Remote working is revolutionary.
With the extensive availability of resources and tools, people can now practically work from anywhere. But, working from home or from inside a metro ride doesn’t seem too easy for a freelancer or self-employed professional in India. For managing proper work, you will ultimately need an office space.
But, seeing the soaring rental rates of CRE and the hassles involved in obtaining a workspace, most people stray away from the thought. It is when, co-working spaces or shared office spaces come in the picture, promising easy work atmosphere with no-nonsense frills.
Generally, when you work from a coffee shop, home or a hotel, it doesn’t give you any work satisfaction. There are several constraints to it, from being too expensive to lack of privacy and meeting unprofessional atmosphere to low technical support among others.
Coworking spaces, on the other hand, have become one of the hottest trends in professional workspace solutions in India. It provides a massive platform for startups and SME’s to get their business operations done the right way.
These shared office spaces also offer opportunities to entrepreneurs and even digital nomads to enjoy unlimited perks like uninterrupted internet connection, a prime address, unlimited pantry facilities, outstanding decor and vibe, and enriching networking and skill-enhancing events while working under one roof.
If you haven’t spent time in a co-working space before then we have shared a guide which will help you match your requirements and select the right space!
What co-working spaces actually are?
Many small business owners and independent professionals who haven’t heard of co-working spaces need to know the basics of this before renting out a workspace for themselves.
Shared office or co-working spaces are voluntary work areas which involve a diverse range of people from different work backgrounds managing their projects under a common roof with all the amenities of an established office.
An average co-working space often comprises of dedicated and open desk spaces, conference & meeting rooms, private cabins and private offices, break out areas, group gathering areas like a hall and other communal recreational areas like a lounge. These spaces are designed keeping in mind the lack of a productive and collaborative environment which many of us would agree, is absent in traditional offices. These co-working spaces come with flexible memberships to suit the business needs of most of its members.
How does a co-working space function?
There could be an individual or a group of administrators present at an any given point of time within a co-working space who looks after the functioning of it. These spaces have brought down the hassles of scouting and zeroing in an office.
As an individual, you just need to rent out the workspace you need. Whether a dedicated desk, that comes with computer-printer access; or a hot desk option, which is like a “sit-where-you-like” option. Members can explore the viable option suiting their needs and starting working on the same day.
One of the major benefits of coworking spaces is the facility to rent out only a part of your office that fits your bill, rather than buying an entire space. This reduces the operational costs of, say a newbie startup or an entrepreneur, for whom the entire process of leasing or buying office space can be really expensive.
The membership-based models also work in favour of today’s urban dewellers who are on a lookout for flexibility. These include options for daily fees or monthly fees, through which it allows certain liberties to co-working members like flexible timings, socializing with other like-minded people, networking and finding new business avenues without paying any sort of overhead expenses.
How can you find the most suitable co-working space?
Apart from looking for co-working spaces nearby on Google, experts suggest utilizing the free day-pass that the majority of these shared office providers give to attract new members. Some may offer a 3-days or a 2-days pass, while for some it can just be a day. Through these free-passes you can explore the ambience, the culture and the amenities of a co-working space; thus, giving you a fair share of idea on how best can you utilize them.
This also helps you to book your co-working space directly from their website without wasting time. Providers are even offering a 360-degree 3D view of their premises for remote workers.
The best part is the customization, which these co-working spaces bring to the table. A coworking space based in New Delhi will have its own local flavour as compared to a space in Mumbai. This is done to attract maximum footfall and retain a good lot of them. These all leave you with more choices.
How much do co-working spaces cost?
As per deskmag, renting a flexible desk in a co-working space is as cheap as buying a few cups of coffee a day at a cafe. The cost of co-working spaces varies from city to city, each of them has own plus points or amenities to attract people. Most of the shared office spaces offer monthly membership passes in which any professional can choose between a hot desk, private space, meeting rooms, training rooms, virtual room etc.
A flexible plan helps you with the merger of the trendy and motivated environment within your own convenient timings. It also works great when you’re looking forward to cutting overhead costs. All of this is more convenient than working in coffee shops or from home and other places.
Few other benefits that come attached with co-working spaces are the striking features for boosted morale, no lock-in periods (unlike commercial real estate), prime & accessible locations that can easily reach out, and scope of easy future expansion.
What should I look for in a co-working space?
With thousands of shared office spaces growing worldwide, it has become difficult to find the appropriate one for your work needs. Choosing the right working space for your business is the first step in improving the productivity that you seek.
There are several factors which you should have a look at initially like; how easy to commute to your new workplace?
Most of the people living in the big cities like Delhi-NCR, Mumbai and Bangalore, rely on the metro network as their main mode of transport, and an office space that is near to the metros is highly appreciated by urban commuters.
Few other location factors include vicinity to nearby business centers, financial institutes, hospitals, educational institutes, eateries, multiplexes and markets. Apart from this, find out whether the co-working offices you intend to join provide amenities like free parking, 24*7 security, pantry services and a few more.
Engaging & enriching community experience is also why many want to become a member of a co-working space. These events and activities from the community level let people freely network and grow their skills, while communicating with like-minded people. This paves way for not only expansions of business but also a personality uplifting experience.
On an end note, co-working spaces have changed the scenario of the traditional offices that fully integrates with the modern work culture of India. Many small business owners, startup founders and entrepreneurs are transforming and shifting towards contemporary work culture and embracing co-working offices for their business. If you’re just starting your business or running an already established enterprise, and planning to set-up an office or expand your team in a shared office space, then it could be a reasonable choice.
If you want to know about the foremost co-working spaces in Delhi, Noida, and Gurugram, check out OFCSPC or ask your query in the comment section. We at OFCSPC provides you with the best co-working solution for businesses.