With the boom in e-commerce, many start-ups, before actually finding a professional office space and building a team, used to work from their bedrooms, kitchen, garage, basement and living rooms. An idea can germinate at any place, but it requires a perfect ambience and nourishment for execution.
For this execution to come into existence, the advent of co-working spaces became a trend that is being followed by the world today. This has brought about a major shift from owing a conventional office space that ties up the capital.
Rather than considering to work from home, many start-ups and business owners are now finding a shared office space as the most desired option. To your amusement, it is not just the start-ups or entrepreneurs who are opting for such a set-up, even, major MNCs and corporate houses consider using this option for their back-office work.
Viral trend
This trend is becoming viral just because, one, it is cost-effective and two, it gives one a perfect professional set-up wherein one can work efficiently. The efficiency of doing the same work increases many times when one is provided with a professional environment to work. It helps in sustaining interest in your business which otherwise could have been relegated to doing some other menial work in any corner of your home.
Building confident entrepreneurs
Those who are using such co-working spaces claim to beat conventional working space hands down. The level of confidence among those who considered using any other office space, be it a home or a conventional one, has risen considerably. They are now more confident in their dealings and reflect a professional approach towards their work.
Highly flexible
A shared office space provides them perfect flexibility to ply along with increasing their network. There are other bright minds who are also working towards making their business a success. Such an atmosphere induces buoyancy in your work and also increases your chances of getting noticed.
Amidst these co working spaces, nowadays, there are a lot of possibilities of expansion. When it is about being flexible, a lot of options are available for that take off stage when you are ready to build your team for a perfect execution. Business centres provide a lot of cushion to any hiccup you might experience during your business.
Pick and choose
The best point in opting for a shared office space is that you can actually pick and choose a convenient location that may be near your client base or your home. Such an elasticity increases the quotient of happiness that in turn reflects in your ease of doing business.
Feel connected instead of isolated
While working from home leaves you less motivated and isolated, opting to work in a shared office environment lets you breed new ideas and innovate. It helps you stay connected and be a part of a community. Moreover, you are also surrounded by technically advanced options on your desk to be connected to the world.
Access to professionally ethical space: Meeting rooms
Working from home might make you happy but meeting your clients at home will never make your business prosper. This might lead you to meet them in public places like restaurants and hotels which is professionally unethical. A shared office space lets you reflect a perfect professional image on your client with options of hiring a meeting room.
Earn that credibility of a professional office space even before you happen to meet your client. Preparing things in advance lets you play a safe and sure game. With various technically advanced options like video conferencing for a client who needs to access his headquarter situated abroad while in a meeting with you helps you score points already.
Why deliver your first ever business presentation in a background that is full of noise and unwanted glances. Doing it on a projector in a perfect professional set-up increases your chances of getting noticed and heard. Such meeting rooms are available with latest AV equipment to make your first impression a lasting one.
Metropolitan cities in India are not averse to this concept. In fact, there has been a lot of boom in this business of offering shared office space in Delhi, Mumbai, Kolkata, Chennai, Hyderabad, Pune, Bengaluru etc. Their business idea resonated with a demand that was untapped and needed an outlet for exposure. They worked out on how to keep the expenses of a new business minimum and yet get the best out of it. Here, it came out to be a successful business model for many others to emulate: co-working space provider.