Amid increasing real estate prices, high inflation rates and unsteady global economic indicators, businesses are always on the lookout to reduce risks...
Amid increasing real estate prices, high inflation rates and unsteady global economic indicators, businesses are always on the lookout to reduce risks, maximize efficiency and cut down unnecessary expenses. One of the major fixed costs that influence balance sheets is the expense related to office infrastructure, lease and rents. There is an urgent need for smarter, more affordable and flexible office space solutions. Luckily, shared offices lead the way!
A shared office space is not only a great option for start-ups, but also for expanding your business to new cities or regions. With different businesses working from the same premises, facilities like reception/ welcome area, common areas, IT & telecom infrastructure and even meeting rooms are shared, hence dividing the fixed costs.
Apart from affordability, many other benefits make shared offices an ideal choice for setting up your operations.
Ø Flexibility
Every corporate structure is unique and a shared office space offers the flexibility to accommodate all types of hierarchies, team sizes and varying layout requirements – cabins, desks, shared services, etc. A business might need to increase or decrease the number of employees as per the requirements of a project. Shared offices offer such flexibility for reducing the office space so that you can pay only for the number of users.
One can expect state-of-the art infrastructure, meeting international corporate standards and on-demand value added services.
Ø Administration and IT Infrastructure
Starting a new venture or opening up a branch office requires a lot of planning, time and effort. One of the most critical factors (apart from choosing the right office space) is setting up an administration and IT backend so that your employees can work seamlessly. Infrastructure like high speed Internet, LAN, Wi-Fi, desk phones, printers, photocopiers, fax machines and video-conferencing facilities are standard requirements.
Ø Reduced Overhead Expenses
With a shared office, expenses related to lease agreements, security deposits, legal expenses, registration charges are spared.
Since a business can sign up for a flexible duration (number of months), it is insulated against external and uncontrollable factors such as municipal taxes, property taxes, rise in telecom or power tariffs, etc.
This saves a lot of critical start up time and cost that your business is otherwise likely to incur. This also ensures that your business is up and running in no time.
Ø Central Location
Every business aspires to be located at the most prestigious commercial address in the city. A shared office space can help you make this a reality. A great location not only allows your employees to commute easily, but also boosts networking opportunities.
Most leading serviced offices like Avanta have their facilities at the commercial centre of the city. E.g.Connaught Place in central Delhi or Saket in south Delhi.
Ø Networking Within your Office
One of advantages that you may never find in a traditional office setting is the possibility of business networking. With different businesses working under the same roof, there is tremendous scope for organizations to find complementary ventures working just across your own cubicle!
A shared office space can allow you to build better, stronger and highly efficient business relationships within your own office.
Ø Freedom from Peripheral Tasks
Along with the cost savings, the other important advantage of opting for a shared office space is the flexibility and freedom from backend tasks. Whether you are travelling on business, or are engaged in back-to-back meetings, you can rest assured that all the administrative requirements like call handling, call forwarding, mail handling and even meeting and greeting clients at the reception are being handled by professionals. Hence, your team remains highly productive and can focus on their core tasks.
Avanta Business Centres
If you are looking to start your business or set up an office in India, Avanta could be your best choice. This highly rated serviced office provider in India offers high quality serviced office spaces in New Delhi - the largest business hub in north India.
From fully functional office spaces and meeting rooms to flexible conference rooms and virtual offices, Avanta provides state-of-the-art facilities for a comfortable and comprehensive business experience. Customized office spaces, end-to-end administration and IT support, hospitality, conference rooms and virtual office facilities are all available in-house.
With 27,000 square feet of well-furnished space at the Statesman House in Connaught Place and 10,000 square feet at Southern Park in Saket, Avanta provides every facility and convenience for modern businesses.
Click here to book a tour or call us to know more about how Avanta can help you make the most out of your time and resources.
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