Thanks to the Internet, cell phones, and executive suites, serviced offices and the virtual office, working space alternatives we could have never imagined even ten years ago are evolving at an exponential rate. Four of the options are detailed below.

Standard shared office space

Details about the space: This type of shared office space is usually located within an existing business office. It includes private offices, cubicles, and/or workstations. This arrangement is ideal for startups and companies that require a conference room. However, employees who use multiple telephone lines must have privacy.

Conveniences: Many shared offices offer services for no extra cost such as a shared kitchen and/or break room, shared conference rooms, and shared reception areas. For a prorated portion of the cost, you can use a document, copying, mailing center and shared receptionists.

Rates are typically between $250-1,000 per monthly. Flexible lease terms are often available for entrepreneurs, solopreneurs and small business owners. Rent is often determined by the space required by a company.

Coworking Communities: Coworking communities are the most recent option out of all the ones we are looking at. Coworking spaces offer more comfortable places to work and community building. They are also built on shared values such as collaboration, community and sustainability, openness and accessibility.