#office-space

Over 350,000 square feet of office space - Southside Quarter

Class A Office Space - Southside Quarter

Running a start-up and making it reach greater heights is no mean task. Spending an exorbitant amount of money on real estate just to have a roof over the head is the last thing a small or growing business would want to do. It’s usually lean times all the time! A blessing in disguise for such companies is another booming business—a coworking space. The concept of multiple businesses – start-ups, entrepreneurs, small companies, freelancers, etc. - sharing an office spacehas given rise to a thriving shared economy in India and the world over.

That’s not all!

The rise in start-up aspiration across all agesalso makes coworking a preferred choice for new and budding entrepreneurs who want to have their own space without putting too many resources at stake. So it’s for all the right reasons why coworking spaces are the growing trend in India.

Benefits of coworking spaces for small and growing businesses

There are multiple surveys which indicate that a majority of the working population prefers coworking to traditional workplaces. Perhaps that’s the reason why about 62 percent of shared space owners want to expand their spaces to accommodate more such people, according to the Global Coworking Survey. Shared office spaces are inexpensive alternatives to leasing or renting a costly traditional office space, especially in prime areas. For instance, the amount you pay for a coworking in Gurgaon is considerably lower as compared to a rented or leased office space in the same location. The fact that they come with a host of other benefits other than the cost adds up in the favour of why coworking spaces are the ideal choice for small and growing companies. Here are more reasons why it’s a boon for such businesses.

1.      It offers a sustainable community-driven environment

When a shared office space is used by individuals from different backgrounds and with varied expertise, networking and interactions between those individuals create a sense of community that’s hard to find in traditional work environments. For example, a coworking space for freelancers in Gurgaonwill also have a community of start-up entrepreneurs, self-employed professionals, and other like-minded individuals. Members of this community, together, create a more conducive and more productive work environment. And it is such an environment that every small and growing organization needs.

2.      It provides an open work culture

Coworking spacesare a welcome change from the usual, stale culture common in corporates. The conducive work environment and the support network available in shared spaces gives rise to an open work culture that doesn’t have any place for office politics and other negativities that are detrimental to the growth of a small company. It fosters a sense of rapport among the coworkers and encourages them to share their ideas with each other. This prevents small and growing companies from getting distracted by mundane issues and allows them to focus their attention on their business.

3.      It helps attract and retain talented resources

Times are changing. So is the work culture. Today’s young generation doesn’t want to spend their entire day in cabins and cubicles. They don’t prefer spending hours and hours in the traffic on their way to and back from the office either. They are looking for a work culture that allows them to bring out their best and a co-working place does just that. Conveniently located near to the metro connectivity, the shared office at DLF Cyber City provides ease of access to the talented resources. Consequently, shared offices help small companies to attract and retain talented resources.

4.      It provides a platform for innovation and collaboration

Collaboration is the backbone of most small and growing businesses. Closed offices can limit the interaction and collaboration small businesses have with the outside world. Shared spaces are great opportunities for small and growing businesses to interact with other businesses or skilled individuals. They are also great places to find new talent. If you’re a small business in the Gurgaon / Delhi-NCR area looking for a professional with a specific skill without adding to your workforce, you have more chances of finding the right person at a coworking space, Gurgaon than at any other platform. And it’s common knowledge that collaboration inspires innovation.

5.      It allows flexibility even on a budget

Small and growing businesses often have a limited budget to find the perfect office space. They don’t have to look too far or beyond their stipulated budget with coworking spaces offering a tailor-made space to suit their specific requirements. These places not only turn out to be budget-friendly, but they also allow the flexibility of space. Co-working office space near NH8, shared office near the Huda City Centre Metro station and at the JMD Megapolis, Sohna Road come at very budget-friendly pricing. Budding companies can scale anytime they want as coworking offices allow them to add to their required space without having to move to a new location and other logistical challenges.

6.      It helps save costs on amenities and facilities

Bills for facilities and amenities, such as high-speed internet, meeting rooms with both audio and video capabilities, printers, scanners, food and beverage kiosks, coffee machines, mail handling, and parking space, among others, can easily add up. These can claw into companies’ budget with the only option being compromising on some or most of them. Most coworking spaces are fully equipped with all or most of these amenities, available for their members to use.

Go unconventional with a shared office space

How To Make Mondays NOT Suck #49: Implanting a way to show off your creativity and boost production along the way.

How to Make Mondays NOT Suck is a strategic and sometimes satirical mini-series that will make your Mondays less …sucky.

If this is your first time embarking on a Make Mondays NOT Suck (#MMNS) journey, we suggest that read this first. Because let’s face it, as optimistic as we may be, we still think that Mondays Suck

  Why Does This Monday Suck? (Click here to tell us why yours does!)

The Monday…

A view of the loft

3rd Ave, San Mateo, a beautiful May morning, as I biked into work today…