Tuesday 28 February 2017

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What coworking does for you

Freelancing is on the rise, and something that isn’t very fun is working alone from home or fighting for space at the local coffee shop. That is currently changing thanks to plugand play office space. By now, you’ve probably heard of coworking, yet, it is a lot more than resources and a place to business. Currently, coworking is a community and the future of how business will get done. Workers are tired of working in cubicles. In addition, working from home can feel isolationist. If you’re on a budget and a diet, working from a coffee shop can get pretty distracting. With coworking space inBangalore, you’re surrounded with other passionate people pursuing the same dreams of economic freedom and entrepreneurship. That can be quite motivating in and of itself. Below we take a look at the future of coworking spaces.

In 2005, the term coworking was first coined by Brad Neuberg to help describe his idea of working where independent workers could come together, collaborate and benefit from increased productivity and creativity. Since then shared office space inBangalore have cropped up in almost every major nook and corner. In fact, August 2 is now marked as the start of Global Coworking Week–a weeklong celebration of the concept of coworking. What makes coworking a force to be reckoned with is people enjoy the opportunity for community with an ecosystem of camaraderie, support and necessary items needed to make it in today’s hyper-competitive global business word.


What makes coworking viable

Coworking is the future of work. Coworking spaces have increased over 400 percent in the past four years–that says something about the demand for these types of spaces. Yet, far more than the resources, the value of coworking is in the relationships. With these types of spaces, you can find a network of people that you can immediately ask advice from–on any topic. You also realize that you’re all in the same boat–entrepreneurs trying to get more support than they would working home alone. If you make office space for entrepreneurs part of your weekly routine, you can get support from people that you should be around.

Built-in network

Traditional advertising continues to be less and less effective, this makes connections to other entrepreneurs even more critical. Moreover, research shows that entrepreneurs with large networks have a greater potential for growing larger businesses. Casting a wide networking net helps to get more opportunities, ideas and information. You might meet your next client, investor or future partner at a coworking space. On the other hand, you could meet a person who can refer you to the people you need to meet. You just never know where a simple conversation will go or who you will meet.


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Female-owned coworking spaces

Programming at female-owned coworking spaces and plug and play office space stretches beyond workplace skills. It focuses on the bigger picture to help women succeed.
In addition to the classes for professional development and networking events you’d find at most start up business office space, those owned by women integrate wellness programming. Membership at One Roof Women (locations in Culver City, Calif.; Montauk, N.Y. and Melbourne, Australia) includes yoga and meditation classes, both of which help manage the stress of work. Design is inspired by the idea of home, from the layout of lounge areas that resemble a living room, to the small details of a candle burning and Aesop hand lotion on every table.

Rather than try to recreate a typical office setting, Hera Hub provides work spaces that founder Felena Hanson says are focused on making you feel good overall: Live plants, candles, spa-like music, tranquil water fountains and a variety of comfortable seating — or even standing — work arrangements are a few of the features.


In similar fashion, Los Angeles-based Paper Dolls features artwork, fresh flowers, chandeliers, plush printed pillows and lots of natural light, while also providing amenities like private conference rooms and printers, which members need to be efficient. Members also have access to complimentary healthy snacks and beverages throughout the day. They foster shared office space in Bangalore where women can network, as well as find mentorship and guidance that can be difficult to access otherwise.
Hera Hub – whose members are a mix of 30- to 50-something attorney, CPAs, marketing experts, management consultants, authors and product developers – offers a 12-week program for startups to help flesh out new ideas and marketing strategies. Hera’s built-in funding arm allows women to invest in one another’s projects, as well.

L.A.-based Paper Dolls offers a tiered membership based on goals. The base-level Start-Up Sister ($99 per year), for instance, includes private networking events and discounts on trainings and speaker series. The Fearless Founder ($499 per year), includes the ability to host private events at the space, one-on-one business coaching, office space for entrepreneurs, opportunities to promote your business and complimentary webinars. And One Roof Women hosts business problem-solving sessions, guest speakers and one-on-one coaching.

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Women-owned coworking spaces accommodate childcare and personal care

The most significant upside to coworking and plug and play office space is that it makes work fit into your life, rather than forcing you to build your life around work. But female-owned spaces go further, still. When it opens next year, Women’s Plaza in Portland, Ore. will offer, in addition to childcare and yoga, massages and catered meals as well as life coaches, nutritionists, love and intimacy counselors, and fitness instructors.
“People don’t fit into a box anymore,” says Deborah Engel, founder of Work and Play in South Orange, N.J. “With today’s technology, people don’t need to be in the city at an office for eight hours a day and parents in our community don’t necessarily want to sign up for three to five full days of childcare at a traditional daycare center. Our main mission is to provide a solution for those looking for more flexibility as they try to balance life.” 

Shared office spacein Bangalore and office space forentrepreneurs offers onsite drop-in babysitting, with packages including 20 hours per week for workspace and childcare for approximately $1,200 per month, and slightly smaller packages like 12 hours per week of workspace and 12 hours of childcare for $740 a month. It can cost less than some childcare facilities and you’re gaining a place to work.


Another benefit of its South Orange location is that it lets people escape the choice between urban burnout and more spacious or affordable housing. More suburbs are beginning to follow suit. At Thrive in Gilbert, Ariz., women relish the chance to maintain an efficient workspace while still being close enough to home, yet also remain in a downtown hub where they can have a lunch meeting and head across the street to work or do a presentation.

Whether it’s a space in the center of L.A. or the suburbs of Phoenix, it seems the thing that all female-owned start up business office space have in common is that they seek to provide something women have fought for decades to find: A balance between their work and personal responsibilities.

These founders understand that some women could work best by jamming away at a keyboard in between tending to familial duties, while others prefer getting their writing done at 7 a.m. when they are most focused — and that they need a place that can satisfy both of those needs while helping them thrive.
We can only hope that this could have an affect on workplaces overall in the future

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Coworking trends 2017

Coworking has long been a side project of overcrowded cities. It’s role was providing tech hubs for entrepreneurs and freelancers. In 2017 that will be over as we see plugand play office space growing up into the collaborative workplace. Modern facility managers will borrow the name to attract a like-minded crowd into much larger, professionally run and flexibly paid spaces. If one was asks themselves– why does this happen? And there are in fact a few good reasons for it. Property owners as well as corporate enterprises love it!

Why property owners love the concept
When talking about the social workplace it’s easy to get excited by the traditional start upbusiness office space values like collaboration, openness, community, accessibility and sustainability. However like any movement that is going mainstream there are a few very cold, hard reasons for it. It seems that property owners and building operators are understanding those very well:
More return per sqft: The return per square foot can be around 300 percent of the return of an average leased space
Less vacancy: The small unit size from a single desk to a small suite makes facilities lean. Should there be open seats they can be quickly filled with one of the tenants on the waiting list.
Brand increase: Uplift of low profile building or even area
“Growing” tenants: Instead of getting into
Tech inside: No need for the landlord to think about the technology. Shared office space inBangalore operators bring the tech stack with them as a service.

Enterprises are on board too
Now the other group that gets excited about offering office space for entrepreneurs are the corporate companies. Call it social or collaborative workplace or lean enterprise – similar to landlords there are a few good reasons for them to buy in:
Local advantage: For many different industries it makes sense to have someone on ground for technical support, sales, community or management.


Recruiting: Relocating is a big decision and some talent might be easier hired if they can stay in their current city or choose they favorite city.

Instant ramp up: Finding an office, signing a long lease, hiring an interior architect, equipping it with the necessary technology takes 6+ months. Who has that time today?
Staying up to date: Exchanging new ideas, software tools or tech experiences with coworkers makes you think out of the box and helps stay at the cutting edge.

No technical overhead: Professional coworking operators provide enterprise level infrastructures from internet to printing or video conferencing and room booking.

Friday 24 February 2017

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Millenials love coworking

Millennials are major influencers of office design and will most likely factor into how companies address coworking in the years to come. This cohort has even altered the popular and ubiquitous open floor plan work environment because of the noise issue. An Oxford Economics survey found that 50 percent millennials who work in an open environment don't like the noise and wanted "uninterrupted work time." Other millennial-influenced office features include prewired Wi-Fi, game rooms, lounges and nap rooms.




In addition, a PricewaterhouseCoopers and Urban Land Institute report last October also predicted a move toward more coworking space in its annual "Emerging Trends in Real Estate" report for 2016, particularly for "knowledge workers," like lawyers and business consultants, in largeer markets.  

Executive office:Experts have also said that as millennials and younger workers enter the workforce straight from college, more of them are demanding different office environments that allow and encourage the flexibility and movability that they had during university. Younger employees also expect a strong sense of collaboration and integration of technology in their spaces
The concept of people who share values gathering in an area because of the synergy that happens from working with a group of talented people in the same space can be defined as coworking. It provides a source of inspiration, collaborations, networking and an amazing way of getting inspired as well as to create new prospects for your business.

Plug and play officespace provide professionals with the ability to move away from the distractions that come with working from home and get work done. It is usually equipped with amenities such as internet access, audio and video equipment, office equipment, reserved desks, meeting spaces and sometimes a kitchenette. There are numerous advantages that come with co-working especially for the small business owner, work-at-home professionals and entrepreneurs Business centre,
You become part of a community with co-working because it brings the feeling of being connected as opposed to being isolated. This helps to develop new ideas and innovations. You even get to communicate your ideas to people who share your vision and work together towards achieving your common goals. There are a number of factors to consider when choosing a co-working space and they include:
If being in a professional environment will make you more productive.

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 Business centre:If exposing your clients to other businesses bring about the issue of compe


The cost of the co-working space and how you will be paying, will it be in monthly installments or prepayment for a given amount of time.

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