Once upon a time, if you were searching for executive office space, you got four plain walls and a rug on the floor. The rest was really up to you. Then someone had a different idea.

Why not take a great office building, divide it up into separate offices and provide everything necessary for your business. Thus was born the concept of shared office space or, as it is also called, ‘executive office space’.

Of course these will all come at an extra cost on top of the actual office space, but they are there, ready to go. You don’t need to worry about the time and effort it takes to get an office up and running technologically because it is all in place for you, and for the small amount of money it will cost it is absolutely worth it.

There are other excellent optional services you can take advantage of in these kind of rented office spaces, such as telephone answering services, meet and greet at reception, and the possibility to hire executive meeting rooms by the hour or day, depending on your needs. All these things can create a great impression for your clients, especially if you are a relatively new business, after all, first impressions count.

But here was the real brilliance behind the concept of shared office space: no long-term lease was required. Shared office space was made available simply by signing a simple rental agreement. Rentals could be for a day, week, month or whatever length of time the executive office space was needed.

The fact that you are renting cheap office space doesn’t necessarily mean you have to share it with other people, unless of course you want to. There are many different types of space to rent, from desks in a shared office, to smaller cubicle style offices, individual offices and larger offices that can accommodate a number of employees. You can choose the type and amount of space that suits your needs, safe in the knowledge that you can up or downgrade should the need arise.

Extend this idea to new market segments, risky niche areas, test new products, new business models without the risk of things crashing down around you and you realising that you have mounting liabilities in the form of high rentals and leases that you signed when renting out your office space.

Now that you know what to do about your need of getting an office space, you should take care of the amount of money that you’re planning to expend. Remember that looks may be important, but also convenience and affordability. Don’t hesitate about invest on you office, it will be the place where your business will improve.