Putting clients first!
India needs a larger ecosystem for startups where coworking spaces with accelerator services could help Indian entrepreneurs meet office infra requirements. Co-working office spaces are accessible at lower rents, deliver a more flexible working atmosphere and save running costs,"
Mr. Sachin k Sheoran, CEO & Founder - HBF Direct Limited
Why India need Coworking
India has the third-largest start-up ecosystem in the world, and about 10,500 new start-ups are expected to enter in the business by 2020.India is among the Asia-Pacific region's largest markets for collaborative workspaces. Originally, open spaces enjoyed success with start-ups and independent professionals but even large companies are switching to shared spaces today. Coworking provides not only an stimulating atmosphere for people to harness innovation and improve productivity, but also networking with professionals from a range of industries.
5 Reasons why coworking can benefit startups
The days gone when coworking was a niche idea, mainly related to freelancers and shared desks. According to a 2017 Cushman & Wake-field survey, demand for coworking spaces in the Asia-Pacific region is now rising by 10 to 15 per cent per year. This substantial rise in popularity is partly motivated by the growing number of startups that enter the coworking spaces. If you're still uncertain of the advantages of coworking, here are five reasons why coworking spaces will help startups thrive.
Startups also fail to find a working atmosphere which will allow them the versatility to scale their team. If you are a company founder looking to raise your headcount in the coming months, the last thing you want to do is to sign up for a two year office lease. This explains why more and more companies migrate into the coworking spaces.
Coworking spaces can provide the versatility that so many startups require, particularly in the early stages of development, by providing membership options ranging from dedicated desks to private offices. For example, a founder with only two or three employees may consider hotdesking at first, before moving to a larger office as her team expands.
Another factor entrepreneurs flock to coworking spaces is that they provide an alternative to the everyday hassle of operating an office space. What if then you could funnel the time and resources you spend on office managers or general maintenance into increasing your business? Coworking spaces start by managing everything from electricity bills to facility management
Since networking is an important way for startups to create a strong customer base, seeking a workspace that fosters organic business connections makes sense. Inherently, the coworking spaces are intended to facilitate networking and collaboration. For starters, starting up a conversation in the pantry over a cup of coffee or during a professional development session is very simple for Participants.
Coworking spaces also host daily networking activities, providing companies with a good forum to develop their business connections and attract new customers potentially. This increased exposure can only be an advantage for startups – especially if they try to generate word-of - mouth for their products or services.
Sourcing Freelance Talent
Sometimes it can be difficult to create a stable roster of freelancers and consultants for resource-strapped startups that rely on outsourcing. Since coworking spaces generally attract freelancers from a range of industries, they can serve as an ideal setting for startups to source talent.
Whether you need help with content creation, graphic design or HR, a fellow coworking member who can do the job is very likely to be found. And if your company can not afford to pay for these facilities, you can always plan for an exchange of expertise which will help all parties.
One of the key benefits of joining a coworking space is that it provides you with access to a network of experienced entrepreneurs. This gives you access to an established business network. If you're a startup founder in the early stages of starting your company, communicating with established founders is extremely important, because you can tap into their expertise. Many coworking spaces also provide programs of mentorship and arrange frequent seminars or discussions with business leaders.
Startups who opt for coworking spaces also find they are offering a unique support network that helps them scale up their business. For all the advantages of flexible employment, it's no surprise that more and more move free from the conventional office environment.
A young entrepreneur who start his/her startup learn so many things with community or experienced entrepreneur which they can easily find in coworking spaces.
When you are hiring employee or calling a client in your office, you can use co working facilities like training room, conference room on hourly basis and impress your client or employees
Let the number speak for us and our happy clients with coworking partners
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