If you’re like most business owners, you’re always on the lookout for new and innovative ways to save money. One great way to do this is by using temporary office spaces. These offices offer all of the benefits of traditional office space, but at a fraction of the cost. But before you decide to rent one, there are a few things you should know about them. In this article, we will discuss 5 secrets that most business owners don’t know about temporary office spaces.
What You Should Know About Temporary Office Spaces
Temporary office space is a fully furnished and equipped office that is available for rent on a short-term basis. These types of office spaces are perfect for businesses that are in between permanent locations, or for businesses that need a satellite office in another city.
Is it something that would be beneficial to your company?
You’re probably asking why you’d need a temporary office when your present one is set up and running smoothly. However, a temporary office isn’t the only solution for when your workplace is being renovated. It’s a solution to a slew of other issues that a regular office setting can encounter.
If you’re considering renting a temporary office space, there are a few things you should know. Here are 5 secrets about temporary office spaces that you may not be aware of:
Secret #1: Temporary Office Spaces can be More Affordable than traditional leases
Leasing an office space can be a major financial commitment – especially if you’re just starting or your business is in flux. However, with temporary office space, you can often get a much more affordable rate. This is because temporary office space providers don’t require long-term contracts like traditional landlords do.
- Save on your office space costs by leasing for a shorter time frame
- No long-term contracts – perfect for businesses that are in flux
- More affordable than traditional leases
- Flexible options to fit any budget
- Great for small businesses and startups
Secret #2: Temporary Office Spaces Come Fully Furnished and Equipped
One of the best things about temporary office space is that it usually comes fully furnished and equipped with everything you need to get up and running quickly – including desks, chairs, computers, printers, and more. This can be a huge time (and money) saver when you’re setting up your new office.
- Comes furnished and equipped
- Saves time and money
- Fast setup – can be up and running in minutes
- Variety of locations and sizes to choose from
Secret #3: Temporary Office Spaces are often located in prime real estate locations.
This is because many businesses are looking to downsize and save on costs. However, this does not mean that the quality of the office space is inferior. Many temporary office spaces are located in prime real estate locations. This means that your business will have a great location to work from without having to worry about the long-term commitment.
- No long-term commitment
- Affordable monthly rates
- Prime real estate locations
- Fully furnished and equipped offices
Secret #4: Read the lease agreement carefully.
Most temporary office space leases are written in favor of the landlord. Be sure to understand all the terms and conditions before signing on the dotted line.
It’s important to know what you’re getting into before signing a lease agreement for temporary office space. Most leases are written in favor of the landlord, so it’s important to understand all the terms and conditions before agreeing to them. If you have any questions about the lease, be sure to ask your lawyer or real estate agent before signing anything.
- Leases are typically written in favor of the landlord
- Understand all terms and conditions before signing
- Ask a lawyer or real estate agent if you have any questions
- Avoid costly mistakes by understanding the lease agreement
Secret #5: Don’t forget to add your office space to your insurance policy.
You may not have thought about this, but if you’re renting a temporary office space, you should add it to your insurance policy. This way, if anything happens to the space, you’re covered. Most people don’t realize that their homeowner’s or renter’s insurance doesn’t cover their office space. So if you’re working from a home office, be sure to add it to your policy. The same goes for any business equipment you have in your office, like computers or printers.
Adding your temporary office space to your insurance policy is easy and usually only costs a few dollars more per month. And it could save you thousands of dollars in the long run if something happens to your office space. So if you’re renting a temporary office space, be sure to add it to your insurance policy. It’s easy to do and could save you a lot of money in the long run.
- Protect your office space and equipment
- Cost is minimal compared to the cost of replacing lost or damaged items
- The insurance policy will likely already cover your temporary office space
- Peace of mind knowing that your business is protected
Any company that has outgrown its usual office space and needs more room should consider renting temporary office space. It’s also the perfect place for people and businesses who want to work in a setting that encourages productivity and success. However, a temporary office will allow you to save money while still obtaining all of the benefits of a typical workplace.
Are You Ready to Find Your New Office Space for Your Remote Employees?
Victory Workspace has been serving professionals in the Walnut Creek, California area for over ten years, and even after the Covid 19 Shelter in Place is over we will be here for you. We offer a large variety of coworking spaces, short-term office rentals, meeting rooms, and welcoming event spaces with plenty of free parking for you or your guests. All that while providing our clients with daily opportunities to network with other business-minded professionals just like you! To learn more, set up your free tour, or inquire about which one of our services might be right for you, reach out to one of our amazing Community Guides at Victory Workspace for more information.