New trending demand of training space rentals

The inevitability of any business to succeed without provision of internal staff training and development has increasingly led to the success of an increase in demand for training rooms for hire. However, nowadays it is really non-viable to have a dedicated area assigned for training and development as due to high rise in the property rates and also not enough space present in major cities whereas the main priority area should be assigned for main business function. Whereas the basic pre-requisites like furniture, equipments etc. cost a lot which may or may not be used on a regular basis, in turn, causing the business to shell out its costs for unnecessary things which could be reduced if training rooms are hired. Having access to a variety of varying sized rooms in different localities and the companies’ ability pay for it as per the number of hours or days helps to keep the costing minimal as training room rental doesn’t cost as much as owing the space for it. It has been observed that the best way to attain a mutually exclusive goal is to “outsource”.

The impediments faced while having poor Training – Room facilities are:

Unsatisfactory conditions

A distractive environment like small spaces, too many people fit into one small space, not well-furnished training space causing the trainers and the trainees to lose out a lot in training and learning.

Unavailability of updated technology

Projectors, Video-conference systems, computers/laptops with good net connections etc. are basic requirements for a smooth functioning of any training process to take place if not provided well then the very purpose of training would go in vain.

Lack of trust and confidence

The bad training environment would create a very bad impression on the participants. This would, in turn, lead to a reduction in trust and confidence in the attendees and which is very likely to affect their performance in the field they have been provided with the training in.

Benefits of having a good Training –Room hire facilities are:

Specifically designed for training

All the furnishings, lightings, equipments etc. are very much designed for the very purpose of training adhering to the professional standards as required.

Technology, amenities and other services

A good training environment if hired would offer the state of the art infrastructure, updated technologies as per the need and requirements, other services may include administrative help, secondary services etc.

Cost benefits

The most primary purpose of hiring a training room is to reduce the fixed cost to be incurred to purchase a space to conduct the same. If a training space is hired it could be hired either on hourly/daily/monthly /yearly etc. as per the need and requirements. The renting purpose serves the purpose and gives it the level of satisfaction for hiring.

A professional approach is very much required to leave a good impact on the attendees of the training process; hence a good training space is required for leading to satiating approach having a positive impact overall. The training provided in a professional manner would lead to a better quality and higher number of well-trained attendees/trainees who were well engaged in the process and attained good clarity while attending the training.

How are shared office spaces becoming a feasible option for new upcoming businesses/ expansion of existing ones?

The new trend has it, be it independent entrepreneurs like freelancers, professionals, artists or for that matter like start-ups or well-established businesses looking for expansion of their own business. The independent entrepreneurs find shared office space a more convenient and pocket-friendly option wherein they could avoid all the distractions which they face while working from home. A shared office is also very beneficial for start-ups and organizations that are looking for an economical option and also if one would want to reduce the operational costs and attain the break even at the earliest. Adapting and working in an environment with other co-workers who are not related to your business fosters a unique environment. One may feel motivated, and also be able to adapt to the talent of others which could be helpful in prospering one’s own business. A structured working environment is pivotal for growing a business and thus these meeting rooms could be utilised to work on projects with your team, and conduct meetings with your clients.

Things to be considered before opting for a shared office space:

·         Affordability: Pocket-friendly space should be considered.

·         Accessibility to services: Mostly one considers access to technological services like fast internet, telephone lines, proper network coverage so that calls could be received/made etc.

·         Space: The office space should be as per the needs and requirements of one’s business.

·         Location: The area where the office is located should be as such which is easily located by the clients/customers.

Benefits of working in shared offices:

·         Reduces the lethargy: If one works from home one is working at one’s own pace with a lot of distractions but if a proper workspace is bought one could be more productive. Our brain cells are more active and more ideas come into the picture.

·         Better access to technology: Fast internet access, telephone lines, fax machines, printers etc. are all very much required for a smooth functioning of any business which could be availed in shared offices.

·         Motivation and network building: A shared office space is generally shared with other freelancers or small businesses who are also equally or more enthusiastic about their new venture from which one could adapt and learn many new things, motivate one another to perform better and also if their fields are anywhere related a collaboration could also take place.

Now in this fast-paced environment and with eager to succeed approach, working from shared spaces is surely worth a try. Instead of working from home or favourite local café, working from shared space yields better results.