Why Co Working Space Is An Ideal Juncture For Startups?
Most of the startups along with some of the big corporates are moving to co-working space as there are numerous benefits of working with the same. Since the trend of startups has increased manifold, it results in the increasing number of coworking spaces or startup office mostly in the metro cities.
There are a lot of benefits of working with a coworking spaces which includes both financial & social network build up. Some of them are listed below-
- Flexibility- Startups also function on the concept of “survival of the fittest”. There are countable entrepreneurs who work on the similar ideations but ultimately there are just few which can survive in the competitive market. Office space on rent provides with flexibility in terms of the number of workstations as & when required. It implies that the finances only depend upon the number of actual people who occupy the workstations.
- No time restriction- Most of the startup office doesn’t have any specific time of working which is well supported by coworking space as they provide a 24*7 access to the office with all the necessary supports which are required.
- Social networking- A good coworking space is one which can have superb social networking which can be supported by number of social events, pitching sessions & valuable inputs which can support the startup ecosystem. Compared to a normal office space for rent, where one can’t get exposed to other verticals & just be industry specific, on contrary, coworking space helps them in enhancing their existing business by lead generation within the startup community itself.
- Complete furnished office space- In case of an individual Office On Rent In Mumbai the set up cost involved is too high with a big amount of security deposit which is involved with a lock-in period. But in case of coworking space, it is chargeable on monthly basis with a month on month commitment. Apart from that it is a ready to move in office with all the essentials like AC, tea/coffee machine, furnished pantry area, housekeeping, wi-fi, security etc.
- Booster benefits- Apart from the normal desk usage, there are a lot of associations of coworking spaces with other organizations which can assist startups in several verticals like legal, compliance, IVR services & what not. These services are normally known as the boosters or add on benefits to the coworkers.
These benefits are given in the form of discounts or some free credit points which can be used to analyze the work or assist in various forms.
WorkLoft, a coworking space in Mumbai, is one of the biggest one on the central line which caters not only the nearby areas but also have a good connectivity with the western & harbor line along with a 24*7 access to the place keeping in mind the startup culture.
It has all the features which actually go missing in the conventional Office on Rent In Mumbai & helps in enhancing the place with positivity & enthusiasm.