It’s Convenient, It’s Encouraging, It’s New Age Era, yet it is very affordable, Yes It is Co Working Space. It’s time now to move in co working space rather than investing in setting up own office space.
The concept of Co-working space is rapidly developing around the world in all major cities where thousands of new entrepreneurs are participating and joining the co working spaces. The sharing office space concept developed in New York city with few dynamic minded people and gradually spread the concept across the word.
There are various advantages of working at co working space, first of All, it is very economical with no capital investment and no long locking period (minimum rental terms) as in commercial office space the minimum locking period is normally 3 years. Huge capital investment with long term fixed rental liability is a major hurdle when a young and new entrepreneur thinks of setting up his new venture. Where the current market scenario is kind of struggling economic conditions, it is very hard to start a new business with huge capital investment at initial stage of business in Office Decoration, Furnishing and fixed rental commitment.
Another aspect of co working space is you learn a lot, from various other companies and their employees working at same place. Everyone gets encouraged or impressed with other with multiple nature people around. Co working space, comes with a perfect work environment with all necessary factors one need to work and run smoothly its operations. Working under same roof and at same area makes decision faster and task execution becomes much easier.
Due to all above merits, time has come now to shift the investments towards coworking concept, since the demand of this kind of office is growing multifold across country and world.