Are you thinking of moving your business from your kitchen table or coffee shops to a more formal space? Here are 5 incredible benefits that a Business Center may offer.
- Easing Scaling up Jitters :
For many entrepreneurs, hiring their first employee is a major milestone and it can be terrifying. With a Business Center you only pay for that additional seat you need. In the unfortunate scenario, scaling up things don’t work out, you can always give up the additional space. Most stand alone office spaces
- Team Building:
If may offer opportunities to bond with fellow entrepreneurs. These interactions may help you with fine tuning your business model and may even help you garner new contacts.
- The Cool Factor:
A full service office in the heart of a major financial center like Mumbai, can add that extra oomph to your client meeting and your visiting card.
- Support Structure:
Above all, most entrepreneurs seem to value the social interaction they get from these places. You are surrounded with people who have gone through the same struggles as you.
- Financially Prudent:
At the time of signing a 5 year lease, the cost difference is anywhere between 2X to 3X as compared to one-year lease. With a business center there is more stability in pricing and there is usually an allowance to add more space as when required.
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.