Business Insight
May 6, 2024 |

Shared Office: Smart choice for small and medium businesses

In an increasingly competitive economic context, cost optimization and increased flexibility have become key factors determining the success of small and medium-sized enterprises.

Shared Office stands out as a comprehensive economic solution, helping businesses reduce the financial burden from renting and managing traditional offices. At the same time, improve the ability to adapt and develop to keep up with market innovation trends.

Let’s explore what Shared Office is, and why it can become a solid launch pad for the development of small and medium-sized businesses!

What is Share Office?

Share Office or Shared Office – is a flexible office model that first appeared in 2005, thanks to the initiative of programmer Brad Neuberg in San Francisco. The goal of this model is to create a comfortable, open working space, promoting cooperation between individuals and businesses.

With Share Office, customers can rent a location to register their business, receive parcels, and use both shared and private workspaces.

In particular, this model often comes with amenities such as: free drinks, meeting rooms, rest/entertainment rooms, kitchen areas… creating ideal conditions for working, exchanging, collaborating and developing. development.

Shared Office allows small businesses to rent workspace in a shared environment instead of owning or renting an entire individual office

Outstanding benefits of Shared Office

Through sharing about what Shared Office is, you can also see that this model opens up many valuable opportunities for small and medium-sized businesses, by providing flexible solutions and significant cost savings.

Below are the outstanding benefits that Shared Office brings:

  • Trusted address: Provides businesses with a reputable business address, supports receiving mail and enhances brand image through marketing publications.
  • Cost optimization: Eliminate the financial burden related to renting, purchasing and maintaining office equipment such as printers, projectors, LED lights, cameras, wifi…
  • Professional reception: Ensure smooth communication with customers thanks to a ready-to-support reception team – contributing to improving service quality and first impressions.
  • Modern infrastructure:Provide fully equipped meeting rooms Facilitate and support important meetings and events professionally.
  • Dynamic working environment: Promote creativity and collaboration between businesses and individuals through co-working spaces, facilitating the exchange of ideas and experiences to enhance development.

Notes when renting Shared Office

When choosing Shared Office, your business needs to pay attention to the following important factors:

  • Location: Choose a location as central as possible, for convenience in moving and meeting partners/customers – maximum support for your business activities.
  • Community: Survey the shared office community to ensure there is support and positive interaction, contributing to overall development.
  • Rental costs: Understand the rental price and other additional costs. This helps businesses plan appropriately and effectively.
  • The infrastructure: Assess the condition of facilities such as ceilings, walls, floors, soundproofing systems, elevators and parking areas… to ensure comfort.
  • Interior quality: Check condition, quality and available furniture, as well as maintenance or replacement policy when necessary.
  • Common area: Pay attention to common spaces such as reception, reception area, meeting room, restaurant… to ensure comfort and convenience.
  • Utilities available: Necessary amenities such as refrigerator, microwave, air conditioner, hot/cold water dispenser, meeting equipment and stationery should be available.

Choosing a reputable Shared Office not only helps save costs, but also promotes business interaction and development in today’s professional and dynamic working environment.

A reputable Shared Office will provide full amenities when you rent an office here

The difference between Share Office and Co-working Space

What is the difference between Share Office and Co-working Space (Shared workspace) mainly depends on the usage model and target audience:

1. Purpose of use

  • Share Office: Often rented by businesses, project teams or freelancers to use as a separate office. In there, they can share space and some amenities with other units. The goal is to reduce rental costs when sharing workspace.
  • Co-working Space: Is an open workspace, designed to facilitate interaction and exchange between individuals and businesses from many different fields. This space emphasizes community and creativity, suitable for those looking for a flexible and dynamic working environment.

2. Target customers

  • Share Office: Usually aimed at small and medium-sized businesses, startups or project teams that need a fixed and private workspace.
  • Co-working Space: Aimed at freelancers, startups or remote workers who need flexible space and want to take advantage of the opportunity to expand their network of contacts.

Share Office provides a private office, but still ensures connectivity and dynamism for customers

3. Flexibility and community

  • Share Office: Flexibility may be less than with Co-working Space, as lease contracts are often more fixed and long-term. However, it provides a stable and private workspace for businesses.
  • Co-working Space: Provides an extremely flexible working environment with many types of rentals from hourly, daily to monthly. This environment promotes interaction, collaboration and creativity between individuals and businesses.

4. Utilities and services

  • Both models offer basic amenities such as high-speed internet, printers, and seating areas.
  • However, Co-working Space often invests more in open space, flexible design and community events to encourage interaction and collaboration.

Overall, the choice between Share Office and Co-working Space will depend on your business’s need for privacy, flexibility and desire for community.

Where to rent Shared Office in Ho Chi Minh City with good reputation and good price?

The Sentry, located in the center of Ho Chi Minh City, has quickly become the ideal destination for businesses looking for reputable Shared Office or Co-working Space, at affordable prices.

Designed with a modern, open space – The Sentry not only provides a professional working environment but also encourages creativity and interaction between individuals and businesses.

Services at The Sentry include flexible working space, modern meeting rooms and accompanying amenities such as: reception area, dining area, rest room, meeting room with modern equipment, connection High-speed internet connection, 24/7 security… meets all customer needs, from startups to large companies.

The Sentry provides a modern, airy and fully equipped working environment necessary for all individuals and businesses.

Not only stopping at providing a comfortable working space, The Sentry is proud of its professional support team – committed to turning each office into a community development environment, a place to incubate and promote ideas. creative ideas of businesses.

Choosing The Sentry is an important step towards the sustainable development of your business in the future. Contact now for service consultation and detailed quote!

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