Being transparent in co-working pricing
When researching co-working space for your growing business, one of the most important factors is the price.
In London particularly, it can be confusing to make a quick comparison between office spaces as many leave out essential features in order to lower their advertised headline rent.
This means entrepreneurs and founders are left with an additional bill of hidden fees at the end of the month. This can be an unnecessary administration overhead and a nightmare for cashflow confidence — not what a growing tech company needs!
So, what are you paying for when you pay for co-working?
These surprise hidden costs tend to include charges for business essentials such as bookable meeting rooms, super fast broadband and office cleaning and maintenance.
It’s definitely something to watch out for as you begin to consider co-working spaces for your scale-up business.
Here at Techspace, we prefer to lay our cards on the table with transparent pricing so you can budget accordingly.
What’s included in the price at Techspace?
There’s no nasty surprises at the end of the month; we include everything in your monthly rent, which means you can concentrate on growing your business rather than worrying about meeting room quotas; we include superfast secure wifi, bookable meeting rooms, boutique fresh coffee and all the cleaning and maintenance bills.
Where some co-working spaces charge additional fees for access outside of office hours, we realise that late night working and tight deadlines are common for growing tech companies; so we allow 24/7 access for our Enterprise members.
All of these amenities are essential for your tech company to thrive on a daily basis, so do your research, and make sure you weigh up all the extras when choosing the right space for your team.
If you’re looking for a new environment for your team, check out the new Techspace Shoreditch location opening 10th July. Give us a shout if you’d like to arrange a tour.
