How coworking space is redefining the way we work?

Coworking space is an office space where people of different professions work independently or collaboratively in a shared office space. They share the space as well as infrastructure which helps them in cutting down their expenses. The coworking sector in India is thriving and growing. These types of offices have become very popular and are seeing exponential growth in India. The number of coworking spaces is increasing in the country and one can easily find them all over the country. There are so many famous Coworking spaces in Chennai, Mumbai, Bangalore, Delhi, and other major cities where one can get all the amenities and facilities required at the workspace. India is the second-largest market of flexible workspace across the world, after China. Coworking spaces provide all the facilities which one can get in the traditional office such as high-speed Wi-Fi, business machinery, fax machines, printing and scanning facilities, kitchen, cafeteria, lunchroom, recreational areas, gaming zone, and many more in a very cheaper rate.

The coworking spaces are redefining the culture of working as they attract people and provides them with the opportunity to work as a remote worker. It not only attract freelancers, startups, and entrepreneurs, they also invite artists, designers, travellers, remote workers, and small teams. The virtual space and plug & play spaces are also the types of coworking spaces that are being shared by the professionals. In the coworking space, individuals don’t need to worry about the back end responsibilities like internet issues, power outages, and other internal issues. All the expenses are taken care of by the service providers. While in the traditional offices, one needs to pay the salaries to the technicians, administrative staff, and others. The service providers have taken care of the maintenance cost and other expenses. This thing saves a lot of money in which one can invest in the expansion of the business which eventually leads to the growth of the individual and company.

During the starting of the business, one needs to invest a heavy amount in leasing office space, buying furniture, and in setting up the office and later the money spent on the maintenance. In the coworking office, people can concentrate on their work without wasting their time and worrying about unnecessary things. It helps in increasing the efficiency of the individuals which helps them in working more efficiently. The environment of the traditional offices is competitive where people don't help others while in the traditional offices, the environment is motivating and people help others. They share their network with others and coworking space are all about community. Here one can expand their community and networks which them in getting more clients and projects. Coworking space provides an opportunity to work from remote locations and work flexible hours while in the traditional office one cannot have this opportunity. Here one can relax and indulge in recreational activities which helps in the rejuvenation of the mind and body which also helps in increasing productivity. If an employee is satisfied then he will help in the growth of the company by being more productive. Coworking space offers them an opportunity to work creatively and innovatively.