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In the last few years, many startups and young investors have shunned big office operations recently. The heavy overhead simply no longer makes sense for many, especially with outsourcing to freelancers accounting for much of their staffing today.
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THEPERKSOFRENTINGA CO-WORKINGOFFICESPACE FORBUDDING ENTREPRENEURS
Justastechnologyandrealestatehaveevolvedoverthepastfewyears, sohasofficespaceand theoptionsforbuddingentrepreneursandtheirbusinesses. Inthelastfewyears, manystartupsandyounginvestorshaveshunnedbigofficeoperations recently. Theheavyoverheadsimplynolongermakessenseformany, especiallywith outsourcingtofreelancersaccountingformuchoftheirstaffingtoday. Othershavefoundhaving aretailstorefronttobeahugeboosttotheirbusinesseseventhoughitbringsmoreexpense. Workingfromhomeisoneofthebiggestperksof “beingyourownboss” today, butitisnotright foreveryone. Infact, itcanbeanightmareforthosewithspousesandchildrenathomeorthose thatthriveoninteraction. Allofthesereasonsmakeco-workingofficespacesincrediblyattractivetoinvestors.
CO-WORKING: THETHIRD-GENWORKINGSPACES Co-workingorsharedofficeshavebeenpoppingupalloverIndiaatarapidpace. Theyoffer aflexibleworkspaceatveryattractiveprices. Forlowmonthlyrates, independent professionalscangetaccesstoprofessionalofficespacewithagreataddress, fully- equippedwithbusinessequipment, high-speedinternetconnection, stunningconference rooms, andmore. Aco-workingspaceisnotausualofficeenvironmentwherethepeoplearoundyou (aka colleagues) areemployedbythesameemployer. Here, yougettoworkalongsideagroupof independent, self-motivatedpeoplewhodonotneedinstructionsfromotherpeopleonwhat needstogetdonefortheday. Theonlybosspresentataco-workingspaceisyou. Youare yourownbosshere. Yourco-workersarenotemployedbythesameemployer, remember?
AllthingssaidthisisalljustthetipoftheicebergwhenitcomestothebenefitsofleveragingAllthingssaidthisisalljustthetipoftheicebergwhenitcomestothebenefitsofleveraging co-workingspaces. Seasonedbusinessownersknowthattheirsuccessdirectlyrelatestothenumberofnew contactsthattheymakeeachday. Co-workingmakesmakingnewconnectionsand generatingnewleadseasy. Itimmersesinvestorsinapoolofotherprofessionals, andtheir clients, whilebuildinginnetworkingandevenfreepressandcollaborationopportunities — manyinvestorsdroptensofthousandsforthechanceofcreatingthesemoments! This providesahugeROIboostformarketingandanedgeovercompetitors. Infact, itisso powerfulthatsomemayconsiderjoiningoratleastregularlyvisitingseveraloftheseoffice spaceseachmonthasoneoftheirprimarybusinessstrategies.
Towrapthisup, co-workingspace isagoodalternativeworkspaceasourworkloadbecomesTowrapthisup, co-workingspace isagoodalternativeworkspaceasourworkloadbecomes moreandmoreremoteforcertainindustries. Intoday’sofficeenvironment, mostfunctional organizationsarenotnecessarilyin-housetomaketheorganizationmoreeffectiveintheir operations. Instead, whatdrivesbusinessestodayistheabilitytocollaboratewithdifferent companieswhocandothingsonabiggerscale, whileusingfewerresources. Thatiswhythis third-generationworkingspaceisflexible, easilyadaptable, andfast-growing. Relatedread: Howdoyouchoosetherightco-workingspaceforyourneeds?
READFULLPOSTHERE: http://eminencebyprakashtholia.com/the-perks-of-renting-a-co-working-office-space-for- budding-entrepreneurs/