Which office-space option is best for you and your small business? When setting up a new office space, one has several options to choose from – ranging from moving into a rented office, taking space in a Business Centre, sharing space with another company, or taking up a virtual office space option. Yes, the are quite a few office space options for any given business, and each one comes with several choices, their own unique costs, advantages and disadvantages. So how does one decide what is best suited for the needs of his or her small business?

It is important to factor in the total cost as well as look at the total lifetime cost of the office space option that you are selecting. But it is more important to select an office-space option without hidden costs. Far too often, a businesses will sign up for an office that carries hidden costs that they where not expecting and did not budget for. Let’s look at a few options that a small business has.

• A traditional empty office space in an office building that does not offer anything beyond space. This is where you have to create an office environment from scratch, you have to choose and purchase the office furnishings and configure your own furniture and office infrastructure, before you can even move into the office. Can your small business afford the time and money to set up a raw office space before you even get started? And is it worth the cost to personalize the space to make it “your” space?

• Sharing office space with another business that has extra space to accommodate you and your staff. This arrangement can work, but how much input will you have? And how much will it cost you to bring the flavour of your small business to a space that is branded for another business? Yes, it is easy to co-brand an office space, but are you willing to invest in the co-branding of a shared office space just because the other business has extra space?

• Maybe you only need office space for occasional use. Perhaps you need it to do some paperwork and have an office address, or for a place to sit down with your laptop that is not your home office, but still represents a professional environment. Or maybe you need a shared office in an office space that gives you access to equipment that you cannot afford to have in your own space. Perhaps you prefer to share and only pay for your usage of equipment as you go. These types of arrangements are actually quite affordable – and can cost your business only $225 per month, plus your telephone and photocopier usage.

• If you need a little more privacy without a totally private office, consider a semi-private office that you share with one other person. When a semi-private office is shared with another person, more often than not the two people sharing it do not even see each other. People who share an office likely keep different schedules and rarely keep the same office times.

• Looking for more privacy? An interior private office can give you that, and save you money too. In this case, you are not paying for a view or window office; you just have private space in a office space with the amenities you need. You also have access to those office machines (such as colour photocopiers and network printers) but you are only paying when you use them.

• Oh, you do want that window office? Well, that does not have to be a cost challenge. In fact, you would be surprised what a window office at an office business centre costs. Depending on availability, you can get a window office for as low as $450 per month, but that depends on the view and what is currently available.

Office availability and prices are usually determined according when you want the office space and if it is available. Keeping in touch with the staff at the office business centre you want is also very important. The office-space solution you liked yesterday may not be the option that is available today. Things change every day in an office business centre, and your sales rep can offer you different options from day to day while keeping you up to date on any last-minute or future changes.

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18 King Street East Suite 1400
Toronto, Ontario
M5C 1C4 Canada
416-574-1112

18 King Street East Suite 1400
Toronto, Ontario
Canada M5C 1C4
416-574-1112

Site Designed By Giant Shoe Creative.

Our Amenities

We are by far the most experienced and best coworking team in the market – established in 1980

We are the highest Tech centre in the market

We have a very modern, high quality, brand new facility located at:

18 King Street East, Suite 1400

Toronto, Ontario M5C 1C4 Canada

- 18 King Street East is a boutique Class A building – East of Yonge: easy street parking, less traffic, excellent restaurants and lovely parks – St. James Park @ Church & King and Berczy Park @ Wellington East, Scott and Front Streets – Very high energy and engaging area
- A few steps (a few seconds) to the Yonge Street subway/underground PATH network and streetcar available outside building
- Building is located in Toronto's vibrant financial district
- Plenty of parking available in the area including street parking and reserved parking in the 18 King building
- Adjacent to the building huge outdoor food courtyard - Beer Bistro www.beerbistro.com and Craft Beer Market www.craftbeermamrket.ca restaurants and bars with onsite catering services
- Onsite amenities: Tim Horton's, Beer Bistro, Convenience store and Starbucks across the street
- Nearby amenities: underground PATH network, numerous restaurants, banking, Starbucks plus a wide array of nearby shops and services
- New modernized office layout fully furnished with meeting spaces and training rooms plus café lounge area
- We are leaders in the service of training/meeting rooms with full conference facilities, high quality hot and cold catering
- Largest training room and conference facilities accommodate up to 60 people classroom style
- Ultra-high-speed - 1 GIG pipe = 1,000 x 1000 fiber-optic network, which will deliver internet connection speeds faster than most North American services
- Private shower room
- Indoor Reserved Parking at the current building rental rate
- Bicycle parking
- Rent a space to accommodate your team for meetings, training sessions, corporate events or coworking space or flexible office space for one day, one week, one month or one year, or whatever term suits your business
- Telsec has over 650 locations in 40 different countries worldwide available for their clients. Office clients receive up to 8 hours of meeting space per month at no charge at any ABCN member location. Plus, Office and Virtual Office clients may rent a space from any member location at special member rates which varies depending on the location
- King Edward Hotel is located across the street - recently completed a $40 million renovation and boutique hotels close by within walking distance

Dining and entertainment at high quality restaurants only minutes away – Carisma, Terroni, Woods Restaurant & Bar and Michelin Rated - Restaurant 20 Victoria. Plus numerous lunch and takeout eateries nearby

Please check out our 70 second video on our home page or click here:

Take a look at our facilities www.telsec.net

Telsec will Customize Your Client’s Office(s) Layout to Meet Their Requirements.

You are welcome to drop-in any-time, a quick call would be appreciated to ensure our availability Vanessa 416-574-1112 or Josie 416-606-4349 or e-mail josie@telsec.net.

Cost Comparison of Different Office Solutions

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Creative ideas for Home Offices

Cost Comparison of Different Office Solutions

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Creative ideas for Home Offices

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