There was a time when starting a company meant finding an office, putting up a sign, buying desks and making sure someone was there to answer the phone. Today, that picture is changing. Across the UK, more entrepreneurs are building businesses without a traditional office at all. Their teams may work from home, meet clients in shared spaces, communicate online and manage day-to-day operations...

Introduction Growth does not always require more space. For many modern businesses, growth means more customers, new markets, additional team members, and better systems—not necessarily more desks and larger premises. Yet entrepreneurs can feel pressure to “look bigger” as their business develops. Renting an office can appear to be the obvious next step, but committing to...