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.

2. 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.

3. 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.

4. 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.

5. 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

Coworking, Private Offices, Custom Built, Dedicated Desk, Hot Desk, Virtual 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.

Innovation At A Coworking Space vs. Efficiency At A Conventional Office Space

 

There is always a perpetual question between efficiency and innovation. Efficiency is measurable, while innovation is not. Being efficient requires effective planning of your working day. When choosing innovation, the flexibility to ideate and evolve comes above all systematic ways of working. 

This can often appear as a dilemma that employers and employees frequently deal with.

Or, is there even a right answer?

Given an option between a coworking space and an office work environment, which suits you better? Truthfully, there is no right answer – only an individual choice.

If you are a driven, independent worker with excellent time management skills and mastery over digital communication, coworking is likely an appealing proposition. If you like structure and order and feel more confident when interacting with your peers face-to-face, traditional office will likely suit you. However, if you are somewhere in-between, this is your opportunity to transition fluidly between the two.

The great thing about this type of workspace is that there is no longer a norm – only what works.

Let’s begin with understanding what we get with a coworking space.

Advantages of a coworking space:

 1. Lower Costs: With a coworking space, you have the benefit of having access to the infrastructure and business amenities you need at a much lower price. You also avoid typically paying rent like an office or being roped into a lease.

2. Collaboration And Networking: There is something powerful about being surrounded by smart, creative people. In a high-energy coworking space, you get the opportunity to network with other entrepreneurs and freelancers, reach out to them for advice, and learn from them.

3. Community: When you put a bunch of smart people together, a community develops. Natural camaraderie builds a sense of identity within a community of intelligent, like-minded people.

Cons of coworking spaces:

1. Can Become Slightly Expensive: While coworking spaces tend to be more affordable than traditional offices, they are still more costly than working at home or a coffee shop. But that cost can be offset by the value you get in return.

2. Crowded Areas: There are always plenty of people around at all times. While this presents a host of networking opportunities, for some it could be distracting.

3. Shared Branding: A reputed coworking space might bring the additional challenge of trying to keep your own individual branding efforts intact. While this is definitely not the case for larger companies, it might worry freelancers or smaller entrepreneurs.

4. Availability of Shared Spaces: You share resources and meeting rooms with other coworking members, so you might have to schedule your usage of those areas in advance for whenever you need them.

Let’s compare the same with conventional office spaces and see how they fare.

Advantages Of A Conventional Space:

1. A Professional Space: Having a traditional office space ensures you always have a separate physical space to meet with clients, have meetings, and work with employees.

2. Collaboration: An office location gives you the advantage of having a physical place for employees to meet and collaborate on ideas.

3. Complete Control Over The Office Environment: When you have a physical space, you have full control over your office environment. All employees have access to the same tools and resources. You’re also better able to mould your company culture and ensure your output is always high quality.

Disadvantages of A Conventional Space:

1. Burns A Huge Hole In Your Pocket: Traditional offices often come with long-term leases and even more expensive pricing structures. There is no flexibility and impossible to maintain month on month for the emerging entrepreneurs.

2. Limited Networking Opportunities: There are little to no opportunities...read more 

Coworking, Private Offices, Custom Built, Dedicated Desk, Hot Desk, Virtual 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.

Keep This In Mind When Choosing The Right Coworking Space For Your Business!

 

India’s start-up culture is on the rise! And coworking spaces have rightfully taken its place under the spotlight as a perfect solution for the young millennial workforce. These range of spaces cater to anyone who owns a small business or simply freelancers who seek industry exposure in a cost-efficient manner.

If a coworking space is the way ahead for you, make sure to pick the right one suited to your business needs. There is a lot to consider when choosing a coworking space for yourself. Whether you’re used to the freelancing life, have just taken the plunge, started your entrepreneurial journey or are busy building your dream team – this new phase demands you to find a space that inspires!

With numerous coworking spaces mushrooming out so often, it can be quite tricky to find one that streamlines with your company’s vision. We’ve got your back, here are a few tips that will guide you to the perfect coworking space:

1. Select The Right Location

Does your work require you to stay at home or meet your clients frequently? If you’re going to use your coworking space to meet clients, then it’s ideal to be in a convenient location for them. Also, factor in how long you’re prepared to commute.

2. Budget

This is undoubtedly a significant factor in choosing a coworking space. When starting up a new business, there are many investments involved, so you want to keep your expenses down to a minimum level. Choose An affordable plug and play workspace that falls within your budgetary requirements. Noticing your monthly rent become a liability for you is the last thing you would want.

3. Get The Required Support

Once you have shortlisted a few spaces based on location, introspect further at what each one offers. There are two basic options for start-ups. You could choose an incubator (encourages mentorship and higher levels of support) or choose a more autonomous shared office space that’s open to anyone.

4. Ample Space For Your Team

Your coworking space must be spacious enough for all the team members to read more https://www.workafella.com/keep-this-in-mind-when-choosing-the-right-coworking-space-for-your-business/

Coworking, Private Offices, Custom Built, Dedicated Desk, Hot Desk, Virtual 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.

Ergonomically Designed Serviced Office Spaces Help Employees Thrive – Here’s Why!

 

Ergonomics implies: “designed for humans”. Well, in design terms, its “the study of people’s performance efficiency in their working environment”, but let’s not make it all complicated. It’s all about making working environments becoming for human occupancy.

While this all might seem like common sense, it’s surprising how often ‘people’ aren’t considered in the workplace design and construction.

The truth is that many businesses don’t think about it when they’re considering a workspace: A few workstations, some appliances, amenities– that’ll probably do. But just like a good laptop that helps ease your work you wouldn’t want to put perfectly good employees in a work environment that drains them from the moment they step through the door, would you?

Cluttered workstations are among the chief reason organizations battle with high-absenteeism and low-morale at the workplace. Workplace design should instead design to fit the human need rather than forcing people to fit into the design. Even the arrangement of furniture in an office should create an ambience that is friendly to your workers. This allows them to deliver the best results while at the peak of good health.

This is where workplace ergonomics come to the forefront. When you keep your workers first, you’ll reap the rewards, so a proper ergonomically informed setup is the key to any successful business.

Good office ergonomics necessitates adopting designs that suit your workstation, job requirement and your position. It concentrates on the placement of the chair, desk, keyboard, monitor and any other essential applications you may use. Modern-day customized office space designs consider good ergonomics as critical and are conceptualized with the motto of “for people and around people”.

An ideal example might look like a shared office space that avoids having closed spaces like cubicles, instead, encouraging a more open and dynamic work area.

Our goal is to provide sophisticated, high energy, fully furnished office spaces as a premium workspace provider. Here are just some elements that we at Workafella Western Aqua Hitech City have worked in, specifically tuned to your human’s needs:

1. Well-designed furniture to reduce fatigue

We choose nothing but the best when it comes to furniture. Be rest assured that our workstations can quickly adapt to any nature of work. Whether you are on a presentation, a team meeting, or even video conferencing, our designs ease into any of your business needs conveniently. Simple is the way forward!

2. Lux standard LED lighting

Our adherence to quality lighting ensures that your team can perform even tasks that require precision and fine-detail work without the hassles of shadows cast on what they’re doing or excessive eye strain.

You would have well-placed, right amount of lighting where and when you need to learn more https://www.workafella.com/ergonomically-designed-serviced-office-spaces-help-employees-thrive-heres-why/

Coworking, Private Offices, Custom Built, Dedicated Desk, Hot Desk, Virtual 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.

Is Your Company Taking Steps To Help Employees Achieve Work-Life-Balance?

 

Ask yourself a question – Do we live to work, or work to live? Most of us are done with work at the end of the day, but it could extend even into the weekend for many. Some of us welcome this while others disagree. The differentiator being, an employee-friendly organization makes sure to put its staff first over anything else as their top priority.

As an employer, you must understand your employees, their work-life goals, needs and desire, their expectations from work and most importantly, their personalities. It’s true that when it comes to maintaining a work-life balance, employees have to take responsibility and make sincere efforts. An employer could do a few things to help employees achieve and maintain a healthy work-life balance in a way that works for them.

A few workplace practices or changes to your workspace itself that help employers ensure their employees get the balance right are:

1. Provide Flexible And Remote Work

Majority of the employee’s place importance and value on flexible working. They prefer to be trusted with work, how they manage, when, where and how they do it. Employees value companies which empower them to manage their own time and work.

They feel appreciated in an organization where they know they could finish earlier, see a physician when needed or get a household job done, safe with the knowledge that their employer trusts that they would still get the work done on time.

2. Encourage Focus On Productivity Rather Than Hours

Rather than tracking the number of hours employees spend at work, encourage employees to complete a singular task. On some days, employees might need to put in extra effort to complete a task but get offset again when they do not need to work a full 8-hour day. One way to encourage this is to work out of dynamic customized workspaces to learn more https://www.workafella.com/is-your-company-taking-steps-to-help-employees-achieve-work-life-balance/

Coworking, Private Offices, Custom Built, Dedicated Desk, Hot Desk, Virtual 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.

Stop Operating Your Business And Start Leading Your Empire!

 

A leader establishes the direction for their team and then mobilizes them towards a set goal. But it’s challenging to accomplish that without an office to help create culture and shape an identity. This serves a few benefits – it helps in attracting, retaining talent as well as winning clients. The office environment also has a major impact on the team’s productivity, efficiency, general well-being and appeal for candidates.

Given below are a few things you should keep in mind for formulating the right atmosphere at work and gaining better insight into how your office’s layout or contents change the way your employees work.

1. Having a defined workplace is essential

For any activity which is undertaken; it is always necessary to have the required tools at hand. For instance, – if we are cooking, we need to have all the ingredients and cookware laid out. If someone likes to run, they usually lay out their gear the night before the morning run.

Similarly, the leader has to lay down a defined workplace before commencing the task at hand. It makes it easier to focus and helps the employees to get into the right headspace. A relaxed, quiet fully furnished office space environment helps to achieve this.

2. Branding yourself as an employer

Most of us are envious of global organizations such as Google, which are reputed for unique world-class office spaces that reflect their culture – think back to those fancy foosball tables! These plug and play office spaces also........to learn more https://www.workafella.com/stop-operating-your-business-and-start-leading-your-empire/

Coworking, Private Offices, Custom Built, Dedicated Desk, Hot Desk, Virtual 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.

Compelling reasons why you should consider entrepreneurship today!

Entrepreneurs are those who think and act unique. They draw on their inborn habits, personality traits, and mind-set to innovate and bring in ideas that often straddle the line between genius and insanity.

Entrepreneurship can lead to a beautiful life as it allows you to experience freedom while still generating a lavish income. You get to call the shots, set your schedule and answer to no one but yourself.

Below are few compelling reasons why you should consider becoming an entrepreneur:

1. Design your destiny

When you work for a nine-to-five job, you are at the mercy of your team leader and the company you work for. They control hiring and firing, and the engagement at work is substantial within those eight or nine hours, every day. Eventually, what happens in those hours affects your life beyond that time too. There is very little control within our hands.

Fortunately, the recent industry trends and its impact on the economy have opened up a select space for the daring. Gone are the days of working in a company for years and retiring with a pension. Today, being an entrepreneur is not a viable alternative but also the way ahead. Your income is significant to leave in the hands of someone else.

2. Freedom to spend time on your priorities

Chances are you’ve heard of this -Time and tide wait for none! Life is short and time is the one thing we can never get back. This automatically makes time one of your most valuable resources, and you should treat it accordingly. Entrepreneurship gives you the ability to balance and schedule your time.

If you want to spend more time with your family or have any unexpected life circumstances come up, you could decide to forgo work for that day. A regular job, on the other hand, does not give you that kind of flexibility. Your work should ideally fit into your life and not the other way around.

3. Unlock unlimited earning possibilities

Your earning potential is determined by the position or the contract that has been negotiated with a job. You could eventually get raises and promotions, but those are the exception. Your earning potential is limited, no matter how long you stay at that job.

The first few months of business might be tough on a realistic note, but those who jump into entrepreneurship are self-motivated to build a profitable business. Entrepreneurs strive to break the status quo and successfully grow their business and income. The beauty of entrepreneurship is that there are no gatekeepers to keep your income regulated.

4. Leave behind a lasting legacy

When you build a business, it becomes an asset that can eventually be inherited, carried on and passed down for generations altogether. What starts as a quest for freedom could end up as something of pride to your family.

Global firms such as Ford are a great example of how a business can be passed down through the ages and still impact lives. If your business is based around something you are passionate about, that passion will transparently show through.

Pro tip: Make sure to choose a fully furnished office space that’s ergonomically suited to your business needs

Coworking, Private Offices, Custom Built, Dedicated Desk, Hot Desk, Virtual 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.