Traditional offices were the places where the employees of the company work together as a team at the place assigned to them as their office where only the people associated with their company were allowed to work and no other company were allowed to work there.
Coming to the modern age of working, in today’s age, everybody wants to be their own boss. Keeping this fact in mind, people are increasingly working in coworking spaces. Coworking is an arrangement in which several workers from different companies share an office space, allowing cost savings and convenience using common infrastructure, such as equipment, utilities, and receptionist and custodial services, and in some cases refreshments and parcel acceptance services. Most of the corporates tend to have spaces in traditional office building and those building cost would be cheaper sometime but not cost effective. Even coworking spaces in Gurgaon also have a high level of competition in providing spaces, the pricing part is quite varies depending upon the locality as well.
Coworking spaces are the best choice for startups that want flexibility, networking opportunities, shorter lease terms, and readily available or temporary office space. Working alongside other entrepreneurs and specialists in different industries can help you build professional relationships and take advantage of networking opportunities that can boost your exposure and get your brand out there.
In any office the number of employees may increase of decrease and traditional office may require additional office space in future but working space do have the possibility to expand a team without changing any office address.
The coworking space has lots of benefits which traditional office may not provide!
Flexibility at workspace - Coworking spaces allow individuals to move around within the area
Networking opportunities - There are many opportunities to meet individuals who you may not have met otherwise.
No other expenses. Costs like utilities, renovations and furniture are all included in your fee. There are no high up-front costs or long-term commitments. You can pay month-to-month, or choose a different plan depending on the space you choose
Convenient - Most coworking spaces are also conveniently situated in busy areas close to other offices, malls, and transportation hubs. You could choose one near where your clients and colleagues live to make meetings easier to schedule.
While thinking of traditional office which anyone rent in a sq ft area basis, however it all depends in how much area how many teams' member accommodates, there would be no exact area confirmed. But in the other side coworking space provide you the exact amount of area used for their employee. How many numbers of workstations required it all depends? So, in comparison for expanding the team coworking is the best solution for any company.