When we think of business, we often think of bustling offices with productive employees going about their business. However, this view of leases is becoming more and more unrealistic; only extremely large successful companies and organizations can really take advantage of long term lease deals. Many workers in this day and age are either entrepreneurs, freelancers, or working with startups and small businesses. Many companies and workers have already begun to take advantage of this new environment; coworking spaces are seeing a huge increase in activity thanks to the advantages short term leases offer to start up companies and smaller businesses.

The Current World Climate

The current state of the world and economy only helps push the advantages of coworking to new levels. Coworking spaces are able to adhere to social distancing guidelines, and the cost benefits they provide in such an unstable market environment allow small businesses some sense of security with their lease situation. If they do not scale up, they are not trapped into a suffocating long term lease situation. On the other hand, if they scale rapidly, they can adjust their lease accordingly because it is not restrictive!

Another benefit of short term leases is the flexibility it allows your workforce, employees can choose to work remote or from the coworking solution depending on the day and situation. This allows you to save on costs by renting out even less space through your short term lease and keep your workers mobile and pleased!

Coworking is going to keep growing as a trend, once the world recovers and we return to some normalcy coworking will and another huge leap in growth. The time is now to leverage the benefits of short term lease solutions for your business, contact us today for more information on coworking!

This post was written by Tara Kintz. Tara is a director at Signature Workspace which is a Tampa office space. Signature Workspace, owned and operated by Cantor Fund Management, offers services and amenities such as private offices, flex space, co-working space, virtual offices, meeting/conference rooms, and more.