Sharing space can conserve your start-up cash.
Looking for ways to economize during the start-up phase of your business? Sharing space with another company just might be the answer. Before you get a business "roommate," however, think about the following concerns addressed by Susan Urbach, regional director of the Oklahoma Small Business Development Center in Oklahoma City:
- Be sure the two businesses are compatible. Consider such issues as the type of space you need and the image you want to project. For example, a public relations firm could easily share space with almost any other type of professional services company, but it might not be compatible with a manufacturing operation.
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