This blog will tell you about the rising trend of corporate partnerships with coworking spaces.
Coworking spaces are rapidly increasing in Pakistan. These companies provide their clients with furnished shared offices along with countless services.
No matter who you are, an individual or a small business, they have just the right space for you. But now, in a change of events, these spaces have started accommodating corporations.
How, you may ask. Well, that’s what we will cover in this blog.
We will start off by discussing why coworking spaces stand out to corporations and their benefits. In addition, we will discuss whether corporate partnerships with coworking spaces work for their businesses.
Let’s begin!
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Why Coworking Spaces Stand Out to Corporations?
You might be thinking that coworking spaces are for young people looking for a place to work. Or maybe just startups, but these are just some of the myths.
Coworking spaces are ready to accommodate businesses of all sizes from all industries. However, it depends on whether they are able to meet your requirements.
Corporations that are struggling to expand their operations due to a limited workspace are now partnering with coworking spaces. Coworking spaces can provide these large businesses with secluded offices as well as desks to facilitate their employees.
When you rent a conventional office, you might be stuck with a long-term contract. That is where coworking spaces can allow you to hire new people by providing you with a workspace on short-term contracts.
Here are some reasons why corporate partnerships with coworking spaces are becoming fairly common:
1. Expensive Property Rates
Renting a new property can be highly expensive in Pakistan.
Imagine you are looking for a new employee who is essential to your business, but you do not have a workspace. In addition, you might also not be able to expand your current workspace.
Conventional offices are long-term, and breaking them can have many legal implications. That’s where a partnership with a coworking space can help you.
2. Lack of Facilities
Corporations that are looking to expand might not have the right facilities.
If you have reached the capacity limit but are not ready to rent a bigger space, coworking is the solution. They have all the facilities you will need.
They provide your employees with comfortable furniture so they can work productively.
3. Low Budgethcvh
If you need a new worker but are low on budget to facilitate them, use coworking spaces.
Coworking spaces provide shared offices, allowing them to lower costs. Therefore, you will be getting more and paying less.
What Do Corporations Get?
Coworking spaces facilitate their members by providing numerous services without extra charges. Below are some benefits of coworking spaces for large corporations in Pakistan:
- Beverages whenever you feel like you need one.
- Reception to welcome your clients and guests.
- 24/7 security of your belongings and CCTV coverage.
- Around-the-clock accessibility to your office.
- A lounge and cafeteria to entertain your employees.
- Maintenance of workplace environment.
- Technical assistance to keep your business running at all times.
- Catering services to save you time.
- A professional environment that inspires and motivates people.
Why Corporate Partnerships with Coworking Spaces Work?
So, do corporate partnerships with coworking spaces really work?
Well, the answer is yes, and that’s why businesses around Pakistan have been relying on coworking spaces. Here are some reasons why these partnerships will further rise in the future:
1. Expand with Ease
Coworking spaces provide short-term contracts, allowing you to expand your operations.
Just scale up or down within the same premises without having to look for new places. This saves you time and provides you with the flexibility to manoeuvre.
You can adapt to changing trends without getting into the complexity of renting a new property.
2. Reduce Set Up Costs
Setting up a new office can be highly expensive.
There are many costs, from buying furniture to hiring the appropriate staff team to maintain it. But now you can just skip these costs.
Just walk into a coworking space, and you will have the autonomy of running an office. However, you will not have to bear the expenses; they will be shared.
3. Work in a Professional Environment
A professional environment is important for big corporations.
An environment that lacks professionalism will end up distracting workers. However, building up a professional environment takes time.
If you are looking to settle employees in a professional environment, coworking spaces have you covered. That too at affordable rates.
4. Build Better Connections
Businesses run on connections and valuable connections.
However, if you are working in a conventional office, you can struggle to get industry recognition. You will have to spend a lot of resources and time to ensure you are surrounded by the right people.
However, in coworking spaces, you are surrounded by people who bring you new opportunities. In addition, they also regularly hold networking events where you can meet industry experts.
5. Set Your Own Routine
Coworking spaces are modern, so you can set a routine that suits you.
If you are operating in a different time zone, you will still be facilitated. Just communicate your schedule to the coworking space.
They will ensure that you have all the right facilities during your operational hours.
If you want to partner with TheWing.pk, contact us!
The Crux!
Corporate partnerships with coworking spaces are on the rise.
This is because businesses need quick solutions to counter challenges such as expensive property, a lack of facilities, and a limited budget.
Coworking provides countless services to these businesses, from reception and security to office maintenance.
In addition, these spaces are scalable and do not require huge amounts to set up. They provide a professional environment and a community of members for building a strong network. Lastly, you can set your routine as you see fit.
We at TheWing.pk provide the best coworking space for corporate partnerships. Click here to get an instant quote to settle your employees at TheWing.pk!
