The need for co work shared offices is simple. To save cost for for an individual or startup would be save cost. Even corporates always think about cutting cost. Restaurants usually bring in ketchup in a bottle instead of using a sachet. Why? It saves cost. As long as it is hygienic; otherwise, sachet is better. Is restaurant logo necessary on the paper napkin?
Cost cutting is an action. Any business person or big corporations do pro-active work before they take actions. For example, purchasing, renting, and sharing an office has its own benefits. However, what cost is involved. Let’s find out below.
Co Work Shared Offices for Road Warriors
If you have a team that is on the road on a daily basis; give them an office in different locations of the city to relax and grind their thought about the meeting. If you think that your cost will go high; then think again. Is it better to train people on a daily basis or give them incentive to relax and be productive?
Office Purchasing Cost in Pakistan
Commercial properties either vacant plots or an erected buildings are always and will always be expensive. Purchasing commercial process is almost same as purchasing residential real estate.
Commercial Factors Involved
- Plot/Office Price – Where exactly the location is and what the market price is?
- Past Due Bills – This require due diligence at buyer’s end. Do not assume that seller will have them clear.
- Current Bills – How many current bills are involved? Such as, water, electricity, drinking water, building maintenance, peon maintenance, plumber maintenance, renovation cost, security,
- Past Due Taxes – Did the seller pay previous year taxes on the property? It comes under due diligence.
- Current Taxes – How many taxes are involved? Such as, property taxes, water taxes, indirect taxes; this will require more research.
- Corporate Social Responsibility (CSR) – This depends on how you want to portray yourself in the neighbor your commercial building is. For example, you can place plants, green planters surrounding your office to look naturally nice. Karachi lacks green and we Karachiites need to work on green.
- Renovation
- Building Maintenance
- Office Maintenance
- Etc.
Office Rental Cost in Pakistan
Rent is never cheap. Even if you have a rental budget; you would still need to reduce your rent expense. Let’s find out what factors are involved in rental premises.
- Monthly Rent Cost
- Yearly Rent Cost
- Security Deposit
- Lease Agreement
- Building Maintenance
- Office Maintenance
- Taxes
- Bills
- Renovation
- Peon
- Corporate Social Responsibility (CSR) – These are same as in commercial factors. Please see above.
- Etc.
Co work Shared Offices Factors
Cowork sharing offices specifically depends on an individual. For example, if one company has several locations throughout city; then you can have a package deal working in all offices on an hourly, daily, weekly, monthly and yearly basis.
Individual Perspective
An individual would need private or shared office as the need arises. For example, if your budget allows and you want to relax or just want to write a novel, an article, sketch a design, consult your clients; then private and shared office are easy hack to it. Why? Because you are not spending a lot; but in return you are getting a lot. How? Let’s find out.
- AC environment
- Pretty nice ambience
- Ultramodern look
- Clean offices
- You feel good when you sit at the location and get more ideas
- Your credibility will increase in front of your clients that you are a responsible person
- Or simply, you just want to relax and read newspapers and magazines
Groups and Corporates Perspective
Groups and corporates need to have satellite offices around the city as your operation desires. For example, a consultant either a psychologist or a mediator or a lawyer, would need private office to meet their client at a specific location. You as a consultant make your client travel time at ease. This is what customer service is all about. The more you service your customers, the higher they are relaxed; and in return your revenue goes up.
- Get ready-to-move-in and furnished offices
- Focused on brands
- Location is also a brand
- Good for regular training purposes and hosting corporate events
- For startups; you need consistency; staying at one place for a longer period of time will tell your clients that you are financially strong and serious in doing business.
- Deli and cafes on site
- Shared or dedicated Internet ready
- Some locations are Pakistan Software Export Board (PSEB) registered location for use of call centers
Things to remember
- Use it but don’t abuse it.
- This is your office.
- This is your location.
- You are using the office and location on your business cards, address published on your websites, etc.
- Use the Internet in legal manner.
- Don’t underestimate anyone.
- Don’t disrespect anyone on the basis of their religion, sex, creed, caste, birthplaces, etc.
- Keep your voices low when working in shared or private offices.
- Don’t fart in public places.
- Don’t smoke in public places.
- Knowledge is power. The more you interact with people; the more knowledge you will have.
- A good business person is who knows how to communicate well with any person.
- Business is done on good faith.
- Listen first and then communicate.
- And lastly, in a shared environment; please smell good and use hygiene products all the time.
Call Us
Please call 0333-5444-678 and discuss your co work sharing or private office needs. Email us at support@covurc.com. You can find out about our locations here.
You can also book an appointment for these locations and we will be happy to tour the place. Now, Go Work!
CoVurc.com is a division of Intelisales.
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