A business model that provides a shared office space,management support services and management/legal advice to entrepreneurs is known as a spin-off company.

Question

Quizplus · Accepted Answer

The described business model is actually referred to as a business incubator or co-working space, not a spin-off company. A spin-off company is a new company that is created from an existing company, typically as a result of a new business opportunity or technology.

A Business Model That Provides a Shared Office Space,management Support