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COWORKING vs TRADITIONAL OFFICE SPACE

Paying too much for your office? Lets Talk!

Coworking or shared office space is designed to support productivity and can be a more affordable option for many small businesses, startups and larger companies looking for more flexibility.  With a frequent change of people in the space; your team will never get bored and feel excited about coming into the workspace every day. Our office space comparison tool will show you exactly how much you can save by switching to Downtown Works! So when the question becomes coworking vs traditional office space? Coworking is the answer 9/10 times.

Coworking vs Traditional Office Space? Coworking 9/10 times.

Why us? It’s simple. A shared flexible workspace provides an endless supply of networking opportunities by working alongside different professionals with different backgrounds and across a variety of industries. This can help identify new business opportunities to help you grow.

Downtown Works offices include numerous amenities such as high-speed internet, reception areas, access to meeting rooms, kitchen facilities and many more. General office maintenance is also included and managed by the on-site team which allows Downtown Works members to focus on growing their business.

Coworking spaces can be more affordable and accommodate every professional’s needs. Downtown Works offers flexible short-term and long-term contracts, allowing you to re-evaluate your office space as frequently as you may need to.

ABOUT THIS CALCULATOR

As a business owner, overhead is your worst enemy. Having the option of flexible office space gives you the advantage of efficiency by allocating your cash resources into  more productive investments in your business. Not having to come out of pocket with large expenses such as deposits, tenant improvements, long term contracts (that could go into the liability column of your balance sheet) are definite advantages.

This calculator converts your monthly rent and utilities expenditure into a per-person basis so you can compare how a traditional lease (with it’s long term commitment) could be detrimental to your cash flow. Having the flexibility of expanding and contracting at will makes coworking or shared office space on a per person basis a no brainer!

Conventional Office Space

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Sq Ft
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Monthly Rent$0/Month

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0 72
$ /MO

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Electricity & Janitorial (if not included) + Internet/Data Costs

Extras Amount $0/Month

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Total Rent/Month includes ongoing monthly IT Assistance, Repairs and Maintenance. Also includes per-person monthly costs for Beer, Snacks, Coffee & Printing. Depending on your selection of extras above, credit or charges for electricity and janitorial services. All these assumptions are shown at current industry standard prices.

Total Rent/Month
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Includes minimal IT Configuration, Appliances, Printer(s), Phones, Furniture/Desks (per person) and one month security deposit. All items at current industry standard prices.

Total One Time Cost
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Total Rent + One Time Costs

Total Move In Cost
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Total Cost/Employee $0
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This is your monthly rent multiplied by your contract length. You can’t get away from this.

Total Contract Liability
$0

Downtown Works

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$

Monthly Price/Person$ 0

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Everything is included in your membership. Seriously. Everything

Extras Amount $0/Month

Total Rent/Month $0
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First Month Rent + Security Deposit

Total One Time Cost
$0
Total Move In Cost $0
Total Cost/Employee $0
Total Contract Liability $0