Co-working spaces have become widespread in Bengaluru due to the practical benefits they accrue to small businesses. These shared office spaces have improvised over time and adapted to the needs of the consumer. Every space available in Bengaluru now is equipped with hip-looking furniture, a bustling cafe, and a lively, high-octane millennial throng.
Having said that, every company has its own set of preferences and requirements, and therefore, the right choice of a shared office space will remain unique to your business and you.
With that in mind, let’s look into the prerequisite knowledge required before deciding on a shared office space.
Expense
With the range of options available in Bengaluru, shared office spaces memberships are obtainable at low costs and are a great choice for start-ups. Spaces are available at only Rs. 4,900 per seat, which helps save money on rent and utilities.
There are numerous things that determine the price of your shared working space.
For instance, the type of space you decide to rent is one of them. In Bengaluru, you may choose from three types of co-working options, flexible desks (hot desks), dedicated desks, and private cabins. The cost incurred will vary depending on your choice.
Some co-working spaces are designed to provide a luxurious experience with deluxe facilities such as a gourmet café, a gaming area, and plush lounges, with frills such as filtered water flavored with fruit. Of course, in addition to standard features like high-quality office equipment, security, shared services (printers, employee pick up and drop, being some). It’s possible that some businesses may choose to pay a high price for a more aesthetically pleasing environment. Bengaluru is home to a number of shared office spaces that provide its tenants with modern desks and other office furnishings as well as access to premium office supplies. Spaces like this are an option for businesses that prioritize their workers’ morale and happiness.
Whilst looking for the perfect choice for a shared office space, businesses must consider the best option available within their budget.
Location
Location is a vital element in the search for the perfect shared office space. Choose a micro-market that is favorable to your business, that increases employee productivity, and allows your business to network and expand.
The choice of the location is also a determinant of the cost and therefore many businesses prioritize location, convenience and proximity when researching the right co-working office space.
If you’re in need of a co-working space in Bengaluru, it’s important to choose one in the most favorable and convenient locations.
Networking
Co-working spaces have made it easy for new and existing companies to socialize and network. In Bengaluru these shared office spaces provide an excellent opportunity to businesses to make connections, helping them expand their companies. Several co-working spaces also conduct workshops and other networking activities. Therefore, for businesses that are looking to broaden their network and in turn their company and customer base, must prioritize this advantage being provided at co-working office spaces.
Rentals
The leases at co-working spaces are flexible and an attractive feature for business owners. The temporary nature of the co-working office space memberships allow growing businesses to easily widen their company, or move out according to their convenience. In addition, some shared office locations provide short-term memberships such as daily or weekly passes. The monthly leasing costs for businesses will be greatly reduced as a result of this.
Conclusion
Co-working spaces in Bangalore provide everything you need to get work done, with a wide range of prices to choose from.
In terms of office space, it’s crucial to know exactly what’s needed and what’s not. For a bootstrapped company, a co-working space’s utility features might be important, hence they might avoid a plush waiting area, a gourmet café, or well, fruit-infused water. At the same time, it’s crucial to consider factors like pricing, ease of upsizing and downsizing, reliable internet connection, cleanliness, and accessibility around the clock. Simply said, you should try to find a place where you can get a good price, with all the necessities.
With accessibility to a one-day ticket to work at these shared office spaces, a variety of these spaces can be analyzed before choosing the perfect pick fitting the needs of a distinct company.
Co-working spaces are definitely the future of office spaces due to its adaptability to the different needs of all divisions of a business.