How do Startups Search for Office Space in Bangalore?
Following the success stories scripted by Indian
startups Flipkart and Swiggy, more and more millennials are now venturing
towards entrepreneurship. Flipkart started from an apartment in Bangalore as an
online bookstore. Most startups today are similarly homegrown, beginning
operations from garage spaces or study rooms. However, as business increases,
ultimately, a dedicated office space becomes essential. Bangalore offers
competitive real estate prices than other metro cities like NCR and Mumbai.
Still, startups face many challenges in terms of funding and other constraints.
The shared office space Bangalore offers
are proving to be economical, convenient, and gaining popularity.
The needs of today’s startups are minimal. Reliable
electricity and high-speed internet connections, comfortable furniture, and
basic amenities cover it all. Startup owners are shunning long-term contracts,
exorbitant rents, and prohibitive security deposits of conventional office
spaces for coworking space in
Bangalore. Added benefits include the ready network of
like-minded individuals for collaboration and brainstorming.
Features you should look for to locate an exciting startup office space:
1.
Location: The location of a business is vital for its
growth. The ready availability of transportation, easy accessibility, and
nearness to potential clients are crucial when you consider space to set up
your office. The rent also depends on the location to a large extent. A less
popular area can fetch lower rents but might prove difficult to access. Some of
the places that are favourable for setting up a startup office space in
Bangalore include Koramangala, Whitefield, Indiranagar, Marathahalli, and
Electronic City.
2.
Cost: The rent is critical is deciding an office
space for startups looking to manage their resources and maximizing their
revenues. Making use of a coworking space in
Bangalore can efficiently reduce your overhead costs as
they offer attractive payment plans for startups.
3.
Amenities: The shared office space Bangalore offers come with
contemporary décor that stimulate creativity and boosts performance. These
office spaces come equipped with top-notch amenities like plug-n-play setups,
noise-cancelling headphones, power-backups, meeting-rooms with audiovisual
supports, and refreshment centres, and present easy solutions for your space
requirements.
The atmosphere of your workspace plays a crucial
role in smooth operations and success of your business. Some of the fundamental
considerations to bear in mind while deciding on an office space include safety
and security, size of the workspace, availability of housekeeping, and options
for customization. Choose from the myriad coworking spaces in Bangalore offering world-class
facilities with the convenience of flexible payments and boost the productivity
of your business.