Why a switch to co-working spaces is the best decision you’ll ever make?

Every business owner, whether it be a budding entrepreneur or an entrepreneur adorning the pages of Forbes magazine knows that renting your own office space involves a huge investment.

Over the years, various researches endeavored to map the productivity of an employee, most of which pointed towards a better work environment to achieve greater heights. The past few decades, therefore, were devoted to an evolution in the workplace, observing significant structural change in office spaces.

Short Term or Long Term – You Choose!

Renting your own office space in a Grade A commercial building (the highest quality of buildings provided by the builders) mandates a minimum lock in period of 5 years.

On the contrary, renting out your own private office in a business centre will let your business be free if things don’t go as planned. At iSprout Business Centre, we customize your contract to meet your business requirements and nuances.

A company can save as much as 30% on operational costs alone by switching to a business centre setup. Lower rentals, flexibility, no initial capital cost are few of the many factors prompting companies to prefer business centres over other forms of office spaces.

A company can save as much as 30% on operational costs alone by switching to a business centre setup. Lower rentals, flexibility, no initial capital cost are few of the many factors prompting companies to prefer business centres over other forms of office spaces.

Prestigious Location and address

Having a prime business location not only enhances professional perception, it also makes a good first impression on potential clients, vendors, employees, financiers etc. The minimum area leased out in a Grade A commercial building located in a prime location is 50,000 SFT which may prove too big and inessential for a company with less than 1000 employees.

Effectiveness and productivity

As per a study conducted by Office Vibe, the co-working environment has made 64 percent entrepreneurs more productive, 90 percent more confident, and 68 percent more focused.

A Business Centre has numerous facilities like internet connections, meeting rooms, printing, telephone, video conferencing, fully equipped cafeteria, professional front office team, Gofer. This means you can move in and get to work in hours, instead of weeks.

Co-working – a cost effective, new age concept of networking

Co-working spaces give you the unique opportunity to network with other entrepreneurs and businesses residing within the same facility. Cafes and common areas in shared office spaces often become a breeding ground for networking, sharing information and knowledge with fellow co-workers. It is an opportunity to interact with people from varying professional backgrounds, who would likely be a useful connection and this in turn can be converted into generating leads and partnership opportunities.

June 4, 2018