InstaOffice Blog Blog

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How can boosting efficiency in SMEs and entrepreneurship help the economy?

 Entrepreneurship in itself is an important driver of economic growth, job creation and competitiveness. It is what leads to the creation of SMEs it becomes a major contributor to the global economy and development. SMEs have a key role in ensuring economic growth in a sustainable manner. SMEs make up more than 95% of all businesses in the whole world. They represent a path out of poverty for many people across developing countries.

What are SMEs exactly?

As there isn’t a set definition of SME that applies globally each country gets to set its own definition, and they decide to set specific limits. In the European Union, a business with less than 250 employees is considered an SME. While on the other hand in US, an SME can have a lot more, up to 1,200 employees.

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Co-working space or regular office?  Here’s your answer.

In this era of the popularity of flexible and Coworking office spaces is on the rise and continues to challenge traditional conceptions of what an office space could be and should look like.

Everyone has a different personality and no business or employee approaches their work in the same way, meaning that different office approaches are suited to different people and or companies and organisations. 

As far as the definitions go ‘Traditional Offices’ are solely yours, which means only employees of one company can use that one particular office. Each person is given a cubicle or private office. 

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What is Coworking?

Coworking is an open and cost-effective space where people share an office and help each other with their work and talk about their problems, bounce ideas around which also brings forth many new start-ups and brings forth fresh perspectives from people of different backgrounds. 

Instead of everyone being in the same industry working for the same people having the same employers and bosses, In Coworking people come from all types of companies having different aspirations and different sets of tools. 

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What is a Virtual Office Space and how do they work?

A virtual office isn’t exactly like coworking but gives businesses a physical address and office-related services without having to sign and undertake a long lease and with it the administrative staff. In a virtual office, employees can work from anywhere but still have things like a mailing address, videoconferencing and more.

A Virtual office operates as one unit to serve customers but does not exist in a fixed location. This type of setup is really popular with startups and small businesses that want to minimize the money expenditure.

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Coworking Space, what it is and why you should choose it?

Coworking space is an open and cost effective space where people share an office and help each other with their work, talk about their problems and bounce ideas . Co-working also brings forth many new start-ups and brings forth fresh perspectives from people of different backgrounds. 

Everyone being in the same industry, having the same employers and bosses is pretty boring. Coworking also ensures that people come from all types of companies having different aspirations and different sets of tools. 

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How to find your Shared Office space

Intro: The basic idea behind shared office space is as the name suggests, an open office where people bounce ideas off each other, talk about their work and problems which also brings forth many new start-ups and brings forth fresh perspectives. Instead of everyone being in the same industry working for the same people having the same old boss, people come from all types of companies.

Whom is Shared Office Space for and why?

You may be a startup founder, web designer, writer or an entrepreneur starting your own journey looking to make it big in this world but lost and out of ideas, tired of distractions in your house, you might want to look at shared office spaces near your locations.

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Must-follow Covid Precautionary Measures for Coworking Occupants

The entire world is facing the adverse effects of COVID-19. While most of us have spent over two months in quarantine, we all are looking forward to the end of lockdown soon.

Lockdown 4.0 came with a little more relaxation, and some of us resumed work from the office. As more and more individuals get ready to go to the offices, it’s essential to take key measures to protect ourselves, our families, and the society at large.

InstaOffice has taken all necessary measures within it’s office spaces and continuously working with the Industry partners for adopting the necessary steps to fight the pandemic.

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How to Resume Your Startup After Lockdown 4.0

Once the lockdown is lifted and normalcy returns, many startups will have to examine how they will work. They should pay serious consideration to rent an office in a coworking space because such an office is virtually immune to the impact of a pandemic induced lockdown.

The current lockdown is not the last; there will be others in the future. Startups have to take this fact into account- in the future, their business may be adversely affected by lockdowns.

Importantly, COVID-19- in addition to costing precious lives is creating behavioral changes that will have a lasting effect. Social distancing measures will likely be followed for months.

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5 Ways Coworking Can Fix Post COVID-19 Lockdown Economy

Nowadays the circumstances are notably difficult at every instance. There is uncertainty everywhere. The measure of disruption the COVID-19 lockdown has brought to the Indian economy has made the current and future scenario very tough to deal with. During the COVID-19 lockdown, an estimated 14 crore (140 million) people have lost employment.

On 12 April 2020, a World Bank report focusing on South Asia said that India’s economy is expected to grow 1.5% to 2.8% for FY21. This will be the lowest growth for India in 30 years. The World Bank report said that the pandemic has “magnified pre-existing risks to India’s economic outlook”.

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Some of your favourite brands are built at InstaOffice Coworking! Here’s why you should too

Discover how the right coworking space can help you save precious company resources and reduce expenses significantly. How brands did that with InstaOffice Coworking.

Smart organisations these days need to be agile at their core. In these times of accelerated growth and expansion, it’s not very wise to tie up precious company resources in providing a smart, productivity-focused workplace for your hardworking employees.

Plus, dynamic marketplace demands may mean that you want to be able to work out of different cities without having to set up an office at each place separately. These are the real costs in establishing a successful company and can have a strong (adverse) impact on company resources, which is why Instaoffice Coworking attracts smart big brands for delivering branded real estate solutions.

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How to Design CoWorking Spaces that Inspire Workers

Coworking spaces are in demand like never before.  It is a competitive market and contrary to the early adopters of co-working, those choosing to work out of co-working spaces today aren’t looking merely to rent affordable office space or to break away from the rigid ways of the traditional office. Users are flocking to these spaces seeking autonomy in their work, flexibility and customisation in their work environment, a vibrant community of co-workers and opportunities for exchange and collaboration. Whether they hire meeting rooms in Bangalore or desk space in Gurgaon, users are asking a hassle-free experience that does not disrupt their work flow. They are looking towards co-working to help them step up their careers, support their growth aspirations, set them free to experiment with new ideas and establish new businesses.

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5 Ways of Making Your CoWorking Space Stand Out

1) Stand for something. Make it known.

A remarkable idea is one that draws from strong belief, establishes rationale and translates to action. If your mission is vague and inarticulate, it will be forgettable.

Ask yourself why you are in the business of coworking spaces. Do you want to make the office a happy place that people are happy to return to? Do you believe coworking plays a role in leveling the playing field for all sexes? Are you targeting a space that takes away the stresses of urban life and sets people free to achieve their potential? So that the modern professional doesn’t lose touch with the rhythms of nature, do you envision a space where the outdoors intermingle with the indoors?

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