WorkOplace is a homegrown coworking startup in Hyderabad taking its entire operational residence in the Jubilee Hills.
This, at a timed call for flexible office spaces, regions have risen after pandemic-prompted lockdowns. corporations are weighing a hybrid taking walks version—work from home and administrative centre—amid the need to maintain social distancing to lessen the chance of contracting the novel coronavirus.
Hyderabad is a vital part of this method. After Bangalore, it’s far the most important in terms of length and capability.
Coworking spaces are witnessing excessive call for and enquiries from agencies, maximum Workspaces are 35-40% booked already. With the frame of employees returning to their work, they (companies) need to solidify their workspace technique going ahead.
The not unusual seat rate in a famous region of the commercial enterprise residence is round Rs 14,000-15,000 whilst WorkOPlace offers a seat at round Rs 10,000-12,000.
In 2021, India is expected to witness deeper penetration of flex regions as business enterprise occupiers continue to shift far from long-term capital-extensive commitments.
Flexible house options will probably be leveraged to fulfil brief-time period residence desires, assist greater cell personnel and input new geographies.
Tricks of the Trade, before meeting Angel Investors!
WorkOPlace comprehensive services models encourages coworkers to experience a constructive leaning is essential for business success.
Mere enthusiasm never makes an idea into enterprise. We are all excited about our ideas, but it needs an impeccable business strategy and approach that impresses an investor. Many start-ups seek funding’s from banks, and venture capitalists, while others look at angel investors.
Angel investors provide wings to startups. Raising angel financing to your business idea is catch-22, but if your Angel Investor Pitch in presentation details your how well your idea can be transformed into real business, what are the unmet needs of market your are serving, what is your revenue model and how well you do it brings you right investor.
Mere enthusiasm never makes an idea into enterprise it needs business strategy to impress an investor
WorkOPlace herein brings you a snapshot on how to prepare for a meeting with Angel Investor. We being a coworking space provider based out Hyderabad conducts lot of learning sessions for Young CEOs and aspirant entrepreneurs on “ How to impress an investor”.
You must understand a few techniques on how you can attract angel investors, to capitalize on your idea and attract required capital. The first thing an angel investor consider before providing capital to any start-up is the passion, knowledge, and integrity of the founders.
Pitch efficiently and accordingly
Before pitching your business plan, know your angel investors. Angel investors usually have a specific domain interest and tend to invest in those sectors only. So, in that case, you should know your industry to attract the right angel investor and should also do precise research on where you can find them.
Create a compelling pitch deck with a prototype of your proposed product or service and be clear about your target audience as this will build confidence in investors. Tips to prepare a pitch desk:
What are the unmet needs of market your business aims to serve.
Business Strategy Plan – What do you want to do.
Implementation process of the strategy – how are you going to do it.
Revenue model – what is your revenue model and detail return on investment process.
An young CEO always will have few questions, how to attract an investor? How to identify a ideal investor? How to develop and present impeccable business strategy? WorkOPlace conducts several seminars and workshops as part of skills development programs to coworkers.
WorkOPlace believes learning sessions for young CEOs is essential for business success. As new age Coworking Space our services unmet needs of entrepreneurs.
Be aware of your finance/capital
There are specific questions that angel investors can ask about finance, like how much capital are you raising, your gross margins, what are the fundamental cost components for your product/service. So you should at least have a detailed financial projection for the upcoming 2 years and also know key assumptions underlying it.
Designed marketing strategies
No business can exist without marketing, as it is an essential channel to reach the target audience and drive sales. The angel investor will also want to get a sense of how your company plans to market itself, what are marketing strategies, and other PR strategies. So in this case marketing strategies should be designed in advance and appropriately which would be appealing to the investors.
Angel investors receive emails from multiple startups, so you should know what to mention in the email to get their attention. Firstly let them know how you found them (source), secondly a few points about your organization, then appealing information about founders and lastly a 2-3 page executive summary. Considering all these points will let them pick your email over the others.
Angel investors are very keen to know more about the company’s board of people. The thing that interests them is when they see your business is in the hands of people who are knowledgeable, competent and trustworthy. And a solid team with people expertise in different domains. All this develops confidence in the investors.
Notable points while pitching
If you take your team to pitch meeting, make sure everyone speaks.
Mention about your competitors, as no industry exists without competition.
Keep your presentation precise but not too long.
A demo is essential to impress them, so provide a demo.
Tell them why your product is different from that of competitors.
Know your market and potential customers
Lastly, do a thorough check of your idea and it’s prosperity before pitching. If you have an idea that has the potential to revolutionize the industry after some time that can make the angel investors believe in your idea.
To bring in new shades to the coworking space, WorkoPlace service models are unique and filled with newness to encourage coworkers to constantly develop business skills.
Though the business never runs on complete virtualization, we are carrying on, Coz, the entrepreneur’s gunpoint challenge during this pandemic is “Business Continuity”, more than New Business.
Test of times is for the Small & Medium enterprises and startups which doesn’t have sophisticated platform to completely work from home or remote work conditions to meet business deliverables.
The medium and large scale also have tug of war to work from lager and big office spaces, economy slow down forcing to cost cuttings, but nesting in a bigger office spaces is a bigger budget.
What is the arrow in the quiver to battle the times?
“Agility is the only way forward for business continuity” – Agility in office space management is going to play a bigger game in budget optimization.
WorkOPlace provides Agile Office Space Solutions to continue your business during this pandemic.
Reduction in Overhead for Big Companies:
Functioning from WorkOPlace is a COST SAVING MODEL for Companies. Instead of having to rent an office space, buy furniture, pay for utilities, buy office equipment, and baring maintenance cost with operational issues, Companies can just pay monthly rent against the number of desks you use and notice savings with best amenities and better services.
Pay for X & Use office space for X+5:
Why do you pay office rent for unused spaces, paying for unused desks, unused conference rooms and meeting rooms? WokOPlaceSatellite Office Space Solutions enables you to optimize your resource commuting to office on rotational basis. Contact us from more details.
If your problem is office space need in budget, we have solutions for you
Cost Effective for Startups and Mid-Scale Companies:
WorkOPlace has Startup eco system in its DNA, we know the startup world. We engineered a cost-effective corporate office facility for freelancers, budding entrepreneurs and startup CEOs. Office space needs of modern business professionals are unique, they look for highly connected, cost effective and ultra-modern work spaces, thus Coworking Spaces became destiny.
We are a Startup – We know the startup world
Nest your company with us, we take care as we do ourselves
Flexible Agreements and Pay-outs:
We offer month-to-month membership. This gives corporations a flexibility not found with traditional three- to five-year leases with heavy deposits and pay for unused whole floor, Its Pay as you as Use.
Pay as much you use the office space
Our Conference rooms are free for members
Speedy expansion Satellite and Branch locations:
The goal of most businesses is to expand in order to earn more profits. Should you really have to pay office rent for future needs? Not a right plan at this testing times, WorkOPlace provides you to add desks as per your needs in no times. Start with lesser to meet your budget optimization practices and expand as your business grows.
We need Agility in office space management as its pay-outs take away is bigger piece of cake.
We provide customized solutions for every office space need
No doubt the on-going COVID -19 pandemic has left businesses financially battered. To prove this point we need no Economist, just a simple WhatsApp community study will help us understand the gauge of damage the on-going crisis has brought into the once-booming start-up industry, some proudly called the unicorns and others who are on the way to becoming one.
The Pandemic hit the world like a Tornado without warning, leaving no room for an escape plan; the business community now has no options but to wade through this crisis for months, in some cases even years, learning to survive and conduct business in a world consumed by fear of Covid – 19.
Shared Co-working spaces such as WorkOPlace, have put practices in place to address the Pandemic Phobia, right from finances to hygiene concerns.
1. Pocket-Friendly Zone:
For many, a start-up, the rent alone constitutes 10% to north of 40% and a humongous deposit (10*) disguised as a safe deposit with no access to the locker, to add salt to wound the rental expenses of traditional office space does not factor in the on-going COVID crisis.
However, WorkOPlace while drawing its business model has factored in the pain points starting from a freelancer typically spending Rs.300 to Rs.500 daily to work out of a coffee shop, a start-up who is tied down to his rental commitments independent of his business performance and the major players in the market who have just signed that big contract and is on a speed hiring process.
To help job creators wade through the COVID crisis, WorkOPlace jotted down a contract with a convenient price point which simply says use our desks, internet, recreational facilities, board rooms feel like home, Just keep us posted on your business swings we will facilitate your momentum from a soft spot to hard rock without blinking an eye. This is all that I need to feel at home, I am sure all business owners would agree to the same.
2. Sharing Resources:
Hiring resources such as office help, Purchase and upkeep of kettles to printers, and clearing mounting electricity bills are sure signs of diminishing financial resources, which is a point to rethink given the COVID crisis. WorkOPlace is committed to creating a “win-win” for independent professionals and small businesses, providing a premium office space at a pocket-friendly price tag.
3. Building Network:
The Covid – 19 crises have clean slated many a business, making new contact building and sharing manpower an essential measure to wade through the current economic turmoil. Though digital media has claimed the throne for networking, it is still criticized for being highly impersonal. However the new Co-working zones can introduce you to an inspirational environment surrounded by likely partners and potential leads, the practices of Idea sharing, Investors meet, and shared human resources are facilitated at WorkOPlace to bring opportunities along with it hope to the businesses lurking in losses.
Hygiene above all: Many online writers threw challenges such as concern for hygiene, post COVID -19, like all other industries. WorkOPlace has pepped up to tackle these concerns, in fact, it is safer than an independent office, A facial recognition entry point, laser scanner for temperature, remotely operated printers, protective gears to all office staffs, Authorised visitors entry, sanitization of the office premises and meeting rooms at regular intervals, and dedicated space to each individual are some of the regular checks to put doubts at bay.
There has been pent-up demand by start-ups for greater rental flexibility and other reasons stated above, The Covid-19 crisis has made these employers see the light, especially as they are the ones who are facing their business financial catastrophe from the frontline like they always do.
Before the Covid-19 crisis, many large companies slowly shifted their focus towards Co- working spaces to take advantage of their no mess flexible engagement terms, rather than spending on interiors and long term independent lease. Post COVID – 19 this is likely to continue perhaps even more rapidly. Since Co-working space is designed to accommodate rapid changes in the needs of their customers and addresses the needs of a lone entrepreneur’s requirement for functional office space, learning, and networking.
So, for all the brave employers who survived this challenging time and are prepared to return to your office jobs following Covid Crisis, your new Co working space “WorkOPlace” will be functional for a different future.
WorkOPlace is a brand new coworking space at Jubilee Hills, Hyderabad. We are loaded with newness, A Business Hub and A Startup Centre for creative budding entrepreneurs, freelancers, and Startup Teams to be super productive in realizing business dreams. Let’s look at how are we aimed to bring in “New Shades of Coworking Space”.
Office space needs of modern business professionals are unique, they look for highly connected, cost effective and ultra-modern work spaces. Coworking spaces engineered a cost-effective corporate office facility for freelancers, budding entrepreneurs, and startup CEOs. the coworking space industry expelled bottleneck business operational encumbrances for growth seekers.
“Best within Budget – The Manthra of Startups and Freelancers”
Fully equipped office space maintenance and operational cost is a stumbling block for the young CEOs and aspirant entrepreneurs. This expenditure depletes the major portion of the budget. The coworking space industry enabled these businesspersons to work from a fully equipped office space without time investment and by reducing the office maintenance budget.
WorkOPlace, bringing the new shades to the coworking nature. With a motto beyond furnishing facilities or coworking space for rent, we provide, seamless omnichannel customer-centric engagement services.
“The network is Nutrition for Business”
A self-organized professional network with a cluster of common interests would influence and help in the business journey. Undoubtedly, this is the need of the hour for every young CEO. At your private office, possibilities of meeting new brains and business thoughts are limited. Whereas, Coworking spaces open up countless opportunities to meet business professionals to be your future mentors, clients or partners.
WorkOPlace being founded by techies, synthesized with organization incubation and growth experience, we know-how connectivity with business community impacts the growth of an organization or individual. Hence, we organize seamless networking meetings, seminars and independent consulting forums that help you to cross every business milestone.
You join WorkOPlace as an individual “I” but later become a part of greater “We”.
WorkOPlace – The Newness in the Coworking world
WorkOPlace is not just another Coworking Space provider, we are bringing new shades to the Coworking Space industry with our unique business model which is beyond furnishing facilities.
Our mission is “Shaping the future of CoWorking”. As Techies and business leaders, we understand the push a startup leader looks for. WorkOPlace provides incubation and business consultations to budding entrepreneurs to succeed in realizing their business dreams. Please reach us out for more exciting information.
WorkOPlace is a human-centric coworking place. We provide a seamless omnichannel customer engagement platform for all coworkers. Our Client engagement model consists of Optimize for personalization, Technology-driven operations, partnering the growth by involving our clients in periodic workshops, seminars and training programs and many more.
We are a new coworking space in Hyderabad, located on Road No.36, Jubliee Hills, right next to Peddamma Temple metro station to ensure that every member commute to the office hassle-free. Also, located in the proximity of multiple eateries and shopping centres makes members to be in the most happening place to Work. We are two buildings away from Jubilee hills police station that makes us a highly secured premium office space.
Security and Safety:
WorkOPlace strives to provide safe and security of cowrokers, our premises are secured with an automatic log-in authentication machine. We use the “Facial Recognition System” as an access controller for our premises.
If an early bird or a night owl? We have work space for you. We provide round the clock (24/7) access to all of our clients. You can also choose to work in open co-working desks or Private cabins and offices. We provide you with a high-speed internet connection, Conference rooms, free beverages, printing and within the workspace cafeteria so that you don’t have to waste any minute of your precious time.
If you are an enterprise looking for managed and customized office space, Startup looking at Shared Office Space with incubation and business eco-centre or a freelancer in search of a creative place, WorkOPlace is your destiny.
‘WorkOPlace’ is a creative coworking space in Hyderabad, Our most significant objective is to make the ventures super productive with our new age business-friendly work environment. “Focus on your future, we furnish your facilities” is our mission. We bring-in New Shades to Coworking Industry. To know more click – WorkOPlace