Shared Office Center
Startup Costs: $10,000 - $50,000
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? No
Shared office facilities are very popular, and the demand for low-cost shared office rentals continues to increase right across North America. As an alternative to working from home many small companies are utilizing shared office space as a way to keep monthly overheads manageable, and shared office centers usually consist of 20 to 30 small individual offices housed within one location. A shared office center can be started on a reasonable investment of about $25,000 and can return very good profits. Additional revenue can be generated from providing your tenants with a wide range of 'extra services,' such as reception and secretarial services, high-speed photocopying, parcel shipping and receiving, and boardroom facilities. The individual offices can be rented furnished or unfurnished'providing this option to tenants is also an excellent way to increase your business income with furniture and equipment rentals.
Shared Office Center Ideas
Flier Distribution Service
Help clients distribute fliers with this low-cost advertising method.
Notary Public
Be the go-to person when others need forms notarized.
Logo Design
Here's a quick guide on how to get paid for creating logos.
More from Business Ideas
Write Your Business Plan | Part 5 Overview Video
In this section, you'll learn how to organize your business.
Their 'Magic Internet Money' Side Hustle Just Hit $1 Billion in Sales: 'We'd Empty 6 Figures of Cash Onto the Counter. The Bank Teller's Expressions Were Priceless.'
Inspired by the concept of decentralized money, Neil Bergquist and Michael Smyers came up with a lucrative idea they believed "would nearly run" itself.
He Had a Side Hustle Driving for Uber When a Passenger Gave Him $100,000 — Now His Company Is On Track to Solve a Billion-Dollar Problem
Joshua Britton is the founder and CEO of Debut, a biotechnology company that's doing things differently.