Co-Working Trend

Carmel Valley San Diego Community | Co-Working Trend | Lindsey SmithOne of the biggest challenges for the San Diego start-up, is deciding when to move out of the home office and into a commercial office suite.  The home office in Carmel Valley, can be convenient and cost-effective, yet it can also be isolating since it is likely not conducive for meetings with colleagues, clients or vendors.  Committing to a commercial lease is challenging because most landlords require a three to five year lease term and strong financial statements.  The unpredictable and potentially exponential growth of a start-up can make committing to long-term lease nearly impossible.  Without a strong financial history of two years or longer, landlords could require large lease deposits, tenant funded improvements or a personal guaranty of the lease obligation.

Co-working spaces provide a great solution to this dilemma.  These shared work-spaces provide a productive, professional and collaborative work environment with maximum flexibility.  Entrepreneurs and start-ups can choose to lease shared desks, cubicles or private offices; and most spaces also offer conference rooms or large meeting rooms available for lease.  Monthly rates are typically based on usage and can range from as little as $25 per month to about $500 per month.  Co-working members benefit from a high image office space and office amenities without the high overhead costs. Additionally, these environments can facilitate collaboration and networking between fellow members and also provide start-ups with additional credibility that a home office or meeting at a local coffee shop fail to provide.  Co-working has proven to be a viable solution for many small business owners and this concept continues to expand county-wide.
If you or another business-owner in Carmel Valley San Diego is interested in finding out more information about “co-working,” please feel free to contact me at lindseysmith@kw.com or click on the link below.

______________________________________________________________

Carmel Valley San Diego Community | Lindsey Smith | San Diego Office PropertiesLindsey Smith is a Del Mar resident and founder of San Diego Office Properties.  She serves as a trusted advisor for San Diego’s owners and occupiers of commercial space.  Lindsey comes from a family of “serial entrepreneurs” and has a true passion for helping local businesses find office space that is aligned with their corporate strategy, culture and budget.  Lindsey is a graduate of the University of San Diego.  She began her real estate career in 2003 working at a large corporate brokerage house and founded San Diego Office Properties in 2012. San Diego Office Properties functions under the KW Commercial umbrella which allows clients access to a national platform and corporate resources while capitalizing on the flexibility that only a boutique firm can offer.

FEATURED BUSINESS

Carmel Valley San Diego Community | RIDE Cyclery Encinitas

You must be logged in to post a comment Login