An increasing number of coworking spaces in Indian metros are conveying a message to budding entrepreneurs, startups, big organizations that they are here to stay and grow. Coworking spaces have been an answer for the startups and that is getting a boost by the Startup India initiative. A decade ago, coworking spaces did not exist. Just the idea of shared office space was not accepted. The concept of coworking space has evolved and has now been widely accepted across the industry around the globe. The availability of talent across various metros, and tier II and tier III cities are encouraging the industries to utilize coworking spaces.
Here let’s look at how furnished office spaces are paving the path for small businesses to survive and grow.
Zero Waiting Time- Aids to get productive immediately
Current working culture values time more than anything else. The uninterrupted high internet speed and technically advanced gadgets have made the working personnel ace up in their career. At the same time, the millennial generation is used to a life that is available ready instantly. Similarly, the millennial generation does not shy away from trying out new ideas and venture out to untrodden paths. For this set of people, coworking space has proven to be a perfect solution. The furnished office space is an opportunity to start working in a matter of minutes. They can be productive instantly. Coworking space is just what they need without heavy deposits, long lease agreements, and not the least the search for office space.
Coworking space offers better returns per square measurement
On taking the entire list of the amenities required to work productively for an established office space to coworking space the payment on coworking space is economical. All a freelancer needs to do is just walk into the coworking space, check out the features to suit their requirements, verify the pricing options, and select the one suiting their requirements and take membership. They can start working instantly. They get all the facilities of well-established office space such as reception desk, virtual assistants, pantry with beverages and snacks, office supplies such as printers, phones, and other utilities.
Coworking space boosts productivity
The small businesses can continue their operations for a longer duration at the coworking spaces as they do not pay for the facilities upfront. Time is crucial for upcoming businesses, startups, and budding entrepreneurs. The payment flexibility and pricing options offer them a longer duration with the economical pricing payment options. The shared office space provides the working environment with a group of professionals who are self-motivated and working towards their own goals. The environment is charged up and boosts individuals in the space to perform better than themselves. As per Harvard Business Review, professionals in the coworking space are found to thrive in their approach on an average of 6 on a 7 point scale. This conveys the productivity of the professionals in the plug and play office.
Work-Life balance
Professionals can choose the coworking space in Hyderabad convenient for their work and home. This choice saves their time, and effort for travel on an everyday basis. It is found that around 60% of working professionals utilizing the coworking space are relaxed and found to balance their work and life.
Workspaces are bright, inspiring, and attracts professionals
The plug and play offices are bright, airy with quotes and paints to soothe the minds of the professionals in their challenging tasks. The workspaces are ideal to conduct the team meetings when required and conduct professional meetings with vendors or clients. The coworking spaces designed aids in presenting the professionals to be at their business images and convey the same to their counterparts.
Offers Networking opportunities for growth
The ready office for rent spaces has personnel working from all walks of life. The place is occupied by freelancers, graphic designers, advertisement teams, financial analysts, and the list is endless. It is easier to find the professionals required. There are times when you get the professionals for a job without advertising and conducting interviews. This in turn saves time and effort for hiring purposes. There will be opportunities to get to know fellow workers during events organized in the coworking spaces.
How coworking spaces are aiding small businesses, budding entrepreneurs, and startups to survive and grow?
Below are the benefits that are attracting small businesses and aiding them to grow and succeed.
- Conduct their business without heavy investment in office space, and infrastructure
- Cost-effective and can carry on the work for a longer duration while bootstrapped
- The space offers ultra-modern facilities to display their professional image with counterparts
- Amazing opportunities to network across their peers
Apart from these, coworking spaces provide much more, which is the reason for their growth as well.
Coworking spaces at iKeva’s business center provide all the above-mentioned facilities to make work life easier for small businesses, budding entrepreneurs, and startups. The workspaces are available at three metros in India at Bengaluru, Hyderabad, and Mumbai. Call iKeva and speak to our professionals to decide on the pricing plan. iKeva offers flexibility to their professionals to utilize the spaces in any of the metros during their membership duration. So, call iKeva, and fix up the appointment for the site visit today.