November 2019 - Vatika Business Centre

Business leaders with futuristic vision and Investment-savvy approaches are always astute to keep their spendings mindful. Especially, when it revolves around upgrading to a new office space waiting for the right time is rational. Needless to say, that upgrading to a new office space is an investment, at the same time pertinent when the time is right. There are certain costs that affect the long-term budget of a business, such as – high CAPEX which includes the overhead charges, AMCs and other statutory expenses, besides the OPEX cost which bite away the major chunk from the budget. However, despite the overheads, when your business expands, you reach a point where having an optimum office space or business centre becomes indispensable.

There are certain critical factors that discreetly demonstrate you to make an upgrade worthy:

1. When you are upsizing your team: If you are looking forward to expanding your team to a prime business location, it is always a good move to find the optimum office space before you go for that hiring spree. Once you start the hiring process, instead of conducting the recruitment process online or at hotel lobbies or coffee shops, it is way more inspiring to arrange it within office premises. In this way, candidates get to see the actual work premises and get motivated. Certain office spaces and business centres come with the option of hiring meeting rooms [on an hourly basis] or you can get your rental package as per your requirements with meeting and board rooms. Alternately, when you are shifting your team altogether, due to space issues in your current arrangement and you want instant plug-and-play office to minimize downtime; serviced office space is a perfect option.
Continue reading “4 Signs you are ready for an Office Upgrade in 2020”

In today’s swiftly changing workplace culture where the ‘millennials’ are holding more than 70 percent of the total workforce [who prefer working on-the-go from remote locations], the concept of a virtual office is definitely a boon. The changing professional landscape demands evolution in the way we work today. With the onset of smart devices, businesses no longer require cubicles and four-walled-office space permanently. In order to ensure a healthy lifestyle with the best efficiencies, a flexible working environment is vital. Further, virtual offices allow modern entrepreneurs to make the most of their CAPEX and construct a framework that helps in creating an ‘anywhere and anytime’ work culture. Most importantly, a virtual office space is a great advantage for such entrepreneurs who own a business however, to get it registered and hold a premium business address [printed on official collaterals] they need to have an office space.

Let us see the prominent factors that make virtual office spaces one of the best choices as we usher in the New Year:

1. Cost Effectiveness: Virtual Office space is a concept in which an entrepreneur need not hold any physical space permanently and still enjoy premium business address along with added services whenever required. Services such as – board rooms, meeting rooms, concierge services and other administrative services can be procured as per requirement. In this way, the capital expenditure which was previously dominated by office space, fit-outs and maintenance fee is reduced to a great extent. Hence, it directly leads businesses to invest more capital on their core business. As we are stepping up to a new era, innovative and cost-effective methods are imperative, making Virtual Office an impeccable choice.
Continue reading “Why a virtual office is a right choice for your growing business in 2020”