affordable coworking space

How Coworking Spaces Helped Big Brands Save Millions

Shared offices were once seen as workspace solutions only for freelancers and small businesses. Today, even global enterprises are leveraging the many advantages of affordable coworking spaces. Small, large or multinational, all companies want to save money. The office expense is one of the biggest costs incurred by a business but with coworking, it can be controlled. Major international names like Starbucks, Microsoft, Facebook and Bank of America could optimize their costs, witness more productivity and drive business growth by working from a shared space.

The rise of coworking is not surprising anymore. As per a report, 25% of WeWork’s annual revenue comes from clients with over 1,000 employees. This shows how comfortable are large enterprises with shared offices.

How Big Brands Have Benefited from Coworking Spaces

Regardless of size, businesses are moving towards shared offices for cost efficiency and scalability. Here’s why they are so drawn towards these workspaces:

1. Cost Savings and Efficient Utilization of Space

One of the most compelling reasons a company would choose coworking space in Greater Noida or anywhere else is huge cost savings. An American Express Open Forum article mentioned that major tech firms like HP and Oracle were surprised to find out that only 35% to 40% of their workspaces were being actively used and for the rest of it, they were just bearing the costs. Shifting to coworking saved approximately $10,000 per employee annually! It’s an incredibly high amount. Companies could also offer their staff more flexibility.

2. Ease of Collaboration and Innovation

Working in a shared space makes it easy to connect with others. Besides, watching others work hard also pushes you to do better. Enterprises like IBM and Verizon have majorly shifted to coworking environments because they wanted to engage & partner with growing companies and keep their employees motivated. The exposure to a diverse community and an energetic atmosphere encourages people to think creatively and improve their innovation efforts.

3. Expansion Without Financial Risks

Scaling a business can’t be done without proper planning and significant investment. Facebook is a big example that has utilized affordable coworking spaces instead of traditional workspaces to test new markets. The brand expanded its global presence without signing any expensive office leases. Very cost-efficiently and quickly it was able to set up operations in more cities.

4. Employee Satisfaction and Higher Productivity

The happiness and productivity of the employees are directly linked to the work environment. As per a study shared by CBRE, almost 70% of employees working in shared spaces are more satisfied with their jobs and engage better with their surroundings. People working from an office space in sector 136 Noida, for example, enjoy the vibrant atmosphere, networking opportunities, and modern amenities and hence love to continue working there.

Why Let’s Connect Noida is the Ideal Choice for Businesses

We learned how all these brands have made the most of the shared workspaces and saved a lot. You can also use the best resources while staying within your budget. With Let’s Connect Noida, businesses can choose a reasonable membership plan and get the same advantages as global companies.

Cost-Effective Plans

Whether it’s our office space in sector 136 Noida or other areas, they are all designed with different business sizes in mind. With our affordable plans, there’s no stress about long-term leases and overhead costs.

Flexible Office Solutions

You can choose from a private office, a shared workspace or a single hot/dedicated desk. There are a range of options in our fully equipped workspaces that suit your business needs perfectly.

Networking & Collaboration

No business can do without networking. A big part of success depends on connecting with new people. Working from Let’s Connect Noida, you become part of a thriving community. You get all the opportunities to meet new people, introduce your business and even partner on different projects.

Tech-Equipped Meeting Rooms

Whether it’s for a team discussion, an interview or a client presentation, we all need meeting rooms. Our offices have best-in-class conference/meeting rooms with essential technology so you can have all those important discussions in a professional environment.

Location and Connectivity

Our coworking spaces in Greater Noida and Noida offer you smooth access to public transport and well-connected roads. The commercial centers, essential services and fun places are all nearby. You can establish a strong presence with us.

The Future of Work is Here

Shared workspaces are the best when it comes to saving costs. While you can work from home or at a random cafe, there are some benefits you only get to experience in a coworking environment. There are no operational expenses, no hefty security deposits and scaling up/down is never a problem. There’s just a single invoice at the end of the month and you already know the amount. Reduce costs and enjoy flexibility at our affordable coworking space!

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