Difference between a rented office and a co-working, don’t miss it

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Difference between a rented office and a co-working, don’t miss it

coworking space in bangalore

Maintaining a rented office space all by yourself for your business that may even fail in a few years – is an absolutely risky deal. You are not only readily considering risking your time finding one such space but also ready to spend your money decorating it as per your needs.

Office setting-up challenges
Obviously, the vital necessary furniture, chairs, tables, computers or some kinds of machinery – all this and more goes into selecting and setting up your office space on rent. With such enormous challenges your workneeds to first overcome only then start to grow. On the other hand, being at a co-working office space will save you from organizing your own furniture or even training new staff in order to grow your client list. The difference between a rented office space and co-working space is not just precious and costly resource but so much energy and time. The hours are countless, isn’t it? These are some of the advantages of working in office space in Whitefield, in Bangalore.

Operating Costs
Generally miscellaneous costs like office maintenance and cleaning do not even strike out minds when we are planning to develop our rented office space. You will not be surprised to know that most operating costs, also known as overhead costs, are already built into the overall membership price.On the other hand, you will be delighted to know that co-working spaces vary in their memberships.

You may notice that typically co-working spaces memberships depend upon the type of office setting you are looking forward to. These may include private office, dedicated desk inside a shared workspace. However, each membership plan in a co-working space already includes operating costs for high-speed internet, so you do not have to bother about giving extra money for such vital services.Now that you have thoroughly understood that as the owner of your company, you are typically paying for operating/overhead costs for common spaces, internet, cleaning, and electricity.

Negotiating agreements
You may find it interesting about those negotiating agreements in traditional rented offices that ensure maximum revenue output. Sometimes it balances out the quality of the employee’s workspace. You may find it downgrading that sometimes eliminating some of the basic amenities that your workforce relies on may be not be negotiated properly. A brilliant example can be a shared kitchen that your employees would not like to share with others or be uncomfortable if you have chosen to discount it altogether.

Short-term benefits
Co-working operators, on the other hand, give their members the freedom to choose whenever they plan to utilize their space. They can choose to be based on affordability. This is the reason for office space in Whitefield to be so popular. This also means you are free to choose a working space, without getting locked into long-term contracts, which may sometimes last no less than 11 months. You are free to evaluate and reevaluate your membership level on a monthly basis and even drop out of it altogether.

1 Comment

  1. Sam says:

    interesting.

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