The concept of coworking has now become immensely popular among startups or small scale enterprises. Every business needs a physical office space. However, startups often do not have enough capital to make a high investment in developing or renting office space. They seek a low budget solution. Coworking spaces are ideal for them, as these commercial spaces are shared between different companies. Sharing office space reduces office rental costs for startups. However, coworking is not all about a low budget office rental solution. Small businesses and startups prefer coworking these days to avail of various facilities that coworking spaces feature. In the following section, we shall find out the services coworking spaces can offer.
Collaborative Working Environment
The critical thing that separates coworking spaces from traditional office spaces is the collaborative working environment. At coworking spaces, multiple businesses can collaborate. It helps all those businesses to grow collectively. For example, a startup may need software development, web development, employee recruitment, and many other services. Finding the right service provider is crucial for startups. At coworking spaces, most of the service providers can be found working in the same shared office space. As a result, businesses get mutually benefitted by collaborating.
More than the Basic Office Infrastructure
If you choose coworking space or sharing office for rent in Hyderabad, your business can avail of a lot of facilities that may not be obtained with the conventional office rental. Coworking spaces offer more than necessary office infrastructure to businesses. The facilities that you can avail of at coworking spaces are listed below.
- Reception desk
- High-speed internet service
- Shared printer and scanner
- Kitchen and cafeteria
- Conference hall
- Business meeting room
Innovative Work Space
Coworking has pushed the idea of creative office design. Coworking spaces look different from the conventional office spaces. Many coworking spaces even offer outdoor working areas. Instead of working under the artificial lights, it is refreshing to work under the natural lights. Creative office ambiance helps the employees to stay motivated and focused on their tasks. At such office ambiance, employers can obtain the highest productivity from the employees. When employees are productive, a business grows steadily.
Separate Meeting and Conference Rooms
For holding client meetings and board meetings, startups need privacy. Do the coworking spaces offer enough privacy to the startups for arranging their essential meetings? Well, most of the coworking spaces offer separate meeting rooms and conference rooms. At the meeting rooms, companies can hold their annual board meetings, client meetings, etc. These meeting rooms are equipped with amenities, like Wi-Fi, computers, projectors, etc. The conference rooms are ideal for holding a general meeting with employees, workshops, etc. At a furnished office for rent in Hyderabad, businesses can also obtain employee training rooms.
Space for Recreational Activities
In today’s time, businesses give importance to employee satisfaction and motivation. Employees are considered as assets, and thus investing in keeping them motivated will help a business to grow seamlessly. Creative work ambiance and good work culture are the most crucial things to keep the employees focused on their works. To further enhance employee satisfaction, arrangements for recreational activities have been made. This is one of the notable services coworking spaces can offer. For recreation of employees, coworking spaces feature music rooms, yoga rooms, gym, indoor playing areas, etc. Participating in recreational activities helps the employees to remain stress-free.
Facility to Arrange Business Events
In the case of a traditional rented office, businesses cannot avail of the facility to hold business events, like success parties, corporate parties, etc. To conduct such business events, separate venues are needed to be rented. It leads to additional expenses for the businesses. At the coworking spaces, different rooms are there for arranging the business events. Companies may need to pay some fees to avail of these event spaces. However, the cost is way lower when compared with the cost of renting a separate venue to conduct business events.
Discounts for the Startups
Nothing can get better for the startups if they are offered a decent discount on the office rent. At traditional office spaces, the scope for getting a discount on the fee is low. But, coworking spaces can provide luring discounts to startups.
Nowadays, coworking spaces are more suitable for startups, as the shared office spaces offer the facilities that are mentioned above. On top of those facilities, coworking is a budget-friendly choice for businesses.