August 12 2019

What does co-working offer to the Indian business landscape?

A thriving environment

Shared spaces provide the perfect opportunity for forming symbiotic business relationships and networking.

Here, it is possible to meet people from diverse backgrounds, discuss new ideas, and collaborate with free thinkers

from different  industries.

Part of a larger community

This same interaction shows individuals the vast world that exists beyond their sphere. This helps them understand

and adjust to changing dimensions of the work world.

The vibrancy and diversity that each individual brings into the co-working spaces creates an ecosystem of ideas

and innovations.

The right balance

Working within a set environment, with the same set of people, and following the same procedures can sometimes

narrow one’s perspective .

Being part of a shared environment allows individuals to collaborate, get exposure to new ideas, different ways of working

without  letting go of their independence.

The freewheeling freelancers

A fair chunk of the people utilising these office spaces are freelancers who want the freedom and flexibility to operate from

anywhere. Shared spaces offer them a professional work setup without the actual hassle of owning or renting it out.

Meeting rooms for interacting with clients in a professional setting beats a coffee shop.An inspiring work environment, ready

infrastructure and the latest technological support are some reasons that make co-working spaces so attractive to

many freelancers

The business of travel

The same works for business travellers too. Not every business or company has an office where its clients are. At such times,

having a professional business centre to bank on is critical. And the appeal of getting the same levels of service in

different cities is undeniable.

Webinar and conferencing facilities

Unrestrained internet connectivity and efficient tech support are the basic requirements for conducting a successful

seminar or VC, which freelancers don’t have access to from home or coffee shops. That’s where shared spaces come in

with their superior internet connections and tech-enabled VC options. Besides,of course providing the ambience to create

the right first impression.

Benefits for MNCs

As multinational companies expand into newer markets, they can consider working out of shared office spaces.

Such set-ups make more business sense as they can be customised.

They also require low security deposits and minimal effort for administration and facilities management.

The tech-savvy peeps

The entire world, literally and figuratively, is in the palm of one’s hands nowadays, thanks to smart phones and mobile apps.

Co-working spaces have been smart to catch up with this trend and offer apps that enable freelancers and businesses

to book shared office spaces and meeting rooms on the go and in real-time.