Title: Advantages of workspace in bangalore part 2
1Advantages of Business Center for your Workspace
PART 2
2General and Administrative Operating Expenses
- After taking into account the upfront costs
associated with opening an office, the monthly
recurring expenses should be assessed.
Coworking Space Bangalore
3- There will be expenses for telecommunications
services, office payroll and benefits,
kitchen/café supplies, office supplies, building
operating expenses and repairs and maintenance
expenses that can easily run several thousand
dollars a month.
Coworking Space Bangalore
4Resources and Time management
- It takes a considerable amount of time to
research, negotiate, hire and administrate the
functions required to start an office and also
requires ongoing resources to manage it.
Coworking Space Bangalore
5- It will likely also take longer if the client has
not done it before knowing where to start and
what to purchase, especially in the technology
arena, can be especially overwhelming and
mistakes for wrong decisions or overpaying for
major items can be costly.
Coworking Space Bangalore
6- Office business center providers are experts in
these areas and include it in the service they
provide. These services are typically invoiced on
one invoice, once a month which also reduces
processing time for the services rendered.
Coworking Space Bangalore
7Complete Liability
- The liability difference between entering and
being on the hook for a conventional lease
agreement, which is typically 5-10 years, and
that of an executive suite business center
agreement with flexible, scalable terms should be
taken into consideration in comparing the actual
cost difference.
Coworking Space Bangalore
8- Many businesses get into trouble by over paying
for too much space and end up in bankruptcy
courts for relief and protection from their lease
obligations. This result may have been avoided if
there was not a long term lease obligation.
Coworking Space Bangalore
9Time Management
- Office Business Centers handle the details of
operating the workplace so their clients can
focus valuable time on their core business. Most
experts can make more money by doing what they
know and do best. The business center option
allows this.
Coworking Space Bangalore
10- If all of these factors taken into comparing the
cost difference, it is not unusual for the
business center option to be somewhere between
30-40 less than conventional Commercial Office
Space in Bangalore when comparing actual expenses
and overall exposure.
Coworking Space Bangalore
11- Many times a business can enjoy a more upscale
workplace environment than they can through
conventional office space options, which make the
Office Business Center an attractive alternative
to traditional office space.
Coworking Space Bangalore
12THANK YOU !