Wednesday, May 29, 2013

Co-working Spaces Could Save You a Bundle

 


http://business.time.com/2013/03/28/co-working-spaces-could-save-you-a-bundle/


Renting a co-working space can be a great way to launch your startup cheaply – and expand your professional network in the process.


For starters, it’s much easier to deduct than the complicated “home office deduction” – and much less likely to trigger an audit. It’s also a lot less complicated than home-based business laws and regulations, particularly if you have any employees.
Shared expenses make co-working much cheaper than leasing an office by yourself, and the shared arrangement means you only have one bill to pay each month. It’s also much easier to get out of than a long-term lease, and a shared conference room looks a lot more professional than having clients visit your basement.
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