What is a shared office? Advantages of this type

Shared office is an increasingly popular concept for the business community in Vietnam since 2006. Until now, shared office is still a "hot" keyword that many people are interested in, especially startups. So do you wonder what a shared office is?

Reception space of shared office model.

What is a shared office? Classification of shared offices

Shared Office (Office Sharing) is a service of renting seats or sharing space, flexible office space suitable for the needs and scale of the business. You simply understand that a company owns or manages an office, but that office is redundant and not used. At that time, the company will share or rent it to another unit.

Fully furnished office.

Based on the above concept, it can be seen that currently there are mainly two main types of shared offices:

- A company has extra office space and wants to share it to save costs. This case is not common.

- The company specializes in providing shared office services, making money based on this type of business. Popular in both Ho Chi Minh City and Hanoi . Usually, these companies will provide other office rental services such as virtual offices, representative offices, and full-service offices.

Advantages of shared office model

The shared office model has different advantages and disadvantages. Businesses can rely on these characteristics to decide whether to use a shared office or not. Here are some specific advantages:

- Minimize initial costs. Renting a shared office will be cheaper than renting or opening a traditional office.

- Save time, you don't need to worry about how to set up, build or maintain a professional office because the operating company will handle those parts for you.

- Office space rental services often have beautiful and central addresses.

- Shared office rental service has basic utilities available, integrated by companies specializing in construction services.

- Meet new friends who share the same "entrepreneurial spirit" as you.

Office desks and chairs ensure quality.

Distinguishing between Coworking Space model and shared office

The reference information below will help you understand the difference between the two types of shared offices and Coworking Space .

About the similarities

- Work in a modern building, equipped with many amenities, helping to build a professional image.

- Reduce equipment investment costs compared to traditional offices.

- Flexibility in changing offices and seats.

About the difference

	Coworking Space	Shared Office
Concept	Flexible workspace rental service according to company needs and size.	A social working model where individuals and groups work independently, support each other, and share to open up job opportunities.
Target audience	- New Startup Company. - Freelancer. - Project team of 2-5 people.	- New startup company. - The company is in the process of expanding its business. - Foreign company.
Benefit	- Dynamic and airy working space. - Easy exchange and network expansion.	- Has facilities such as: printer, meeting room, camera,... - Maximum support for Marketing services, taxes,...
Office space	Office space loses privacy due to sharing with other companies.	Modern space, easy to work and exchange.

Large meeting room with full facilities.

Who is suitable for renting a shared office?

Shared offices are often suitable for the following people:

- Startup companies, small and medium sized SME companies.

- Individuals and start-up organizations need a good business location to promote their company image in Ho Chi Minh City and Hanoi.

- Group of individuals doing business independently.

- People working in the technology field, freelance such as: Online Marketing, Freelancer.

- Multinational companies want to enter and do business in the Vietnamese market.

Should you rent a traditional office or a shared office?

You must clearly understand who you are and the factors involved before you know which office service to use.

If you need a low-cost, fully-equipped initial workplace. You are a Freelancer or just a small business group. You want to rent an office for short-term use,... Use the shared office rental service.

When you have more experience, more money, a good business plan, want to expand the company, etc., then you can switch to renting a traditional office.

If your business is looking for a unit providing quality, reputable, and reasonably priced shared office rental services, do not hesitate to contact ARCA SHARE immediately for the most enthusiastic and detailed advice. We are always ready to accompany you on the path of business and creating human values.

Contact information

ARCA SHARED OFFICE

Address: 1st Floor, Harmony Tower Building, No. 47-49-51 Phung Khac Khoan, Ward Da Kao, District 1.

Hotline: 09 1638 2820.

Tel: 028 3939 3924.

Email: [email protected].

Working hours: Monday to Friday (8am - 5pm).

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