How Coworking Culture can Benefit Young Entrepreneurs?

Are you a startup entrepreneur and looking for a way to separate your home and work life? Whether you’re a freelancer, an independent consultant or the owner of a small start-up, finding an affordable and flexible work environment can be a challenge. Often you might find yourself trying to arrange meetings and run your business from coffee shops, your home or other public space.

If you're finding yourself struggling for the same, you can take advantage of other affordable work space solutions like a coworking office space. Such shared office space like the Bangalore Coworking Hub will allow you to book spaces for you and your team members in a professional environment along with others doing the same. They have different seating options to accommodate teams of different sizes and requirements. As for instance, you can select from open seating options for semi-cabins to suit your specific business requirements.

With the evolving of the coworking movement, cities across the globe has seen many businesses opting for such spaces for a number of potential benefits. Some of these include:

1) Coworking work spaces allows you a fixed designated area so that you can get your work done easily without having to run between internet cafes, coffee houses or your home. This helps you to maintain a healthy work-life balance.

2) A well-equipped coworking space like the Bangalore Coworking Hub will provide you with all the basic office essentials like a broadband internet connection, power backup, office security and cleaning services and more. This will relieve you of all the worries of having to maintain your own work space and allow you to focus only on your business.

3) As compared to renting or leasing your own commercial office space, coworking provides you an affordable and viable option. With just a basic monthly service charges, you'll be able to portray a professional business image infront of your potential clients and thus save your money for your core business and marketing requirements.

4) Additionally, it has also been found that a certain culture tends to develop in a coworking community which might prove to be advantages for the workers. In a social work community, where you are surrounded by people of similar interests, you might find that you'll be able to benefit your business in more than one ways. From arranging networking events to interacting with other teams for business needs and even business partnerships, such shared office space acts as the hub for all your business needs.

Tips to Promote Your Business in a Coworking Office Space

Working out of a coworking office space to attend to your client meetings and build up a team is a great way to leverage your business and be more productive. However, you can achieve much more than that as a collaborative coworking space like the Bangalore Coworking Hub can give you immense opportunity to grow your business.

In today’s competitive world, every business is looking for new and innovative ways to market their products and services. Shared offices can serve as a great medium for networking with your potential clients and spreading awareness about your business. Read on to find some useful tips for promoting your business in a coworking office space:

Initiating Conversations

This basically means getting to know other coworkers or coworking members in the shared office community. By interacting with other members, you might be able to expand your reach in your target client market. Thus, instead of direct pitching and having sales conversation, you can network by bonding over a cup of coffee or talking about common business interest. This way the trust factor is also being initiated with the members which is very important for business relations.

Promoting Work Trade

Another great benefit of operating out of a coworking space is that you can initiate a work trade offer with other members. For instance, if you are a content writer and another member designs websites, you can suggest to swap services so that you can offer clients a complete online solution. The benefit of such an approach is that there is a possibility of a broader reach as other members of the co-working space might hear about your services.

Knowledge Sharing

The concept of coworking is about collaboration, interaction and openness. This doesn’t imply that you share your trade secrets with your coworkers but sharing your knowledge to help them, you might also gain future benefits from them. In such spaces, it’s highly likely that at some point you’ll be on the receiving end of useful knowledge.

Conducting Meetups

Another major networking benefit of being a part of a coworking community like the Bangalore Coworking Hub is that you will be able to organize events and meetups. This is vital as such events will help you to network with similar minded individuals and build relationships with potential clients.

How Shared Office Spaces Can Really Help Your Business?

Few years back, there was a time when start-up companies, freelancers and indie consultants were seen struggling for a professional work space. They were mostly seen working out of a small work space at home or were seen struggling for space at the local coffee shop. The need for a physical location that is zoned for business was immensely felt as a professional work environment speaks volumes about the credibility of your company and its operation module.

However, thanks to coworking office spaces like the Bangalore Coworking Hub, things have changed for the better. Such shared office spaces are today much more than resources and is regarded as a community where people have opportunities to interact and network. According to Forbes, coworking spaces across the world have increased by a massive 400 percent in the last 2 years and this itself is an indication of its impact over the start-up community.

Read on to know how shared office spaces can actually help your business to grow especially during the early stages of the business credit building process:

Help Find the Right People

One thing that all entrepreneurs and indie workers face while working out of their home is isolation. But with coworking, you are surrounded by tons of similar minded individuals who are passionate to make their dreams come true. This acts like a support system and a network of people who you can instantly ask advice from anytime. Moreover, such shared office spaces are not only the hub for innovators and other inspiring independent business owners but also the focal point of interest for investors. You never know when you could be rubbing shoulders with your future business co-partner or your next investor in your coworking community.

Shared Facilities

During the initial growth phase of your business, when you are struggling to keep your liabilities low, such shared office spaces like the Bangalore Coworking Hub can help you immensely. In such communities, you have the option of keeping your business cost low by sharing facilities with other start-ups such as internet, power back-up, security services, and cleaning services and so on.

Flexibility

An important benefit of operating out of a coworking office space is flexibility. Very often, it becomes difficult for businesses to predict accurately their headcount figures during the initial few years of establishment. A shared office space can help you with the required physical work space without being tied down to any long-term contracts. You only have to pay for the actual number of member seats that you opt for. You also have the flexibility of increasing or decreasing the number of seats according to your requirements.

Accessibility

Coworkers also have the facility of accessing important facilities that can help in their business growth such as conference rooms, air-conditioning, high-speed broadband and secretarial assistants.

Escape the Coffee Table Office by Joining the Coworking Community

So you're a startup, freelancer or an independant consultant and find that you can easily locate a table and an internet connection for your work at your nearest coffee store or internet cafe. 

But does such a work environment fulfill all your professional requirements? Be part of a global support system by embracing the coworking concept for your business. Coworking spaces like the Bangalore Coworking Hub understand that the start-up and freelancing community can achieve much more by working together rather than solely operating through a home office or a coffee shop. 

So, how does such a shared office environment differ from the standard coffee shop or internet cafe? What additional benefits does such a start-up office space provide that can help you leverage your business to new heights? Read On –

Work-Life Balance

One of the primary advantages of joining a coworking office space is that it helps to maintain a stable work-life balance. Unlike home offices wherein you are constantly trying to avoid any kind of personal distractions, a shared office environment clearly helps you to delineate the parts of your life that you use for professional and personal matters.

Sense of Belonging to a Community

Many times working independently or freelancing creates a sense of loneliness. It is true that it's always nice to work for yourself and not in a traditional office space, but while doing so, we sometimes crave to be part of some form of community that gives us a sense of belonging. Coworking helps you to find just that wherein you get to work with other like-minded individuals in a collaborative and flexible office space.

Boost in Self Confidence

According to Deskmag, freelancers who work out of a coworking office find that their social as well as business networks have increased (94% and 88% respectively). Due to such advantages, coworkers are said to feel more self-confident since joining such a facility. Such benefits would not be there when startups or freelancers operate out of a coffee store or cyber cafe.

Professional Meeting Rooms

Most coworking spaces like the Bangalore Coworking Hub offer meeting rooms and conference rooms for the coworkers to conduct client meetings, team meetings etc. This is certainly a step up from discussing your work plans with your prospects from your home or the coffee shop thereby helping you to step up your professional game.

Apart from the above mentioned, there are many other benefits as well while operating out of a coworking space like networking with other potential clients, security services for your belongings, dedicated work seats with appropriate furniture and much more.

The Many Benefits and Flexibilities of Coworking at Night

Do you find that it’s easier for you to work and be more productive during the evenings? Are you among those people who find it difficult to rise early in the morning and concentrate on your work? 

If that’s the case, the chances are that you’re a night owl who prefers to stay up late and work when everyone else sleeps. Although there are some who argue that working early is the best way to concentrate on your tasks, night-owls enjoy many benefits as well. This is especially beneficial for those companies, businesses or entrepreneurs who have to work across time-zones and interact with clients from different geographical locations.

Check out some of the many benefits that night coworkers at flexible shared offices like the Bangalore Coworking Hub enjoy:

Lesser Distractions

One of the obvious benefits of coworking at night is that you can get the job done with fewer distractions. Due to the calm environment at night, you are able to avoid different distractions like phone calls and outside noise and thus get your work done quickly and calmly.

Work across Time Zones

As mentioned earlier, one of the prime benefits of working in the night shift is that you are able to handle clients and meetings across different time zones and countries. Whether on Skype calls, conference calls or any other forms of communication channels, you can easily interact with people from different parts of the world and this, in turn, will help you to expand your business reach.

Less Traffic

How many of us rush in the morning hoping to escape the long hours of traffic jams to reach to our workplace? By opting for a night coworking sift, you will be easily able to avoid the stress of being late for work owing to traffic congestion.

Fitting Family Schedule

Unlike common notions, night shifts doesn’t affect your family and social life. In fact, according to Forbes, night coworking shift best suits those who need to take care of their children during the day and thus avoid shelling big amounts on a babysitter. As long as you completed the normal hours of sleep, you will find that night shift works well and fits into your personal schedule without affecting your health.

So, leverage your business and increase your productivity levels by opting for night coworking at professional shared office space like the Bangalore Coworking Hub.

Making the Most of a Coworking Office – Find out How

Started your freelancing or consulting career recently and wondering what your best investment could be? A coworking membership can be your best call as you not only get a professional work space but also the opportunity to work with other like-minded individuals. As such, you're presented with numerous opportunities to network, collaborate and leverage your business. Whether you are a start-up company, an independent consultant or a freelancer, there are in-numerous benefits of being a part of a coworking community like Bangalore Coworking Hub.

However, if you're expecting to just join such a collaborative coworking community and expect all these benefits without even trying, then it's important for you to rethink your business model once again. It is important to understand that being a part of such a community requires a little more effort and you can't expect to just show up and expect the interaction to happen automatically.

Read on to find out more about how you can make the most out of your coworking or shared office space:

Interact and Get Social

Make it a habit to meeting new people and interact with them at the shared office space. It is not sufficient to just come to office and sit down to work. By being part of such social get-togethers, you can get to know about other entrepreneurs and discuss new ideas as well. You never know what new opportunities will be presented to you through such interactions. Such spaces are the hub of the startup and entrepreneur scene which attracts people who are creative and passionate about business. So, make the most out of it today!

Make Your Voice Heard

At such a collaborative community, there are many people with new and interesting ideas just like you. The trick is to make yourself heard during the events that take place at the space. You can also host startup events such as a hack-a-thon, a meetup or a coworking night with the help of the coworking community manager where you can discuss opportunities to collaborate with others.

Great Business Opportunities

A shared office space is much more than just a physical area where you and your team can work. It can be the official identity of your business - a place where you can bring your prospects for meetings giving you a better chance to convert them into new customers. This will give your business a professional touch which cannot be found while working out of a cyber cafe or from your home.

So, if you are just a startup or an established business trying to find creativity outside the cubicle, then coworking offices such as the Bangalore Coworking Hub is your best bet. Take the advantage of the above mentioned perks and shape your experience and business by joining a coworking community.

How Coworking Offices are Changing the Way We Work

Say goodbye to café houses, your kitchen countertops and offices for working as the culture of coworking is fast developing as a viable option for both entrepreneurs, independent workers as well as organizations and small businesses to get things done.

Earlier, freelancers and independent workers faced great barriers while trying to identify places to work – usually ending by hopping from one coffee house to another for client meetings and then finally getting the work done  from their home or from a library.

Well, enter coworking – your one-stop solution for all your workspace woes. The concept of coworking basically involves people from different work sectors and industry areas coming together and working in a collaborative work environment. Sharedoffice communities like the Bangalore Coworking Hub even offers the option of arranging team meetings and client meetings in their conference rooms to promote increased productivity.

You may say that with a virtual office space, you get the same benefits of a prestigious business address and a meeting space when you need it. However, coworking offices take this idea a few steps further by offering you one or more of the following benefits-

• Professional Work Space for you and your team
• Low cost for the physical workspace
• High speed internet facilities
• Meeting and conference facilities
• Power backup
• Collaborative work environment for interaction and networking with fellow coworkers
• Opportunities for business
• Security Services
• Regular office cleaning services, and much more.

Thus, it is seen that the benefits of coworking in increased productivity, cost saving and overall happiness and well-being is much more as compared to a traditional office or a home office. Besides this, shared offices, being a hub for startup companies and emerging entrepreneurs are abuzz with enthusiasm and creativity – which often becomes contagious and diversify within the work environment.

It is but natural that when you are sharing a physical work space with other like-minded individuals who are working hard to make it big and progress in life, you are often motivated which, in turn, leads to an acceleration in your own personal work efforts. Moreover, such communities are often the attraction points for larger businesses and conglomerates to search for talents and new ideas and who knows, when you particular business concept might attract the interest of such an organization for investment!

Thus, coworking offices like the Bangalore Coworking Hub provide coworkers a tremendous opportunity to think outside the box and progress in a competitive market, while at the same time, helping them to lower their business overheads and liabilities.

5 Signs You Need A Coworking Space

Though working at home is a huge perk for some freelancers, some people actually find they work much better when they get up and go to an office and are surrounded by other people (even if they may not be directly working with them). That’s why the new startup Deskcamping may be some freelancer’s dream come true. The company was launched by London native Nick Couch in December. It allows city businesses and co-working spaces — many of which normally charge by the month — to rent out free desks to freelancers by the day or week.

The site is still in beta and has more than 100 New York users and 68 locations across Brooklyn, Queens and Manhattan that have been listed since its inception. “If you have space and you bring in people, it has a massive impact on the culture,” Couch told The New York Post. There is an extensive questionnaire for the freelancers to fill out.  They are asked to provide specifics on their businesses and what their most conducive working space looks like (noise level, culture, space, etc.,) Some of the spaces Deskcamping hooks up freelancers with include Fueled Collective, Ensemble and Projective Space.

But New York isn’t the only place these coworking spaces are opening up.  Deskmag.com, a coworking news site,  reports that the number of people using coworking spaces more than doubled between 2012 and 2013, and nearly 1,000 coworking spaces are now in operation across the U.S., with more expected. So what are the signs that you are better off finding one of these spaces and not working from home or in a coffee shop?

1. You aren’t getting any work done. This is probably the most obvious sign. If you are really struggling to be productive at home, then you must consider other options. Find yourself searching for a snack every 15 minutes in your kitchen? A coworking space might be a godsend for your productivity.

2. You crave human interaction. Even though you may have hated some of your former coworkers, there is something about being around other people when you are working hard that helps you get through the day. It’s also just nice to have people to complain to about, well, everything! But it’s also nice to just make small talk with people or discuss “Game of Thrones” plotlines. If you find yourself missing water cooler chat, and gchat isn’t cutting it for you, a coworking space might be a great choice.

3. Your home is distracting. Even if you may like working from home, there may be other people in it that prevent you from getting stuff done. Or, it just may not be a conducive work space. Perhaps there is construction nearby or your internet isn’t that reliable or your neighbors 1-year-old makes more noise than you’d like. A coworking space would help with these home distraction issues (plus the aforementioned every-15-minute-snack-hunt).

4. You need to meet with clients. Many of these office spaces have meeting rooms you can book or common areas. This is much better for a meeting than your studio apartment or trying to find a table at a crowded coffee shop.

5. You need a great space. Some people just need a great working space. They need a lot of light and beautiful windows. Not all coworking spaces are gorgeous but many of them are pretty cool looking. Research shows that loving where you work does make a difference in your productivity. Inc. put together a gorgeous list of 16 beautiful coworking space - we dare you not to be inspired to spruce up your space! Read more on Alleywatch

Why You Should Consider a Coworking Space for Your Business?

With rising number of start-up companies, entrepreneurs, freelancers and independent consultants, it has become increasingly important to define your workplace and be a part of a collaborative work platform.

If you’re from the start-up community yourself, you must have often heard that the key to success is not only to be more productive and creative but also to surround yourself with other like-minded individuals. And for this, there are few better and cost-effective ways to do this than a flexible coworking space like Bangalore Coworking Hub.

Fun, Friendly and Collaborative, such shared office spaces provide the ideal work environment with a host of additional benefits that can help to manage their business costs to a considerable extent. Even for an established corporate house, these benefits of coworking are certainly hard to ignore.

Professional Work Space without Long Term Lease – Whether you’re part of a start-up or an established business, coworking spaces offer the best option if you want to cut down your business expenses while maintaining a professional work environment. With rising real estate prices, it becomes hard to commit to a certain amount of space, especially when your business is still in the growing phase. It will also be a problem is your business suddenly feels the need to relocate to a different place or requires a smaller or larger space.

Networking Without Any Effort – For most companies, a major part of their business development strategy lies in being part of networking events, seminars and conferences. This usually takes a lot of time and prior planning. However, with shared office or coworking spaces, you could simply meet dozens of people with interesting projects by working alongside them all day. Moreover, many spaces organise meetups and networking events that facilitates interactions between people who might be able to help each other.

Legitimate Discussion or Meeting Space – Granted that working from home might seem like a great idea for a freelancer or a start-up venture. It’s comfortable, flexible and best, you won’t need to spend extra on the physical work space. However, let’s face it – it’s hardly a place where you will be able to invite your clients for any business interaction. By being part of a coworking community like Bangalore Coworking Hub, you will not able be able to operate your business but also have access to discussion and meeting rooms, which can lend some credibility to your business meetings.

Boost Self Confidence – As compared to working from a traditional work space, surveys have found that a majority number of people operating out of a coworking office have got a self-confidence boost. This is mainly due to the fact that such spaces are filled with supportive communities that enable creative collaboration.

Top 5 Indications That You Need a Coworking Space

We often believe that working from home as a freelancer or as an independent consultant helps us to save on the initial costs involved while starting up. We believe that this way we can work from the comfort of our home and leverage our business in a cost effective manner. However, this is not often the case as many of us find that we are more productive when we work from an office and are surrounded by other like-minded individuals. At the same time, we have to consider the high cost involved while working out from a commercial office space. This is where coworking offices or shared office space like Bangalore Coworking Hub come into play providing effective solutions to the start-up community.

So, if you're wondering what are the signs or indications that you need a coworking office space and not work from home, read on:

1. Your Work Productivity is Low: If you’re working out of your home, mostly you are bound to face many distractions that might affect your productivity level. For instance, you might want to go to your kitchen every few minutes for a snack, watch television or attend to your household chores. So, if you’re struggling to be more productive at home, a coworking office might be your answer. They provide a professional work environment where you will be able to work without any distractions.
2. Looking for Networking and Interactions: Whether you are a freelancers, a startup professional or an independent consultant, networking is prime for the growth of your company. To further your business, it is important to meet other professionals for networking and collaboration. So, if you are missing on all these while working from home, a coworking space might be a great choice.
3. Cost Management: If you believe that you can manage your business costs by working from home, then think again as a coworking office space can also help you achieve the same with added benefits.
4. Client Meetings: Most of the shared office spaces like the Bangalore Coworking Hub have client meeting rooms which you can book depending on your requirements. This is certainly much better than scheduling a meeting in your apartment or at a crowded coffee shop.
5. Added Benefits: There are some additional benefits as well when working from a shared office platform like high speed internet connection, security services for your systems, power backup and so on which are included within the membership charges making it much more convenient for you than working from home.

Can’t Afford Office Space? Select Shared Office Space for Your Business

Starting up a business and worried about the cost implications of renting an office space for your employees? We all know that office space can be a real drain on resources for most new and emerging businesses. 

With the 11 to 12 months lease terms and advanced security deposits required while leasing or renting an office, it becomes very difficult for startup companies and even emerging businesses at times to provide such long-term commitments. Even well-established companies today think creatively and out-of-the-box  to come up with smarter and better saving options for their business in terms of office space.

The Solution

A great and innovative way to avoid any such added costs to your business is by opting for a shared office or coworking platform like Bangalore Coworking Hub for your company. Being flexible, such office spaces allow you to opt for membership with the minimum commitments – even by months.

Added Benefits

It's true that one of the biggest benefits of such coworking office spaces is the reduction in liabilities and low cost. But that’s not all! Today, coworking spaces offer companies and professionals much more than the mere physical space from which they can function. It provides a great platform for companies who are looking to increase their business footprint and network with other professionals and like-minded people. With more and more companies identifying the many benefits of shared offices, they have become the ideal platform for fostering collaboration within the business community.

Another benefit is that such spaces enable you to foster a productive work culture for your staff and employees. You get motivated by being in the company of other startups who are constantly working to take their business to the next level. You will also be able to share and exchange ideas with their other companies and create stronger working relationships that is essential for the growth of your business.  

This also allows smaller companies to cut down the time required to find space and make it fit for working like setting up internet, phone lines, security and cleaning services and also maintain these services as everything is included in an office package. Furthermore, you also have access to other benefits like conference rooms and meeting rooms. All you would need to do is connect your computer or laptop and start working.

From getting to know your fellow coworkers to getting a referral and hiring an efficient employee – the possibilities of business development are endless while working from  a shared office space like Bangalore Coworking Hub. So, interact, collaborate and leverage your business by associating with a shared office space.

Different Ways to Use Coworking Office Space for Business Cost Management

Cost management is a prime focus area for start-ups and businesses to improve efficiency, slash any hidden costs and boost your bottom line. One of the key areas that companies need to address is looking for alternate ways to manage their infrastructure costs.

With real estate prices on the rise, often new and emerging businesses are faced with the challenge of deciding how to manage their office infrastructure costs. Addressing this very concern are coworking spaces like the Bangalore Coworking Hub – a unique way to help you plan your business expenses according to your specific requirements.

Unlike working from home, coworking office also provides additional benefits to the independent workers, freelancer or start-up company such as opportunities for collaborating, networking and mentoring. These benefits, coupled with the flexibility available at such shared office spaces, have, in fact, facilitated the growth of the start-up culture.

Check the different ways you can use coworking office space for managing your business costs:

Expansion Without Added Commitments: One of the many perks of using a coworking office space is flexibility. Such a facility enables you to manage a team in a professional work environment while you set-up a business from home. You don’t have to worry about arranging for facilities like power backups or internet connectivity or office furniture. 

All these are taken care by the coworking space, thereby freeing you from all these added commitments. You also have the flexibility of expanding your team whenever you want to without having to move to a new territory.

Setting New Branch: If you’re looking to expand your operations to a new location, you can take care of the hassle of initially setting up a new office by opting for a coworking space. This will not only assist you to curb your business costs, but also manage your employees remotely while they work from a professional shared office platform.

Outsourcing: For companies looking to outsource their work to a new company or a freelancers in a different location, using a coworking office is the best option. By setting up a shared work environment, you will be able to easily lower your business liabilities, while at the same time, monitor the work being done remotely by the outsourced agency or consultant.

It is a known fact that the practice of coworking or sharing office space has boomed among the startup and working community in recent years. This is mostly due to the different companies looking for ways to cut down on overheads and get a chance to brainstorm with their peers. However, these very firms are also starting to put new spins to the concept of using coworking spaces to get greater traction, boost profitability by lowering costs.

11 Lesser Known Advantages of Shared Offices

If you are looking for low overheads, speedy set-up and great networking opportunities then shared offices are the clear winners here. Shared offices are known for their variety of advantages that not only reduce costs but also increase your profits. Common benefits itself seem to attract business owners towards this option but along with these benefits shared offices such as the Bangalore Coworking Hub has many lesser known advantages as well. So have a look at some of these advantages which make this option even more beneficial for your business.

·   Working from home tends to blur the line between home space and work space due to the many distractions. In a shared office you can enjoy the flexibility of your home as well as the professional environment of your office, therefore creating a balance.

·     At shared office spaces, furniture such as desks and chairs are already provided. This conserves time for you and helps you get your other work done.

·         If you are a freelancer working from a shared office, you get the opportunity to meet people who are travelling in the same boat. This helps you become a part of the community and increase your network.

·         The environment in shared office spaces is very flexible compared to traditional offices. You can enjoy socializing when you are too stressed with work or you can work productively in a quiet work environment when required.

·        At shared offices, you don’t really have a long term work commitment. If you are having problems in the workplace with other people or don’t like the vibe, you can quit at your own convenience.

·        Most co-working spaces hold fun seminars and workshops for all the employees which will help you learn something new. Some of these workshops may help enhance your working skills as well.

·         The availability of conference rooms to meet with clients is another great benefit. If you are an independent consultant or a freelancer, you have the availability of a meeting room to discuss with your clients. These meeting rooms can be booked as and when required.

·         The fact that a number of offices from various industries work under one roof makes it easier for you to know people from all sectors in the corporate world. You tend to engage with more people from different walks of life.

·   Shared offices provide flexibility in terms of rent which can be extremely convenient for companies that are looking to expand in the near future.

·         Such co-working spaces are generally located in prime business locations which are really helpful for start-ups and emerging businesses. Generally individual offices at such locations would cost a lot of money and put you in a spot.

·         Access to your workplace at any time and security is another good reason to opt for shared office spaces.  These places are generally guarded 24/7, which means security of your office and its valuables is something you don’t have to worry about. 

Shared office spaces like the Bangalore Coworking Hub are an economical and practical way to control costs while benefiting from the prestige associated with a fully managed business center. But these lesser known benefits act like the cherry on top of the cake. Now making the choice shouldn't be too tough for you!  

Benefits of Using Virtual Office Spaces in Bangalore

Termed as the Silicon Valley of India, Bangalore is a favorite location for new start-ups and other established companies from all over the world. With the considerable increase in the number of companies, demand for office spaces and other expenditure has increased considerably as well. It has become quite a task for new start-ups to find suitable offices at good locations for a reasonable price. The key to success here is to find an alternative solution for these problems where you can reduce your expenses and enjoy more profits. This is where virtual offices such as the Bangalore Coworking Hub play a major role in the corporate world today.

Virtual offices are for all those businesses that don’t really need a physical location to function as a company, but they still have an office address to give to their clients in a prime location. With the real estate prices in Bangalore booming, virtual offices will cut most of your expenses. Your whole business can be done through internet, phone or video conferencing instead of you spending your money on rent and employee wages. Consider these pointers which tell you exactly why virtual offices are a much better option:

1. Flexibility – There are no leases and long term commitments you have to make with the landlord. You can rent the space by the hour, day or month. 

2. Save Money – Your overheads get reduced to large extent because you will be saving a lot of money on physical office space. You will eliminate the need for large security deposits and investments on office equipment. 

3. Receptionist and Administrative resources – Virtual office facilities offer a receptionist and amenities such as conference rooms. You can use these amenities when required and your clients will receive professional help from the receptionists. 

4. Save time – Instead of wasting time looking for office spaces in prime locations or any other equipment, all these things will be available with virtual offices. 

5.  Impress Clients – Virtual offices are generally placed in prestigious locations which can create a positive impact on your clients. Beautiful workplaces with conference rooms can improve your image as a business. 

6. Employees – With virtual offices you can employ people from anywhere across the world. This is because your business mainly takes place through communication on video, phone or email. 

7. Low Start-up Costs – Virtual offices offer a lot of savings especially for start-ups. Most of the costs are shared in terms of services and infrastructures. 

8. Get Additional Space – Virtual offices provide additional space to hold training sessions, seminars and any other office activities. 

By reaping so many benefits with almost 50% lesser costs, virtual offices seem to be the right option for any new start-up in Bangalore. With all the money and resources you save, you may even come up with new business ideas for start-ups. At Bangalore Coworking Hub, we help you to meet your office requirements so that you can run a smarter and profitable business. In addition to virtual office services, you can also be a part of our professional coworking or shared office community and interact with other startups and emerging businesses for new ideas, contacts and networks. So in case you are wondering how to progress in this technological hub of different sectors, you can start by opting for smart solutions such as virtual offices. 

Who Can Benefit from Co-Working or Shared Offices?

With the dawn of the contemporary age in the corporate world today, co-working or shared offices have become a more common and well-known term. This concept offers ample benefits which attract new start-ups and established businesses like bees to honey. It won’t be long before the word traditional office is erased completely out of the corporate dictionary. Co-working or shared offices like the Bangalore Coworking Hub are this attractive mostly because of their cost effective nature.

Every business whether new or established is always looking for ways to cut down their costs and what better way can they find apart from this option. But of course there are certain types of people who benefit a lot more than others. Have a look at some of these entities who sow the most rewards from this option:

Freelancers

Many a times companies prefer to outsource their work based on short term projects to freelancers. Most freelancers have the flexibility to work at their home or at a bustling coffee shop. In both situations there can be a lot of distraction due to the distracted environment with kids at home or the loud noises of the crowd in a coffee shop. This is the exact reason why freelancers opt for co-working or shared offices. In this environment, you will be more focused on your work therefore more productive. Apart from this, you have the option to meet new people from the same field or different fields and build a strong network. You may never know when the next opportunity for a job pops up in your office.

Start-Up Companies

For start-up companies, discovering solutions to reduce costs is like celebrating the festival of Diwali early. All start-up companies usually begin with a tight budget, so considering the fact that buying an office space creates the biggest hole in their budget, shared offices are like a breath of fresh air. Their costs reduce to a large margin and they get the benefit of working alongside different companies from different sectors. Besides these companies get to market their products within their own office space! So you may never know if your next investor is sitting just two seats away from you. It’s eventually all about networking and building up your contacts for future business ideas.

Corporate Houses

When corporate companies which are well established already decide to opt for a co-working space, you know that it’s something worthy. For corporate companies, co-working helps you mingle with other new or established business and maintain a harmonious working environment. If you really open your eyes you will find potential business partners or energetic investors walking around everywhere. It’s a room full of opportunities in your own backyard! Not only that but your employees will be energized with the fresh faces all around that their productivity may just shoot up to a 100%.

Independent Consultants

As an independent consultant you get to choose your own clients and working hours to decide your company’s goals and direction. The only problem here is that you will mostly have to work out of home which results to many drawbacks such as not being able to meet clients in a professional environment. In a co-working space all those worries are put to rest with a conference room available right there for you. What’s even better is that you may just find a whole bunch of clientele right there in your small office space. You will also be able to build your network and profit from the sales you get out of the additional business. 

So if you come under any one of these categories, then you know exactly where to start from. Half your worries will vanish just by opting for a shared office space such as Bangalore Coworking Hub. Before you lose out on this incredible option, start looking for a co-working space today!

Serviced Offices Can Help Entrepreneurs Save Initial Business Cost

If you are looking for flexible and affordable office solutions in a business centre for your start-up, then your best option is undoubtedly a serviced office. They prove to be quite a relief from the traditional office spaces in terms of expenses and renting options. Serviced offices such as the Bangalore Coworking Hub can be rented out on a monthly basis and all the facilities will be available to you readily. You wouldn't have to worry about keeping the office clean or stocking up your kitchen with food because all this will be taken care of for you. They are a simple working solution for businesses of all sizes, especially start-ups. The convenience and flexibility of such offices are making this option very attractive for new businesses in terms of saving costs.

So why should you opt for a serviced office? Here are some of the benefits which will prove to be most convenient.

• Economical solution for low start-ups
• Rent on short term basis
• Impressive location at an affordable cost
• Need admin services but don’t want to employ
• Need premium facilities like meeting room and receptions but don’t want to pay full time for it
• Require additional space for an unknown period
• Company is expanding and needs a larger space
• All furniture available readily 

Over traditional office spaces, serviced offices stand out because of the following factors:

Low Start-up Cost

Almost everything in a serviced office is paid for such as furniture, broadband connections, fax machines, telephone systems and so on. You would only be paying for the office and its maintenance. In such cases half of your stress is reduced and you can stop worrying about overhead expenditure. 

Wider Office Space

Serviced offices are generally located in large buildings with many spaces, so in case you decide to expand your office you can choose to in the same center without having to wait for any renovation work. The office will be made available to you readily.

Cost Effective

With serviced offices you require to pay the money for rent and maintenance only, all other expenses are taken care of for you. It is the most hassle free option for a new start-up because it helps them save a lot of the initial business cost.

High Spec Technology

Most serviced offices offer high spec technology like high speed broadband connections and the latest telephonic systems. So when they offer all this, you wouldn't have to worry about getting it done yourself. This ensures that you enjoy quality resources as an initial start-up.

Maintenance

Whether the office requires cleaning or people to fix the toilet block, the management is responsible for looking after it. You don’t have to break your head by employing people to do such work. It is a n easy and tension free alternative. You can remain focused on your work instead of these small issues.

Availability

Serviced offices are immediately available to be occupied with all the necessary furniture required. In the case of traditional offices it would take you a lot of time to set up your office therefore wasting time and money.

You know that a serviced office is the right option for you when your main aim is to save costs initially as a start-up. It is a proven fact that serviced offices such as the Bangalore Coworking Hub are 60% cheaper than traditional office spaces. So by saving that much money, you are allowing yourself to utilise that money in a better way for your business. 

Selecting the Right Office Space for Your Start-Up

As a start-up you have to face many challenges that are ahead of you. One of them includes deciding where you will place your employees. The traditional practices included renting a commercial real estate office. However that is not the only option you have today. With the introduction of the concept of co-working, start-ups have a gained fresh breath of air. Co-working spaces like the Bangalore Coworking Hub give you the opportunity to work with a wide community of individuals from diverse backgrounds. They prove to be the most cost effective option for start-ups. Instead of paying a large sum of amount for an individual office space you would rather opt for a co-working space for a much lesser price.

Apart from being cost effective, various other factors will allow you to see the variety of benefits associated with co-working. Here are a few factors which can provide a fresh perspective to your business on the long run:

1. You have the benefit of meeting potential clients right inside your office. The fact that you share an office space with other businesses, gives you the opportunity to look for clients. You merely need to look to your left or right you will definitely find someone who will take interest in your business. 

2. In a surrounding where you have many people of different industries, you can create a network with all these people. As a start-up you need to make contacts so that you can create awareness of your brand among other companies. 

3. Co-working spaces always come with flexible options. You can rent out the space for how much ever time required. In traditional spaces you need to pay for a minimum amount of time which is usually one year. 

4. With so many industries under one roof, you are bound to gain new knowledge every time you step in to the office. With such a diverse crowd, it won’t be hard to make new friends and increase your list of contacts. The more people are aware of you, the more awareness you create for your business. 

5. The most obvious benefit is from the reduction of costs. Start-ups always begin with tight budgets so if you can save money just by using a co-working space, imagine the number of options you will have to expand your business. 

6. When your employees mingle with people from different sectors they tend to get refreshed by the idea which in turn increases their productivity levels. They can even share ideas and get inspired by other employees. 

 With these numerous benefits, the convenient and practical option to go with here is definitely co-working spaces such as the Bangalore Coworking Hub providing flexible and professional shared office space for start-ups in Bangalore. It is undeniable that this concept is growing to be popular amongst many big companies as well today. The right approach with the right attitude, will aid in making this concept the best option for your business. There’s nothing more you can ask for when you get the right boost for your start-up. So make sure to adapt this practical solution for bigger benefits in the long run.