Small Businesses Succeed Despite COVID-19 Closures
Artists and freelancers cut costs through renting private space at OFFIX Studio
Many small businesses were forced to shut their doors due to financial instability amidst the pandemic. Some of these businesses sought creative solutions to cut large costs, such as rent. Artists, freelancers and other small business owners need professional space without the costs of unnecessary storefronts. The pandemic has allowed for these small business owners to shift focus on nurturing their client relationships with appointment-only booking. By downsizing their square footage and renting with OFFIX Studio, they have made more meaningful relationships with their clients and allocated the money they would have paid in rent to promote their business online.
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OFFIX Studio members have seen continued success since its opening in July, 2020. The shift in the commercial real estate industry has caused an increase in demand for private space as opposed to large retail space. Small businesses will continue to rely on affordable rent, creative solutions, and smaller one on one spaces for years to come. The newest OFFIX Studio location in Ravenswood will offer a solution for small businesses in the neighborhood to rent private space at an affordable price.
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“They provide an environment where a small business owner can start with one, two or three offices and quickly expand without having to negotiate a full lease,” said John Pagone, Managing Partner of Villa Capital, owner of the building where OFFIX is housed in Chicago’s Pilsen neighborhood. “The ability to expand quickly without having to source the required furniture and ancillary items affords these businesses the flexibility to grow while being nimble.”
About OFFIX: OFFIX Studio offers boutique private space and smart solutions for small businesses. Focused on the local community, OFFIX and OFFIX Studio are located in your neighborhood near your home in Wicker Park, Pilsen, Lincolnwood, and Ravenswood. Designed with your business in mind, OFFIX is your space to create.
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