Shared Workspaces Help Dubai Start-up Entrepreneurs
Collaborative office space is expected to grow in Dubai in the coming years. It’s no longer considered as a complementary sector but a fundamental core of the commercial property market. Many startups, freelancers, and SMEs opt for shared workspaces because they serve as a convenient, cost-effective solution.
Here’s how shared workspaces can help startup entrepreneurs:
Low capital expenditure
It’s not always possible for startups to secure a traditional office due to high rental fees. Lease contracts can go from 2 to 10 years for which a deposit is generally required. Also, furniture, decor, technology, and maintenance costs can add up quickly and put a dent in your working capital. A co-sharing workspace provides startups with cost-cutting abilities as it is fully-equipped to handle daily business operations.
Flexibility beyond timing
In a shared workspace, companies still in their formative years can go for a couple of hot desks until they expand. They will have access to facilities similar to what a full-fledged corporate building can offer. Then, if they are ready to take their business to the next step, they can upgrade to a larger, dedicated space.
Access to all-included service
A coworking space gives startups access to an all-inclusive service, which they can pay in increments according to their membership plan. It already covers basic utilities, high-speed internet, welcome desk, mail handling, IT support, and cleaning staff. You won’t even need to worry about interior design and fit-out. Whichever package you choose, there are several advantages available to all members.
Startups usually put all their efforts toward product or service development. This means the location and appearance of their office space may suffer at the beginning. But this is not the case with a shared workspace. Startups get a professional image right from the start because it is strategically located in the heart of the business center district. They will have a prestigious address to impress their visitors.
Inspiration and collaboration
There’s never a shortage of inspiration in a collaborative office space. It’s because it puts you close to unique individuals with innovative ideas. You can strike up a conversation with a writer, coder, marketing reps, graphic designers, or a fellow entrepreneur, and you’re likely to come up with thoughts you hadn’t considered before.
When it comes to shared offices, coworking workspaces, or flexi desk Dubai business centers offer the best in the world. If you’re a startup looking for a highly professional work environment with affordable plans, you will love Austria Business Center. We are one of the leading providers of impressive shared offices in Dubai. Call us at +971 4 454 9700 today!