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Is shared office space a good option for start-ups in India?

Shared office space has recently grown very popular, changing the face of commercial real estate. Shared office space is a co-working space that has several benefits making it the right option for start-ups in India. Shared offices in the new era suffice all the needs of a new business, making it prominent and staying here. Shared office spaces are trendy in large cities helping businesses small and big have their business address. With endless amenities and services, shared offices are serviced offices.


Mentioned below are some of the reasons that make shared office space the best option for India's start-ups.


Flexibility:


One of the most significant advantages of start-ups opting for shared office space is the flexibility in terms of the plan, cost, and space. If you opt for virtual office space, then it is available in shared offices. Here plans for clients are monthly, quarterly, and yearly, which is easy for start-ups. There are no upfront fees, no deposits helping start-ups to keep their cost down. You can also quickly increase your team and opt for a bigger space with no hurdles and extra paperwork that is remarkable.


Networking Opportunities:


Customized office spaces have several start-ups working under the same roof. This offers entrepreneurs the opportunity to network with one another and help their businesses grow. Growing a start-up can be tiresome and lonely but working in a shared office makes it easy and quick. There are several meetings and networking opportunities held by shared offices regularly. It is advised to make the best utilization of these special moments to grow your business properly.


Numerous amenities and services:


Shared office space is a complete office space as it offers all the amenities and services one would require to run a business. When you join a shared working, space you are greeted with innumerable services, some of which are mentioned below.


  • Free printing and scanning

  • Meeting rooms

  • High-speed wifi

  • Privacy nooks

  • Complimentary beverages

  • Mail distribution

  • Full Kitchenettes

Unlike in a private space, you have to take responsibility for everything. If the network goes down or there is a short circuit, it is your responsibility to get the job done. In a shared office, the entire responsibility is on the service provider.


Educational opportunities:


One of the most prominent benefits of shared working space is that it offers endless opportunities in education. There are workshops and hands-on programming opportunities that you can participate to gain knowledge. Shared offices are completely serviced offices helping start-ups manage several issues that they face initially. The educations help start-ups to realize their hurdles and challenge them for better performance.


Conclusion:


The points mentioned above explain the benefits of opting for a shared office in India, especially for start-ups. Shared offices have flexible terms, endless amenities, and educational opportunities that make them unique.


This article explains whether shared office space is a good option for start-ups in India.

DBS Business Centers is one of the most renowned flexible office solutions providers to businesses and start-ups, having its branches in Delhi and Mumbai.


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