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1. The first resort for any kind of business is to work from home. If there is a team of multiple people they can all either work from their own homes or one person’s house if there is no inconvenience. 2. Renting an office space in one of those buildings near the residence so the commute is easy or maybe a bit far from the home so that rent is easy. 3. Owning the entire office. Get the workplace in the possession and convert it into your dream office. Choose your layout, interiors and take the literal ownership. 4. Opting for a coworking space where you will choose from a monthly/quarterly/half-yearly or annual plan basis your requirement and just start with the work. The choice is always different for different people. They choose options that best suit them. Though, there are always two major categories these days. One is of those who rent/own traditional office space and the second one of those who are smarter and go for shared office spaces. There are furnished office spaces in Noida, Gurugram, Delhi, Surat, Ahmedabad, Bangalore and basically all the cities of India that provide a professional work environment from a single person to a huge team. Coming back to the categories, now there are advantages of both of them but honestly, there are more demerits of the conventional workspaces. No, it’s not because they don’t match the spirit of the millennial generation but because they just can’t adjust with the changing times. Let’s discuss why coworking spaces are any day better than traditional spaces. 1. You always pay the current amount of the real estate market which hasn’t seen a drop in the last few years. The prices have always been skyrocketing and there are no major negotiations available when it comes to paying for the regular offices. Whereas, you pay so much less as a membership fee of shared office space. Don’t believe us? Check out various furnished space providers’ websites and you’ll see the difference yourself. 2. You don’t just own the place, you own all the expenses as well. In other words, when you rent or buy a regular space, all the expenses are borne by you. The electricals, the internet, the fittings & fixtures, the housekeeping, machine breakdown, all the instalments and all the repairs are your responsibility. Sometimes, it also happens that the one in charge is busier taking care of the petty and irritating chores of the workplace than doing the actual work. Whereas in the coworking space, all you need to do is pay the amount, bring your laptop and get working. Every tiny and huge thing is taken care of by the managed office staff and hence the name “managed workspace”.