As entrepreneurs are rapidly growing in the form of freelancers and creative workers around the world, so is the need for customized, ready to utilize shared office space, popularly known as coworking space. Individuals or small businesses looking to find cost-effective offices for rent can find an easy solution in this new way of renting office space.

But before selecting shared office space, it is crucial that the following five aspects are considered:
Is transiting to the location convenient?
The location of the office is one of the biggest determinants of whether the shared office space would work for a start-up or not. It is important that the location of the office is suitable to the employees and is at proximity to transit hubs and market area with ample food joints and shops.
What’s there in the package deal?

Answers to questions like, is the coworking space available for work around the clock? Is the internet included in the package? Is there tea and coffee space? Is housekeeping included? What member benefits are included will help decide if the shared office is ideal for a company or an entrepreneur.
Is the working environment congenial?
It is important that the shared office space has a congenial and healthy culture within the office. Office space can be shared with someone belonging to the same business background or can be from a diverse business as long as relationship and environment within the office are comfortable for all.

What does the term of the contract say?
It is always beneficial to weigh the prospects of the rent or the cost against one’s budget. The contract may be on a daily, monthly or yearly basis and it is recommended that a company chooses the contract that best suits their needs.
Is there space to relax?
There are many co-working spaces around with each being different and distinct yet the features and amenities provided in the office space are indeed contributory as a deciding factor.

It is important to understand how much space one would have to them and how much will they have to share. Other features that are welcoming are the availability of meeting rooms, lounges, private phones or any other attractive features.
Selecting an office space is a tedious task but once an ideal shared office space is found that does not burn holes in the pocket, the efforts are worth it.
Entrepreneurs and start-ups in Port of Spain, Trinidad can contact ESG Business Suites for shared office space for rent.
ESG Business Suites has one of the best rates when it comes to coworking space in Port of Spain.
Photo credit: Google Images
