Executive suites are an arrangement of independent businesses that rent space and share other resources such as faxes, receptionists, and conference rooms. They also share basic amenities such as reading desks. The accommodation is achieved per specific requirements, and location is usually vital.
The main benefit of executive suites consists of low costs. Moreover, most business owners prefer sharing one in the city’s center instead of renting a cheaper office in the suburbs. However, there are also many disadvantages to sharing the work environment. For instance, not all shared space areas are readily available to all clients or staff members. In addition, the reputation of one business can be associated with that of the businesses sharing the office. Plus, the cramped office spaces sometimes cannot accommodate extra staff or guests.
Nevertheless, executive Denver office space can be a luxurious and convenient solution for owners who never pay the full price of specific resources. As a result, they share storage space, desks, connectors, ventilation, kitchen facilities, toilets, and access to water. Other shared facilities include Wi-Fi, lounges, security, and concierges.
Businesses also get to share fees and costs such as VAT on rent, utility bills, insurance, upkeep bills, parking spaces, resources for staff comfort, layouts, furniture, and even equipment.
