Have you been wondering what a satellite office is?
In the post-covid era, the idea of satellite offices in regional hotspots has seen an enormous and rapid growth in its popularity. More and more companies are embracing the “new normal” and are exploring new ways to accommodate trends around flexible working.
What is a satellite office?
A satellite office can be defined as an organization’s branch located somewhere other than its main office’s physical location. These workspaces could be in the same town or can be hundreds of kilometers away from the main office, on a different continent. There size varies from a few desks for some employees to an ample workspace accommodating hundreds of employees. Companies big or small, are opting for satellite offices in different regions. Why would organizations consider satellite offices?
Benefits of a satellite office
Satellite offices help companies in solving several problems. They offer convenience for remote employees by saving their commuting time. These offices help organizations with one of the most critical factors for the success- efficient customer service. It can be a great way to close the gap between the brand and the customers. A satellite office is a great way to enhance the reach and establish a strong bond between the company and its customers.
Satellite office gives companies an opportunity to locate and recruit the best talent from the area with first-hand knowledge about the customer’s needs. These offices give an access to the organizations to reach new markets, people, and resources that can be integral for the growth.
Why Hyderabad is the perfect place to open a satellite office
Location: Location is the most crucial factor in real estate and is crucial in deciding the success of the satellite office. It should be easy to access for employees and should be strategically located in the middle of the talent pool. Hyderabad being a well-connected city with far lesser traffic jams is one of the top choices for the talents in the country. iSprout provides best coworking spaces in Hyderabad that can be ideal for the satellite offices.
Flexibility: The flexibility that is offered by short-term leases can be an attractive factor for companies who want to test waters in new markets. Conventional leases irk companies where they can find themselves stuck. Flexibility to expand the space or dissolve the office can allow the companies to pivot and experiment in different directions.
Cost: One of the fundamental concerns for companies planning to open a satellite office is cost. Rent and the occupancy costs together make the office functional. Planning for the satellite office needs a thorough study of the rates of amenities like electricity, Internet, cooling, maintenance, repairs, etc. Hyderabad offers low monthly costs and hence is becoming a hotspot for satellite offices.
Satellite offices are gaining popularity with all types of organizations as they allow companies to expand without worrying about overloading a particular location. Other significant factors include flexibility to employees, cost reduction, and accessibility to new markets. A satellite office in Hyderabad is a good move for your company if your business is growing at a rapid pace. Whether across the state or across the globe, a satellite office in Hyderabad can be a great step for the business to scale new heights. If you are interested in premium coworking spaces in Hyderabad, iSprout can be the one stop solution.