The ROI of Flexible and Shared Office Space: What’s it Worth to You?

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6 Factors to Consider When Selecting Office Space

Most choices are made with consideration.

Whether it’s cleaning products, a new coat, or your office space, we all consider our choices and look for value.

This isn’t new information, but it’s good to be reminded.

When shopping for office space whether as an individual, as a satellite office for a corporation, or as a business owner with a small team, finding the right office space is not about finding the best place for your desk and chair.

It’s also not about community, the view or the artwork on the walls.

What ROI do I receive in exchange for my investment of time, money and resources?

You’re shopping for the right place for you and your team to work, connect and be productive.

That’s it. Nothing else.

You are looking for a good ROI.

Now, ROI can be measured in multiple ways.

For example, you could meet other business owners at your office space and discover ways to build new relationships, create new accounts and grow your revenue.

Or, like one large consulting firm, you could use your office space to make connections and discover new talent for hiring purposes.

Or, you might choose an office space to combat isolation, distractions or both. This might help you feel more connected and inspired to grow your business.

Or, you might choose a space that allows you the flexibility to upsize and downsize as your business dictates.

You might choose a shared office that manages all aspects of an office (community manager, cleaning, utilities, and Wi-Fi, etc.) so you can focus on your business – not the time-consuming process of office management.

Or, you could choose a space that “wows” your prospects and clients, and gives your business a sense of presence in the marketplace allowing you to create more confidence between all parties and help attract, close, and grow your business.

So, what outcome are you looking for with your office choice?

What ROI are you getting from your office space?

 

Before you go…

Looking for a new place to call home for your business?

Members at The LIFT Office have multiple office and workspace options available. 

Whether you need a professional address and mail service, conference and meeting rooms or office space for you and your team, we are here to serve you so that you can be productive and work, connect, and grow your business.

 

Here are a few other articles that allow you to meet LIFT members and learn more about choosing the best office for you:

LIFT Office Virtual Memberships start at $25/month and include a professional address and the added benefit of privacy gained by not using your home address. Check out all the Virtual Office membership options here.

LIFT Office Memberships starting at $200/month provide flexibility to scale with no contracts and no hidden costs.  The workspace is fully furnished, and all the extras are included like the internet, cleaning, office maintenance, coffee, and snacks.  Join an office space where you can focus on your work, connect with other professionals and grow your business.

Interested? Learn more here.

 

About LIFT Office
The LIFT Office is a coworking, flexible workspace and meeting space in the center of DFW in Grapevine, Texas just 3 miles from the DFW Airport. The LIFT Office is a dynamic community of influencers, entrepreneurs, independent professionals, consultants, and freelancers. Learn more at www.theliftoffice.com

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