.com/blog/topic/commercial-property), [green building](https://blog.sdnyrealty.com/blog/topic/green-building) ### Green Technology to Reduce Energy Consumption in the Office Now more than ever, there is a focus on “going green” in the corporate world. Companies across the nation are paying close attention to their energy... [Continue reading](https://blog.sdnyrealty.com/blog/green-technology) [![How the Modern Office is Changing the Way We Work](https://blog.sdnyrealty.com/hs-fs/hubfs/Blog_Images/Modern%20Office.jpg?width=768&name=Modern%20Office.jpg)](https://blog.sdnyrealty.com/blog/modern-office) - February 07, 2018 - [office](https://blog.sdnyrealty.com/blog/topic/office), [office space](https://blog.sdnyrealty.com/blog/topic/office-space), [office design](https://blog.sdnyrealty.com/blog/topic/office-design), [commercial space](https://blog.sdnyrealty.com/blog/topic/commercial-space) ### How the Modern Office is Changing the Way We Work While some business owners may overlook office design, there are significant benefits that can come from a well-designed, optimized workplace. That’s... [Continue reading](https://blog.sdnyrealty.com/blog/modern-office) [![How to Find the Right Real Estate Deal for your Business](https://blog.sdnyrealty.com/hs-fs/hubfs/Blog_Images/Real%20Estate%20Deal.jpg?width=768&name=Real%20Estate%20Deal.jpg)](https://blog.sdnyrealty.com/blog/real-estate-deal) - January 10, 2018 - [Buying](https://blog.sdnyrealty.com/blog/topic/buying), [small business](https://blog.sdnyrealty.com/blog/topic/small-business), [office](https://blog.sdnyrealty.com/blog/topic/office), [commercial property](https://blog.sdnyrealty.com/blog/topic/commercial-property), [commercial real estate](https://blog.sdnyrealty.com/blog/topic/commercial-real-estate) ### How to Find the Right Real Estate Deal for your Business When it comes to the commercial real estate market, it isn’t always easy to find the right property for your company. It’s hard to prioritize... 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