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To explain what is a coworking space, let’s start by imagining a traditional office. As a company:
- You have to sign up for a long lease, usually 3 to 5 years or more.
- The entire interior and all furniture and equipment have already been paid for and installed
- The company just needs to focus on their own business
- That agreement can be short, or long, although most companies start off with a one year commitment