AdvantEdge Workspaces Blog

Not all meeting spaces are created equal. When renting a space, it is important to have a full-service experience at the right price.

Here are 10 essentials to consider before planning your next meeting:

We are thrilled to announce that the expansion of our Downtown (L Street) location is officially complete! Along with this expansion, AdvantEdge has ended operations at our flagship West End location after nearly three decades of business. However, the majority of our West End clients relocated to our expanded Downtown center, and we are excited to open new doors as this one closes. Our newest suite has been freshly refurbished, tastefully decorated and totally supplied with the latest and greatest executive accommodations.

While hotels and convention centers have long been used by businesses for large seminars and meetings, business centers are rapidly becoming the first choice of venue for a wide variety of professional events. Why? Cost, support staff, and customizable packages are the most often cited reasons for heading to a business center; particularly among small businesses.

Sitting in the same office space all day, ever day, can make it abundantly clear why finding an environment that strikes a balance between productivity and comfort is crucial to the health of your employees and your business. As employees feel more obligated to be “plugged in” and “contactable” outside of the normal 9-5 routine, it is also critical for a business to find meaningful ways to promote the physical and mental health of its employees outside of the office as well. Shared office spaces and the ever-growing number of amenities they can provide are one solution that can keep your company happy and healthy without sacrificing efficiency.

For early-stage companies reliant on outside funding, the massive up-front costs of acquiring your own office space can prove a seemingly unsustainable burden. When trying to exercise as much financial prudence as possible, the last thing you want to do is take on a long-term liability, but with a traditional lease, you’re left with little choice. Your company has to work somewhere, but how can you manage cash flows appropriately while still getting the environment you need? Shared office space can prove the perfect solution for startups, keeping costs low over time, and even lower up front.

While we have seemingly endless apps and websites available to use as a resource for just about anything, with so many resources at our disposal, a task like finding office space can quickly become quite daunting. Because physical office space is such a large expense, educating yourself as much as possible and starting early are vitally important. Not only do you need to determine the needs of your business at present, but you also have to consider its future. AdvantEdge can help assist along the way and ensure you make the best decision for both your company and your employees.

When it comes to determining the office space needs of your business, it’s most important to stay realistic. Try not to over- or underestimate - your business’s future capacity by allowing yourself enough time to evaluate the needs of your employees, your future business plans, and by doing your research thoroughly. Once you’ve nailed down the roadmap of your business plan, a good place to turn to amidst your search are the tried and true resource of real estate brokers. While you can search for space on any site or app, brokers understand the current conditions of the real estate market for your city and can help you make better informed choices about a building or market than you would be able to on your own. This is particularly helpful if you’re trying to set up an office in an area that you may be unfamiliar with. Online reviews and social media, when mixed in with expert opinions from your broker, are also good resources for getting the feel of a space. These tools can provide insight into the quality of the customer service you would receive, building amenities, and current tenant satisfaction.

One of the primary objectives of any small business is to grow and expand in a way that supports both your employees and clients alike. How can you make sure your business has the correct resources to accommodate such growth? Expansion means more employees. More employees means more space, more offices, desks, chairs, the list goes on. Shared executive office spaces grant you and your business the freedom to expand at your own rate without the pressures of committing to a long-term lease. Here at AdvantEdge, our team works closely with you day in and day out to make sure your business’s needs are met to the highest standards.

One of the fundamental concerns in opening a new office will be deciding what physical location is best for your company. How will you find a space that is within your price range yet still meets all of your needs? Will this be a space that your company can grow into over time or will you be forced to relocate within a year or two? Choosing to office your business with a shared workspace can be a valuable step towards jump starting your entrepreneurial endeavor.

When it comes to choosing a space perfect for your company’s immediate and future needs, a shared office space is an optimal choice. Not only are serviced workspaces convenient for small companies and help entrepreneurs build relationships with a variety of other businesses, but shared offices also offer ecofriendly environments and amenities that reduce your carbon footprint.

Whether you are looking for temporary space for a few months or plan to stay in one spot for a few years, we have professional, modern workspaces for your company here at AdvantEdge Business Centers. Why consider shared workspace? There are many advantages of officing with shared workspaces including access to a productive work environment, networking opportunities with many DC businesses, and the convenience of avoiding long term liability and unnecessary financial burdens.