Office, Co-Working Or Business Center, Which Is Better?

Many entrepreneurs and freelancers when they start a new business often work from home to save costs, but there comes a time when they need a comfortable and well-equipped workspace to carry out their activity or they may need a meeting place on occasion. At that time, they must choose: office, co-working or business center.

Each way of working has its advantages and disadvantages, so we are going to analyze them so that you can decide what is best for your business.

An individual or shared office

This is one of the most classic options, you simply rent an office for your business or you share an office renting an office with other professionals. They are usually offices with independent rooms that do not facilitate collaboration but individual work.

An individual office for you can only be a bit expensive option, unless you choose something further from the center. An office in a shared office can be a good option to work in a more central area.

Business centers

Business centers are used for two things: to have companies domiciled and to rent professional offices or other spaces for companies. Business center in Delhi usually have additional services such as the reception and attention of telephone calls, rooms for meetings and events, etc.

business Centre in Delhi

The advantage over renting an individual office is that with the price we pay, we also cover the cost of electricity, internet, furniture, office cleaning, etc.

The disadvantage is that they continue to be spaces, like the individual offices that do not foster the relationship between companies, since they work in separate spaces, making it very difficult for synergies to arise or for collaborations to be established.

Co-working

It is perhaps the most flexible option for an entrepreneur who is starting a business since they usually offer several options: renting fixed or few hours a month jobs or attending events (without the need to rent a job).

These are open spaces that foster the relationship between entrepreneurs and, in addition, the co-working centers themselves usually schedule courses and various activities so that the entrepreneurs get to know each other and can collaborate professionally.

They usually offer various complementary services such as: internet, organization of events and courses, meeting rooms, etc. Sometimes they are very original spaces and they are usually in central places of the big cities, even in some cases they have other centers abroad that we can go to if we travel for work.

Co-working centers are a good idea for entrepreneurs who have just started, they work from home, but sometimes they need a space in which to focus or receive a client. Choosing one of the three previous options depends a lot on the type of activity you carry out, perhaps a more consolidated activity is better suited to ab office space in Connaught Place for that company.

While if it is a more creative activity, the relationship with other professionals who carry out activities complementary in a co-working can be beneficial.

Why Coworking Is A Good Investment For Your Company?

Do you know what a coworking space can do for your company? Coworking is becoming increasingly popular. SMEs, large companies and freelancers are looking for a flexible office to work. It is an ideal solution for small companies thinking of rented property in Delhi where the rental price is high. But there are still people who think that coworking is a trendy thing.

The reality is that coworking is not for every type of business. The advantages it offers can be counterproductive for one company and very effective for others.

Community

Coworking spaces are communities. Shared office space in Connaught place creates a relaxed environment in which you can develop your own network of working colleagues. There is no rigid office structure that has its own culture and social code. You can connect with the people in your environment the way you want.
And best of all, you have no rivals in the coworking communities. There is no one who says that your ideas are not worth it or that they cannot be developed. The atmosphere and community of a coworking site help you do inspiring work that you could never do in a classic office.

Flexibility

In large cities, traffic restrictions have already been introduced to reduce pollution levels. Shared office space in South Delhi can save you the time you waste every day in traffic. A coworking space also offers you flexibility in traveling around the city. For example, if you have meetings in the morning, but have nothing planned in the afternoon, you can go to work in a business center in Noida instead of going home.

Productivity

From your first day in coworking office space in bhikaji Cama place, you already discover that you no longer have to work with your enemy: yourself at home. When you have a flexible office, there is no one to distract you and nothing you can distract yourself with.
You have more productive days in a business center in Delhi because you don’t have to fix the little things that, for a reason, always take you an entire afternoon to fix. Doesn’t the internet work? Does your computer not connect to the printer to print? One calls the service people and it’s already fixed.

There is a certain degree of loneliness in working from home. Although loneliness can help you dream up new ideas, too much loneliness results in more stress and difficulty sleeping. To reduce your loneliness, go to social activities and events that are organized in business centers.

The advantages of a coworking space for your company.

A fully furnished office space in Noida can be beneficial for any company. Their sense of community creates opportunities to collaborate and to let your self-esteem grow. Your productivity is increased with a coworking space since you no longer waste time with housework, or small problems that arise when you work at home and loneliness does not affect you as much when you work outside some days.

Are you interested in having your own coworking office space in Jasola? Contact real estate agents in Delhi, so that you can find out about the options and plan a visit to the available coworking offices.

Coworking space: How it should be?

Coworking is a working method in which freelancers and company employees share the same working space and collaborate while maintaining their autonomous role.

If you have become aware of this new reality and want to inform yourself correctly on the subject, we suggest you read the article until the end!

Structure

The structure must foster concentration and work serenity. Working in a quiet space, without noise and noise, is fundamental for one’s own survival and that of others, as it avoids, or at least diminishes any nervous breakdown! The location must be able to host and offer different venues, properly separated, and each used for its own purpose.

Coworking environments

Coworking spaces are generally open-space. They must be bright and quite spacious rooms in order to accommodate large tables and chairs in adequate numbers. It is therefore advisable to install sockets that are functional for the convenient use of electronic devices such as computers, tablets, and so on. It would also be convenient to make available to everyone stationery and some computers of the structure itself, so as to facilitate those who do not have it or who, for various reasons, do not have the possibility of bringing their own with them.

Office-space

The presence of technological equipment is also very important such as projectors, sound systems, printers, and scanners. A type of furniture such as bookcases is necessary to be able to divide and store the various documents in an orderly manner, to find them easily and have them at hand in case of need.

Stations

Regarding your workspace, the options offered are mainly two. You can choose to work in a shared location, then in a table that has the capacity to accommodate more people, or in a private location, or a fixed desk, dedicated solely to you, without sharing the table.

Secondary areas

Being so many, the presence of an area of relaxation and refreshment is advisable in which the employees can converse with each other in peace and regenerate themselves during the lunch break. This area should be equipped with all useful appliances to heat and cool food, rinse dishes, and make coffee and tea. The water should be made available by the structure itself, inside bottles or containers so that everyone can use them without problems.

In addition to the coworking space and the dining area, there must be rooms that can be used as meeting rooms and individual offices. These spaces must be separated in order to obtain the privacy you need.

Rent offices also at short notice

Renting flexible office space for a monthly flat rate, including ancillary costs, is child’s play thanks to the temporary office. You still do not know what the future holds? The short rental periods from one month guarantee you all the freedom. Decide spontaneously, how long you need our office on time – even the immediate rental is no problem! Did you get the taste? Contact us without obligation- we will find the right offer for your needs.

4 Received Ideas About Office Renting

Our phone calls, face-to-face exchanges, and e-mail led us to hear a lot. Between false truths and true lies, clichés and received ideas, let us decipher together four accepted views on the rent of office space in Connaught place.

# 1 – “I do not understand why a 9m² office costs so much while I pay the same price for my 40m² apartment in the suburbs.”

The real estate housing markets and the real estate business are very different; it is not very easy to navigate. Especially when looking for offices for the first time. Taxation, legal and administrative procedures, fixed costs, etc. are more restrictive for the owner of a workspace. Also, a local business represents a more significant investment. Both regarding furniture (prices are up to 10 times higher than those for home appliances) and Internet providers for example (professional packages are systematically more expensive).

# 2 – “Your offices seem expensive. I saw a local three times cheaper and three times bigger in the agency.”

When looking for offices, you have to pay attention to several points before making an engaging decision. Especially if it’s the first time. Three main factors affect the price of an office: its geographical location; the services offered and the flexibility of the rental contract.

First, it’s easy to understand that a downtown office will cost more than an office in the middle of the countryside.

Then, a local rented naked will obviously be cheaper than an office equipped with furniture, internet connection, meeting room and so on.

Also, the flexible nature of a lease is of vital importance: the rent of a lease workspace with a commitment of 9 years (or lease 3/6/9) will be cheaper than its monthly rental. Just as it is more expensive to rent a hotel room than an apartment.

Finally, the trap to avoid is to rely only on the cost of a rental: a leasing office 3/6/9 may have low rent.

# 3 – “I open my business center, I put workstations in my box, we sell printers.”

Beware of vocabulary errors. If the service contract that binds you with the company(s) you are hosting is not regulated by the law, do not be mistaken: unlike a sharing approach for to reduce its costs, the provision of workspace for profit is a regulated activity.

Indeed, offering a third company to occupy part of your premises does not make you a business center, this status is reserved for companies whose business is the rental of equipped offices and the provision of services additional services (secretarial services, domiciliation, reception and postage of mail, commercial domiciliation, etc.).

If you want to make your office space in India available for professional use and make a profit, you will need to obtain an approval issued by the competent authorities.

# 4 – “The bigger it is, the better … I’m looking for a 100m² office … We’re two …”

When one starts one’s activity, and one looks for one’s first premises, it is easy to disperse.

Indeed, it is often considered the necessary area is taking into account the common areas, the kitchen, the relaxation area, etc. However, in the context of a flexible rental, we reason more in some positions or m² of office.

Good Plan: Rent an Independent Space

The workspace is a key concern in today’s businesses. We know that it affects the productivity and well-being of the salaried workforce. Of course, depending on the type of business structure and potential tenant profiles, the chosen workspace will be different.

In the general subconscious, by default, the typical workspace is represented by a private office (also called a closed office). However, other growing companies are turning their choice of space into new models. The independent space is an example. Focus.

Rent an independent space: why?

We know only too well: Delhi real estate has long been confronted with an overproduction of goods and workspaces left empty. The fault is accessibility conditions that are too complex, improper rental conditions, too high operating costs, etc.

The so-called “independent office space in connaught place” designates a workspace whose area is substantial (from 40-50m²) and whose structure is at the complete disposal of a company. This kind of space is very popular with growing companies (workforce, production or activity): it allows to adapt and anticipate growth.

Rent an independent space with flexible duration: is it possible?

Given the large number of work spaces without occupants, it was urgent to find solutions to fill them.

Today, the 3/6/9 lease, a classic form of lease agreement for a property, governs 98% of contracts. This contract commits a company to rent an office for at least 3 years, renewable up to 9 years, so 3 times.

New players, such as start-ups, small and medium-sized businesses, as well as independent professionals, are bringing their needs to the fore across India. Thus, in recent years, the form of professional activities mutate and France has become in a short time and in the eyes of the world, a real “factory to entrepreneurs” and “factory to startups”.

Few of these small organizations have visibility over 3 years- These first 3 years of life represent for many a critical threshold, since 80% of start-ups created do not go beyond this period. Few still have the opportunity to enter the rigid conditions of the lease 3/6/9.

Fortunately, new uses, the adaptation of real estate legislation and the development of new types of contracts make it possible to rent all types of office space over a flexible period.

New forms of leases have recently been created: the subletting of offices, the provision of services, flexible or derogatory leases, precarious leases, etc. Thus, it is possible to rent an office for a minimum of 1 month, up to 36 months.

To rent an independent space, the case is more particular: the idea is to optimize the rented properties in Delhi on a long term.

Not to be confused…

Because of its size and rather loose layout, the independent space is not to be confused with other types of spaces. An independent space has the advantage of being fully convertible, partition able, and configurable at the discretion of the tenant (depending on the rental contract chosen).

This differs mainly from other types of spaces such as:

  • Closed office (or private office), usually smaller;
  • The workstation in coworking, business center or open space, shared with other companies
  • Rent an independent space: different from coworking / business center

The idea behind renting such a space is not to work in complete autarky, but rather to emancipate itself from a framework in order to evolve by itself, without a third help. Renting an independent space is also suitable for companies with a certain foundation and financial stability.