A shared office is an office space where two or more companies work and share the cost of the rent. Shared offices are usually shared by companies, not freelancers, entrepreneurs, or other self-employed individuals. Shared offices have no collaborative culture employees there tend to only work alongside colleagues from their own company.
When a traditional business has spare office space, they can earn by renting out desks to other businesses by the month. The model is similar to Airbnb for office space. Offices tend to be rented out for months and years at a time, and every host meets their guest before they rent, to make sure they are a good fit for each other.
