A Shared Office: The Profitable Asset in Your Business Center

Flexible and open office spaces are growing in popularity all around the world. It is especially noticeable in the UAE right now with all the business centers providing these types of office spaces. One of the most popular flexible types of office spaces offered by the business centers in Dubai are the shared offices.

As a result, shared office spaces are preferable to both businesses and business centers. Businesses love their flexibility and business centers love their profitability.

Shared office space is most popular among new entrepreneurs as well as existing small and medium businesses in the UAE. They also use shared office spaces when they are doing one-time projects far from their headquarters. Thanks to their flexibility and affordability, businesses of any shape and size can use them profitably.

Advantages of a Shared Office Space

Shared office spaces are so popular among businesses because of all the benefits they provide to both businesses that rent them and business centers that provide them. On top of that, the benefits they provide greatly out weight the cost of renting them.

As a result, they are easily rented which makes them profitable for the business centers as well. Since they can rest assured that the shared offices will have tenants.

Here are the benefits of shared office space in Dubai:

Prestigious Locations

Business centers that are renting out these shared office space in Dubai and the UAE are usually located in prime business locations such as commercial and financial districts. When you rent a shared office space, your business will be located in these prime business locations that are considered prestigious in the business world.

When your business is located in a prestigious location, the brand image of your company gets a huge boost. As a result, investors and clients will trust your business easily.

Cost-Effective

Startups, small and medium enterprises usually cannot afford typical office space in the buzzing commercial districts of Dubai. This is because the typical office spaces that we have been seeing for the past decade are very expensive and require a sizable cash flow to maintain.

However, these businesses with a limited budget can easily afford shared office space in these prime business locations. You do not need the huge upfront capital or pull a big profit every month to pay the rent.

Flexibility

Shared office spaces often come with the most flexible contracts you can find in Dubai. What flexible contracts mean is that you can rent them for short periods of time without facing much risk. As the COVID-19 pandemic has shown the business world, long contracts on office spaces can be very risky.

As a result, more and more businesses have been seeking the flexible contracts provided by business centers. You can rent a shared office in Dubai monthly, weekly, daily, and even hourly. For example, if you need a workplace for short collaboration or meetings, then shared office space is your go-to option.

Growth Opportunities

The flexibility offered by shared office spaces also provides a lot of growth opportunities for the firms that are renting them. In a typical office setting, you cannot easily hire more helping hands for your business because you will also need more space to accommodate them.

However, when you are renting a shared office space, you can easily move into a bigger space or rent more shared space thanks to the flexible contracts. The opposite is true as well. You can easily reduce the amount of office space you are using if you do not require as much space anymore.

Networking Opportunities

Last but not least, shared office spaces offer a lot of networking opportunities. As we all know, making connections are very important in the business world. It is why corporations spend so much money to organize seminars and other events.

When renting a shared office space, you will be sharing the space with several other businesses. Your neighboring business might be your next client. Similarly, the freelancers working next to you might be the ones to take your business to the next level.

How to choose the right shared office in space for you?

There are a lot of business centers that are providing shared office space in Dubai. However, not all of them will fit your specific needs. This is because every business is unique and has unique requirements to fulfill its goals. To find the perfect shared office space in Dubai that will meet your specific needs, you need to look for a couple of things.

Here are the things you need to check when looking for shared office space in Dubai:

Location

First and foremost, you need to pick the right location for your business. As we have mentioned before, a prestigious business address does wonders for the brand image of your business. On a similar note, you want to select a business center that is easily commutable.

Contract

The contracts are also very important when looking for a shared office space for your business. Ensure that the time period of the contract suits your need. Always remember to thoroughly go through the contract before you sign anything.

Pricing

As business centers provide a lot of services and amenities, it is often overlooked when considering the prices. Ensure that you are getting what you pay for and ensure that you are not paying for what you do not want.

Amenities

Last but not the least, different business centers provide different amenities to make their office spaces more attractive to tenants. These amenities can range from vending machines to shared kitchen spaces. Ensure that the business center is providing the amenity you are looking for before moving in.

How can Spider Business Center help you?

Spider Business Center provides some of the best office spaces in Dubai. If you are looking for the best shared office space in Dubai, then you are in the right place. With our office space, you will be located in the prestigious Conrad Hotel – Business Tower, Sheikh Zayed Road, Dubai.