Managed and shared workplaces have emerged as a new trend in the metros. Shared workplaces which are managed provide a great environment for start-ups to flourish. Start-ups have to deal with lot of restrictions, among which budget constraints take the lead. From setting up an office to paying salaries to the employees and then take care of post-hiring benefits and other hidden costs boils down to exorbitant operational costs. The CAPEX is high when you think of a new start-up.
Most importantly the office needs to be set. Start-ups have to plan everything ahead of their time. The approach should be futuristic. While a start-up might start with mere employee strength of 3-4 people, it can grow significantly to 10 and above. Once the employee size improves, the working conditions have to be tackled likewise. So as to balance between cost and employee benefits, shared office space option has to be explored.
Low Upfront Cost
Setting up a new office comes with a high upfront cost excluding the hidden charges. While a premium location in a metro will benefit the brand and enable easy marketing, the cost involved would rise significantly. Shared workplace model allows clients to pay nothing but a month’s rent. That rent in a managed workplace environment would mean inclusion of workstations, technology, staffing services and much more. The initial boils down to a month’s rent and the salary that you will pay your employees.
Social Network
When two or three start-ups come together, naturally, there is exchange of ideas. Knowledge sharing and brainstorming becomes a common occurrence in the office premises. Since the start-ups usually employ 10-15 employees at max, the strength is not good enough for social employee engagement. Employees get more people to interact with while business heads get a chance to discuss about their businesses. Sometimes, this set up also helps in lead generation and other process related developments.
Industry Specific Solutions
Shared office spaces can customize services to suit the requirements of the clients. Accordingly, seat rates or space rates are also decided. For example, in case of BPO seats, a workstation, dedicated telephone line with dialer and internet connection with information security is must. Shared office space that has managed infrastructure services at place can easily provide these privileges only on a smaller price.
About Gurgaon IT Hub: Gurgaon IT Hub offers a plug and play office environment and is a world class business centre with top of the line IT Infrastructure services. Besides offering a ready to move in and work environment, they offer excellent range of amenities including training, meeting and conference rooms, and breakout areas or shared office options, high speed internet, supported by an exceptionally experienced team of professionals.
