An interesting bit from the Wall Street Journal about small business-owners sharing office space to cut down on some overhead expenses, which would otherwise be high if they were to take their own office space.
Here’s an excerpt:
For entrepreneurs, it’s a cheaper and more flexible alternative to renting or buying space of their own. The 32-year-old Mr. Roediger and his partner contracted with Qwirk Columbus Corp., a recently opened co-working space in downtown Columbus, Ohio, to pay $500 a month for two desks in an office, computers with Wi-Fi, use of conference rooms, a shared printer/copy/fax machine, espresso maker and more. Mr. Roediger estimates he’s saving $300 to $400 per month on utility bills and not having to rent space he doesn’t need.
Some providers of co-working space are also offering reduced rates and even giving entrepreneurs opportunities to barter their services in return for paying no rent at all.
Read the entire piece HERE.