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.
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.
Pocket friendly and safer, too.