sharing an office is much less common, and is a major issue for many of those businesses. They are usually grouped together by either rent price or industry type, but it can still cause tension. Often times within one of these businesses, communication comes to a single They are usually grouped together by either rent price or industry type, but it can still cause tension. Often times within one of these businesses, communication comes to a single point (i.e. a shared receptionist for multiple separate companies). This can cause issues not only with staff, but also leads to customer confusion on phoning, as it tends to look unprofessional.
For management, further issues are raised almost every day. A manager of one company has no control over the staff of the other sharing their space, so if anything is causing issues or disruption, they are powerless to help. This often leads to both companies being on bad terms with each other, and only further pushes a divide between them. Similarly, staff sharing resources between companies is difficult, as each company believes theirs to be the most important. It's human nature.
There are however many benefits to sharing an office with another business, especially in an office block. For starters, the cost of running the business is dramatically reduced. Lower rent due to sharing space is a major pro for companies to consider, and is particularly helpful for smaller start-ups.
Another key benefit is that duties also have to be shared, such as night time cleaning. It may not seem like much, but for a low revenue start up, this can be the difference between success and failure. Even sharing resources such as a printer in the office may seem like a bad thing, but the monetary savings can really help a small business.
Businesses do not always need a full office to themselves; there are many small businesses such as recruiting agents and casting that only need a small office. Because there are few staff and no pressing client visit needs, shared space is often the best option. The location of an office like this plays a big role in how successful a business is; having a city centre address in a recognised building can go a long way to getting clients on the phone or through the door.
Of course, once a business has grown and developed, it's always better to have an office to themselves. A private office is a show of how well a company is doing, and serves to improve both staff and director morale. Think of it this way; if you visited a bank headquarters, and they were sharing the office with a team of accountants from a separate company, would you think it was professional? Of course not. Offices are a valuable commodity, and having one which only your clients and customers can access is a status symbol.
For those of you looking to invest in an office, sharing an office may be the best investment. However it must be noted that outside of a city or office block, prices are so much cheaper that an office can be had (private to your company) for the same price as a shared one. Prices in office parks are up to 6x lower than an comparable one in a city, and this is likely the best option for businesses that wouldn't benefit greatly from being in the city.