office sharing

Office sharing is a concept that allows companies that own or manage an office that has redundant office space to share or rent the workstations or self-contained units to smaller companies looking for [https://thecoworkingspace.in/ Flexible Workspace]. This creates revenue for the company that runs the office, and provides a cheap, flexible alternative for companies looking for an office outside of their home. The main benefit of sharing an office is that it provides a more dynamic environment for both companies involved and access to new markets.

However, sharing office space does come with some problems of its own:

• Higher office management costs (cleaning services, printer ink, office supplies and so on)
• Faster wear and tear of office equipment
• Potential NDA issues if the space isn't properly divided
• Setup costs (dividing the space with fake walls)
• Management Software costs (resource management, reception desk software, meeting room management and so on)

The arrangement can be particularly sensitive in the case of attorneys and MDs - in such cases, a legally-binding Office Sharing Agreement should be carefully considered and redacted.{{Cite web |last= |first= |title=Concerns about office-sharing arrangements addressed in new ABA ethics opinion |url=https://www.abajournal.com/web/article/ethics-opinion-addresses-concerns-about-office-sharing-arrangements |access-date=2023-12-14 |website=ABA Journal |language=en}}

Office Sharing is similar to Coworking, though coworking spaces tend to include more tenants, a broader range of amenities and a stronger emphasis on community and networking.{{Cite web |title=First results of Global Coworking Survey |url=https://www.deskmag.com/en/coworking-news/first-results-of-global-coworking-survey-171 |access-date=2023-12-12 |website=deskmag.com |language=en-gb}}