Coworking FAQs - The Office Pass

Coworking FAQs

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What are the Coworking FAQs you should know?

There are several misconceptions regarding Coworking and what it means. Based on individual experiences, people have their own understanding with respect to Co-working, like

  1. It is an office space where two or more people belonging to different employer work together under the same roof
  2. It is Cafe converted into a workplace – used by Freelancers for a short duration of 1-3 hours a day – typically when Cafe has less footfall for lunch or dinner or off-peak hours
  3. It is a small office (private office) for 5-15 people inside a large office complex where all office-related services are provided by the Coworking operator

This blog aims to clear the air around this fast-emerging phenomenon of Coworking in India.

What is Coworking or Co-working?

As per Wikipedia, Coworking is a style of work that involves a shared workplace, often an office, and independent activity. Unlike in a typical office, coworking is usually not employed by the same organization.

Alternatively, “Coworking” or “Co-working,” is a generic word that’s generally used to describe any situation in which two or more people are working in the same place together, but not for the same company.

đź’ˇ Are you looking for Coworking space in Gurgaon, Noida or Delhi?. We are just a call away.
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Who should use Coworking?

Coworking is being used by an extremely diverse customer profile starting from Freelancers (team of 1-2), Micro Small & Medium Business (3-100 people) and Large companies (> 100 people). Initially, it was thought that Coworking would be suitable only for small businesses who want to conserve cash; but now it is gaining popularity even among large businesses.

The Office Pass, Coworking Space in Gurgaon 

Why someone should use Coworking?

There are several reasons why someone should use Coworking including Networking, Cost saving, Gaining new business, Flexibility and many more. Unlike the distractions of a home office or cafe, Co-working allows for maximum productivity.

What to look for in a Coworking space?

Important factors to be considered before finalizing a Coworking space are the Location of the space from your place of residence or business. Ideally, a place that is nearby or Neighbourhood Coworking space will be super effective. You should also check for the pricing and facilities offered by the Coworking space. Check for the Coworking office timings and see if these suit you or not. Finally, select a space that allows flexible in adding and removing employees without binding you in long term commitments.

How is Coworking space leasing different from Conventional leasing?  

There are several differences between leasing a Coworking space and Conventional leasing. Important differences are as under

Term

The normal duration (term) of Conventional leasing is 3+3+3 years whereas the term of Coworking leasing is monthly, daily or even hourly.

 Lock-in period

The lock-in period of conventional leasing is 3 years where-as the popular lock-in period of Coworking space is 1-3 months (depending on the space provider).

Rent basis

In Conventional leasing the basis of rent is the per square feet (psf) area whereas in Coworking the basis is number of workstations taken.

Table courtsey : CBRE reportCoworking Vs Conventional Leasing

Rent escalation

The Conventional leasing rent escalation is 5% per annum or 15% after every 3 years whereas in Coworking leasing one can expect an escalation of 5-10% per annum.

đź’ˇ Are you looking for Coworking space in Gurgaon, Noida or Delhi?. We are just a call away.
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How to choose A COWORKING SPACE?

The most effective way to find a co-working space is to ask for personal recommendations from someone in your circle who has used a space. Ask other small-business owners and people in your networking groups for their recommendations. Important factors to be considered before finalizing a Coworking space are the Location of the space from your place of residence or business.

In case you are unable to find someone in your circle; try going a Google search and look at reviews of spaces that pop-up. Reviews reflect the positives and negatives. Looks for coworking spaces that have a higher number of positive reviews.

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The Office Pass (TOP) launches 360 degree virtual tour of CoWorking offices

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The Office Pass (TOP) launched 360° virtual tours to reduce site visits, speed up sales, and attract remote coworkers.

360 degree virtual tour of Coworking office in Sohna Road, Gurgaon

As per the company, there are several secondary of this technology initiative

đź’ˇ Are you looking for Coworking space in Gurgaon, Noida or Delhi?. We are just a call away.
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  1. 360 degree virtual tour creates a great first impression for the co-working Office spaces

Unlike conventional offices, Co-working offices in general are fairly lively & vibrant. This new concept can find many takers – when the experience is offered to potential co-workers on their Desktops and Mobiles. The 360 degree virtual tour is essentially a peek into TOP’s co-working business – the product we want to promote and sell.

Since TOP controls the creation of the virtual tour – as long as it shows online users what they can expect, it is almost 100% guaranteed to create a great first impression. We have the advantage of being able to choose the best time, angle, and lighting to perfectly enhance our product. We need to careful to make sure that these virtual tours can be replicated by actual product experience!

  1. Zooming in on office spaces that are of importance to you

There are different aspects of a Co-working office space. There is a seating area (open seating & private office), a relaxation or break-out area, a café, a reception, storage, wash rooms, pantry, smoke area, telephone booths, meeting & conference rooms and many more.

Different areas have different importance for Co-workers. Zooming in on areas that are of importance may give insight that cannot be guaranteed thru a picture. Still images can’t do justice because they are one dimensional & non-interactive.

360 degree virtual tour of Coworking office near HUDA City Center, Gurgaon

  1. Entertainment value

The majority of online users are fascinated with virtual tours. Given the choice of viewing a virtual tour or still images – or worse yet, reading about the product – most would choose the coworking virtual tour. Statistically, people who use Google Maps or Google Street View end up searching for familiar places as well.

Coworking virtual tour launched by The Office Pass (TOP) introduces them to these features and by doing so, giving co-workers added entertainment value that positions the company as a technology leader in the coworking office space in Gurgaon and Delhi-NCR.

  1. Virtual tours are effective sales tools

All the above advantages can positively influence the sales volume & cycle. TOP is targeting that users interest in their office spaces is likely to increase by as much as 20% in 6 – 12 months time – thru this initiative.

đź’ˇ Are you looking for Coworking space in Gurgaon, Noida or Delhi?. We are just a call away.
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The 360 degree virtual tour along with the Online Booking and Payment platform (launched by the company last year) is likely to remove the un-necessary manual process involved in the coworking business. These initiatives will not only benefit the company’s members, but will also make the business model scalable.   

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Plug and Play Office Spaces

What are Plug and Play Offices?

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An office address makes a company look professional but setting up a full-fledged office can make a dent in your financial resources. Running an office also takes a lot of effort. Thus, it isn’t surprising to note that the number of offices has not risen as much as the number of small companies in India. For small companies, start-up entrepreneurs and freelancers, Plug and Play offices are a beneficial solution these days.

Plug and Play Office Spaces
Coworking Space in JMD Megapolis, Sohna Road, Gurgaon

What are Plug and Play Offices?

Plug and Play offices are virtual offices that give you the same benefits of a traditional office without having to spend a fortune. As the name suggests, these offices are ones where you can literally plug in your laptops and get to work. Many coworking and shared office spaces in Gurgaon offer plug and play facility to their members. The benefits of these spaces are limitless but for now, let’s take a look at some of the key benefits.

Top 7 Advantages of Plug and Play Office Space

  • Set Up Your Office Easily

Plug and Play offices allow you to start working as soon as you find a space that appeals to you. Unlike regular offices, you don’t need to worry about furnishing the space, getting it painted, etc. All you need to do is give your team the new address and plug your systems in.

đź’ˇ Are you looking for Coworking space in Gurgaon, Noida or Delhi?. We are just a call away.
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  • Stay Flexible

Unlike rented offices where you have to invest a full month’s rent and give at least a month’s notice before moving, you can choose to pay for the cabins and workspaces you use on the basis of how long you actually need them. There are no brokerage fees either. The absence of long-winded contracts means that you can change your package as and when needed.

  • Simplify Your Expenses

With a Plug and Play office, administrative support like electricity, high-speed internet, office maintenance etc. are not something you need to worry about. You also don’t need to worry about investing in coffee machines, printers, telephones, air conditioners etc. These are facilities that come with such coworking spaces and can be used whenever you need.

  • Build Your Network

In a traditional office set up, though many companies may have offices in the same building, you rarely get a chance to interact with others. Plug and Play offices break down these barriers. Here, multiple brands and companies share the same office space and its facilities. Thus, there’s a higher chance of meeting people from outside your company over the printer or coffee machine. This could help you get new leads and may even play a role in designing your business strategies.

  • Get Support Easily

Power cuts and internet issues are amongst the most common administrative issues an office dreads. With Plug and Play offices, you get easy support for any such issues. Some Plug and Play offices also offer IT support to all brands working in the space. That’s not all. You’ll also be able to share the services of office assistants without worrying about how to go about hiring them.

  • Find the Right Talent

Apart from established businesses, Plug and Play offices are also popular with freelancers. Need someone to design an ad or write copy for your website? You might find the right person at the next table in your coworking space in Gurgaon. Even though you haven’t hired the person as a full-time employee, since they’re working in the same space, you can keep a close eye on your project and ensure that the deadlines are met.

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  • A Healthier Work-Life Balance

Plug and Play offices are small communities in their own right. Thus, when it comes to festivals on special occasions, the celebration is a must. Many Plug and Play offices also organize regular events and activities at the end of the day or on weekends that get you out of work mode and give you an opportunity to interact with others and relax. You may even feel less stressed out in a Plug and Play office.

Whether you’re considering making the shift from working out of your home or from an expensive office space, it’s important to find the right Plug and Play office. Ideally, choose an office space that has parking, is well connected and in a good location. Ensure that you check on the facilities provided and understand what is and what isn’t included in your package. The best part is that since there isn’t along lease involved, you can always try out a space for a day or two before deciding on what’s best for you.

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Top Reasons Why Coworking Spaces Are Important

6 Reasons Why Coworking Spaces Are Important

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It’s said that when you love the work you do, everything else ceases to matter. But the reality is that without the right work environment, you may not be able to utilize your full potential. Most people tend to believe that working from a cafe or home is a dream proposition. What they don’t realize is that these places come with their own set of distractions and challenges. This is where coworking spaces come in! Coworking spaces blend in the comfort of a relaxed environment while still giving you a professional space where you can carry out your work in peace. In short, these spaces can change the way you work. Wondering how? In this blog, we talk about six reasons why coworking spaces are important.

6 Reasons Why You Should Work From A Coworking Space

  1. Helps to separate work from home
  2. Enhances your productivity
  3. Opens up networking opportunities
  4. Reduces costs and increases flexibility
  5. Offers the opportunity for expert advice
  6. Gives you a comfortable workspace with all the necessary facilities

 

The Office Pass Noida
The Office Pass (TOP) Coworking Space in Noida

1. Helps to separate work from home

Anyone who has worked from home will agree that the biggest drawback of working from home is the abundance of distractions it offers. When you are comfortably lounged on your sofa and have your kids, pets, family chores, visitors, and a lot of other home-related matters drawing your attention, work is bound to suffer. It can also happen that when you work from home, you are tempted to spend a couple of hours watching TV or catching up with the latest series on Netflix. A shared office space ensures a distraction-free environment and also lets you separate work from home.

2. Enhances your productivity

When you opt for coworking, you step into an environment full of people who are eager to carve out a niche in their own fields. The energy and positive mindset of the people working in such a space help to remove your own uncertainties and motivate you to overcome any downward trend in your work. Also, since such spaces are full of people who are not part of a single office or not vying for the same professional achievements, the sense of rivalry and competition is much less among the coworkers.

đź’ˇ Are you looking for Coworking space in Gurgaon, Noida or Delhi?. We are just a call away.
Call now: 08999 828282

3. Opens up networking opportunities

Coworking spaces are a melting pot of people with varied talents and belonging to different professional backgrounds. Being a part of such an environment opens up opportunities to network and get in touch with people who might be relevant for your business or work. For instance, if you are a freelancer coworking in Gurgaon and have co-workers who can connect you with potential clients situated in another part of the city or even beyond, you definitely stand to gain from such networking opportunities.

4. Reduces costs and increases flexibility

If you are considering renting office space, you will have to be financially ready to not just rent the space but spend on installing the required infrastructure and then maintaining them as well. With coworking space, you save on the cost and the hassles of renting and managing office space. Moreover, you can opt to work out of even prime locations without having to dig deep into your pockets. For instance, a shared office in Gurgaon will strain your purse much less than a rented office in the same area. You can also opt for a shared office near your home and save on commuting costs and time.

5. Offers the opportunity for expert advice

Most coworking spaces organize different kinds of events and programs to help co-workers gain a better foothold in their respective industries and become successful. As a member of a coworking space, you get to attend such programs and events without any extra cost. Apart from such events, you can also ask for expert professional advice from the talented people surrounding you when you face a roadblock in your work.

đź’ˇ Are you looking for Coworking space in Gurgaon, Noida or Delhi?. We are just a call away.
Call now: 08999 828282

6. Gives you a comfortable workspace with all the necessary facilities

Unlike traditional offices, coworking spaces ensure that you work in a comfortable environment. By a comfortable space, we mean access to all facilities such as refrigerator, microwave, internet, coffee machines, lockers, printers, and of course, parking space, and all that for free or a very nominal cost. Add to that a bright and cheerful ambiance, dotted with ergonomic chairs where you can sit and work for hours without straining your backbone.

These are the top 6 reasons why coworking spaces are important? Coworking is no longer a new concept. It is becoming a necessity for the millennials who want to work but on their own terms. Working at a coworking space or shared office space, you surround yourself with motivated and enthusiastic professionals like yourself. If you too are looking for a warm and friendly coworking space in Noida where you can have the best of your home and traditional office environment, kindly check out TheOfficePass.

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