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Is the Cost of Coworking/Shared Office Space Worth It?

Posted on Oct 31, 2016 8:00:00 AM by Ryan Ring

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In the business world, we are always concerned with value, because nobody wants to overpay. And when you don’t receive value for your money, that’s usually what’s happening: you’re paying too much. So how about coworking space? Is there sufficient value to justify the cost? What are you really getting for your money, and is it worth it?

We would say yes, but we own the place. How about for the standard remote worker or start-up CEO? Should you invest in coworking space?

  • If the alternative is a lease – YES

Have you seen the average price of a lease in the Bay Area? It’s getting crazy, and will probably continue to rise for a while. Why waste so much money on a lease when it’s no longer necessary? Coworking space can fulfill all your needs, and for just a fraction of the cost.

  • All of my needs? Are you sure?

We’re pretty sure, but let’s break it down. What do you really need out of an office? Somewhere quiet and professional to work? You can achieve both of those goals in the coworking space.

We’ll provide you with dedicated desk space, along with high-speed internet access and power outlets. It’s like working at a Starbucks that’s filled only with other professionals. Heck, we even have a full-service espresso bar, so you can still get a cappuccino at mid-day.

  • OK, but what if I have to meet with clients?

Although we’re talking about coworking space, we actually run the entire building at the 580 Executive Center. So if you desire meeting space, we can provide it for you as needed. Your plan will come with 10 hours of team room use every month.

  • Final question: what if I have an important phone call?

We’ve thought of that. We have private phone booths as well, and they’re not your conventional, old-school style. These booths have cushioned seats and doors that close, to ensure a comfortable (and private) phone experience.

  • I’m intrigued. What now?

Take a look at a video tour we’ve put together of the space. Or, if you’ve seen enough, contact us today. We’d be happy to discuss our available coworking plans with you.

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Topics: Coworking