Leasing or buying an office space for your company is very expensive. Luckily, it’s no longer the only option anymore. There are a variety of alternatives these days that make it a lot cheaper to find a place to do business. Where once freelancers couldn’t afford to work anywhere except at home or at coffee shops, and small/medium businesses had to sell the farm to pay for space, companies of almost any size can now find office space for a fraction of the cost. It’s all achieved by instant offices: renting fully furnished offices from another business.
Three options for temporary office space—serviced office space, virtual offices, and rentable meeting rooms—are gaining in popularity. With more and more businesses choosing to use these services, the traditional office is rapidly becoming obsolete. The question is, which of these services is right for your business? To help answer that question, we’ll take a look at these three, and which situations they are most applicable for.