Why Are Companies Shifting to Coworking Spaces in India?

The idea of coworking spaces in India is growing at a fast pace. A coworking space is a commonly shared space where all the office infrastructure, amenities and services are shared and maintained by someone else. It is a place more than a premise where different yet like-minded people share a common working culture and infrastructure. The key idea is to work, network, grow and let the other important aspects get automated. It also supports innovation, creativity and idea exchanges.

Coworking isn’t just meant for freelancers and start-ups. Many well-established businesses, already owning offices are choosing coworking or shared office spaces to move some or all of their employees.

What about big companies?

Even big companies trying to enter new markets or industries generally start off with relatively small and active teams. In such cases, coworking spaces make sense so as to keep logistics easier and costs restrained. As the office grows, a quick team expansion favours adding space on-demand. Uncertainty about team growth rates can sometimes force companies to seek semi-permanent spaces. This lets companies give their employees the same feel of traditional, fully-stocked office environment, and that too without the need of long leasing commitments.

Here are some top reasons why many businesses are taking the leap into coworking spaces in India—  

More Focus On Core Business

Coworking is undeniably very convenient. They deal with internet, power, furnishing and all the other crucial operational tasks that keep things functioning smoothly behind the scenes. This lets companies focus on what’s important — their employees and their projects.

Flexibility (Pricing and Scaling Your Team)

Coworking spaces cater to a variety of business requirements in terms of pricing, privacy and desk space. They have pricing scales reflecting your team size and allow your company to grow in a flexible way.

Surrounded By More Innovative Businesses

A large percentage of co-workers are start-ups, early-stage businesses and freelancers who are constantly experimenting and iterating in a way that larger businesses can’t anymore.  Coworking spaces in India offer an environment with the constant buzz of new concepts, ideas and collaboration. Well-established companies have started moving their few employees into open office spaces to work alongside, and learn new approaches from start-ups and businesses. This helps companies retain a growth mindset, and new ways of thinking.

Better Job Satisfaction

Over the years, coworking has shown a drastic improvement in retention and job satisfaction amongst employees. They are more colourful, dynamic and open than most traditional offices, to which people respond positively. Employees get more control and flexibility over their work environment.

To be brief, there are myriad of benefits for companies and businesses to incorporate coworking into the way they do business. Every day is different with different people around, in coworking spaces. They are a new yet cost-effective, new age concept of networking and growing your business. Looking for the best coworking spaces in India can help you to be in a better position to boost your game to the next level!