Showing posts with label Business Growth In 2021. Show all posts
Showing posts with label Business Growth In 2021. Show all posts

Monday, October 4, 2021

How Coworking Spaces Stand To Benefit Remote Workers

 

Remote work – the ability to work from anywhere- was recognized as a global work movement even before the pandemic compelled many to work from their homes. But it gained tremendous momentum in 2020 as people were inherently forced to look at alternative workspace options.

How is remote work defined?                           

Remote work is work from an alternative yet efficient workspace- not the traditional office. Remote workers use digital tools to handle tasks, complete projects and communicate internally. Remote work is facilitated by the necessary infrastructure, devices and a steady internet connection.

Contrary to what we perceive, remote work is a broad umbrella term that encompasses more than work from home to present more viable and economical options such as:

  • Working full-time from coworking spaces
  • Working remotely on a flexible/rotational office schedule (available in the office from time to time)

Is work from home and working remotely the same?

The answer is NO because ‘working remotely’ signals that you could be working alternatively from a coworking space.

If you are a company considering adopting a remote workplace style for your employees, here are compelling reasons why you should rent an office in a coworking space:

  1. Meet Inspiring Coworkers

Unlike a standard set of employees working in an office, a coworking space is a professional space for people who come from a diverse range of professionals – think web developers, software salespeople and e-commerce specialists or even graphic artists.

Coworking spaces can introduce you to so many types of professions you may have not even heard of and the diverse people who work in these professions.

These spaces buzz with people coding websites, writing novels or designing startups and is a far cry from the corporate talk and dry meetings most people know as an integral part of ‘professional life.’

  1. More Stimulating Than Traditional Offices

Have you ever worked with your laptop on a gallery seat? On an open deck? or simply de-stressed by resorting to a game of foosball? This is all possible in a day when you rent shared office spaces!

Sometimes a switch in surroundings is the best inspiration of all, which is why the best coworking spaces are designed with meditation rooms, outdoor deck space, social cafeterias, high-top tables, couches- you name it!

Coworking spaces are aesthetically and ergonomically planned, sporting creatively designed spaces to make you think beyond the box.

  1. Coworking Spaces Foster Entrepreneurship

Taking up fully-furnished coworking spaces are for those who work remotely already or any group of employees working for a small or large company that has sought office space at a coworking space.

Coworking spaces, a relatively new phenomenon, are usually future-focused, newly-built and therefore have incorporated creative and modern designs into their builds.

Entrepreneurship, because it can be outside the box, requires a certain level of an inspirational environment. Whether you and your team comprise three people or fifteen, being in a coworking space and using all its dynamic locations and benefits will likely inspire new ideas.

  1. Reduces Anxiety And Loneliness In Remote Workers

A feeling of isolation stems from prolonged periods of working from home or alone without any company making burnout and loneliness real concerns for remote workers ....read more

CoworkingPrivate OfficesCustom BuiltDedicated DeskHot DeskVirtual Offices & Meeting Rooms

We are a growing community of inspired professionals who work in creative & innovative spaces. Our vibrant business ecosystem offers flexible office plans, seamless connectivity and security. We are a contemporary workspace, A playground for minds, a powerhouse for brands.

We are Workafella.


Tuesday, March 2, 2021

The Most Important Step For You To Take As An Emerging Entrepreneur Today!

 


The beginning of another year always brings in an air of hope. Especially so for emerging entrepreneurs because it represents the time to list down goals with the aim of blazing past them soon in the future. That time is here now, to fix your sight on a big goal – “Setting up a new workspace”.

That can no doubt sound intimidating but here’s where we need to take a step back. It’s about the careful, step by step due diligence of your needs and requirements, before you decide on your workspace.

Here are some essential tips to help you make the right decision:

  1. The Nature And Culture Of Your Business:

The first consideration when looking for office space is the nature of your business. The ideal space should be large enough to accommodate all your employees and other operational work. For instance, there should be provisions for the storage of stock, materials, and anything else essential in your business’s function ability. On the other hand, if you’re not ready to take the leap to a larger space, you could even look at convenient shared office space options.

The ideal office space should also enable you and your employees to showcase the culture of your business. This shouldn’t be missed because the working environment plays a significant effect on the productivity and morale of your employees.

Get a workspace that motivates your staff to work harder and longer. Never play low on the image and reputation you intend to build your business when finalizing on your office space.

  1. Value For Money

Evaluate the pricing of each space to ensure that you’re getting value for your money. Sometimes lease contracts have many costs hidden in fine print. Take time to read the lease document or you may miss those charges.

Calculate the total costs of moving your business to the new space, including the cost of renovations and installations. Space should be worth every penny that your business will spend on monthly rent charges. One thing that can reduce the hassle significantly is to opt for a comfortable plug and play office, which allows you to save valuable time.

Profitability always has to be the driving factor. Additionally, the price should be within your budget for rent and leasing charges.

  1. Space Layout And Amenities

The office layout will determine if all the equipment and furniture that your startup needs will fit. While space may appear large enough, some furniture and equipment may not work depending on the layout. Appropriate lighting adds to the ambience as well.

You want to create a comfortable and safe working environment for your staff. The amenities present in the space can help you make a wise decision.

If you intend to meet most of your clients at the office, look for space with an accessible waiting area and access to a meeting room. Other important things like internet and telephone connections, parking facilities, and other amenities like a pantry and storage units also play in.

  1. The Right Location

One of the reasons for choosing a physical location for your startup is to convey the right impression to your clients. People trust brands with physical locations. Its easier for them to meet the owners and seek information about the business.

The location of your office space determines the image you create to your potential and existing clients. While renting or leasing a space in prime locations is quite expensive for a startup, choosing such locations helps you build your brand image.

Your clients and staff too should have an easy time accessing...read more

CoworkingPrivate OfficesCustom BuiltDedicated DeskHot DeskVirtual Offices & Meeting Rooms

We are a growing community of inspired professionals who work in creative & innovative spaces. Our vibrant business ecosystem offers flexible office plans, seamless connectivity and security. We are a contemporary workspace, A playground for minds, a powerhouse for brands.

We are Workafella.

What Does Your Plan To Accelerate Business Growth In 2021 Look Like?



Global economy endured its most challenging recession yet in 74 years, as the COVID-19 virus pandemic upended lives and livelihoods. The recession was unprecedented in its geographic scope, the central role of services, and in the scale of policy responses.

While we can predict that this setback will stay with us long into the near future, effective treatment will be widely available to the general population by mid-2021, facilitating the gateway to a newly recovering economy.

Let’s look at several ways to help you ride this rising curve and reach those targets you’re aiming at.

  1. Plan An Effective Business Growth strategy

Growth is fundamental to a business’ survival. That goes without a doubt. A solid growth strategy allows companies to expand their business. You can achieve growth by adding new locations, investing in customer acquisition, even something as simple as moving into a reputed shared office space to optimize your budget for other areas—a company’s industry and target market influences the growth strategies it will choose.

  1. Be Specific About What You Want To Accomplish.

“Make more money” or “grow my business” are both admirable goals to have, although both are too generic. Achieving goals become even more challenging when you lack precision. A company vision statement describes where you want your company to go, but not how you’re going to get there.

It’s an idea that should stretch the imagination and provide inspiration. The best vision statements are short, easily understood, and are exciting. It motivates and challenges your employees to perform to their best.

  1. Effective Communication With Employees

It is vital to the success of a business that the plan formulated is also accurately communicated.  All employees should be fully aware of what the project is, and most importantly, their role in it!

This open communication leads to an enhanced understanding; within the organization and externally. And it should be continuously reinforced by the business’s actions and behaviors. There is nothing worse than receiving mixed messages!

One way to encourage open communication lies in the infrastructural design itself. For example, intuitively designed coworking spaces that have open work culture facilitates free-flowing communication.

  1. Empower proactive employees

Employees who perform exactly as their job description states or do only as instructed can maintain the status quo but do not help your growth. You need to empower employees to push through performance goals and raise their capacity to perform. This helps hone leadership qualities in them.

It is essential to recognize that planning a Growth strategy is NOT just about making more sales!

To maximize returns, all functions of your business must be working in tandem and fully coordinated. The opposite of the silo mentality we often hear about, where individuals, departments, or entire divisions work to achieve their own goals completely neglecting the bigger picture.

Hiring the right people for your company is undoubtedly your way to ensure fast growth.

If you have staff who know their job throughout and are ready to give their best to accomplishing targets, then no one can prevent you from hitting the bull’s eye. Particularly for small businesses looking to grow, having the right players in the team changes the entire dynamics.

  1. Stay Adaptive And Flexible

If your company cannot quickly adapt to the changing market dynamics and shifting customer tastes, you’ll have difficulty keeping pace with your rivals. Worse, you’ll struggle to keep the customers you have – and will never have an opportunity to scale your business. Adaptation is key.... read more

CoworkingPrivate OfficesCustom BuiltDedicated DeskHot DeskVirtual Offices & Meeting Rooms

We are a growing community of inspired professionals who work in creative & innovative spaces. Our vibrant business ecosystem offers flexible office plans, seamless connectivity and security. We are a contemporary workspace, A playground for minds, a powerhouse for brands.

We are Workafella.