Why Should I Host My Private Office?
Why Should I Host My Private Office?
Flexible office space is at a premium these days. With the business landscape constantly shifting and changing, and many employees working remotely rather than full time in the office, less and less business want to be tied into a fixed location long term. If you’ve got an office space you don’t feel is reaching its full potential, need a little extra income or even just a huge boardroom that has started to gather dust, you may consider hosting your own private office to earn yourself a variety of benefits and make the most of your property.
What Does Hosting Entail?
Hosting your office space means offering it up to additional parties to use either flexibly or long-term, whichever you should choose. From boardrooms to hot desks, even entire spaces, or entire floors, whatever you choose to rent out, becomes available to potential new people. It’s completely flexible, so you can rent as much or as little space as you would like, and for as long or as little as you choose. Simply list all of the perks your office has, from amenities such as gyms, cafes and rooftop working areas to secure bike storage, disabled access and parking spaces, customers will be able to filter down to their most specific requirements, meaning you only get offers from guests who want exactly what you’re offering.
Do I Still Have Control Over My Office?
Your space is your space, always. You have full control over the price, the availability, the rules and even the cancellation policy. Everything you set in place, stays in place, meaning you remain completely in control and with total peace of mind. You’re free to confirm or refuse anyone you like if you choose to, and you can list as many or as few spaces as you’d like. Total flexibility, for you and your guests.
The Benefits
Source of Income
Renting out unused space is a great way to capitalise on the property you already have, all whilst opening up a new source of income for your business. This allows businesses to generate profits where they initially may not have done and offset potentially expensive utility and mortgage costs on their property, future proofing themselves against any sudden shifts in finances.
Control Over Space
You remain full control over your space, which means you can still use it as much as you want. If you’ve got back-to-back meetings, for the next few weeks, you don’t have to accept any more bookings until things quiet down. If you’re on a hiring spree and your spare desks are starting to run out, you can refuse any additional bookings you don’t have room for. Your space never stops being yours, no matter what.
Increased Networking Opportunities
Working with new businesses can be challenging in a world full of NDA’s and industry secrets, but there’s nothing better than networking and growing your circle amongst your peers and potential colleagues. By sharing your space with other businesses, you benefit from many of their skills, can offer your services to new businesses that may not have previously discovered you and potential fix skill gaps within your business by working and learning from people in different industries.
Potential Tax Benefits
As well as generating an additional source of income, hosting your office space also offers a variety of potential tax benefits too. You could qualify for certain deductions on business expenses such as bills, maintenance, and repair costs, saving yourself more money in the long run.
How Can I Host My Private Office With Spacepool
It’s easy to sign up with Spacepool. Simply head to the host section on our site, type in all your details and you’re away. whether you want to just offer your boardroom for a few hours a week or your entire 24-hour coworking space, we’ve got you covered. Once you accept the booking, we’ll deal with all the payment details, so you don’t have to. No worrying about late payments, missing invoices, or messy paperwork. Our step by step sign up form means your property will be listed within just 24 hours, meaning no waiting around, and no stress. Find out about office hosting with us today.
If you’re asking yourself, Why work in London? Spacepool has you covered. With thousands of creative and professional spaces available to rent in the city, both short and long term, you can get the best out of the capital with all the flexibility you need.