Traditional Office Space vs Shared Office Space

The cost of office space varies widely based on location, size, and amenities. However, shared office spaces are often more cost-effective, especially for startups and businesses with limited budgets. Here’s a breakdown of pricing factors for each option:

Traditional Office Space

• Leasing traditional office space usually requires a long-term commitment, often 5–10 years or more.
• Companies must pay significant upfront costs to secure these spaces, which can strain limited cash flow.
• Traditional offices often have extra costs for utilities, furniture, landscaping, and snow removal, increasing overall expenses.
• Pricing depends on location and size, with urban areas and larger spaces typically costing more.

Shared Office Space

• Shared offices offer flexible leases, including month-to-month terms, making them ideal for businesses needing scalability.
• Utilities, furniture, and amenities are usually included in one monthly fee, simplifying budgeting.
• Pricing starts at a few hundred dollars per month for a single desk or private office.
• Shared spaces often include access to common areas like lobbies, kitchens, and mailrooms.

Key Takeaways

• Shared office spaces are cost-effective for startups or companies with limited cash flow.
• Traditional offices suit larger, established businesses that require dedicated, long-term spaces.

At Executive Office Link, we can customize an office package to suit your individual needs. We have single and multi-person offices available, and every space has all-inclusive rent and no hidden charges – so it’s easy to budget every month! You won’t have any initial capital investment for furniture, our spaces are all furnished and ready to go! Give us a call at 610-251-6850 to schedule a tour to come in and see your new office!