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The company offers office spaces that are leased on a month-to-month basis. The advantage of leasing an office space in MakeOffices is that it is less expensive than owning or renting an office space. Also, with a month-to-month rental agreement, companies are not locked into an extensive unbreakable lease, giving startups more flexibility.
The main benefit of sharing an office is that it provides a more dynamic environment for both companies involved and access to new markets. However, sharing office space does come with some problems of its own: Higher office management costs (cleaning services, printer ink, office supplies and so on) Faster wear and tear of office equipment
Industrious was founded in 2012 by Jamie Hodari and Justin Stewart, two best friends who grew up next door to each other in Michigan, who complained of the low quality of shared office spaces. [1] The founders raised $1 million from 80 investors to open the first location in Chicago in 2013. [3]
A serviced office broker will commonly help business center owners and facility management companies to rent serviced office space. Companies offering serviced offices are generally able to offer more flexible rental terms, as opposed to a conventional leased office which may require furnishing, equipment, and more restrictive leases.
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