Aug 12, 2020
In today’s competitive world, possessing a business and running a business profitably does not mean the same thing as it used to be a couple of decades ago. There are several innovations like the virtual offices and serviced offices which uses cloud technology and high-speed internet that have changed the workplace to be much better and convenient.
Hyderabad is one of the biggest and most progressive cities in India. Considering the high potential of the market, there are several startups mushrooming in the heart of Hyderabad. The present time has witnessed that the startup’s entrepreneurs are transitioning from the trend of working from home to working from fully furnished serviced offices in Hyderabad. The furnished office space is usually located in the prime locations and thus provide the startups with a prestigious business address. The best part is the flexibilities attached with these offices. By opting for such plug and play offices, there is absolutely no major investment and zero moving-in woes. The startups can opt for the best hassle-free turnovers by opting for the serviced office spaces in the city of Hyderabad.
Here are the 5 reasons shared and serviced offices in Hyderabad continue to boom in the present times.
- Cost-effective as compared to conventional offices
Serviced offices are in high demand among all kinds of businesses especially the startups. These offices are efficient and accessible. There are several startup entrepreneurs who prefer to make crucial considerations in terms of operational cost-cutting in the initial months of the startup. This has proved to offer increased accessibility and efficiency. There are several startup entrepreneurs and small businesses opting for this option in order to be profitable and sustainable.
- Flexible leasing terms
The fully furnished office space in Hyderabad is much in demand as they have absolutely flexible leasing terms. Some of them can be booked on the monthly, daily or hourly basis. Some require a booking of at least a month. Whereas, the conventional office usually has a minimum leasing period of one to two years which bind the businesses to use the space at least for that period of time even if they have some better option coming their way during that specified period. Also, the business demands of the modern day society have changed considerably. With the changing pattern of the business, a change in the office structure has also become necessary. The serviced offices are able to cater to the present day demands of the businesses and meet the expectations of the modern day startup entrepreneurs within their budget.
- A series of professional services provided
Apart from the fully-furnished offices, the furnished office space providers offer a series of professional services as they understand the requirements of the startups and solo entrepreneurs. Thus, they provide a series of professional services like admin and secretarial help as a part of the package. So, the humble startups are able to avail all the necessary professional services without any requirement to shed bigger amounts in hiring full-time human resources for secretarial and admin jobs.
- The office layout is well-designed to enhance productivity
One notable aspect of the serviced office spaces in Hyderabad is that once you enter one such office, you immediately get the right vibes for optimizing your productivity and creativity. With the several conventional offices not optimally built, there are several instances of the people not able to perform their best to their potential. The way the furniture and equipment are arranged in the office can affect the work of the employees to a large extent. As per several studies, a conducive work environment is very much required in order to increase the productivity as well as increasing the overall motivation of the people working in the work-space. A well-furnished and organized serviced office space is found to play a major role in uplifting the mood and overall motivation of the professionals working in that workspace.
- No investment on any fixed assets means fewer risks for the concerned business
When it comes to a serviced office space, there are flexible leasing terms for using these smart serviced office spaces. The bottom line is that the businesses have the minimal risk by choosing a plug and play office space as compared to a conventional one. There is absolutely no requirement of purchasing the new office equipment, enrolling for high-speed broadband internet connectivity and many other investments of money and time for the development of the fixed assets. The very fast pace of the growth of the businesses in different sectors can be very well supported by opting for the plug and play offices with all modern amenities in the city of Hyderabad.
So, if you are incubating your dream startup in the city of Hyderabad, then this may be a wise option to opt for a serviced office in Hyderabad rather than investing your time and money on building the fixed assets. This way, you save your time and resources which in lieu can be effectively used in your core business development.