Do you think you need a big, expensive office if you want to build your brand? What if we tell you that some of the most successful startups started small yet scaled fast. Yes, the very successful OYO, Urban Company and Zomato opted for affordable coworking space over the traditional office setup. Instead of wasting time setting up the offices or getting into long-term leases, they used the flexibility and cost-efficiency of coworking spaces that allowed them to scale rapidly. It was a smart resource management decision that helped them set up new teams effortlessly and grow without the burdensome overhead costs.
Imagine being able to scale without the stress of office management! If this sounds good, you must read ahead to learn how these brands did it and why you should consider the same.
How OYO, Urban Company, and Zomato Leveraged Coworking Spaces
Just like any other startup, OYO, Urban Company and Zomato were striving for rapid growth without incurring high operational costs. What’s common between them is their decision to ditch the expense and hassle of traditional office setups and opt for coworking offices instead. These big brands didn’t prefer to get tied down by the constraints of long contracts infrastructure investments, and administrative burdens and focused on gaining flexibility and optimizing costs. Any growing business operating from a coworking space in Noida is from the same school of thought. Here’s how shared workspaces worked for these big names:
Rapid expansion: One big advantage of working from a coworking is that a company can expand really quickly. Whether it’s entering a new city or getting more people on board, it’s possible without the tension of setting up and maintaining a workspace. Their entire focus goes to the core operations rather than dealing with real estate logistics. Hence, growth!
Cost optimization: Most startups in their early stages are tight on capital and need to use their funds very wisely. By opting for shared workspaces, they can easily reduce major office expenses like rent, utilities, maintenance etc. Affordable coworking spaces are very cost-effective. The funds that would go to office management in a traditional setup can be allocated to product development, marketing, customer acquisition and other business divisions.
Collaborative benefits: These huge companies had to navigate the networking part of highly competitive industries. Working from a separate office, a company has to search for various events where the founders can go and connect with experts and leaders. But promising coworking spaces like Let’s Connect Noida offer speed. Since there are regular networking and learning events organized in a shared workspace, members can easily interact with other entrepreneurs, exchange ideas, and even find their potential partners and recruits. Everything in the same place!
Attract and Retain Talent– It’s no secret that shared offices look stunning. From walls to furniture, the bright and well-lit offices would attract anyone. Plus, the work culture is a mix of fun and professionalism. Not to forget, members also have access to high-speed internet, meeting rooms, recreation facilities and modern office infrastructure. You can work productively with minimal disruptions. So, when people feel efficient in a workspace, they stay for longer.
It would not be an exaggeration to say that coworking spaces acted as growth accelerators for all these big names. These offices have enabled these companies to keep up with the dynamic business world while also staying cost-effective.
How Let’s Connect India Can Help Businesses Scale Faster
A small or growing business looking for a coworking space in Noida must choose a place where they can get started right away and have all the essential amenities to make their workdays smooth. Let’s Connect Noida takes pride in being a reliable shared space provider.
Brilliant locations: Our offices are present in the strategic locations of the city. You get premium workspaces that also have proximity to public transport. Impressive work address and convenience of commute!
Equipped with support facilities: Our affordable coworking spaces are fully furnished and have high-speed internet, tech-enabled meeting rooms, a printing facility, a coffee machine, admin & It support, housekeeping, strong security and a vibrant work environment.
Budget-friendly: Why deal with all the overhead expenses when you can focus on innovation and expansion? Our managed workspaces give you all the benefits within the same monthly fee.
Flexibility to scale: Whether your business is fast-scaling or looking to establish a presence in Noida, we provide the infrastructure and support that you need to continue with your operations and future plans.
Conclusion
The success story of a lot of big industry names is incomplete without the mention of the coworking spaces they operated from. The brands leveraged these flexible workspaces in their favour which made their initial journey easier. It’s quite a learning experience for the new startups. While you are on your way to touching new heights, we will be more than happy to be your workspace partners. Choose growth, choose Let’s Connect Noida.
