3 Benefits of Dedicated Office Space for Your Small Business

Whether you’re a new small business owner or a seasoned entrepreneur who is used to steering their own ship, now is an exciting time to be your own boss. And many aspiring business owners recently joined your ranks.

You may remember that in the first year of the pandemic, economists saw a surprising trend: the pace of applications for new businesses wasn’t decreasing as the country locked down. Instead, the National Bureau of Economic research reported that this number increased from the second half of 2020 through May 2021. What makes this trend so remarkable is that this marked the greatest increase in applications on record, dating back to 2004.

And that growth hasn’t slowed down.

As a recent report from QuickBooks shows, there may be as many as 5.6 million new small businesses in 2022, up from a record 4.3 million in 2021.

Amid this surge, it may be difficult to differentiate your business from the others springing up in your industry and even more difficult to decide when it’s time to rent commercial office space of your own. But you don’t have to choose between signing a long-term lease and working indefinitely out of a home office space. Today, you’ve got options.

Let’s look at three major benefits to getting your start in a dedicated office space, whether that’s a floor of your own or a modest footprint in a shared office setting.

1. Private Office Space Puts Your Small Business on the Map

It can be difficult when you’re first starting out to get the capital you need to secure a commercial lease, but this type of long-term engagement is no longer a requirement for success.

Membership at Firmspace allows you to access the premium, furnished office space you need without committing to a five or 10-year lease. Even better, these memberships come with coveted mailing addresses in major metropolitan areas and without asking you to shoulder the cost of that space on your own.

The power of having a private office space isn’t just that it gives you a formal place where you can go to get your work done and hold confidential conversations. It’s also about having an address to put on your business cards (virtual or paper) that helps confer the legitimacy of your operation.

2. Invite Your Guests and Partners to Meet in a Confidential Environment

Professionals often think of the office as a destination for productivity and collaboration. It’s a place where you can sit down in person and hash out big questions face-to-face. And for groups of more than two people, it’s typically best to do this in a space designed to foster collaboration in a private setting.

This is why, at Firmspace, memberships come with access to fully outfitted meeting rooms that give you the ability to connect digitally and in-person without fussing over the webcam setup or smartboard technology.

Just because you run a small business doesn’t mean you should have to sacrifice the quality of the experience you deliver to your guests for the sake of growth. A private office membership can help make that happen.

3. Get Concierge-Quality Support Without Growing Your Headcount

As a small business owner, you appreciate that going into the office is the foundation of your daily routine. But managing an office space doesn’t have to consume your bandwidth.

At Firmspace, our member experience team keeps the front desk ready to receive visitors, help you troubleshoot technical issues with the onsite printer, and receive packages on your behalf.

What you need to get the most out of every day and grow your business looks different than the coworking spaces of the past. The new paradigm for shared office space is high-touch, polished, and helpful. With the support of our staff, you don’t have to worry about contacting the elevator service operator or changing the toner for the printer. We’ve got that covered, and the result is increased productivity and focus for our members.

Deliver the Polished Experience of a Much Larger Company

You need a shared office space that’s designed with a hybrid work experience in mind, and Firmspace has the private office spaces and configurations your small business needs.

Constructed with privacy and security in mind, every office has walls that go from deck to deck and airflow that doesn’t intersect with other spaces, which can help you accommodate a range of comfort levels with time in the office, as more folks return to working in the office together.

Working from a private office downtown communicates that you are where your clients are and that you’re where it’s all happening. So, even if you have a team of two today, your guests will feel like they’re visiting a major headquarters.

To experience Firmspace for yourself, book a tour or try us with a day pass.