Coworking has a diverse following. Some, such as consultants and freelancers, are familiar with working outside the traditional office. Others, such as start-ups and new remote workers, see coworking as a good bridge between what they know and this new work style. When a few people decide to start a company, they cannot be 100% sure of its success and profitability.
They don't want to invest a lot of money and rent an office because they don't know if their business will last a few months or many years. Startups are often happy with desks in open spaces. Their main criteria is whether the workspace you offer fits their tight budget or not. The hybrid workforce is a relatively new term that came into use due to the rise of remote work. The trend began as a restriction caused by COVID-19, but transformed into a comfortable work style for millions of people.
For example, according to Forbes, 96% of American employees prefer to work in a hybrid way. In addition, almost half of them are not ready to go to the office in the future and would love to maintain the flexibility of the new normal work style. Freelancers and solo entrepreneurs are the so-called representatives of the economy collaborative. They work on their own contracting short-term contracts from local or foreign clients.
Freelance entrepreneurs rarely have classic nine-to-five schedules. They often work late into the night due to time differences and use their days off to meet deadlines. And the last type of flexible workspace members on this list are students. When universities closed their doors during the COVID-19 pandemic, coworking spaces began to notice more students coming through their doors. It's not easy to prepare for a complicated exam, such as a calculus test or for other academic problems, which students usually solve by sitting in a cafeteria doing nothing.
You need the cozy atmosphere of a coworking space, comfortable furniture, a large white board, good coffee, a ping-pong table or gaming companions during short breaks, etc. People who use coworking spaces see their work as meaningful. In addition to the type of work they do (freelancers who choose projects that interest them), for example, the people surveyed reported that they find meaning in the fact that they can dedicate themselves completely to the work. They are able to do this in a number of ways. Freelancers and remote workers often prefer coworking spaces because they offer a professional environment, access to services, and the opportunity to connect with other professionals.
Small business owners can use coworking spaces as satellite offices or to hold meetings with clients in a professional environment. They can run a small business in coworking spaces without spending a significant amount on organizing the latest amenities. TOP's managed and coworking spaces are responsible for all the expenses associated with running an office. This includes office furniture and equipment, rent, electricity, WiFi, security, cleaning service, printing and scanning, compliance, etc.
This saves companies time, effort and money, which they can use to improve their business. Companies that use TOP Coworking offices can save between 15 and 24% of their office operating costs. TOP is a leading coworking company in India that currently has 13 offices in Gurgaon, Noida and Delhi. More than 150 companies use our offices.
TOP's business is positive for EBDITA and grows at more than 100% per year. Over the next 3 years, TOP intends to expand to 100 offices in more than 7 cities in India with more than 1000 companies as clients. Each coworking space has its own environment, and the managers of each space do their best to cultivate a unique experience that meets the needs of their respective members. The Office Pass or TOP, as it is popularly known, is a coworking and managed office company for small and medium-sized enterprises (SMEs) in India.
Coworking spaces are also useful as your business grows, as you can usually add space if space is available. Some coworking spaces even offer private offices for a higher rate, but it's still better than renting an entire office to yourself. Freelancers tend to inhabit coworking spaces, since having a home office is not a guarantee and, even if you have space for one, the amount of distractions can be endless when you're at home. Coworking spaces are an arrangement in which different companies share a common office space and infrastructure.
Coworking spaces can provide an alternative study or research space for students and academics seeking a change of environment. The Office Pass (TOP) offers affordable coworking spaces equipped with a wide range of services in Delhi, Noida and Gurgaon. Whether the team decides to work there every day, schedule office days or attend meetings, coworking spaces are the perfect place for everyone to meet, exchange ideas and discuss important issues. Coworking spaces offer cost-effective office solutions for startups and entrepreneurs who may not have the resources to establish traditional office space.
As you can see, there are many types of people and companies that use coworking spaces because of their cost-effectiveness compared to renting office space. Working in such a configuration has several advantages and that's why different types of professionals today choose coworking spaces over traditional office configurations.