How Make Money From Your Office Space When You’re not Using it

Having a dedicated office space, whether it’s outside of your home or not, is helpful for productivity, especially if you have employees or on-site freelancers. Often, office spaces lie dormant on certain days of the week or seasons of the year. If this is the case for you, here are some creative ways to transform your office into a multi-purpose space.

Home Office on Weekdays, Bedroom on the Weekend

If the office is in your home, a natural way to use the room in the off time is by using it as a guest bedroom. If you haven’t got any guests coming to visit, you can advertise the room on AirBnB and earn some extra money from it while you’re not using your office. Depending on the size of the room, you may want to install a murphy bed. This way, it will be protected from dust while not being used, and you will remain focused when you’re working. Similarly, you may want to purchase a work station that can be closed and even locked if you’ll be inviting others to stay in the room.

Office Space Turns Event Venue 

A larger off-site office can be rented to other businesses for a temporary office or event space. Any office or lounge furniture can be outfitted swivel casters with lock so the building can be quickly altered to suit the renters’ needs. There are many businesses and individuals who need this service, who do not want to take on a full-time lease. You can advertise your space yourself, or partner with a business such as We Work. If you choose to do the advertising, be creative about who you target. Look on Meetup to find groups who may need a space for a gathering or an event, or let local artists know that you have a venue where they could do a pop-up gallery.

Desk Rental to a Weekend Warrior

If your office space isn’t suitable for a bedroom or event space, you can offer it to a local weekend warrior. Many people are working on projects outside of their nine-to-five and need a place where they can go without distractions.

Don’t let your office space go idle if it doesn’t have to; use it as another source of income. Let these ideas inspire you to think of ways to use your office in the down-time, and offset some of your business expenses.

The post How Make Money From Your Office Space When You’re not Using it appeared first on Smart Finance Choice.

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