Death, Shared Office Space NYC And Taxes

Shared Office Space NYC

Many entrepreneurs in NYC are looking at either working from home, renting an office or using a shared office. Entrepreneurs that seek to work out of their home and are not ready to rent an office can use shared office space. This option comes with several benefits over and above working from home and leasing an office. If you run or plan to start a business in NYC, here are the benefits of using a shared office.

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Shared Office Space

Boredom and lack of motivation

Many people that work from home complain of boredom after a few days at work. The home environment makes some of them sluggish and unable to meet their deadlines in time. Without anyone that is supervising them, they end up slowing down as the days’ progress. The shared office option gets you out of the home environment to an office where you can work with rest. You also avoid the temptation of watching TV or any other non-business temptation. 

Meeting your clients

Meeting your clients in your living room or at the coffee shop is not the best way to impress them. Where the value of the business is high, they might not believe that you can be relied upon give them a quality solution. However, with a shared office, the clients see that you have invested into the business and are serious about your offering. This might be the magic bullet that you need to convince them that doing business with you is in their best interest.

Company

Working in the company of others has a great impact on one's productivity. Sometimes all you need is someone you can bounce ideas off of or discuss weather or politics to open up your mind. Unfortunately, this is not available in the home or lone office environment when working all alone or with one or two employees. The shared office has all types of people that you may need to keep you energized throughout the workday. 

Privacy

Many people are not at peace with allowing strangers into their home. It may compromise the security of their home or expose the rest of the family members to unwanted publicity and influence. The only way they can solve this is by moving away from home and meeting the business associates in a proper office space. 

Low cost of starting and running a business

Shared Office Space

You require having basic office equipment such as printers, servers, furniture, and décor. If you open a new office space on your own, you will need to buy every critical piece of office equipment that is needed for running the business. This can prove extremely expensive for entrepreneurs that are short on capital when starting their businesses. With shared offices, you will just pay a fixed monthly price to use available office equipment. 

Professional address

You do not want to put your home address on your website or your business cards. In fact, it is not good to announce your home address publicly. A shared office gives you a professional office address without a huge financial commitment.

 Bringing your home back

When working from home, you can often end up covering every table across the living room with files. It is also hard for you to switch from the work to the home environment. Thus, you end up working for hours on end when you should be spending time with your family. With a shared office space, you can shut off work for the day and enjoy some time in the home environment.

It is time to move out of the home office to the shared offices in New York City. You enjoy may more benefits as you grow your business and brand. This is the best solution to run your business at an optimal cost.

The Farm SoHo

The Farm SoHo

The Farm SoHo will wow you and your guests with its rustic charm and inviting environment. New York City's most engaged community of startup teams, developers, remote workers, freelancers, and entrepreneurs. They have converged to share ideas, innovate and learn in a collaborative and nurturing environment. Their story began in Missouri where they found a gorgeous barn that needed a second chance. They dismantled the barn and brought it to NYC and rebuilt in in their loft in SoHo.