4 Signs you are ready for an Office Upgrade in 2020

Categories : Business Centre, office space, Serviced Office

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.
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Why a virtual office is a right choice for your growing business in 2020

Categories : office space, Virtual Office Space

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.
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5 Factors to Consider When Choosing a Serviced Office Space this Year

Categories : Business Centre, office space, Serviced Office

Choosing a well connected and a fully-serviced office space which impresses clients and facilitates workplace wellness is an uphill task when you are at the other end of the table. Selecting an awesome workplace for your employees and clients become a tricky job, especially when you are at the verge of signing a rental agreement for your new serviced office space.

For a seasoned brand there are always a few critical factors that make a workplace basic to extraordinary. Starting from the ergonomics of the place, proximity to the nearest Metro Station, the parking spaces, voice-command based meeting rooms, digital flip charts, to its breakthrough areas, every trivial characteristic matters.

Although, it might seem an exciting feat now; however, there are always some hidden pitfalls and unforeseen expenses that can later pose a majors challenge for you, disrupting your day-to-day operations to affecting your staff morale and the most significant – the ‘BRAND IMAGE’.

Here are five intriguing questions that must influence your decision before you sign that rental agreement for a Serviced Office space this year:
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The Rise of Sustainable Office Spaces

Categories : office space

Workplace landscape is ever-evolving. Besides flexibility & openness in the last decade another important factor woven into the workplace fabric is sustainability. A growing number of businesses are realizing the importance of sustainable workplaces putting employee experience at its nub. And at many levels it has become a critical factor to attract and retain talent. Companies are putting in significant efforts to create sustainable office spaces that respect the environment, increase employee productivity and correlate to happier employee experiences.

But what has been the mainstay of sustainability at workplaces? Let’s take a look.

Revamping the Office Space Design

Companies are revamping their office space designs by making them nature-inspired using natural alternative materials while fostering their openness & transparency. Natural design elements subtly promote the open culture and infuse more breathing space at the workplace. Likewise vertical gardens imbued within workplace designs spread greenery with specifically chosen plants having air purifying qualities. Positioning indoor plants in walk-through areas & on the work-desks along with conscientious maintenance of porch areas is increasingly becoming an essential element of workplace design helping companies build a deep green environment. This not only boosts employee health but also keeps them recharged throughout. Continue reading “The Rise of Sustainable Office Spaces”

Demystifying Right Destinations for Office Spaces in Gurgaon

Categories : Business Centre, office space

Establishing business in an office space in Gurgaon is an uphill task. The road looks blocked with several factors like finding a prime location, entering into long-term lease contracts, shedding up a heavy investment, working on fit-outs and more. It takes humungous amount of time and effort to move in and eventually make a business operational. This is why the concept of flexible workspaces has captured significant attention of corporates & startups in the last decade.

Flexible workspaces have not only established corporates but also seen startups growing into unicorns. Prime locations, renting flexibility, cost-efficiency, networking opportunities and a quick start to the business are a few of the major factors that are driving exponential business establishment in these spaces.

Having four business centres at prime locations like MG Road, Golf Course Road and Sohna Road, Gurgaon; Vatika Business Centre is among the preferred choice of corporates for business establishment in the city. Over the years, Gurgaon has seen the emergence of various office space operators; however Vatika Business Centre has set itself apart due to significant differentiating factors such as: Continue reading “Demystifying Right Destinations for Office Spaces in Gurgaon”

Why are MNCs Driving High Demand for Office Spaces in India?

Categories : Business Centre, office space, Serviced Office

For over a decade the office space segment in India has undergone massive transformation. The trend has been shifted to flexible workspaces in place of leased spaces. With their vibrant ambience and a host of services without the hassle of long-term leasing commitments, flexible workspaces have become a full-grown segment in the Indian real estate market. Being home to several indigenous corporates & startups flexible workspaces have also become a rewarding avenue for the establishment of multinational companies in India.
As per CBRE’s Asia Pacific’s 2017 Occupier Survey, 64% of multinational occupiers plan to use some form of third party office solutions by 2020. Evidently multinational companies are betting heavily on flexible office spaces in India as a convenient mode of their business establishment. Let’s take a look at the key drivers for the increasing demand of office spaces in India: Continue reading “Why are MNCs Driving High Demand for Office Spaces in India?”

5 Cost-saving Factors of Serviced Offices

Categories : Serviced Office

Finding and renting an office space is a cumbersome process. Pulling off a huge upfront investment, signing a long lease agreement and arranging for fit-outs is a formidable task. This is why more and more corporates are turning to a cost-effective & convenient solution like serviced offices. With short-term leases, premium fitments, and expenses to be borne on ‘per desk’ basis; ready-to-move serviced offices are becoming the preferred choice for corporates.

However, there is more to it. Serviced offices are not only a convenient workspace solution but are also easy on the budget. Here is how serviced offices enable you shed less money than you would do in a leased office space:
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How Office Amenities & Work Culture Boost Team Productivity

Categories : office space

When you see your employees saying ‘Wow, it’s Monday!’ in place of feeling the ‘Monday Blues’, it is then that you have laid foundation for a strong culture in your office space. As employees spend most of their time at the workplace, a good culture might be the defining factor behind team productivity and company’s success. Adequate amenities in the office space and work culture are two crucial things that set the tone for a productive environment and determine employee loyalty. If you are constantly on the lookout to foster team productivity, here are a few points put together to help you do the same. Continue reading “How Office Amenities & Work Culture Boost Team Productivity”

4 Reasons Your Office Space Needs Relocation

Categories : office space

Relocating a business is a tough decision to make. There are a number of questions that come in its way – will relocation help achieving your goals or improve your brand image? Are your employees ready to shift? Will it be beneficial in the long-run? However, post a certain point of time, it is essential to analyze the pros and cons of staying at an office space where you begun. There are possibilities that it is relatively less conducive for your business growth or there are better office spaces where it can flourish. So, what determines that you need to relocate? Let’s discuss the top four reasons in detail.

1. Business Privacy

Your employees follow a culture that does not necessarily contribute to their performance at work. You follow a shared office culture where your business privacy is also compromised. The shallow walls that separate businesses in your shared workspace can neither protect your business information nor your employees from getting poached. The engagement activities and collaboration opportunities you chose your workspace for, now seem too overwhelming. Thus, it is better to get your business relocated to a new serviced office that supports a productive culture, doesn’t compromise on business privacy and provides some meaningful engagement activities.
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6 Factors to Consider Before Choosing a Serviced Office

Categories : Serviced Office

Choosing the right serviced office is an important determinant for your business growth. It is incredibly significant to ponder a few factors beforehand as office spaces have the brand image glued to them. From day to day operations, employee engagement & productivity, a flourishing work culture, client attraction and more, a serviced office must foster your business functions so that you make optimum utilization of your budget. There are a number of factors that must be considered before choosing a serviced office; however, following is a checklist of six vital factors for the same:

  1. A Landmark Location

Is my office located in a bustling commercial hub? Can my clients get there without any hassle? Are my employees comfortable reaching there every day? Before choosing a serviced office, it is important to consider its location. No matter how beautifully an office space is designed, it will not add prominence to your business presence if it is positioned aloof at a place which is hard to reach. Continue reading “6 Factors to Consider Before Choosing a Serviced Office”