Why do you need a shared office space?

The idea of the shared space comes with the added advantage of mitigating cost and increasing the knowledge at the same time. The shared space was initially regarded as the coworking space for the freelancers or startups. However, now it has become a viable option for companies of all size and scale. 

With the increasing demand for the shared workspace, the opportunities for the freshers and graduates has also enhanced. Be it a tech startup or some other field related startup, sharing the office space will not just enhance the opportunities for people but it will also bring growth in productivity of the employees. 

We’ll guide you through the advantages of having a shared office space which is pocket-friendly and at times become knowledge-sharing space benefiting all. 

4 Reasons to Acquire Shared Office Space

The startups can pay heed to the following point of benefits on acquiring a shared office space

Greater flexibility

The shared office space offers undoubted benefits of  flexibility under different regimes of conduct discussed as follows:

• Flexibility in Plan- The year on lease contract does not become a headache for the companies as a month-on-month membership is offered to the companies. The coworking space offers a private desk, operators on contract and private office membership which can be cancelled or renewed on a monthly basis. 
• Flexibility in Cost- The coworking space enables the founders and startups to mitigate their cost of working and producing effective products for their client. The shared office space does not have any upfront fees, deposit charges etc. This new workspace offers an enormous amount of opportunities for the founders to initiate their work with ease.
• Flexibility in Space- In comparison to the leased out workplace the shared office space offers a tremendous amount of flexibility under the situation of the increased workforce or shifting to a new desk. The flexibility provides a peace of mind which remains out of binding in case of a typical lease system. 

Networking

The shared office space offers a greater networking platform to share different ideas and ventures. Despite working on your particular field of expertise and enhancing the growth in productivity, mingling with other entrepreneurs under the same roof would help to envision different prospects for other things. Sharing knowledge will bring forth greater drive to learn new things and evaluate the previous task of conduct. The venture studios align the startups well to make the process of work more feasible. 

Access to Partnerships

Sharing the same platform gives access to the key players in the market. Cognizant of the recent development in the various fields making those things a key role in the processing of the work enhances productivity. 

The platform also makes it accessible for the founders to engage with different people and take them on board which would help to bring growth in their ventures. 

Services 

Besides the internet connectivity, telephones, desk and other furniture are taken care of by the administrative people. Under the lease out facility, the company has to deal with a lot of things from the car parking lot for the employees to other problems. 

But under coworking space, the founders will be provided with administrative services from the manager of the place. The services provided by them includes High-Speed Wifi, free printing and scanning centre, meeting rooms, beverages and etc.

The shared office space in HSR layout provides all sorts of facilities ranging from essential amenities, onsite support, workshops and meeting rooms. Apart from these facilities, the shared office space offers learning opportunities to all the founders working at the same place. 

For shared office space , visit 

https://www.theventurestudios.in/shared-office-space-hsr-layout-bangalore/

THE VENTURE STUDIOS - Coworking Space HSR Layout

Address:

#L-176, 2nd Floor, 5th Main, HSR Layout, Sector-6, Service Lane, Near Outer Ring Road, Bengaluru, Karnataka 560102

Phone:+919555533663

Do shared office spaces work?

Shared office spaces can also be called coworking spaces. It is a very fine concept and it has a long way to go. In shared office spaces, various companies work under the same roof and share the rent.

These people with shared office spaces get access to desks, tables and in most cases connectivity to the internet. Shared office spaces do work as there are a lot of offices like that. How it works is what that has to be answered in the following.

How shared office spaces work

The following points will showcase the work procedure of the shred office space.

● In a traditional office, people see the same people days after days and form a bond among each other. However, in a shared office space, there is no obligation of falling into a creative rut in that manner. People, in fact, can be more creative in a shared office space as they will get to interact with other workers working with other sets of ideas.
● Working in a shared office space solves the problem of distractions. In a shared office, the workers are able to focus and provide their best of productivity.
● The rent of shared office space is much cheaper as more than one company is sharing the price. It is, therefore, an advantage for people working in a shared office space.
● In a shared office, the collaboration also works well. If stuck in a matter, there will be enough people around to help in those regards. If congregated to work with several other startup firms, there will be a better chance of attracting new investors.
● In a shared office space, there will be all the necessary amenities to work well in an office-like environment.
● Shared office space in hsr layout provides a host of educational facilities that may include workshops, programming, panel discussion and many more. With these educational facilities, there is a better chance for various present startups to be successful.

Turning into a revenue stream

What is to be noted here is that coworking spaces may offer an appealing revenue stream. This revenue stream can be turned into a good source of income for the space owner. People who monetise the shared office space do so to expand their profit stream.

However, managing the resources and keeping them intact is another matter of task. The very basic model of generating good revenue out of a coworking space is when a start-up firm takes the responsibility of organising and managing resources of the shared office space.

That way, they are signing a lease of taking the responsibility, benefitting the owner of the shared office space. The venture studios is a fine example of that.

Shared office spaces do work in a lot of ways, as discussed above. They are not only less expensive but are also very beneficial for different startup companies.

The shared office spaces are well established all over the country and it has been generating a lot of profit. This concept of shared office is internationally known and locally regarded.

Many start-up companies have done outstanding work by renting a shared office space. This concept is gaining popularity rapidly and it has a long way to go.

THE VENTURE STUDIOS
Address:#L-176, 2nd Floor, 5th Main, HSR Layout, Sector-6, Service Lane, Near Outer Ring Road, Bengaluru, Karnataka 560102
Ph: 095555 33663

Why starting out in a coworking space is good for your startup?

A major risk is generally associated with startups. One may think about how to minimize overhead cost in the early years of a startup. 

Now, the expenses for availing a working place takes a considerable amount cost. And hence, you can minimize the expenses in the early years of a startup by opting for coworking place. 

To make the concept of coworking clear, it may be said coworking places avail all facilities of a traditional workplace but it is a communal workplace, which means employees from different companies can work together under one roof. 

In cities like Bangalore, the finding of coworking space is easy.

For instance, coworking space in HSR Layout can be considered. 

There are many advantages of a coworking place-

Low cost: Generally, a traditional working place can be availed with a contract that includes long term financial commitment. 

But in the case of coworking space, one can easily get a shared working desk on a monthly basis at a very low price. 

Moreover, most of the startups begin with an uncertain future and for a nimble startup, it is really difficult to afford own office or workspace.

Communication and collaboration with others: One of the many advantages of a coworking place is that you get the chance to meet with people from different fields. 

This provides ample scope for sharing skills and learning new things. 

You can also outsource your work within your coworking space, in case they fit the requirement of your startups.

Before choosing a co-working place, you must keep in mind certain things like focus on a particular industry or a space that includes varied industries. 

In the case of that instance, one gets the upper hand of communicating and interacting with various people from different fields and thus, one can get diversified ideas for successfully running of the business. 

On the other hand, a focused co-workplace like office space in HSR Layout can give you the advantage of sharing the workplace with people who are concerned about the same problem. 

However, before opting for a coworking place, some things must be kept in mind such as-

Firstly, a list must be made that includes what you like to have in the working place.

Secondly, find a working place that is suitable to your work culture. For example, if one desire to have a focused workspace then he should choose a workplace with the availability of private workstations.

Thirdly, you should lookout for a coworking space with a simple process of registration, leasing and billing terms.

Fourthly, there are some startups that need privacy like a lawyer or accountant. 

A person in these types of professionals if works in a co-working space without the facility of the private workstation then items on his/her computer can be viewed by other persons passing by.

Bangalore the technological hub and silicon valley of India. 

Shared office space in HSR layout is one of the best options since it is located in a residential area in Bangalore close to IT park. 

There is the availability of office space for rent in HSR layout.

Visit: The Venture studios website for more info

For More Info, Visit:THE VENTURE STUDIOS 

Address: #L-176, 2nd Floor, 5th Main, HSR Layout, Sector-6, Service Lane, Near Outer Ring Road, Bengaluru, Karnataka 560102Phone: 095555 33663

Why co-working space is ideal for startups

Over the years there have been many modifications to how we work, where we work, and who we work for. These changes are proportional to the advances that we have encountered in society in the fields of technology and human behaviour. 

One example of this is the evolution of the operation of startup organizations. In the past, even the billion-dollar companies had humble beginnings in garages, storerooms and kitchen tables but the modern day startups are taking birth in coworking spaces and serviced offices. 

With the rapid development of flexible workspaces in the industry, a shared workspace helps in adding a scent of professionalism, which might not be possible today with kitchen tables or garages.

About half of the startups in the US run their businesses from home, but your home environment may not provide the best ambience if your startup is growing and you need a proper space to hold meetings with your clients. Coworking is the answer to that problem. 

A coworking domain allows remote workers, small business owners and staff, and freelancers to work together under the same the ceiling in a shared work environment.

Big companies like Instagram, Indiegogo, Uber, Timehop and Wanderfly adopted the same philosophy during their early days. Other close to home examples include Venture Studios whose coworking space in HSR Layout is a well-connected and accessible locality. 

Coworking space, HSR layout (Visit: https://www.theventurestudios.in/best-coworking-space-bangalore/ ) is quite popular among startup founders in India.

The list of advantages include:

1. Has better facilities than your garage or home office: By now we all know the challenges, namely noise and non-business interruptions or distractions, that kitchen tables and garages might present to professionalism. 

Coworking spaces can provide you with everything that you may need to finish your project on time and that too with comfort and ease. An abundance of fresh space, light, furniture and desk area, work ambience and high-speed Wi-Fi connections are common in most coworking architectures. 

You will face lesser limitations and realise soon the increase in the pace of your work, that you initially started in your garage, in a shared workspace.

2. Builds a Human network: Coworking spaces are composed of a number of entrepreneurs, freelancers and small businesses so that every individual gets an opportunity to meet other like minds who are also trying to build a business. 

Shared workspaces often promote inter-community interactions where chats over coffee or lunch can quickly turn into an exchange of necessary work information or budding partnerships. 

Some coworking spaces organise events, which offers its people a range of ways to meet individuals from different communities or businesses thus widening relationships. 

It lets you learn something new from the people you meet and a few of the advice you receive can turn out to be highly beneficial for your startup.

3. Flexible and cost-effective: Well, having fun over kitchen tables now it’s time to consider the advantages of coworking over traditional office space rentals. Office spaces can be good for your startup but not always beneficial, especially owing to long term financial commitments. 

On the other hand, coworking allows you to rent meeting and working rooms on a daily or monthly basis thus saving a lot of expenses. 

For example, you could rent a shared desk for just $25 a day or $250 a month or a dedicated desk for $400 a month at a coworking space, if you are working in the Manhattan area of New York. 

Office rents come in at least $1,000/month. In Bangalore, coworking space in HSR layout offers similar facilities to growing companies.

4. Grows parallel to your business: Another advantage of a shared workspace is its scalability based on the performance or requirements of the business. 

If you suddenly need more facilities to support your business or need more employees to work on the project, it’s likely that the cheapest coworking space can be more flexible than a traditional office rental. 

That is why coworking space HSR layout is the first choice of startup founders who are in search for similar facilities.

For more info Vist : The Venture Studios

7 Things you need to know before renting a coworking office

With service sector expanding its reach, new job options are coming up. This creates a unique demand for more workspace in which this talent can be accommodated. Business owners thus are expanding their work and increasingly looking for new workspace. 

However, renting a premium workspace demands lot of resources which are not available always. This has given rise to the concept of coworking office.

Thinking of renting co working office in Bangalore? There are many points to consider and things to know before you take the final call regarding renting coworking space in hsr layout.

1.     Location

Coworking office in HSR layout is a great place to be as the business is good. Likewise, if you are looking forward to having worthy co working spaces in Bangalore, location is one criterion that you need to adhere to.

The location should be such that it is suitable for you and the client alike to commute and meet at. In cases, when you think that work can be done remotely, opt for coworking office that is near to your home also.

2.      Other inhabitants

Coworking space hsr layout provides a vibrant atmosphere. This is perhaps what a growing business will want. You will get a chance to meet and interact with new people who will bring worthy business to your establishment. Know about the place and other inhabitants in advance when looking for co working spaces in Bangalore. This will be helpful in long run.

3.      Ease of Commuting

Ease of commuting to the workplace should also be a priority in your mind when you are looking for a worthy co working spaces. The better connectivity you have with public transport, worthy would be the business.

4.      Futuristic and robust look

The coworking space chosen for the business should have a futuristic look. With technology being an integral part of the work culture, it is important that the coworking space has a futuristic look. The robust look will definitely boost the business and give you an edge over others in the competition.

5.      Amenities

Before you finalize the co working spaces it is great if you look for the general amenities in the area and specific amenities that the coworking space will be able to offer. Other tenants in the area will definitely be in a position to offer you some guidance and support in this regard.

6.      Budget

Budget is a great constraint at times. When choosing co working space, it is worthy if you keep the budget in mind. Going for a flashy looking office might seem to be a judicious decision initially but after the reality strikes, it would be a problem for you. It is better if planning is done adequately in advance and necessary steps be taken accordingly.

7.      Suitable for community events

The coworking space should be such that you are able to organize any specific or community event at the place. At times, business promotion events also need to be held for making the worth of your business look great.

If you have chosen the coworking office with this consideration, it will be of benefit to you in the long run and you are likely to see its good effects with the passage of time.

Rent a coworking office keeping these aspects in mind and you will make a better sense out of your business.

source: https://www.theventurestudios.in/best-coworking-space-bangalore/

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