In business, there are two things you’re guaranteed to need. Office space and money. Unfortunately, your finances won’t always allow you to rent a super office with masses of space. You have to make do with the best you can get, so it’s important to spend wisely.
There are some good strategies to get cheap office space on a budget, and we’re going to take a look at them now.
You’ll find that in some locations, you can take advantage of a co-working office space. This allows multiple to work together, potentially all running different businesses at the same time. You can create your own version of this, splitting the rental cost as you go if you wish. Or, you can seek out established co-working spaces that’ll let you join for a small fee. It’s cheaper than renting an office outright.
Don’t forget the power of networking. Business acquaintances are often willing to help out, as long as they’re not your competitors of course! You might just be able to make someone an extra bit of cash by taking advantage of their disused office space. It doesn’t make you come off as weak or show desperation – it might actually open up unexpected business opportunities!
The Home Office
It’s not going to cost you anything to set up shop at your own home, aside from the normal bills you pay. There are all sorts of fantastic reasons to have a home office, but you also need to be careful. You can come off as unprofessional by doing this, so clever working is key. A registered office address might help you to retain a good reputation. And, if you have to arrange a meeting, don’t go holding it in your kitchen! Find a more professional location instead.
Rent A Desk
Again, a bit of searching will allow you to find many places that offer a rent-a-desk system. Ultimately, they allow you to carry out your day-to-day business for a low cost. It’s not a strategy that is suitable for big businesses, but we’re presuming you aren’t if you’re considering this! As a temporary or even long-term solution, renting a desk might suit you to the ground.
Coffee Shops & Libraries
You might find that office space is something you only need to take advantage of sporadically. What’s the point in shelling out masses of money for an office you barely intend to use? If this is the case, don’t forget the convenience of coffee shops and libraries. Many of them are equipped with Wi-Fi connections and will allow you to stay as long as you need. Some of the best work I’ve ever done has occurred in a coffee shop!
Search The Web
The internet is a perfect place for you to discover cheap office space possibilities. Be sure to check websites like Craigslist for any adverts in regards to this in the first instance. And, social media is also worth searching and posting on. Take advantage of hashtags and mentions as appropriate to make your request more visible.