September 1, 2023
There is so much time and money involved in starting your own business, from writing your business and marketing plan to registering and obtaining permits and licensing, to deciding on a location. A location alone can include a plethora of expenses including fit-up, utility set up fees and subsequent monthly bills, purchasing office furniture and décor, hiring a cleaning service, and possibly even parking garage fees. With so many decisions, embarking on your entrepreneurial journey can seem daunting, financially and from a time perspective.
How Start-Ups Save Money With Coworking Private Offices
The right coworking location can save new business start-ups both time and money. A private office in a coworking environment is a smart move for start-up businesses because expenses get consolidated into one monthly bill. Monthly office rental can include all utilities (heat, A/C, electricity - even WiFi), janitorial services, and parking for you and your clients. Most coworking offices come furnished, so there is no out-of-pocket expense. As opposed to traditional coworking drop-in desks, a private office within a coworking environment is used only by your business - your own personal, lockable space. Unlock your door, plug in your computer, and your business is off and running.
Coworking Provides Flexibility for a New Business
As your business begins to grow, coworking offices provide flexibility - furniture can be added or removed to accommodate the number of employees. Often expansion into adjoining offices is available, so your business can continue to grow into your own Team Suite or “pod” of offices. Again, this saves your business money by eliminating build-out expenses.
Added Benefits of Coworking Offices for Start-Up Businesses
Most coworking spaces offer shared amenities such as kitchen areas, coffee stations, and conference rooms to those who rent private offices. This provides a unique networking opportunity to share your business with other entrepreneurs and business owners who are also utilizing the common areas. Collaborate and exchange ideas with people you wouldn’t have access to in your own office space.
Coworking offices are a savvy start-up decision, saving valuable time and money.
Red Oak Coworking Office Suites at 409 Elm Street in Manchester NH are luxury lifestyle office suites where you can be successful and productive. Located in the heart of New Hampshire’s largest city, this location offers office suites, Team Suites, conference rooms and dedicated desks. Amenities here include a state-of-the-art fitness center, yoga studio, business center, off-street parking with available EV charging stations, and a reception area with greeter.
Also available is our 66 Hanover Street location downtown, which offers a variety of workspaces ranging from private or shared offices to open space coworking desks with parking nearby. Both locations have kitchen space, free coffee, tea and filtered water, free utilities and WiFi, and janitorial services. Lounge areas and conference rooms are also available. Contact Red Oak Coworking for more information.