3 Untold Benefits of a Shared Office Space

A powerful indicator of Confidence in the Economy

India’s office leasing nearly doubles in 3 months to $1 billion in the September quarter”.

This is great news for the marketing and sales teams. But for those companies who signed leases at very low rates in 2012 or 2013, the question thrown their way by their Accounts team is:

Can we afford the cost of the renewal??

With limited inventory at Premium locations like Lower Parel, the answer is NO

Business Centres like Empire are great propositions that offer ancillary services, many of which come at no additional cost to the client.

  1. Move-in coordination
    Office moves can be expensive, which is why businesses that are leasing traditional office space continue at the same locations.
    At Empire a company gets access to a specialized team to handle the move. The company can also be provided with a dedicated section at the Centre
    This limits the downtime for the Office and eliminates unnecessary delays
  2. Technical support:
    Most shared offices are already equipped with phone and Internet service at move-in, allowing business owners to plug in and go without spending time and money on tech setup.
  3. Pay for the Space You Actually need:
    Most companies lease for 3 to 5 years of space in anticipation of growth in the business. Typically a company with 50 employees will lease space that can house about 70 people.

Using a Business Centre as a base, if your current requirement is for 50 people, you pay for 50 people. As your business increases, scaling up office space is rarely an issue.
All of this adds up to thousands of Rupees in savings that can be funnelled back into the business

We hope this information proves useful and if you have any other ideas you would like to add, leave them in the below comments section. And most importantly, cheers to a successful you.

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