Monday, 20 April 2020

Beneficiaries of shared offices


In today’s time not only freelancers such as writers, web developers, research associates and brokers benefit big time from shared office space for rent but also well established companies with flourishing business in order to carry out work objectives. Also, a lot of businesses require field service hence hiring a full-time office space would unnecessarily be an extra cost which they would incur for no reason. Demand for shared office for rent has suddenly been rising since individuals and companies prefer hiring them either for internal or client meetings or for having brainstorming sessions for business plans or for overall functioning and review of the company. Some of the advantages of hiring shared offices:-

1.       Low operational cost

The concept of shared offices brings to us the flexible rental plans that allow having the workplaces on a daily, weekly or monthly basis that certainly comes as a blessing to working professionals. The fixed cost like infrastructure cost or monthly lease of hiring a commercial space is cut when one opts to rent shared office space.

2.       Carrying out conferences

A lot of times when individuals travel to other cities for business conferences they have an additional burden of finding hotels or places and along with that cost of booking the same. By sharing offices the entrepreneurs and companies have major things looked after such as having a space in the prime location of the city which adds a code of professionalism, have all the amenities required for the conferences to be carried out, low budget space and on top of all this it certainly provides a distinct work environment kind of ambience.

3.       Office address

The offline entity of any form of business is its office address. When companies whether big or small or freelancers mention a commercial centre as place from where they operate during meetings with clients or vendors or on online portals helps give them an edge over there fellow competitors. The shared office gives a space that can easily be located while finding it on the maps and plus the spaces as usually located in the most talked about places in the city.

Thus, shared office rental is a saver for upcoming and flourished businesses since it helps in not making a hole in a person’s pocket. It is the most cost-effective way of running a business where the old school concept of dedicated office space is replaced by a more modern and flexible concept of shared office space.


Thursday, 2 April 2020

Co-working spaces amidst the crisis





Within a span of mere few weeks, the everyday work, routine, communication, and daily navigation has changed drastically changed. The spread of coronavirus (COVID-19) across the world has caused companies to bring their activities to a standstill. They are now trying to completely readjust their operations and establish productive work from home environment with an effort to halt the spread and, sustain their share in business during these challenging times and after this phase too.

Governments across the globe have ordered people to stay home unless they are providers of essential services or its absolute essential for them to step out of the house. This situation has forced businesses largest remote-work experiment to the date.

For the co-working industry, in particular, the global pandemic has proved to be a threatening adversary to typical operations and functioning, requiring many spaces to close their doors to members. To weather this storm of uncertainty, co-working space providers are under pressure to reevaluate their business model, services, and offerings in light of changes occurring during and post the crisis, sanitation practices to be followed, credit or payment terms that seem lucrative for members and encourage them to avail the solutions quickly and more.

At Meetings and offices, we deeply care about the spaces listed with us and our community and intend to extend our support during these uncertain times. We are engaging with our members and navigating the solutions that shall be deemed as the best suited. We shall follow the best practices laid by the industry as that is the only way to survive and thrive as a global community. With everyone doing their part in preventing the pandemic spread — whether that be working remotely from home, increasing sanitation, or providing a new perspective to the outbreak; many space owners are optimistic that things will soon return to normalcy once the disease curve has flattened. This situation can be a chance to make people explore and find new and more productive ways to work. Co-working will any day be a cost-effective option for budding and re-modeled entrepreneurs. Once the health issue is stabilized, the financial impact may hit the most hard. Cities like Mumbai, the financial capital of the country and Bengaluru being the IT hub of India will start reinforcing the facilities to create a new wave of an economic boost. Co-working space in Mumbai or co-workingspace in Bengaluru will be the best bet to start those discussions and meetings again, ensure they are productive, and save money, both for the workers and for the company. It will be interesting to see how the situation evolves in the next few months to come and how co-working spaces will respond. We at Meetings and Offices are prepared.