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A coworking space in Berlin. Coworking is an arrangement in which workers for different companies share an office space. It allows cost savings and convenience through the use of common infrastructures, such as equipment, utilities and receptionist and custodial services, and in some cases refreshments and parcel acceptance services. [1]
The main benefit of sharing an office is that it provides a more dynamic environment for both companies involved and access to new markets. However, sharing office space does come with some problems of its own: Higher office management costs (cleaning services, printer ink, office supplies and so on) Faster wear and tear of office equipment
A serviced office broker will commonly help business center owners and facility management companies to rent serviced office space. Companies offering serviced offices are generally able to offer more flexible rental terms, as opposed to a conventional leased office which may require furnishing, equipment, and more restrictive leases.
Garrott and Ain shared office space in the Granada Building beginning in 1940. [ 8 ] [ 9 ] Then they worked together in a "loose partnership" in the 1940s and 50s, and together designed a small office building that they shared in the Silver Lake neighborhood of Los Angeles.
Even with the tripling of space in the 246 Building (which was finally dedicated on the 25th anniversary of the company), Farm Bureau Mutual still had insufficient office space and began opening regional offices in 1951. In 1955, Farm Bureau Mutual changed its name to Nationwide Insurance, a name by which it is commonly known today.
The NCUSIF does not cover brokerage accounts, insurance products or safe deposit box contents, because these are not share accounts. The NCUA provides standard deposit insurance of $250,000 per ...
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