Why Officeworks?     

Why locate at Officeworks when there are so many cheap sublets in the market offering reduced rent terms? Although the base rent on these sublets often seems inexpensive, there are significant upfront and ongoing costs that are easy to overlook when evaluating options for office space.

The following compares 1,000 sq.ft of traditional space and services for 4 persons with 482 sq.ft. of space and services at Officeworks (shared common areas mean less rental space is needed). The numbers show that you can save signficiantly over a traditional setup:
Upfront Costs
Traditional Space Officeworks
Phone System (incl. handsets) $3,000 $0
Wiring and Installation 2000 0
Security Deposit 1750 200
Broadband Modem 200 0
Fax Machine 200 0
Total $7,150 $200
 
Monthly Ongoing Costs
Traditional Space Officeworks
Rent $1,250 $1,560
Phones 320 0
Internet 120 0
Copier lease 300 0
Total $1,990 $1,560

What you DON'T get with traditional office space...

  • Richly appointed conference room
  • Access to other businesses and entrepreneurs in a friendly environment

What you DO have to put up with in traditional office space...

  • Longer, less flexible lease terms
  • Personal guarantees
  • Headaches from telecom and equipment providers
 


Copyright 2008• Officeworks, LLC