Shaping your Freelancing Life through Coworking

With the rise in the number of the freelancing millennials, there has been a drastic change in the global work culture. Currently, in the US, one-third of the entire workforce are freelancing and this number is expected to rise to one in two by 2020.

Closer home, India ranks as second largest country after the US with over 15 million freelancers working independently in different sectors including IT, finance and creative writing.

Though freelancing provides a great way to work with flexibility, there are certain challenges that cannot be overlooked. Some of the common challenges that are usually encountered are:

-          A sense of isolation

-          Constant motivation

-          Face-to-face client interactions

-          Setting standard work schedules

-          Distractions while working from home

-          Lack of collaborations

A single element or a combination of 2 or more elements mentioned above can significantly impact your work. Hence, while transitioning from your regular corporate work to freelance life, it is important to spend some time to address all the above issues. For this, you can either collaborate with other friends who are working independently or you can take advantage of the benefits that come out of coworking spaces in your area.

Why spend days trying to figure out ways of collaboration and connection when you can easily tap the benefits of a coworking community like the Bangalore Coworking Hub.

Such a community or shared office space will give you the required work-life balance. It will also help you collaborate with other community members and also be part of community events. Plus, at a minimal fee, you get to access all the benefits of office spaces like workstations, internet facilities, power backups, meeting rooms and more and thus, give your freelancing life a new professional direction.

How Co-working Spaces are a Boon To Young Entrepreneurs

With the  current change  in the business scenario the concept of  shared offices in the form of co-working spaces is fast emerging  providing  start-ups , freelancers and independent consultants  a space to settle down with their innovative business plans. Quite a few years back the trend of home office and cafe houses office were very prevalent wherein the young entrepreneur used to spend hours of  working alone at these places.

But as the times have changed so is the workspace .  Today these shared office space helps in bringing lot of positive results that enhance the productivity of the entrepreneur’s business. Not only the person can enjoy the cut down in his expenses at these places  but can also helps in enhancing one’s own self.

There are number of ways in which the co-working spaces act as a boon to the Young Entrepreneurs.

Inflow of Creativity: One of the major advantage of these shared offices is that the creativity  splurges out from each and every individual working in that culture.  It has been observed that with an atmosphere of creativity the work done is full of freshness and Vividness.   The whole environment is a collaborative one unlike  the virtual offices.

There  is a pool of ideas that comes out at these places and helps the young entrepreneurs to sharpen their creative minds and offer them a platform to bring out their ideas alongwith the views and opinions provided by the industry experts. Thus a lot of experimentation can be done at these office spaces.

Cost  Effective Services: When an entrepreneur is working alone then he might be in need  of those resources that are very costly and expensive. A  simple coffee that refreshes the  mind while working too makes a hole in the pockets when the budget is a constraint . In that situation these co-working spaces are a great help as they provide facilities of space  for a start-up office wherein  a young entrepreneur is able to work  with a desk and interne accessibility. Facilities like tea , coffee and distilled water too are ensured at these offices .

A lot of co-working spaces are coming  up in the metropolitan cities of the country . Bangalore Co-Working Hub is one such co-working office space that provides the shared office facility to start-ups at affordable rates.

Great Community Build Up: One of the most important advantage that is offered by these office spaces is that they act as a platform of building up great networks. A lot of community enhancement takes place at these places. Since everyone working in these shared offices are people coming from different business niche . Hence it is a great benefit to know people of similar tastes but different  but from different business.  It also act as a catalyst for crowd sourcing solutions for the young entrepreneurs.

So, these shared offices are not only a place to share the creative ideas but also a place of great  business friendships too.

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.

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.

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.

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!  

Shared Office Vs Home Office - 5 Benefits to Consider

Shared offices are the best alternatives to traditional office spaces, but some people may argue that home offices are a better option. Although home offices do have their share of advantages, shared offices tend to be a more practical and sustainable approach. Home offices do help in lowering transport costs and other liabilities. But what happens when your kids don’t respect your working space or you constantly have guests over during office timings? 

Such disruptions can result in low productivity and concentration. This is when you require a flexible shared office environment like Bangalore Coworking Hub. Our coworking office space helps start-ups, independent consultants and emerging businesses to increase their productivity and business efficiency while lowering their business costs. Though home offices seem very tempting at first, you eventually realize that your home and work life must be kept on two separate pedestals.

Shared offices have various attractive benefits that will surely make your work life more comfortable and focused. To give you a clearer picture here are a few reasons why working at home can be a menace:

• Interruptions – When you are in your house working, there are bound to be constant distractions like unexpected guests or screaming kids. This can make you lose focus and time. 

• Loneliness – You will be working alone without any social interactions about the work. Doing this can cause loneliness and result to low productivity. 

• Lack of amenities – At home you will not have much storage space, conference rooms and any such facilities. This can cause you to limit your growth and inconvenience your company. 

Shared offices offer you a lot more benefits than home offices. They will boost up your confidence with the surrounding and help you focus more on your work. Check out these benefits to be convinced on this statement:

1. Networking – When you are surrounded with colleagues of different professions, you can form a big network. Shared offices have people working from all sectors so you will be able to make more contacts, which can come in use for your future. In business, creating a network is very necessary if you want to put your company right out in to the market. You may just find your next client or investor sitting next you. 

2. Group Solving – If you are stuck on a business problem, you can speak to a diverse number of people from your shared office space about it. This offers you the opportunity to informally collaborate on business issues. You even run your ideas by them to get honest criticisms about it so that you can modify it for the best. This would definitely not be possible in your home office. 

3. Amenities – Shared offices offer you professional meeting spaces such as conference halls. Instead of setting up a clean background at home while video conferencing, you can sit face to face in a professional environment and discuss with clients. You may also end up meeting professional clients at your office. 

4. Environment – With shared offices you will have the best working environment with minimal distractions. You can isolate yourself during work and get the opportunity to collaborate with different business owners. It will be a big relief for you considering the constant distractions at home. 

5. Opportunities – A shared office space can spring opportunities at you at any time. For instance you might be offered a bigger job than your current one from the other business at your office. You will always have the chance of encountering huge and beneficial opportunities that will give your career a boost. 

So instead of locking yourself up in a closed environment and working you should consider an open and professional shared office space like Bangalore Coworking Hub for your business operations. The wide array of benefits will make your shared office experience worth all the trouble!

Business Cost Management with Shared Office Spaces

Every business has one prime area to consider when they begin their business operations: Constructive cost management. Viable solutions to reduce costs allow the company to avoid large overhead expenses and cash drain of capital. Your primary area of concern when it comes to cost is the office space. Ever businessman’s dream is to have an office in a prime location with all facilities and lower in cost. Well such dreams can be extremely heavy on your pockets unless it is a shared office space. Shared office spaces are relatively cheaper and come with all the amenities necessary. At Bangalore Coworking Hub, you will be able to best manage your business costs with our professional, cost-effective shared office space in Bangalore.

Being a smart, creative and cost effective option many people are actually opting for shared office spaces. Such an arrangement is most effective for a start-up due to their low capital amount. Let’s break it down and analyse how shared office spaces reduce our costs:

Prime Location- If you need to buy an office space in a prime business center it costs a lot of money. When you choose the shared office option, the cost becomes way lesser and you have the advantage of being situated in a prime area. Many offices choose a business location so that it is easier for clients to find them. Therefore, a shared office space can be very advantageous in this situation.

Share Facilities- In a shared office space you have many amenities such as lounge area, conference room, receptionist, kitchen and so on according to what you choose. So getting these facilities in an individual office space would drain out a lot of money but in shared office spaces you split the money with other companies.

Flexible Lease- In shared office spaces; you can pay the lease on a monthly, yearly or short term basis. When it comes to an individual office space, you will have to meet the requirements of the landlord and pay on time.

Apart from these cost related advantages, shared office spaces have various other benefits associated with them as well. Such added benefits increase the prospects for higher profits for the company too giving it quite an edge.

Marketing- Sharing a platform with other sectors of business, gives you the opportunity to market your business and in the process gain potential clients. The awareness of your company in the business environment will increase too. When your employees mingle with the other employees there will be conversations pertaining to the company, therefore indirectly branding your business.

Inspiration- As you work with a large and diverse crowd, you are bound to find inspiration and ideas for your business along the way. Even your employees will be inspired to work better, which will increase the productivity.

Productivity- When you tend to mingle around with a crowd consisting of people with different backgrounds and sectors, you will gain fresh perspectives on your ideas or work. It is always nice to run your ideas by fresh set of faces, so that you can receive a constructive opinion about it. By doing the employees will gain a better momentum and work ethic which will eventually benefit your company.

A shared office space like the Bangalore Coworking Hub will prove as a win-win concept for both you and your employees. So why not opt for this concept and reap the benefits on the long run? Not only is it a great cost management method but it is also a practical solution for your business.