Just released: How to raise venture capital in 2023


Office-Sharing Can Save Startups. Here’s How.

Carl Niedbala - Founder Shield
Carl Niedbala

COO & Co-Founder


By now we are all acclimated to the sharing economy model. We share our cars, our homes and our dog sitters. Sharing your office may not be the first thing that comes to mind as the next sharing economy service, but it should be, especially if you’re a startup. It might even save your business.

“As an entrepreneur with a small but growing Internet of Things company, I’ve got 99 problems.” – Duer, Weather Cloud

Startups can run out of money. From R&D on your newest service to hiring talent to raising funds, an entrepreneur’s work is never done. The biggest challenge is the decision on how to spend the precious capital you worked so hard to earn. Office space is the second highest cost for a business after head count. By sharing your space, you can cut overhead not only in rent, but also in other business amenities such as utilities, wireless internet, and printers. Your employees will appreciate the services and your investors will appreciate your frugality.

“It is impossible to find space for 5 to 10 people.” –Kelsey, VenueBook

Size matters. You want to have an office in a tech-centric location in NYC, San Francisco, Boulder or Seattle but you only employ 5 people. You’re too large for your coffee shop but too small for a traditional 10,000 sq ft., 5-year lease. Office- sharing can literally open new doors for you. Whether you take space from another business in a sought-after area or you lease a larger space and share the unused portion with someone else, office-sharing is a flexible solution for any size of business.

“We’ve built working relationships with a lot of these people; we enjoy this syndicate of start-ups and small businesses that share the space with us.” – David, Wantful

Entrepreneurs can live in a vacuum and can become wrapped up in their vision. The good news is there’s a way around that: collaboration breeds innovation. Around the proverbial water cooler, people are genuinely interested to brainstorm ideas and solutions outside the confines of their own expertise. Sharing your office space with another company can boost your creativity and give you a different perspective on your own business.

Office-sharing is a viable solution for startups who are looking to smartly spend their capital while trying to create a robust business culture. Currently there are hundreds of companies looking to do just that just a click away. 


**this is a guest post by Carly Chase of Pivot Desk**

About the Author:
Carly is helping NYC entrepreneurs and small businesses stay focused on growing their business instead of struggling to find the place to do it. She is overseeing the development and management of the NYC market.
PivotDesk is an online marketplace for office sharing. We’ve helped hundreds of businesses find the space they need with the flexibility of month-to-month contracts. The easy to use platform – online in 29 cities – includes powerful search features, beautiful postings, centralized communications, and financial management tools.

[vc_btn title=”GET A QUOTE” style=”outline-custom” outline_custom_color=”#ee2524″ outline_custom_hover_background=”#ee2524″ outline_custom_hover_text=”#ffffff” shape=”square” size=”lg” align=”center” link=”url:https%3A%2F%2Fapp.foundershield.com%2Fusers%2Fsign_up|||”]

Related Articles

non-dilutive debt financing
January 30 • Guest Post

Elevating Your Company’s Valuation: The Power of Non-Dilutive Debt Financing

Unlock exponential growth without sacrificing equity in this guest post from Founders First Capital Partners. Explore the power of non-dilutive debt financing to elevate your company’s valuation and achieve financial freedom.

July 26 • Directors & OfficersEPLIErrors & OmissionsFiduciary LiabilityGeneral LiabilityReps and Warranties Insurance

Post-Acquisition Insurance & M&A Risk Management Guide

Late-stage companies sometimes overlook post-acquisition challenges, but they still pose a problem. Here’s how to navigate these tricky situations.

June 8 • General LiabilityProduct LiabilityRisk Management

Enterprise Amazon Sellers & FBA Insurance Guide

Amazon sellers face many of the same vulnerabilities that other ecommerce companies face. Here’s insight into risk management.

May 12 • Directors & OfficersGeneral LiabilityRisk Management

Understanding the 5 Steps of a Risk Management Process

Late-stage companies and small businesses need a risk management process — but how do you accomplish this task? Here’s some expert advice on the matter.

Why Startups Can’t Afford to Ignore Video Transcription, Captions, and Subtitles
August 24 • Guest Post

Why Startups Can’t Afford to Ignore Video Transcription, Captions, and Subtitles

Using video will help your business connect with clients in a meaningful way, but Luke explains it also presents some challenges.

TranslationServices.com x
June 15 • Guest Post

Translation Services: What Are the Benefits for Startups?

This is a guest post from Luke Palder who is the CEO over at TranslationServices.com, who are translation experts for academic, business, and literary translation for any language. A little-known business fact is that translation services are among the most profitable investments for startups. As professional translators, we know how much translation can help a