Many startups and small companies are moving to coworking office space, where an office is shared by a number of businesses. If you're weighing your options and considering a coworking arrangement, there are some key benefits and potential drawbacks to sharing office space that you should be aware of.

With the proliferation of co-working space providers like WeWork, some companies are considering abandoning their traditional office space. Co-working environments have some unique benefits, but they are unlikely to completely replace traditional offices. After all, they represent an evolutionary step from the executive suite, and those facilities haven't crowded out regular tenancy.