Advantages of Workspace in Bangalore - Part 2

1. Advantages of Business Center for your Workspace PART 2

2. General and Administrative Operating Expenses • After taking into account the upfront costs associated with opening an office, the monthly recurring expenses should be assessed. CoworkingSpace Bangalore

3. There will be expenses for telecommunications services, office payroll and benefits, kitchen/café supplies, office supplies, building operating expenses and repairs and maintenance; expenses that can easily run several thousand dollars a month. CoworkingSpace Bangalore

4. Resources and Time management • It takes a considerable amount of time to research, negotiate, hire and administrate the functions required to start an office and also requires ongoing resources to manage it. CoworkingSpace Bangalore

5. It will likely also take longer if the client has not done it before; knowing where to start and what to purchase, especially in the technology arena, can be especially overwhelming and mistakes for wrong decisions or overpaying for major items can be costly. CoworkingSpace Bangalore

6. Office business center providers are experts in these areas and include it in the service they provide. These services are typically invoiced on one invoice, once a month which also reduces processing time for the services rendered. CoworkingSpace Bangalore

7. Complete Liability • The liability difference between entering and being on the hook for a conventional lease agreement, which is typically 5-10 years, and that of an executive suite business center agreement with flexible, scalable terms should be taken into consideration in comparing the actual cost difference. CoworkingSpace Bangalore

8. Many businesses get into trouble by over paying for too much space and end up in bankruptcy courts for relief and protection from their lease obligations. This result may have been avoided if there was not a long term lease obligation. CoworkingSpace Bangalore

9. Time Management • Office Business Centers handle the details of operating the workplace so their clients can focus valuable time on their core business. Most experts can make more money by doing what they know and do best. The business center option allows this. CoworkingSpace Bangalore

10. If all of these factors taken into comparing the cost difference, it is not unusual for the business center option to be somewhere between 30-40% less than conventional Commercial Office Space inBangalorewhen comparing actual expenses and overall exposure. CoworkingSpace Bangalore

11. Many times a business can enjoy a more upscale workplace environment than they can through conventional office space options, which make the Office Business Center an attractive alternative to traditional office space. CoworkingSpace Bangalore

12. THANK YOU !