A good amount of capital investment is needed to start any business and a major chunk of it will go to set up an office in a prominent place. As you all are aware that in a city like Hyderabad, rent, and the related expenditures are more, especially in prime localities such as Hitech City, Gachibowli etc. As per the trend prevailing nowadays, a prime address for the office can add more mileage to your business and hence it is necessary to be stationed at any of the prime locality. The latest concept of Plug and Play office space in Hyderabad, however, reduces the total expenditure for setting up an office at prime locations.
Plug and Play Office Space
The concept of play and plug office space is comparatively a newer one and quite helpful for small scale business establishments and startups. A business centre, who is into providing infrastructure for business will take up a single large building or a group of buildings and convert it into smaller offices. Each office will be intelligently designed with executive rooms, reception, lobby workstations, washrooms, and cafeteria. These smaller offices will be given on rent to different business establishments or individuals.
Advantages of Plug and Play Offices
As the total rent of the building will be shared among different occupants, the rent will be comparatively lower than that of an independent office space of the same size in the same locality. Hence small players and startups can enjoy the benefit of having an office in a prominent place for a lesser price.
Secondly, when the furnishing has to be done for an individual office, it will be costly. However, the volume of furnishing work is much bigger in a business centre as there are many such offices in it, the cost will be much lesser. Both these features of the plug and play offices help to reduce the initial expenditure for setting up an office.
There are many more advantages for plug and play offices. As in the case of shared offices or serviced offices in Hyderabad or anywhere in India, the regular maintenance of the office building and its premises will be taken care by the service providers and hence the occupants do not have to break their head for it. Here also they can save a lot of money as the service charges will be lesser as the volume of work is more.
Finally, when you check into a business centre you are availing a free membership in a vast business community consisting of other occupants. Hence you will get a good opening to a business community and can enhance your contacts. You will get more references also and thus you can improve your business.
Thus, plug and play office space and shared offices in Hyderabad help just not in reducing the initial expenditures but also help you to develop your business. That is the reason for the increasing demand for such offices and for more people preferring serviced or shared offices or plug and play offices over independent offices.