The workplace has changed in recent years, from cubicles and private rooms to larger, more cooperative offices. In 2019, there were 4,043 coworking spaces in India alone.
Shared office spaces are increasingly common, while traditional office plans are becoming more expensive, but also due to the nature of the business itself. Technology has evolved to enable greater flexibility in location, communication, and capacity.
Even human behavior has changed, and we now live in a world after Uber, where real estate and services sharing has become a way to maximize profits and minimize costs. In a way, shared office spaces are similar to Airbnb for office spaces, allowing business owners to pay on the go and change their plan if necessary.
Delhi's office rent alone rose 20% in 2016, making it the second-highest growth rate in India for that year. Meanwhile, shared office space in Delhi has remained competitive in terms of offer and accessibility.
Here are some reasons why all companies should consider renting a shared office space:
While most companies can continue to operate remotely, shared office spaces create a common work destination, a place for routine and a way to do things. Rather than going to bed at home or getting distracted in a coffee shop, a shared office space motivates people to go out, communicate with others, and focus on their work priorities. The environment can vary from a busy to a completely quiet environment, depending on the type of office and the work appointment you need.
Everyone has a unique routine. Some like to stand in front of another and leave early in the morning, others are night owls and prefer to work late at night. You will notice both full-time and part-time workers in the room. Regardless of your role or routine, coworking spaces are open as long as you have an ID so you can set your own hours. You can even choose to sign a long-term lease (for example, a 12-month lease) or a monthly lease.
The problem with remote computers has always been communication. When should meetings take place? At what times people are most productive? With one office space, team members can ask questions at the table or in the room, avoiding unopened emails and missed calls. Whiteboards on walls and tables also provide a visual way to collaborate with teams. But if you're looking for a more traditional design, meeting rooms are only available in the hallway.
Some people need a strong Coffee, to get through the day. Others may want to offer their visitors coffee or beer after a long meeting. At home or elsewhere, these may incur additional costs, but in our shared office spaces, they are included in the membership fee. At each new Coworking location, there is a kitchen with a modern coffee maker, microwave and refrigerator full of snacks and drinks.
All the standard equipment and services you expect in the offices are available: fax machines, printers, projectors, warehouses, conference rooms, telephone boxes and even a letterbox. Entrepreneurs may be less concerned about the cost of office supplies and focus on delivering their product or service.
You know the biggest advantage of shared office space? The professional community. Each tenant becomes part of a broader network of lawyers, salesmen, accountants, entrepreneurs, makers, artists and students. You can meet other tenants during online events, happy hours, lunch and learning. Your next partner, partner or customer may be across the hall from your private office.
Shared offices represent a new way of doing business in the 21st century. They are more flexible, adaptable and affordable than even the largest traditional offices available. Shared office spaces allow businesses to focus on business rather than keep an old and busy office.
Read more about which office space your brand can offer at our different prices.