COWORKING SPACES BETTER ALTERNATIVE FOR TRADITIONAL OFFICES
by AltF Coworking Space Coworking spacesOne of
the most important aspects of starting a new business is to invest in an
appropriate office space from where you want to operate your business. With a
large number of different types of commercial office spaces available for both
rent and purchase, new entrepreneurs tend to consider this a non-issue. That is
until they start counting in the various factors that deeply influence their
choice of an office space. Things like location, accessibility and pricing play
a major role in the choice of a perfect office space. These factors combined
with the hassles of maintaining an independent office spaces, has led to a
significant rise in the popularity of Coworking Space in Noida and other metros.
This has in turn given rise to the speculation of co-working spaces replacing
the traditional office spaces in the near future.
Reasons
Behind The Declining Popularity Of Traditional Office Spaces
Not too long ago, having
an independent office was considered essential for businesses to establish a
sense of trust and credibility amongst its clients. But with the onset of the
internet era and the growing preference for online shopping, the necessity for businesses
to have such office spaces has become redundant. Other factors including the
constantly soaring property prices, demand for more flexible work areas and the
need for easy accessibility and greater visibility has changed the whole
concept of setting up independent offices for a business.
Getting private
office spaces at a reasonable price within the commercial hub in any major
city is nothing less than a dream for most small entrepreneurs. At the same
time setting up offices in remote locations does not hold much value for the
venture. Most importantly with the rise of start-up culture, most businesses
seek office spaces that can be upsized and downsized in accordance with
business growth or lack thereof. Investing in traditional office spaces does
not resolve this problem of the entrepreneurs. Hence all these factors have
cumulatively led to the decline in the demand for traditional office spaces.
Do
Coworking Spaces Offer The Right Solution?
Whether
or not the coworking spaces offer the perfect solution to satisfy the office
space needs of entrepreneurs, is a matter of individual choice and preference.
However, it can be safely said that opting for shared office space in Gurgaon and other parts of
Delhi-NCR and Noida as well as other major cities can surely provide
significant benefits. These spaces are designed to meet the needs of the modern
way of working preferred by the millennial workforce. In addition, they
provide culturally and intellectually diverse work environment which inspires
creativity and enhances productivity. These spaces offer easy access to all the
essential facilities and amenities necessary for a modern office. These spaces
also go a long way in helping the entrepreneurs to cut down the overheads of
office maintenance and other essential infrastructure costs.
Discussed
below are some of the basic features or facilities that are offered by the
co-working spaces at a far lesser overall price than a traditional office
space:
1.
Lock-in Period: With
a coworking space there is no lock-in period attached. Usually with an
independent space the lock-in period ranges from 12 to 36 months. For
businesses, getting into a lock-in period either restricts their growth or
expansion due to less space or they end up taking a lot more space than what is
required, resulting in paying for under utilised space while there is no such
issue with co-working spaces.
2.
Scaling Up/Down: Upscaling
or downscaling of team is easier in a co-working space than an independent
office space because there are no lock-in periods attached & the notice
periods are usually of one month. This helps in saving cost & paying only
for the right amount of space that is required.
3.
Freedom From Cleanliness Woes: Whether a business runs from a small home office or a
multi-story complex, maintaining office cleanliness is essential. A clean and
clutter free office not only enhances the mood and productivity of the
workforce but also lays a lasting impression on any visitors. Most
entrepreneurs need to employ at least a couple of sanitary workers to maintain
the cleanliness of their premises. However, with coworking spaces the
entrepreneurs do not have to worry about this aspect of office maintenance as this
responsibility is handled by the space owners.
4.
Easy Access To Latest Tools: From high speed internet to latest printers and
scanners and other office paraphernalia, the co-working spaces offer the latest
tools and technology to prove a smooth and hassle free working experience to
the tenants. In addition, many such spaces also provide the availability round
the clock tech support services to minimize the loss of productivity due to any
sudden technical glitches.
5.
Customized Work Areas: One
of the most beneficial facilities offered by coworking spaces is that of
customized work areas. This means that the tenants can choose to rent out the
space equivalent to a single cubicle, a big conference room or even an entire
floor based on their needs. Moreover, the size of the space rented out does not
affect the facilities and services that can be availed by the tenants. Most
importantly, the tenants can add to their existing space or reduce it at almost
any time, depending upon their usage and business needs.
6.
Impressive & Well-thought Interiors: The interiors of most coworking
office spaces are designed with a great aesthetic appeal. This is done to
ensure a comfortable and relaxed work environment for the tenants to help
enhance their productivity. At the same time, these beautiful interiors go a
long way in laying a lasting impression on the clients and partners of the
tenants, who come to meet them.
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Created on Apr 19th 2023 05:39. Viewed 578 times.