In many cases, temporary office space can be a great alternative to jumping into a long-term lease. For the home-based business owner, temporary office space can offer a transition before moving into a long-term professional office. Business incubators are specifically designed for such small businesses that are making the transition out of the home or for start-up companies. Temporary office space also can be ideal for temporary projects in specific locations.
For start-up businesses, signing a 12-month lease may not seem like a long commitment. But consider the unknowns about your business’s future. If your business does not make it, you will be locked into paying for the space until the end of your lease term. And if your business does make it and continues to grow, you could find yourself overcrowded and stifling growth until your lease term expires and you can expand to another space.
Whatever the reason for your need for temporary office space, today there are many options including:
• Business centers, as described above, which often offer lease agreements for as little as three months
• Other shared office arrangements
• Business incubators for start-up companies
There are several companies and websites that can aid you in finding temporary office space in your city, including Corporate Suites, SOS America and Officescape.