10 facts about co-working that will make you think twice

1. 10 facts about co 10 facts about co- -working that will make you think twice working that will make you think twice Times have changed drastically and with it the whole working landscape. Now the companies are changing their strategies and are finding suitable ways to give their employees room for growth. Moreover now there is a growing demand for talent regardless of age now. And with the changed preferences and market behavior globally due to the pandemic, the businesses need to find the best way to leverage the potential of its employees without risking their safety. All of this has increased the popularity of coworking office space. We all know that half of the workers globally are working from home. However this trend cannot continue forever and there is an instant and effective need for a viable option for the companies to break this halt of unsteady growth. Some of the amazing facts about co-working office spaces will make you think twice before choosing an office space.

2. In India co-working office spaces have also sweeped their way in, especially in Delhi. Best coworking in Delhi has been one of the most prevalent things. In this article we will focus on the things that you must consider to choose a co-working office space. In addition to that we will also discuss co working in Delhi and what makes co-working in Delhi important for small and medium enterprises and startups at an early stage of maturity and why co-working in Delhi is something that a freelancer or a company situated in Delhi should consider? Freelancers also need a place to work The year 2020 has definitely been the year of freelancing. Most people did freelancing due to no access to a working or co-working office space, in their free time. Now this has been great for most people however studies have shown that the overall productivity of an employee has significantly decreased in this year. This decreased productivity is as a result of multiple distractions in the house and no availability of any co-workers around to motivate or criticize their work in progress. Most companies hire freelancers on a contract basis. This helps the company to increase its manpower and overall maximizes on getting a particular task done in the given timeframe. And on the other hand helps our freelancers to make some good amount of money and gain hands on experience to get more clients. So it is mutually benefitting. However let’s take a step back and think whether this will be a viable option given the fact that the freelancer works from home. Although working from home is great however there are many hurdles such as connectivity issues, distractions and other factors as discussed before. So to combat this, companies can shift their view towards the workspace. In cases where the company has more number of contract based employees a co-working office space is the best option without a second thought. Increases overall productivity

3. The co-working office space helps the company to decide its plan of action better. The co- working office space boosts the productivity of the freelance employees and makes them better at the project that they work with their co-workers around. The co-working office space boosts their sense of getting the work done at the scheduled time of the co-working office space and utilizes the rest of their time on other projects, at home. If we talk specifically about co-working in Delhi then, this whole coworking in Delhi thing is not new. Since Delhi is one of the hotspots of freelancing. So co-working in Delhi is quite common. Good networking of companies A co-working office space has a lot to offer. For starters the co-working office space gives ample opportunity for businesses to network with each other. This is one of the major factors for co-working in Delhi as well. Although the co-working office space scenario is almost the same everywhere. However looking from the perspective of a metropolitan city like Delhi, co-working in Delhi is very valid and must be practiced. Positive competition among the employees Co-working office spaces allow the employees to compete in a positive way. This helps in constructive team building by improving each other’s ability across the coworking working space and helping out others to follow in their footsteps. The company benefits a lot since it acts as a team building exercise for all the companies as the employees learn from strangers more than their own colleagues. Builds confidence in employees The coworking office spaces help the employees to build a lot of confidence. Since most of the time working within the same organisation without any outside contact with any other employee of some other company does not give the employees the idea of where they stand and what they should work on in order to improve.

4. Interacting with another employee of another company gives them insights into their own skills and helps them work on their interpersonal skills to develop a better personality in the corporate environment. This helps them build their confidence and boosts their work enthusiasm. Especially when working in a competitive market of Delhi coworking in Delhi is a viable option for an employee to build confidence to be a valuable asset in the sector. Profitable business Coworking office spaces help in making businesses profitable. Since the employees tend to work harder in such a productive environment thus such coworking office space helps in getting better output from the employees and boosts the profitability of the businesses. Opportunity to adapt new skills Most of the skills can be taken from the coworking counterparts and incorporated in your business. In fact most of the coworking companies do that very thing. For instance a company sharing a coworking in Delhi shares the office space with a digital marketing firm. Then it would be a great opportunity for them to learn how the whole realm of digital marketing works by partnering with their organization. Coworking space is flexible The best thing about coworking office spaces is that it does not hinder you in case you may have to move to someplace else to continue your business. Leaving such office is not a herculean task since all you need to do is clean your desk without any hefty paperwork, as is done in traditional leasing of a permanent private office. Why is co-working in Delhi important? Delhi is a business hub. Most of the promising enterprises hail from here. The commercial real estate spaces are in abundance here. So finding a co-working office space is easy here. Hence co-working in Delhi is easy to approach. And using a co-working office space has a lot of importance specifically in Delhi. First of all co-working in Delhi attributes to the healthy culture among employees of different businesses. Most businesses in Delhi are in an early stage and need a whole lot of networking.

5. The co-working in Delhi gives them that opportunity since the co-working office space creates an environment where sometimes the company gets to share the co-working office space with a well established company. Now while co-working in Delhi it could be that the niches of the companies may differ however some of the fundamentals that are requisite to any company is the importance of teamwork, corporate ethics and marketing and sales. Now, by sharing a co-working office space the company employees watch and learn how the employees of other companies bond and work together. By co-working in Delhi in such an environment gives the company a headstart in building such qualities early on. Moreover co-working in Delhi in that scenario opens various networking options. Most of the times the companies sharing the co-working office space happen to be working in sectors that can help eachother out. Sharing resources with each other helps them to collaborate on big projects together all because they happen to share the co working office space and that too by co-working in Delhi. Why is co-working in Delhi so common? From the discussion above it is evident that the popularity of co-working office space in Delhi is due to the rising number of small businesses and startups. Thus a significant demographic of the culture that fuels co-working in Delhi is very common. The startups are one of the prime examples of co-working in Delhi. Since co-working office spaces are one of the things that a startup desperately seeks. Why, you may ask? The reason is simple. Co-working office spaces are affordable and flexible. And a startup needs such options to help them save money so that they can invest in their research and development. Thus co-working in Delhi is a support system and lifeline for most of the startups. The culture of co-working in Delhi helps struggling startups sustain themselves and keep themselves up and running by cutting any unwanted costs of management or maintenance of the office space. Since the co-working office space provides them with a single receptionist or manager to look after all the entries and other managerial stuff. Thus minimizing the cost there.

6. Co-working in Delhi helps both the small businesses and startups based out of Delhi and the co- working office space owners. The co-working office space owners get rent from multiple companies at the same time. And the companies in turn pay less while collaborating and sharing the co-working office space in Delhi. Thus a win win situation for everyone. All thanks to co-working in Delhi.