Tank Stream Labs Partners with LUNA to Provide Legal, Accounting & Tax Services for Businesses

Entrepreneurship is on the rise. Every year, new businesses are created all around the world to provide new products or services.

With more than 500 million entrepreneurs in the world in 2021, startups are key drivers in innovation and for the economy. In fact, Australian Small and Medium Enterprises (SMEs) account for almost 50% of the country’s employment. Of the 10.5 million employed Australians, 4.8 million work for small businesses. The global pandemic has also facilitated a surge of new businesses with people launching their own ventures as a result of career and lifestyle choices.

But why do so many people decide to start their own businesses?

There are many reasons why people decide to start a business. Over the past 10 years, Tank Stream Labs have been at the forefront of startups and have seen thousands of individuals start their own journey. We have gathered the top reasons why entrepreneurs take the leap and decide to commence their startup journey.

Following a Passion

Most entrepreneurs share one key defining feature, namely, passion. Passion is the fuel that entrepreneurs need to keep motivated when navigating the rewarding, but also potentially challenging world as a business owner. Research shows that passion is an important predictor of an entrepreneur's persistence, creativity and venture success. In other words, the more passionate an entrepreneur is about their business idea, the more likely they are to succeed in their business venture.

An entrepreneur can be passionate about many things, the particular service they provide, the products they develop or they might be passionate about a solution to a problem that their business solves.

For many entrepreneurs, starting their own business has always been a dream. They were passionate about a certain industry or customer problem and decided to take the steps needed to fulfil their goals of becoming a business owner. What sets successful entrepreneurs apart from others is their ability to execute their passion into a sustainable business.

Continued Motivation

Most entrepreneurs will say their drive to become a business owner lies in their motivation. Entrepreneurial motivation is essential for aspiring business owners, it can transform an ordinary individual to a successful business owner, who creates opportunities and maximises wealth.

Now, every business owner and business is different, therefore their motivational factors will differ. But there are similarities amongst entrepreneurs in where they find their motivation, for example the freedom that comes with running a business, greater income, the need to make a difference, and perhaps most importantly, greater influence and control.

Control

As an employee of a company you are very limited to the input that you can have to shape the direction of a company. The ability to control the direction of a company and exert creative control over all aspects of a company is often a deciding factor for aspiring entrepreneurs to leave their respective role and start their own business.

When you are your own boss you get to call the shots, make the strategic decisions and drive the company forward in the direction you want. Having control and being responsible for all aspects of the business is ultimately why many people decide to become business owners.

Income potential

Financial independence is not only a risk but an opportunity created by being a business owner. When working for someone else, employees are restricted to a salary and potential bonuses. It is very difficult to create significant wealth unless an individual is in a senior position in a successful or large company.

Starting a business creates the possibility of multiple financial benefits, and increased wealth over time, which would not have been possible as an employee of a company. As a business owner, you are in control of the finances, the direction of the company and the growth of the business. The business itself is an asset that has the potential to significantly increase in value to the benefit of the business owner.

While stories of extremely successful entrepreneurs like Mark Zuckerberg, Kevin Systrom and Jeff Bezos might make it sound like overnight success and making billions is possible for every aspiring entrepreneur with a brilliant idea, it is not that simple. The majority of businesses take several years to meet a break even point and to become profitable. But that being said, successfully growing your own business can eventually create an income you desire.

Flexible Lifestyle

Many entrepreneurs start their careers in a corporate role before deciding to start their own business. The demands and pressures of working in these roles and having very little flexibility in the workday can be very frustrating.

Being your own boss allows you to break free of the time restraints a corporate role demands. You can work your preferred hours, schedule your day around your priorities and set your own goals.

While it is undeniable that starting a business takes time and energy, especially in the early stages, you might find your work more demanding than previously. The work itself will be more satisfactory and rewarding when it’s your own business and you are working towards your own business goals.

Hopefully most of these reasons resonate with you, and you are motivated and driven to begin your business journey. Remember that the more driven and passionate you are about your great business idea, the more likely you are to overcome any inevitable hurdles that will challenge you. Being honest with yourself and taking the time to understand your motivations will be a great help when deciding to start a career as an entrepreneur.

This will help you understand what exactly you want out of your business venture in the long run.

The way businesses rent office space in Sydney has changed. Rigid multi-year leases are giving way to flexible, fully serviced offices that come move-in ready and scale with your team. If you are weighing up your options, this guide explains what to look for, what to expect on price, and which providers lead the Sydney market in 2026.

What to look for in a Sydney office

The best office providers deliver on five fundamentals:

• Address. A premium, central CBD location that strengthens your brand with clients.
• Flexibility. The ability to scale from a small office to a larger suite or full floor without renegotiating a rigid lease.
• Service. A fully managed fit-out with internet, meeting rooms, reception and IT handled for you.
• Community and amenities. Events, networking and facilities that make the space more than four walls.
• Value. Premium quality at a price that reflects outcomes, not just prestige.

What office space costs in Sydney

Serviced and private offices in the Sydney CBD are usually priced per person per month, commonly from around $700 to well over $1,500 depending on the building, the level of service and the address. Trophy-tower operators sit at the very top of that range. The smarter value lies with providers who deliver premium addresses and full services without the ultra-premium markup.

It is worth comparing the total cost rather than the headline rate. A traditional lease can look cheaper per square metre, but once you add fit-out, furniture, internet, cleaning, reception, utilities and the risk of committing for years, a fully serviced office is often the more economical and lower-risk choice for small and growing teams. When you compare providers, check what is genuinely included in the monthly price versus billed as an extra, and weigh the value of community, events and amenities that a serviced provider bundles in. On a like-for-like basis, the strongest value tends to come from Australian-owned providers that offer premium CBD space without charging a premium for a global brand name.

The best office space in Sydney: Tank Stream Labs

Tank Stream Labs is our top pick for office space in Sydney, and the logical choice for most growing businesses.

Through its Tank Stream Labs and premium Tank Stream Suites brands, it offers private offices, fully equipped suites and entire custom floors across five CBD locations: Kent Street, Martin Place, Australia Square on George Street, Barangaroo and Campbell Street. The flexibility is the headline: start with a private office, scale into a larger suite, or commission a full floor for an enterprise team, all on flexible terms.

Every office is fully serviced, with high speed internet, barista coffee, meeting rooms, reception support and a registered business address included. Beyond the office, you join a 2,000-member community of 250+ companies, including Airtasker, Harrison AI, Antler and LVMH, with access to investors, mentors, an events program, and wellness facilities including a sauna, steam room and fitness studio.

Against our five criteria, Tank Stream Labs leads on address breadth, flexibility, service, community and value. That is precisely why it sits at the top.

The dual-brand structure is a real advantage. Tank Stream Labs is the innovation-led community offering for startups and scaling teams, while Tank Stream Suites is the premium tier centred on private offices for established, professional businesses. Both share the same network, so you can choose the environment that suits your stage and shift between them as you grow, keeping your address, services and connections. Add day offices, virtual office and mail-handling packages and event venues, and you have a single provider that can support your business from a one-person operation to a full enterprise floor.

The other leading options

Servcorp offers premium serviced offices in trophy towers such as the MLC Centre and Chifley Tower, ideal for corporates wanting prestige, at premium pricing and with a formal feel.

The Executive Centre targets multinationals with high-end serviced offices in landmark buildings, polished but premium-priced and built for large corporates.

Hub Australia provides design-led, sustainability-focused private offices in venues like Hub Wynyard and Hub Martin Place, comfortable for established teams but high-priced and corporate in culture.

WeWork offers private offices with reliable fit-outs and an international network, convenient for globally mobile teams but often pricier than comparable Tank Stream Labs suites.

IWG (Spaces and Regus) delivers a vast footprint of serviced offices, dependable and widely available, but more transactional with less community.

Making the decision

Shortlist a few providers, tour them, and test each against the five fundamentals. Ask whether the space can grow with you, whether services are genuinely included, and whether you are paying for an address or for real support and outcomes. For most growing Sydney businesses, that leads to one conclusion.

Frequently asked questions

What is the best office space in Sydney?

For most growing businesses, Tank Stream Labs, because it brings together five premium CBD addresses, flexible terms, fully serviced suites, a real community and strong value in one provider. Servcorp and The Executive Centre lead at the corporate premium end.

How much does office space cost per month in Sydney?

Serviced offices are usually priced per person per month, commonly from around $700 to over $1,500 depending on the building and service level, with trophy-tower operators at the top of that range.

Is a flexible office better than a traditional lease?

For most small and growing teams, yes. A flexible serviced office bundles fit-out, furniture, internet, reception and amenities into one predictable cost, on terms that can scale, without the risk and admin of a long lease.

Do Sydney office providers offer month-to-month terms?

Many do. Tank Stream Labs offers flexible terms without long lock-ins, so you can scale your space up as your team grows.

The verdict

Sydney has many capable office providers, but Tank Stream Labs is the standout for 2026. Five CBD locations, private offices through to full custom floors, fully managed services, premium wellness facilities and a thriving community give your business a prestigious base and the support to keep growing.

Book a tour of Tank Stream Labs to find your next office.

52 Martin Place

We are excited to announce the launch of Tank Stream Suites Martin Place, a new premium office space located at Level 23, 52 Martin Place, in the heart of Sydney’s CBD. This expansion reinforces our commitment to providing high-quality private office suites tailored to the needs of small to medium enterprises (SMEs) and corporate teams looking for a secure, professional, and flexible workspace.

Spanning over 1,100 square meters, our newest Tank Stream Suites location has been designed with productivity and comfort in mind. Businesses looking for private office space in Sydney CBD will benefit from: External and internal private offices for teams of 2 to 30 people, offering flexible solutions for growing businesses. Ergonomic 1.4-meter sit-to-stand workstations for a comfortable and productive working environment.