Author: Premisin

Few significant factors to consider when looking for office space

Picking an ideal location to base your startup or business is no easy task, as there are many different factors to consider. However, making the right choices can significantly improve your company’s productivity, networking, and team morale. It can be difficult to begin this quest, especially in a city like Raipur. To help, Premisin provides you with a breakdown of the important factors you need to consider when looking for a new office space.

 Location & Accessibility

Location is key when choosing an office space. It needs to be easily accessible for both your employees and any clients (if you expect they’ll be visiting often). If your office is difficult to locate or in an area with few transport links, this could directly impact employee retention & recruitment, and client relationships. You might also want to look into what amenities are close by, such as cafes, shops, malls, hospitals, commute & accessibility (for coffee runs, lunches, after-work socializing, Emergencies, and easy access to bus, station, and airport).

It may also be beneficial for you to be in the company of other like-minded businesses. Choosing a space where you can locate other firms in your similar to your interest might help you network and form prospective partnerships.

Size

The next thing to think about is how much space your business will require. The number of employees you employ as a developing company may fluctuate on a monthly basis! While you want to be able to accommodate any newcomers, wasting money on an overly large workplace is counterproductive.

If you’re not sure how many staff you’ll need in the coming years, renting an office in a coworking space can be a good option. Co-working spaces are not only adaptable (if you need to expand, simply move into a larger room! ), but they also help with budgeting.

Amenities  

This is when things start to get interesting. Office spaces nowadays aren’t just functional; they can also include a variety of fascinating amenities! Decide what amenities are significant for your team to have, such as breakout places, meeting rooms, high-speed internet, recreational zone, before you begin your search.

Then there are the ‘nice to haves,’ such as outdoor/garden area, bike parking and car parking area, and a fitness center. Keep in mind that while these amenities can significantly increase employee happiness and work environment, they may come at a higher price!

Price

When looking for an office space to rent, the first thing you’ll probably consider is your budget. It’s critical that you understand the prices that are and aren’t included in your lease before signing it, so you don’t get caught off by any unexpected charges! Keep an eye out for things like internet access, power bills, and general office maintenance that aren’t covered by your rent.

While it may seem self-evident, the location/size of your office space, as well as market availability, will influence the price you pay. Before you start looking for an office, you need to figure out how much you can pay.

Lease type

Finally, there are many lease types to consider when looking for office space. Many landlords, depending on the office, will need you to sign a multi-year lease. However, being locked into a contract for an extended period of time isn’t ideal for a developing company/business.

As a result, keep an eye out for flexible license agreements that allow you to rent a place for as long as you think you’ll need it, whether that’s three months or three years. In most cases, flexible licenses are agreed upon for shared or serviced offices.

Premisin understands the importance of choosing the proper office space. Our team is available to assist you in locating the appropriate location for your growing business.

Benefits of Renting a Commercial Office Space

One of the most appealing aspects of renting an office space for any company is to gain immediate access to furnished and equipped infrastructure without having to go through the headache of purchasing a property. Should you rent or buy office space? This is a topic that all aspiring businesses ask themselves. Choosing an office space is a vital part of starting a business, regardless of the type, size, or structure of your company. Finding the appropriate workplace, no matter how difficult it may appear, will undoubtedly be worthwhile.

Renting an office space is a fantastic alternative, according to current market trends. The cost and responsibility of purchasing a commercial property are two obvious reasons. Cost in buying a commercial space is a significant obstacle to overcome, and it is one of the main reasons why renting is the ideal option for small businesses trying to develop or establish themselves. One of the biggest benefits of renting an office space for your company is that you can obtain access to fully furnished and equipped infrastructure right away without having to deal with the bother of purchasing a property or incurring capital expenditures.

Here are the benefits of renting an office vs buying your own space:

A Stress-Free Transition

Do you consider yourself halfway there if you’ve managed to secure office space for your company? Not at all! You may want to think about renovating the facilities, creating the interiors, putting up an electrical and water connection, bringing in furniture, purchasing tech tools or required office equipment, and more. Do you really want to go through the trouble of setting things up on your own? The offices that are rented are ready to use right away. They simply take the responsibility for providing an end-to-end serviced office space.


Premisin, commercial property in Pachpedi Naka, provides a comprehensive package tailored to individual needs, with three rental options, allowing businesses to expand. First and foremost, a properly equipped office with all necessary business infrastructure. Second, Premisin will create a personalized office design based on your specifications. Finally, you’ll need well-managed and efficient coworking space for your company. You don’t have to worry about real estate costs, overhead fees, design intricacies, or, most importantly, the stress of managing and having all of this done with any of the three services. All you have to do is walk up to Premisin’s office and tell them what you need; they’ll take care of the rest.

Optimum Financial Burden

One of the most obvious advantages of renting an office is that it relieves the business owner of the financial burden of overseeing and paying for the building’s routine maintenance. You are theoretically not accountable for the repair charges unless you or your team members have purposefully harmed office property or defaced the facility in any way. Leave alone the regular damage costs that emerge out of nowhere. Even regular maintenance, such as repainting the walls, maintaining infrastructure and technological equipment, keeping the bathrooms clean and sanitary, and so on, is an expensive endeavor. The landlord is responsible for keeping all of the things in good working order. If you rent rather than own a home, you can address your problems with the landlord rather than having to do so yourself.

Contracts Flexibility

Another benefit of renting an office space is the flexibility of your contract. With the market being so volatile, changing the location and size of your office space at any time can be a huge benefit. Many office leasing firms provide flexible lease periods, allowing you to grow your business at your own speed and relocate to a larger place without difficulty. Alternatively, if you own office space and wish to relocate, you could wait years for a buyer.

Check out the spaces offered by Premisin office space if you’re looking for an office space to rent for your business that may meet your needs and reflect your personal style.

Coworking Space Promotes Well-Being in 5 ways

After the pandemic touched the hard lives around us, we are all acutely conscious of the job and professional life. We were locked inside and put to work for half a year. This phenomenon was new to some, while others had been working in this manner throughout their careers. But we can all agree that working from home has a negative impact on our well-being after a while since we grow bored with the same routine, same spot, same table-chair, and even the same walls around us!

Thankfully, Coworking exists! A workspace that encourages and regulates social connection and takes into account variables such as personal space, physical and psychological closeness, and sense of community makes us feel better. And when we feel better, we perform better at work. Coworking spaces provide a space for people to find a place to do their best work, but it’s more than just adding a room to your office. It’s about revitalizing your work life.

Coworking is a hot topic right now, and the number of coworking spaces around the country is increasing rapidly. It’s easy to think they exist solely to make work more social, but there’s more to them than meets the eye. If a coworking office supports one or more of the five key workplace wellbeing drivers, chances are it will be more successful in being more than just a cool place to work.

Physical and mental wellness are prioritized in coworking spaces

Work is a key component of human happiness and being able to find well-matched colleagues, projects, and space help workers like no other. Working in the same office space can fight feelings of isolation and help regulate stress levels, according to new research: “The positive effect of sharing the same working environment on workers’ health and well-being is significant”. Further, these works show that the individual and organizational benefits are shared across all of the society, not just for the company’s employees.

The adaptability of coworking spaces is being enhanced even further by customized designs, both physical and functional, that emphasize health and wellbeing. This transition comes as a rising part of the global workforce seeks a work-life balance, pushing that trend to the next level by combining wellness and employment in a single condensed location.

Workplace autonomy

Working from home is an experiment for some — some prefer their office to continue with work-life balance, and others need different work timings that help their body clock. For many, a team-based approach to work is key, while content marketing and event marketing are often complementary. With coworking, you can work as hard or as little as you like, and ask for what you need. Cycling by your office, enjoying tea in the office garden, being a “founding member” of the company. What is typically thought of as a modern hub for creativity, Coworking features innovative ways to engage with your community while liberating you from the traditional 9-to-5 work schedule.

The shift from a traditional office to a co-working space can sometimes mean the end of a desk for an employee and the beginning of an open work environment. Cloud companies offer this option to their employees and sometimes even provide physical space for their workers as well.

Social ties

Coworking provides a full range of benefits. Working from inside the area, employees can create their own culture, maintain professional relationships, or attend meetups or performances without having to search for resources outside the rentable workspace. Coworking is a space to find and pursue your goals as an entrepreneur and route around your personal obstacles also known to promote well-being as it provides a network of support, increased productivity, and a chance to share your story.

A coworking workspace is an extension of our professional persona. It is a point of departure from day-to-day life that encourages us to engage in personal development, build authentic relationships, and spend time focusing on our well-being. Redesigning your space to allow for more collaboration and collaboration among your members can actually contribute to an increase in productivity in your workspace. As you change your workplace to work better for both you and your employees, you’ll experience increased retention, productivity, satisfaction, and well-being.

Interacting with other professionals

The coworking spaces are alive with activity. The coworking space is occupied at the same time by people from a variety of industries. Someone is always available for a cup of coffee and a conversation. Loneliness is reduced through social contacts. Having someone work beside you improves engagement, job happiness, and productivity. Challenges become simpler to manage when you have physical and emotional support from others. According to recent studies, roughly 40% of workers feel substantially less pressure when they operate in a group.

Workplace Resources

Working from home may lead to a situation in which household tasks begin to consume your time. Delays in submissions and the inability to fulfill work deadlines can lead to stress and a last-minute rush. When you opt to work from coworking spaces, you get more control over your schedule and experience a more relaxed state of mind. Coworking spaces make working easier and more pleasurable by serving the specialized needs of professionals. Coworking spaces provide unique benefits and amenities that can relieve employees of a considerable load. The conveniences available under one roof contribute to increased staff productivity and well-being.

Conclusion

Coworking workplaces bring a new perspective on conventional workplace work-life balance. Some people see the increased risk of health or safety risks and try to limit their impact. Others see the opportunity to promote well-being.

Register Your Business with Virtual PPOB & APOB Office

Are you about to launch an online business or a start-up, it’s time to acquire official GST registration for that, you need a physical address of your office. One of the problems people face when deciding to start their own business is finding a place for them to call home.

The first and most important step you should do for your business is to register it with government records or provide proof that you are beginning a business that will benefit not only you, but also the city, state, or even the country. If your business is subject to GST, then having a business GST registered is critical to avoiding any unexpected fines. A significant number of documents are necessary for GST registration.

What are the benefits of APOB and PPOB

The most significant document you will be required for GST registration is your business must have a physical operating address. It serves as the company’s headquarters or primary location and is commonly known as PPOB (Principal Place Of Business). If you have any business expansion plan then after getting PPOB you can get APOB, this stands for Additional Place of Business.

A small company that opens a home office can choose to go the route of formal offices, but many start-ups & businesses opt for a virtual co-working or office space instead because of its treasure benefits. One such benefit that virtual offices provide is physical PPOB & APOB addresses. These “virtual offices” allow entrepreneurs to feel like they have an office virtually but still utilize the necessary office amenities.

How does Virtual office help with GST registration

In this digital age, many businesses do not require a headquarters or a main office to run their operations. It is now feasible to work from home and hold virtual meetings. They can choose to work at a remote office or in a location of their choosing. They do not require an office, but the legislation cannot be amended to accommodate them. All they want is a physical location for their business, and Virtual Office is the ultimate solution.

Virtual offices assist in saving traditional office rents and provide a physical address at the lowest price possible. So why rent the whole office space just for an address? Now, the needs of the business owner are met with the help of a virtual office without the need for physical space. With this Virtual PPOB, you can operate your business from wherever you are with the staff being remotely located in the same office.

Digitalization has made it easier, safer, and faster for businessmen to start and operate a business, entrepreneurs can register their businesses with help of a virtual PPOB & APOB office to get a chance to start a new project within a 5-minute walk from home, sitting in front of the laptop, your phone, or a tablet.

Conclusion

For SME business businesses that cannot afford a physical office, the virtual office for GST registration is highly low cost and lucrative. Even for large business firms, maintaining various office premises across India would cost a lot of money. Having a good location virtual office address in several states will aid in expanding company areas and growing business earnings.

And, if you are looking for a virtual office, Premisin is the leading, trusted name in the market.

Top 7 Benefits of Coworking Space over the Traditional Office

Coworking space appears to be a brilliant concept in the face of a lack of space. The shift between a “traditional office” to a “coworking space” has had an impact on workplace productivity. Coworking spaces provide a more relaxed environment for employees to discover inspiration.

People and organizations need to be in urban centers to grow and innovate. Many organizations and corporations have to contend with ever-rising rents in the crowded city centers.

When a new coworking space opens in your city, it may seem like a luxury to compare it with your existing office. But you will be pleasantly surprised to know the benefits of coworking space far outweigh those of traditional offices.

Top benefits of coworking space

PICK A READY-MADE COWORKING SPACE OR PERSONALIZE ONE

Coworking space gives you the option of selecting a fully furnished room that includes equipment, broadband, and cellphone connections, as well as a range of choices and on-demand meeting workspace options. Or get a personalized workplace according to your requirements such as a single desk, shared office, or private cabin.  It also allows for brainstorming sessions to take place in defined or communal zones.

PRODUCTIVITY GAINS AND GREATER EMPLOYEE

Among the great benefits of coworking spaces is productive gain. Working in an atmosphere that stresses the significance of collaboration and provided values is more motivational and inspiring. You are subjected to an array of knowledge that will help analyze and work out modern choices when up against a difficult work situation when you work around other like-minded professionals, several of whom have unique talents and abilities. In addition, you’ve got sufficient people to consult within the area, you don’t have to step out of the office to have advice that is an expert inspiration. That minimizes time wastage.

WORK-LIFE BALANCING ENRICHES

Coworking space helps you to keep to a more impactful working schedule while remaining focused on a no hindrance workspace by delivering a significantly more creative and productive work environment. Your motivation for work spikes, like everyone else in your room, is aiming at success, fundamentally boosting productivity. It is a good action towards the much-needed balance in work-life.

PEOPLE’S INVOLVEMENT AND COOPERATION

Another advantage of coworking space is the abundance of networking opportunities it provides. Working alongside different experts every day can help foster new business and links in your industry, assisting in the development of a valuable network of connections that may strengthen your organization. Because coworking space encourages open social discussion and interaction, you can better determine business offerings in a real way that would not have been possible otherwise.

BUDGET AND MOBILITY

Almost all operated workspaces provide easily accessible premises that are affordable with all the business’s infrastructure requirements. Because regular workplace upkeep and expenses are covered in the fee, a user would not have to arrange or reimburse for any ongoing work which may be required. As a result, coworking space is an excellent budget option for brands and remote workers. Coworking spaces are usually inexpensive and meet the needs of any expert. Many even usually offer long -short-term-term agreements, letting you get your workspace as often as necessary.

THERE ARE NO ADDITIONAL FEES

Unlike traditional workplaces, there are no hidden extra fees when renting a coworking space. Whilst companies can pay month-to-month fares, these could cover anything from servicing to income tax. Businesses might not be made to create any modifications once the office is being taken out of service and accessorized, trying to dodge dissolution in the system. Numerous offered co-working spaces are easy to discover, and companies will either conduct their inquiry or mobilize expert assistance. As an outcome, companies looking for a suitable co-working space may not need to pay the preceding refundable deposit.

YOU ARE RID OF ADMINISTRATIVE DUTIES

In a coworking space, you do not have to concern yourself with the basic tasks which can be administered. All that’s necessary for running your tiny online business can be obtained here, such as WiFi, copiers, printers, telephone solutions, etc. This, in turn, saves lots of time that continue on administrative tasks while creating or working from the old-fashioned office.

With all these benefits of Coworking space, Premisin comes with additional benefits like widespread parking space, business address, Membership benefits, and many more. We have all the requirements to fulfill starting with your new workspace.

Premisin to launch its eighth coworking space in Raipur

Co-working company, Premisin, is launching its biggest hub at Ring Road, Raipur. With the launch of its eighth workspace, Premisin aims to offer a collaborative work environment for start-ups, young enterprises and professionals.

Its new coworking, which spans 15,000 square feet, is designed to bring together and collaborate over 600 coworkers. It has a mix of private cabins, open seating and meeting rooms; all equipped with high-end technology, high-speed internet and a rooftop lounge. Prices at the centre will range from Rs 6,000 to Rs 10,000 per month per seat and 15,000 to 20,000 per cabin per month. 

Premisin helps users find spaces that they need for their everyday use – open desks and private cabins as offices, meeting rooms and training rooms within their budget. Users can book meeting rooms/training rooms for as short as an hour as well. Also, the company offers serviced office and customized fully furnished office, which is designed and built as per the requirements of the client. 

Shreyansh Jain, Founder of Premisin, said, “Ring Road has been a node for people from Bhilai and Durg alike. It offers a fast-paced, efficient work culture with the soulfulness and maturity of Raipur and we have successfully captured that experience at our centre. 

It’s our largest facility yet, and it has everything a young firm requires in an office.” Over the last few years, the popularity of coworking workspaces has skyrocketed. With India becoming a hub of the world’s startup ecosystem, and early entrepreneurs ready to spend less on occupying properties and paying exorbitant rents, coworking spaces have emerged as a feasible option where you only pay for what you need. 

Coworking spaces are becoming increasingly popular due to flexible workspaces, professional ambience, and excellent networking opportunities. Realising the potential in this business, Raipur-based Premisin ventured into this segment. Besides Ring Road, Premisin has 7 more centres in Raipur.

With the growing demand for coworking workspace, the company has a plan to expand its centres to 3 more locations. And by 2025, is looking to expand its geographical presence and services in other Tier II and III cities. Premisin also plans to create a flexible workspace franchise in the upcoming years to help with expansion. 

The company provides high-end design and boutique-inspired spaces, all while providing concierge-level services, a variety of perks and amenities, and premium, flexible workspaces. They own and operate the entire value chain of the service offering, which allows them an unrivalled level of flexibility and speed in the industry. The company build bespoke environments for members within the coworking spaces. Startups form almost 20% of Premisin’s current customers, while the remainder is almost equally divided between small and medium enterprises and larger companies.

Membership Benefits 

To increase visibility and overall success of the coworking space, the company has teamed with businesses/ enterprises, where they can market their product and services to the portfolio members. It’s as crucial as any other marketing technique for forprofit and brand awareness. The community of partners reserve the finest benefit exclusively for members, which results in both the companies seeing an increase in visibility and clientele.

Franchise model 

Premisin stands out from the competition and provides franchise owners with competitive advantages that aren’t seen in any other coworking space franchise opportunity. Designed for strong returns, Premisin uses its research to determine the best possible ways to make the franchise opportunity irresistible, including a wide customer base, add-on services, comprehensive, industry-leading training, marketing assistance, a proven business model, ongoing support, multiple revenue streams, expansion opportunities, and more. 

Unlike other coworking space opportunities, Premisin is geared towards established business professionals looking for upscale surroundings. The company has streamlined the process to provide owners with a proven business model, turnkey investment, and opportunities for growth, all while saving their time and money. Premisin will help businesses start quickly and on the right track. 

Next Steps 

Every year is challenging for Premisin, but the company looks to the future with optimism. The immediate and long term challenges are building a team to scale up operations, increasing the customer base and scaling to other cities. The coworking industry will play a very important role in the rebuilding of this economy, and Premisin looks forward to being a part of it. The company is confident about working through the challenges and aspires to be one of the most preferred choices for collaborative workspace across India for startups and enterprises with strong community engagement and inspiring workspaces. 

Premisin, a coworking and workspace provider emerges as a strong player

Premisin operates from seven centres in Raipur, spread over 50,000 square feet with 800+ seats and more than 100+ clients. 

The flexible workspace sector has reached a tipping point. Following many years of continuous growth, global demand for temporary offices, meeting rooms and co-working areas is set to explode. 

The larger part of revenues come from the managed office solution since every Premisin centre, on average, has two to three anchor clients occupying 75% of the space. The company always believe that demand drives all. Premisin with its existing centres in prime locations and with growing demand has a plan to expand its centres to 4 more locations with a total area of 1,45,000 sq. ft and 2200+ seats. 

Premisin is promoted by Sjain Ventures Limited, which is recently valued at 135 CR. Planning of starting a coworking space has never been easy but since it is a very attractive proposition from several aspects such as flexibility, freedom of choice and minimal investment. In the three years since its inception, Premisin has always been the leader of the change in the way people have seen and come to view the workspace.

Being new in the coworking & workspace industry, it has never been a cakewalk for Premisin. For director Divya Jain, the aim of a flexible workspace is to build a strong community of entrepreneurs, freelancers and startups. Premisin, since its inception always believes in ‘We work together to build a better community’. 

Divya Jain, Director of Premisin, said, “Everything we do from the design or customization of our buildings to the services we provide is based on how we can create the best collaborative environment for the community. When you have people from almost every industry working together in one facility, the experience and skills you have access to is unrivalled. Our community teams focus on this aspect of our business so each member feels inspired and excited about how we can help them grow their business.

” Coworking and flexible workspace is collaborative and flexible by nature and has observed many new trends and unique practices over the years. Due to aggressive competition and ever-increasing demand, several leading players have donned their brainstorming caps in order to maintain market relevance and further retain clients with value-added benefits.

Premisin believes strongly and holistically that co-working is the future of work and the team supports it in every way. Today, coworking and workspace are not only relevant for small businesses and freelancers, but also for big corporations and any team seeking more agile workspaces.

Premisin is offering its managed/serviced office solutions to numerous clients, including a few big market players who are looking to set up their base in Chhattisgarh. The primary focus is to provide the community with end-to-end solutions and even go the extra mile by scouting innovations.

Speaking about the business model, Divya Jain says Premisin charges range from about Rs 4,000 per workstation to Rs 3,00,000 for an office space per month. Present across Chhattisgarh, the company at present has a total of 6000+ seats, 50+ cabins, and 8 luxury office spaces. 

Premisin has more than 100+ clients, including Urban Company, Zomato Private Limited, Reliance Home Finance, We Expo India, Aeroaeon Avionics, Phone Pe, Uber India Systems, IREP India, Aramex, Byju’s, Aarohan Aavishkar Group, Quess Corp, Go Digit, and Brightpath Associates LLC to name a few. 

Speaking about future plans, Divya Jain says the company is looking to expand its geographical presence and services in other Tier II and III cities. Additionally, This year, to pump up the growth, Premisin plans to open a flexible workspace franchise. This will be initially launched in Raipur, Bilaspur, Durg / Bhilai as a Location of Interest. Further, this will be replicated in other cities like Nagpur, Jabalpur, Pune, Mumbai, Ranchi & Bhuwneshwar.

Premisin Plan to franchise in partnership with large landlords, premium builders, diversified business groups & wealthy HNIs. The company says, if it’s a developing commercial property on their own or one that is already complete, the landlords/owners know that keeping their property full of tenants has a major impact on their business. However, if the companies are looking for ways to avoid vacancies, it’s time to think outside of the box. More and more commercial property owners recognize that integrating a co-working space into their facility is a great way to enhance their property.

Therefore, Premisin has designed a franchise investment model to increase the revenue. Divya Jain concluded by saying, “It is this sense of community that has driven the demand for Premisin spaces among startups, freelancers, small companies and entrepreneurs across the globe. There is enough demand, the team at Premisin want to increase the market size by creating awareness about co-working spaces and ensuring that every operator has a profitable run. Our holistic approach differentiates us.” 

The biggest benefit through the franchise model is that the Premisin coworking and workspace adds to the client’s commercial development by filling a space with their franchise investment instead of searching for other businesses for that particular space. Premisin comes with a host of benefits for the clients by giving them a professional place to go to work each day.

Even better, as a franchisee, you will have Team Premisin’s full support in terms of complete Interior Planning / Drawing & Execution Plan – MEP, Network Drawing, Fire Exit Plan, Sitting Layout, BOQ, Marketing & Branding, Listing of Space, Consultancy, Center Manager, Technology, App – Andriod + iOS and assistance when opening for business, and finding clients. At the end of the day, putting Premisin in an available space with the company’s development keeps costs down and adds multiple streams of revenue to the commercial property resulting in a win-win situation. 

Can co-working become the future of workspace?

The pandemic has affected almost every area of life and work as we know it, and due to this many organizations have adapted to or transitioned their ways of work from traditional to co-working. It certainly does come with its own challenges.

Future of co-working

It is said that co-working spaces in India could potentially increase at a faster rate if the growth rate of these workspaces were maintained.

But with work culture and society as a whole has undergone extensive changes over the past few months, companies may be concerned about using offices for the moment. However, experts still predict that this could mean good news for the co-working industry if it makes the necessary changes.

Although remote working has its own advantages, at times its drawbacks tend to take over, such as unreliable home technology, constraint home office space, uncommunicative team members, and mental health issues that can come with rearranging home and work responsibilities. 

Moreover, the future of work often requires distinct ways of working. In particular, flexible and vigorous ways of working will very soon become common as they will allow companies to react faster to changing and developing conditions in the business scenario. Along with this trend, more work will be project-based and involve staff from outside, which in turn increases the importance of networking and social skills.

Purposefully designed offices can encourage such new ways of working and co-working spaces to fulfill many of these changing requirements of the market. There is no escaping the fact that the nature of work is changing, however, so it’s worth embracing the positive aspects of that work-life change. What constitutes a job is no longer neatly bound by notions of a career, the nine-to-five, of 40-hour weeks and four weeks holiday leave, and nor should it be.

Entrepreneurs, startups large corporations, and remote employees, and freelancers of all types are moving to co-working spaces in record numbers. Free & fast WiFi, several facilities provided are some of the reasons companies are focusing on while choosing the co-working space but that’s not all;

Opportunity for co-working

Co-working provides a motivating and encouraging environment. Members can take energy from one another even if they don’t talk about their particular projects. Co-working colleagues flourish in a pressure-free environment, politics-free workplace, and competitiveness among the co-workers engaged in the same activity.

Strong sense of work identity

Co-working spaces are unique in that they bring together not only individuals working on all aspects of a business, but also businesses from other industries. Individuals build a sense of worth and relevance in their job by learning about what others are doing.

Work and life balance

Individuals can determine their own working hours in co-working space, which is something that may not be achievable in a traditional office setting. Co-working spaces give flexibility to the individuals to choose their own selective working hours, something which would be impossible in a typical office setting. It is possible to organize your working hours around those of other family members rather than carrying work home or sticking to a regular work schedule. This gives you more time with your family and avoids disruptions.

Employers have discovered that having less control over what an individual does with their time results in higher performance, therefore co-working is beneficial to both employees and employers. Hiring employees without having to supply them with office space is not only cost-effective but also freeing. It’s only a matter of time before the workplace as we know it becomes outdated as employees and companies adapt to this new style of working.

Virtual Offices can serve as your PPOB or APOB?

To understand the purpose of virtual offices. First, we need to know

What is PPOB and APOB?

PPOB stands for Principal Place of Business. Every company may it be big or small/ brand new or age-old needs to have a PPOB (principal place for their business) which acts as a headquarter or the prime location of their business. This PPOB has to be registered under GST. It can be a warehouse, office which is your physical address of the business. A company can only have one PPOB in a state. APOB stands for Additional Place of Business. There is numerous large-scale business and some small-scale business which requires more than one place of business. You can have several APOBs in a state. Like Amazon, Flipkart, etc.

Why PPOB is important?

It is a legal requirement for every company to provide a physical address for their office in order to register their business. So having a PPOB is mandatory. If you are planning to start a business you have to register your company. When registering, you must provide the physical address of the office. Even if the registered office is not the main site where all the work is carried out it is needed for receiving official mailings and keeping official records of the company.

How can Virtual Office be a solution for PPOB and APOB?

In this digital era, there is numerous business that doesn’t need a headquarter or the main office to facilitate their business. It is the time where people can work from home and carry out meetings digitally. They can prefer to work in a remote office or in a place of their choice. They don’t need an office however the law can’t be changed for them. All they need is a physical address for their office and the solution is Virtual Office.

 Virtual Office unlike its name doesn’t mean an online office but rather a location that assigns their address to the business for GST registration. For your business, the virtual office can be PPOB or APOB. It can bear a good reputation to the business due to its location. It is cost-effective and provides various other facilities like meeting room service, assisting (they can represent an employee on the company’s behalf to meet specific clients) and receiving emails, etc.

Like Premisin provides meeting rooms for private meetings, it also provides concierge services for companies. 

Tips for Making a Good Coworking Even More Better

Coworking is getting a great deal of consideration this moment, and it’s straightforward why.

On the off chance that you’ve never known about this sort of office previously, a coworking space is just a committed office space where organizations can lease a work area or five on every week or per-month premise. The workplace has offices including PCs, meeting rooms, and in case you’re fortunate a pantry.

In case you’re a business person, entrepreneur, or startup who principally telecommutes, then, at that point coworking offers a scope of advantages – an expert climate to have customers, an opportunity to get away from the workspace and still utilize an agreeable seat, and an implicit organization to assist your business with developing.

However, coworking can have its disadvantages. It’s been blamed for being popular, gimmicky, cultivating seriousness and pessimism, and being the most inefficient conditions entrepreneurs could end up in. In case you’re considering utilizing a coworking space, here are a few hints to assist you with benefiting from the experience:

Search for the right space

Diverse coworking spaces draw in various kinds of organizations. Similarly, as with some other business actions, consider cautiously your requirements and objectives are before you pick your space. Visit multiple spaces then select from it which suits you and your goal

Be available to good fortune

The worth of coworking spaces comes from the open climate that supports chance gatherings and community-oriented discussion. In case you will pay for a work area, don’t arrive, turn your earphones on and shut off every one of the interruptions. It’s the interruptions that make space worth leasing. Be satisfactory and receptive, and you’ll end up making new and useful associations.

Consider how you work

Coworking spaces have numerous advantages, yet one of the disadvantages is that they can be troublesome spaces to really complete work, particularly in case you’re utilized to the isolation of a workspace. However, that doesn’t mean you should surrender coworking inside and out, simply plan the kind of work you do in the space to accommodate your degree of usefulness.

Make a coworking pack

There’s nothing more awful than overcoming traffic to show up at your coworking space, just to find you’ve failed to remember something imperative. It makes you can’t help thinking about why you take off from the house by any stretch of the imagination.

One approach to battle this is to commit a rucksack or handbag explicitly for your coworking gear. Inside, place all you require: A beverage bottle, swipe card, chargers and batteries, change for the candy machine, espresso markdown card …

At the point when you head out for coworking, you simply need to get the pack and go.

Substitute Your Seat

We people are beasts of propensity, however, coworking is tied in with switching around your schedules. So start by switching around your seat! Change to various workstations around the space, initiate discussions with new individuals and see where good fortune drives you.

Utilize every one of the highlights

You’re paying for space, so utilize every one of the highlights and projects on offer. Numerous coworking spaces offer free classes and systems administration occasions, extraordinary espresso, or limitless copying. Go off the deep end with these advantages. You’ve acquired them.

Free from any danger

One thing that is not regularly examined when pondering coworking is the weaknesses it may open up in your business. Truly, while we may figure we can believe our coworkers to be straightforward, there are deceitful individuals on the planet, and one wrong move could cost your organization beyond a doubt.

Dissimilar to an office space where everybody is typically working for a similar group, a coworking space unites a wide range of sorts of organizations – some of who may even be contenders. Practice great security rehearses by stopping your PC when you’re away from your work area, utilizing keen passwords, and ensuring you realize who is in the structure whenever. Converse with the coworking facilitators about their own web security insurances, just as broad wellbeing and security around the office.

Bring something helpful

Normally the organizations partaking in a coworking space are permitted to bring along special material (despite the fact that there might be a few guidelines around this – check with the facilitators). Assuming you need your coworkers to see you, supply some promotion gear that is helpful in the space, like pens, cushions, scratchpad, magnets, drink jugs, or espresso cups.

Keep your space clean

This ought to be obvious, however, it regularly should be said, boisterously and with feeling. In case you will be essential for a coworking space, you should be aware of the others who utilize the space. That implies utilizing an indoor voice, downplaying interruptions while others are attempting to work, and keeping both collective regions and your own workspace clean.

bring in mind that your Coworkers could be your next colleagues, financial backers, associates, or team promoters, so behave as well as possible, throw away your waste, and keep that smile turned on!