So, How to Choose a Coworking Space?

When choosing a coworking space in Mumbai, you have numerous available alternatives. Unfortunately, many of us get lost in those options and never come to making the right choice. A coworking space is designed to meet your unique individual requirements. If you are searching for the best coworking space in Mumbai, your search stops at ‘Mumbai Coworking.’ With us, affordability is no longer a problem. We are situated at the prime location Mumbai Andheri (W). Andheri is a connecting point for various areas of Mumbai, so finding our place is not going to be an issue.

‘Mumbai Coworking’ is a great place available for entrepreneurs, freelancers, and startups. ‘Mumbai Coworking’ has been intensely popular among startups, especially filmygyan, buyers, & small business projects. What is better than starting an auspicious event of a startup project inauguration using a place that gives a good vibe? Well, yes – You heard it right! Good vibes, a calm atmosphere, and mental peace are what you can expect from our place. Start your business journey with complete focus and relevant resources to conduct a successful business meeting. Eventually, if you are looking forward to Virtual office services, you are most welcome to the Mumbai Coworking family!

Here are a few tips for finding out the best coworking space in Mumbai:

Tips on How to Choose a Coworking Space

As per the researchers, there exist more than 17,000 coworking spaces worldwide. Ideally, explicit knowledge about its advantages is essential to ensure business productivity. Below are the relevant tips on how to choose a coworking space.

1. Location:

Taking space in an aristocratic neighborhood helps close premium deals quickly. The location should be at a central point where everything is available at walkable distances. Workspace location can also help you to make business decisions accordingly. Also, ensure that your parking is included in your monthly membership card. Else, you will have to pay hefty charges for your parking itself.

The location should be impressive enough to make your clients feel comfortable & at ease. It should be a little inside the cross-side roads. It will be great to attract good clients if you find it at the front end main road.

2. Budget-friendly:

When you choose a workplace, you need to make sure that your budget & needs are aligned with each other. Check all the benefits available on membership fees, and that should be on track to the amount you are okay paying monthly & yearly. How much you’re willing to pay each month is fundamental in choosing a place to work.

To avail of the best ROI, all you need to do is check your background & requirements. For example, if you are a 6 figure income-earning individual, there may be better options than opting for yearly premium memberships. But if you are a successful entrepreneur looking to broaden your network, such memberships are ideal. This membership includes complete access to fitness clubs, massages, eateries, lavish & spacious cabins, living areas, etc.

3. Transportation:

Coworking is getting recognition among budding entrepreneurs & freelancers. The adoption of coworking spaces is increasing worldwide with each passing day. Finally, when you plan to search for such a place, taking note of nearby transportation facilities, distance, and the overall time taken is essential.

Check for the relevant parameters like – ‘Whether leaving your last job was because of long traveling hours & traffic?’ If yes, consider this majorly and choose a working space nearby in your area—where commuting is easy with the minor traffic jams. Always select a location that’s convenient not only for you but also for your participating colleagues.

4. Work Culture:

Good hospitality is remembered forever! While committing to a coworking space, research the company’s work culture well. How a company treats its employees and outsiders says a lot about them. Go through reviews online to understand the work culture adopted by such sectors. Understand if they are kind enough to support you in case of instant help.

Work culture makes you know if that particular area will be suitable for your colleagues or not. If your culture is too chill to roam freely & take client calls, search for the same workplace spaces. If you entered a room with no such facility expecting you to be completely silent, you would feel suffocated. Henceforth, proper exploration is mandatory.

5. Flexibility:

Flexibility is one of the important parameters to check for while finding the space. Get well equipped with the working hours availability. Also, it would be best if you chose the membership or a one-time plan accordingly. Choose the workspace that’s operative during your off days & usual working hours. Some coworking firms keep their offices open even after working hours are over.

All they do is close the front-end desk services and eatery supply beyond working hours is complete. So another essential thing to note is to find a workplace willing to help you open the new space available in the least possible time with the increase in your team.

6. Amenities:

While choosing a coworking space, analyze that it has all the mandatory amenities like your virtual office. Give some time to yourself and let the best option come out of your pockets. Write down all necessary amenities your team needs to operate freely & comfortably. You must take care of essential amenities to avoid getting disturbed repeatedly.

It would hold you back from conducting smooth meetings with potential clients. Some of the basic amenities coworking space should mandatorily provide. A good company includes such amenities in the membership package availed by you. These are mentioned below in depth:

• Lockers
• Maintenance
• Power backup
• Wi-Fi
• Printer / Scanner
• Heating and A/C
• Cafeteria
• Good Hospitality
• Proper lightings
• Security
• Clean washrooms
• Parking area
• Quiet and breathable surroundings

7. Benefits:

Although most coworking spaces provide similar benefits, check for the ones that best meet your needs. You have a bunch of working space options to choose from. Check for the below benefits and the quoted budget to avail the space.

• Is the working schedule provided by the space flexible enough for your team to adjust?
• Will the firm’s structure provide your employees with mental health, well-being & work-life balance?
• How much cost saving will you have to choose a particular space?
• How well your team’s productivity is going to get enhanced?
• What activities are conducted by the firm to strengthen your team’s creativity level?
• Does the space provide private & shared spaces?
• What are the chances of getting good collaborations with potential industry leaders?

8. Community:

Community events make the coworking spaces even more desirable among their inhabitants. The more such industries support social gatherings, the more they increase your chances of having good deals by bringing in potential investors & influencers. These people someday turn into your final clients. The community gathers renowned personalities from different sectors; hence your networking increases. Moreover, the biggest fish market has the most expensive fish as your prospective customers.

You get a space in the same budget to showcase your business model and increase your reach in a matter of hours. Such events have a social presence and a higher chance of getting viral. It, in turn, can be your prospective clients. It also helps in networking, indirectly promoting your business on social media sites like Facebook, Instagram, Twitter, LinkedIn, etc.

9. Type of Coworking Space:

How to choose a coworking space is related to the types of coworking space you want. The three basic types of coworking spaces are mentioned below:

Flexi Desk:

A flexible desk usually is a particular workspace that has yet to be allocated to anybody. Such spaces are like a normal seating area, or a simple desk shared among multiple participants. Here, you can reserve a desk priorly with the help of a workplace technology solution. Then, once you complete your task, you can release it for other users to occupy it. It helps to follow the social distancing guidelines & in the Cost optimization process. Other names of Flexi desks are desks and shared workspaces.

Cabin:

If you need a private cabin, see whether the firm providing it meets your requirements. Generally, a working space has four silent walls(not mandatory). It has comfortable sitting desks and room locks and is spacious enough to move around the room quickly. You can either share them or book them for yourself. It will help you work with complete peace of mind.

Meeting Room:

Meeting rooms are necessary if making video calls with clients is an everyday thing for you. Consider looking for a space that offers you an affordable, quiet & well-maintained meeting room for all your emergency meetings. Also, check that the company has enough meeting rooms or private cabins so that you are not standing in a queue. Also, check if that space offers free monthly meeting room hours if you have opted for a paid membership.

10. Printing Facilities:

There are high chances of carrying various physical documents as business meeting members. Hence, a coworking space providing instant printing facilities is best to keep at the top of your options list. While or after the business meeting, the printer will work like a charm to get a copy of relevant documents. Moreover, you often need a printed copy of your identity cards like an aadhaar card, pan card, voter ID, ration card, etc. A printer, in such cases, proves as an enormous helping hand, saving a lot of your time in going out of this space to get printouts.

11. Virtual Office:

A virtual office provides you with the registered office address, mailboxes, and voicemail & ensures to oversee all the communication. The virtual address acts as business proof & is acceptable for your legal work. Most of the virtual office providers give you utility bills & NOCs. You can use it further for verification & other records. The virtual office service provider takes care of all your business tasks while you work from your residential place. They also assist you in scheduling meetings & attending outbound phone calls. In addition, most providers provide virtual space services value-added related to finance, HRM, business consultancy, marketing, etc.

12. Support:

Always cross-check if the coworking spaces meet all of your business requirements. See what extra support they provide apart from their committed services like IT support, electronic gadgets assistance, security & privacy, network support, etc. All such supports are examples your business mandatorily needs, irrespective of your sector. Note if the coworking space will support you in shifting your office field. Will it help you find an answer to choosing a coworking space?

FAQ

1. Who is the Best Coworking Space in Mumbai?

‘Mumbai Coworking’ has the best coworking space in Mumbai. Startups & other established businesses in Mumbai have a hard time searching for shared office spaces at a rented price. Mumbai Coworking has private cabins to maintain your privacy & provides a solution to all entrepreneurs, Freelancers, and Stockbrokers.

The goal is to help the targeted audience by providing office space at an affordable price in Mumbai city. The serene, calm, and soothing environments aim to support you in flourishing your business. You get total traveling convenience as it’s located nearby to the railway stations & bus stops. Balconies are made in every room to help you roam around and work. Get the mesmerizing sky view from the top of the building!

2. Who Uses Coworking Spaces the Most?

As per the survey conducted in 2017, Global Coworking revealed that freelancers utilize around 41% of coworking spaces. Employees occupy almost 36% of the area, with 16% of employers. IT sector workers contribute to occupying coworking spaces by 22%, and marketing & PR employees use 14% of the rooms. People of 36 years have become an average age using such areas. Employers have an average age of 40 years & freelancers have 38 years of age using it. Approximately 40% of workers from this sector are under 30 years.

According to the survey conducted for companies with 100+ full-time employees, 1/7 use coworking spaces. Highly educated people occupy the majority of coworking spaces. The number stands at 86% with complete academic education. Further bifurcating 86%, almost 41% have a bachelor’s degree, 41% have a master’s degree, & 4% hold a doctorate status. Coming to gender, men use 60% of coworking space. Apart from this, the number of women & students using it is also increasing with time.

3. How Does Virtual Office Work?

A virtual office helps you provide a legal business address for your startups. You can use this address to establish your business. It acts as your physical business address without owning one. Virtual offices are well known to ease the work of entrepreneurs, freelancers, and other participants to operate smoothly without needing a physical office setup. You get the easy management of mailing services. Whether its meeting rooms, private cabins, or the official registered address, virtual office setups fulfill all your needs.

Furthermore, it provides the Personal Account Manager to manage all your official business-related tasks. You get help regarding various documents that are essential for a business setup. Such documents are available for ROC Registration, GST Registration, and Shop & Establishment. The overall working of a virtual office ensures the provision of quick & affordable solutions to freelancers, independent contractors & related parties.

We hope this blog helped you with How to Choose a Coworking Space.