India has embarked on the journey of becoming a digital nation with a self-sufficient start-up culture. With new incentives and better policies, most businesses in the country are projected to grow exponentially. This government impetus for businesses and SMEs will also give birth to a new breed of innovators and entrepreneurs.
Every budding entrepreneur who is looking to set new benchmarks with their innovative ideas, services and products, has one thing in common–they are all looking at setting up an office. Creating a dedicated office space is a significant step towards giving a solid base to both the business and employees. Any employee’s top priority is to be at a workplace where he/she can be most productive. However, being at an early stage one might consider something smaller, cheaper or more flexible. This would lead you to choose between renting a coworking space or leasing an office. Finding it hard to make this decision? While you work in full throttle for your business idea to boom, we have narrowed down a few things that’ll provide you with some clarity about the challenges you might face if you are thinking about a coworking space as an option for your business space needs.