Why Choosing Co-Working Space for Startups is not a Cakewalk? Here are the Tips to Choose the Ideal Space
Co-working spaces in India are designed to be as dynamic as the people who will use them. They come with functionality and flexibility that you won’t come across in any typical office. So have you ever thought about working in a co-working space? Co-working space for startups?
Well, co-working space is defined as the sharing of office space by self-employed, independent professionals who are looking to work together in a communal, collaborative setting instead of a traditional employee-only office space. The concept of co-working offices comes with a lot of benefits that may make it an ideal choice for entrepreneurs and startups.
Although there are many factors that will undoubtedly impact your ultimate decision, this webcast has come up with the following points that will guide you towards choosing the best co-working space for startups.
Choosing the best Co-working Space for Startups
• Determine your Budget and Space Required
How many people are on your team as a startup business? Well, if it is just yourself, or two to three others, you might do well with either a general seating membership or dedicated desks in close proximity. Considering the number of remote work teams at present, sitting right next to one another might not be necessary enough. Conversely, if your startup already has few team members onboard, you might want to invest in a private office space.
• Find your Ideal Location
Location is tricky- especially in the metropolitan cities because with several great neighborhoods, choosing a work location is a daunting task. It will be preferable to go for a central location that comes with easy access for commuting. What is the average daily commute time in India and especially in corporate hubs like Gurgaon and Bangalore? Because anything longer can seriously impact the quality of life issue.
• Try to find out the Cultural Compatibility
While shaping and scaling your startup as an entrepreneur, it is important to consider the culture you wish to have onboard:
What exactly do you want to be known for?
How will team members communicate internally?
How will people feel while working for your company?
Company culture is essentially cultivating a team of people who hold similar values and have fun working together. It is about hiring the right employees and taking the initiative to connect everyone beyond their routine tasks.