What is Plug and Play Office and what does it offer?

Both established businesses and start-ups frequently struggle to find suitable office space. The traditional idea of office space has experienced significant modifications, even while variables like space, size, location, and services still play an imperative role in office selection. In India, the plug and play office concept is widely used.

What is Plug and Play Office space?

Raipur Plug and play office spaces offer a flexible way to quickly set up a fully functional office. A number of business centers are separating huge offices into smaller ones and offering completely furnished office spaces so that the companies can start operations immediately.

These come with all the amenities needed for a fully functional office, including workstations, executive cabins, conference rooms, high-speed internet connectivity, reception areas, and lobbies.

Who needs a Plug and Play Office?

Every company has unique business requirements. However, the need to grow or establish something new is constant. Therefore,a plug and play office space is a great choice whether you are on a limited budget and looking to downsize the company or considering establishing a new office. It is especially helpful for small enterprises that lack the resources to make large initial investments in office space.

In Raipur, there are several plug and play office spaces available for rent. It may be leased at an advantageous rate based on individual needs. Because of the simple lease terms, price, and services available, business owners can use these ready-to-move offices.

Also Read: Why Raipur is The City To Select Furnished Office Spaces

What Plug and Play office spaces have to offer

Your firm might be launched successfully in Raipur with the help of a plug and play office space. Let’s take a look at some of its key features.

Prime Location:

Plug and play offices are generally found in central business districts. This gives your business a respectable address that helps in making an impression on customers. Additionally, it facilitates more straightforward commercial correspondence and is conveniently available from anywhere in the city. 

Fully Furnished: 

The workspace comes with all the necessary equipment and services.

Office infrastructure: 

These offices are completely furnished to match the demands of contemporary businesses, including desks, seats, and tables in addition to workstations, computers, and internet access. The trouble of setting up various services is fully eliminated by its advanced office infrastructure.

Access to Common Areas: 

All tenants have access to the lobby, reception area, and conference rooms. In close proximity to the business centers, you may find cafes, canteens, shopping malls, or ATMs. Some also have gyms, play areas, and other amenities.

Flexible Spaces:

Companies can select how much room they require. With this idea, businesses have the freedom to pay for the services they actually use. Additionally, it supports variable renting arrangements, making it simpler to leave or grow the business.

What benefits are there?

Plug and Play offices are incredibly alluring to start-ups due to their many benefits. These are a few advantages of a plug and play office.

  • Minimal upfront cost
  • Completely furnished and equipped offices
  • Included in the rent are Electricity, internet, and HVAC
  • Flexibility to select what you need
  • Unrestricted parking
  • Services for cleaning and upkeep
  • Access to business equipment
  • The availability of various kinds of workspaces or rooms
  • Accessible at all times of the day

Why working from plug and play office in Raipur is the best option?

In Raipur, a plug and play office serves as a coworking space. Under one roof, people with various backgrounds and interests work. 

As a result, networks can be strengthened, skills and knowledge can be exchanged, and professional services can be chosen. In addition, the centers are equipped with all the necessary amenities. Business owners are spared the hassle of looking for various services. It also offers very affordable IT system assistance.

Also Read: Why Coworking Space Setup in Raipur Exceeding the Ordinary?

The future of plug and play offices

The need for smart offices is increasing as work culture is rapidly changing. Therefore, there is an increase in demand for futuristic shared workplaces. Smaller and larger organisations are anticipated to take advantage of these offices given their many advantages.To rent shared working space, furnished space, or serviced workspace, visit Premisin’s website or call them. Premisin will help you find a space that is most appropriate for your business and is best suited for your company.

Why Raipur is The City To Select Furnished Office Spaces

Raipur is one of the most vibrant cities in Chhattisgarh and one of the fastest developing cities in India. Raipur is very significant and prominent for its steel market and is a developing IT hub. Everyone in this busy city thinks and discusses startups. The diversified culture of the city and the youth contribute to a large number of reputed engineering colleges in India.

There are plenty of possibilities in Raipur if you’re looking for furnished office space to rent. You can choose an office that precisely fits your business goals and your work culture. You can find some excellent properties that adhere to safety regulations and quality parameters.

What Does Furnished Office Space Matter So Much to Your Business?

Having a flexible workspace is more crucial than ever, especially with the way the activities and mindsets are changing quickly and with the most recent developments in the digital world. A dedicated office space is not an exception, but rather the need of the hour. While working from home is an option, there is something exciting and encouraging about being in a professional setting. It forces you to give your best effort.

Read: Benefits of Renting a Commercial Office Space

Therefore, renting an office space is the best choice. Given the advantages and cost-effectiveness of the furnished office spaces for rent in Raipur, it guarantees convenience and productivity.

Reasons to Choose Raipur for Furnished Office Space

Undoubtedly, Raipur is the fastest-growing Indian city. Raipur makes up a significant portion of the nation’s economy as more and more IT enterprises, SMEs, and startups with innovative business ideas sprout up throughout the city.

There are numerous possibilities available to professionals searching for furnished office space for rent in Raipur to launch their ventures or for career growth. One of the fundamental reasons is that if not in Raipur, the fastest developing city, where?

Here are some reasons to pick Raipur for rental furnished office space if you are one of them.

1: Affordability

The primary factor in choosing Raipur for rental office space is affordability. There are numerous elements at play when you launch a firm/company. Consider the office space to be the initial large investment, followed by the workplace’s fundamental amenities, setup space, network, and connectivity. Opting for furnished office space in a coworking space model can considerably cut costs and ease your concerns. In contrast to the traditional workforce, office space that is offered for rent has all the essential conveniences and extra features at a reasonable cost.

Most importantly, you are free to select any location that works for your company. The facilities would not differ, despite price variations. Some of the well-known office locations may even feature high-end amenities to give you the impression of a typical office.

2: Infrastructure

In Raipur, there is no shortage of office infrastructure. Everything you need is available under one roof. Modern office furnishings, cutting-edge offices, and ready-to-use space. These office space amenities are free for entrepreneurs and freelancers and without any additional expenditure. One of the few benefits of renting out a furnished office space in Raipur is that it comes with a high-speed internet and wi-fi, furnished conference rooms, enough space for parking, and a great location.

3: Fully Equipped

If you are looking for an office for rent near me on the web, always look for a fully equipped office space. These furnished office spaces are equipped with everything an office needs to run well, from network connectivity to coffee. Business professionals can unwind and focus on their business while the hired office space takes care of all other requirements for the office space. The best benefit of the modern world is this.

4: Interiors With Professional Decoration

Nowadays, having a workstation that is only functional is insufficient.

The appearance of your furnished office space available for rent will have a significant impact on the impression you leave on your client.The interiors of furnished offices typically feature the work of experienced decorators, making them look better and more refined.

5: Saves Your Precious Time

Time is equivalent to money in the time-constrained commercial environment of today. Your business may suffer if setting up your business takes many days. As a result, your business will have to shoulder more financial responsibility. A furnished office space translates into significant time savings. Only a few hours will be required for the move because the workplace is already set up.

Also Read: Why Coworking Space Setup in Raipur Exceeding the Ordinary?

Conclusion

You can select a variety of office spaces to fit your business operations depending on the business type. There are options for conventional offices, serviced offices, business centers, coworking spaces, virtual offices, etc.

Make a list of your requirements and choose a furnished office space for rent in Raipur that meets your needs and ensures successful operations as well as the growth of the business. Premisin can assist you in finding the best office space in a prime location with all the basic amenities and facilities to help you and the business team in providing their best work. Visit our website and Tell us your requirements. Our team will contact you.

Reasons why corporates are getting inclined towards co-working space

These days, a lot of businesses are affected by co-working spaces because the majority of them are moving to co-working spaces voluntarily and swiftly. The relationships, networks, and exposure to various concepts, ideas, and mindsets are what set a co-working space apart from other places of business in addition to the fact that it benefits a variety of startups as well as small and medium-sized organizations.

Many successful companies are starting to use co-working spaces more frequently, with the financial and insurance sectors being the most heavily oriented to co-working facilities. By lowering expenses, offering a flexible work environment, enabling access and use, and ensuring that all legal, financial, and professional requirements are met, co-working spaces are attempting to improve the concept of entrepreneurship.

Nowadays, the majority of people are more concerned with the quality of the work than with its amount, location, or the number of employees. The co-working concept is quite flexible, so it has been warmly welcomed in India and its other states including Raipur. Co-working spaces have also changed the way that work is done around the world, and India has the second-largest labour force in the world.

Let’s look at the reasons why corporates are drawn toward co-working spaces.

Locality & Surroundings

The Premisin office space offers excellent choices for those seeking the best co-working office spaces in the Raipur location. It is generally known that a person’s workplace has a big impact on productivity. This is true because, in addition to offering competitive advantages, co-working spaces may also give you a number of traditional perks, and it turns out that getting them doesn’t cost a lot of money.

Privacy

There are times at work when everyone would like to have some professional privacy, even if you are a social person. You and your team will receive this from the co-working space. Co-working spaces offer considerable areas that are exclusively for your team. There are several office suites available that come complete with boardrooms, pantries, and separate conference rooms, among other features.

READ: 6 BENEFITS OF CO-WORKING WORKSPACE OVER THE TRADITIONAL OFFICE

Adaptability to the environment

The business world of today is mostly based on the environment that is reflected, as it plays a significant role in establishing a proper and accurate company image.  As a result, organizations usually shortlist as well as visit a number of options when choosing one of the best co-working spaces from the options accessible. Even though the space in question is prosperous professionally, corporates choose the location where their search ends, which was something that was lacking in the past.

Development Prospects

The main objective of every business is to develop and prosper on a domestic and international level. Because of this sense of stability, co-working spaces give businesses the freedom to concentrate on their long-term growth prospects. Because of its plug-and-play nature, co-working spaces offer flexibility for business expansion plans. Co-working spaces offer opulent corporate environments all around the world. The corporate gains even more from this because it enables them to better comprehend, present, and research the market’s possibilities.

Reduction in overhead cost

Co-working spaces have a simple and unproblematic appearance at first. For remote workers from various businesses who rent these offices on a daily, weekly, or monthly basis, these spaces are fully furnished offices with desks, Wi-Fi, Power backup, and occasionally even complimentary refreshments. It basically aims to replicate a real office setting for people who aren’t forced to work there.

Every business has a unique requirement. For new businesses, affordable office space is imperative. MNCs are searching for premium office space. These high-end shared offices allow multiple businesses to function alongside. Tenants can share rent expenses in this way and stay away from out-of-pocket fees like down payments. Working in a co-working space has perks including high-speed internet, electricity, 24-hour office access, daily cleaning, and more. A monthly membership fee determines the price of a co-working space. These members pay based on how long they remain in the space.

Satisfied workplace

Co-working spaces offer more flexibility to the business employees than traditional office spaces. When it comes to a contended workforce, a flexible environment is an important factor to take into account.

These terms are no longer relevant if you choose a shared office space at one of the various co-working spaces available. Both the administrative and the capital expenses associated with acquiring assets are greatly reduced. Corporate businesses favour co-working spaces for a variety of other reasons.

The adaptability of co-working spaces increases employee retention and like-mindedness. There is also no arguing that a contented workforce is more creative and productive. As a result, helping the business achieve its stated targets and objectives more successfully.

Best Innovation

A co-working space is a place of business that incorporates creative and collaborative elements with traditional office features. Although traditional working practices were profitable, a little creativity never hurt anyone. Co-working spaces are expertly run to provide businesses with an engaging environment in which to showcase new products in the cutthroat marketplace. That can provide them with fantastic results, including expert advice, businessman’s thoughts, and the creation of a fashionable stream of operations. 

ALSO READ: CAN CO-WORKING BECOME THE FUTURE OF OFFICE SPACE

Co-working spaces offer a modern, flexible atmosphere for working. That perfectly satisfies both the desire and the mentality of today’s youth. Moreover, by rejecting the conventional norms of working.

Using a shared workplace is more of a revolution in working methods. Under which numerous well-known names in the insurance and finance sectors operate. that IS transforming into the co-working sector and has a major impact on the whole market.

For the Indian workforce, co-working office spaces are now a more viable option than traditional offices.

Why Book Private Cabin at Premisin office space

Every day, coworking spaces are gaining a foothold in the business world. Following the epidemic and moderate lockdown, the demand for shared office space has skyrocketed. Co-working spaces provide far more amenities than a traditional co-working space. It is advantageous to freelancers and startups. 

Raipur’s shared office space is brimming with new talent and eager individuals. They exude good energy, which leads to increased productivity. The best thing about co-working space is that you can rent it according to your needs and budget. Premisin co-working spaces usually have hot desks, dedicated desks, private cabins, fully furnished space, and customized office space.

What exactly are the private cabins?

In Premisin coworking office, a private cabin is a space where a group of people can work together in complete privacy. These are significant places that you can tailor to meet your own needs. These cabins are fully furnished with all of the amenities you’ll need and provide you luxuries of private offices. Co-working space comes with top-notch security. They are undoubtedly the ideal alternative for working with your team or holding a meeting in complete solitude.

The reasons for you to book a private cabin in Premisin:

Flexible:

Premisin co-working spaces have become highly popular among freelancers and start ups because they provide them the option to set up their workspace in the way that best suits them. Renting or purchasing a personal office may be difficult for those with a limited budget. Premisin coworking office space in Raipur allows you to increase your employee count without incurring additional costs per person. One of the key reasons why startups and entrepreneurs are increasingly turning to co-working spaces is its flexibility.

Networking:

Meeting others is an essential part of any career, regardless of what industry you work in. There is no better approach to grow and build a strong client base than networking, especially if you are a beginning firm. Co-working spaces are populated by people from all backgrounds, brands, and industries, each with its own set of ideas and inventions. These co-working facilities are primarily designed to connect individuals. They make networking and collaboration possible. If you’re looking for a new customer or maybe a teammate, Premisin’s office spaces are ideal.

Productivity:

Coworking office spaces give you a leg up in your business venture. You don’t have to waste money, time, or effort operating the workplace and maintaining it. Instead of wasting time and money, the time and money saved can be used to boost productivity. Another reason why entrepreneurs are moving to Co-working spaces is that it saves them a lot of money and time in terms of office space maintenance. You won’t have to worry about basic office necessities in a shared office space because it includes amenities and facilities you’ll ever need as part of the monthly fee. When that worry is gone, you may go to your office every morning and begin working in a relaxed environment, resulting in increased productivity.

Positive work environment:

The ambiance of your workplace must be good for productivity and efficiency. The majority of our actions are influenced by our surroundings. To focus and bring out your originality and creativity, being around people who share your vibe is beneficial. Premisin coworking spaces are teeming with smart people. All around you, you can sense invention and imagination in the air. These co-working facilities strike an excellent combination of productive and creative areas.

Is traditional office space declining over the coworking space?

As work culture evolves, so should our approach to determining which style of the workspace we should use. Work no longer has to be done in a fixed location and may be done almost anywhere. Dedicated offices, for all their benefits, do not simply allow us to react to changes in business culture and demands without a significant trade-off. Flexible workspaces can help with this.

According to research, the strong demand for flex space is expected to continue until 2025, as firms’ headcounts grow and their workforces become more decentralized.

Even with the outbreak of COVID-19, which has enforced the de-densification of office spaces for businesses, this is especially true. Employees are increasingly working from home. As part of their Business Continuity Plan, companies have also divided their employees into multiple workstations and set up contingency workspaces.

Fortunately, in unpredictable and unsettled times like this one, flexibility is the best thing to have.

Is your work environment allowing you to be as flexible as possible? Flexibility isn’t something that every organization has fully embraced as a crucial aspect in office leasing. This is either because they were unaware that flexible office leasing choices existed, or because they assumed the expenses of traditional leasing were fixed.

Startups and individual freelancers are often connected with flexible workspaces. However, given the detrimental effects of COVID-19 on the economic climate, most organizations, including corporations, will likely reassess their typical office arrangements.

Should you choose a flexible workplace or go with a traditional and dedicated office in this situation? And which one is the most appropriate for your business? Before we go any further, it’s important to understand the key differences between flexible workspaces and typical offices.

Coworking space

Premisin Coworking spaces frequently include an open-concept layout that is shared by all members of the space. The spaces are generally outfitted with comfy furniture, shared equipment like printers and Wi-Fi, and even free coffee in order to foster a collaborative and communicative environment.

Advantages of Coworking Spaces include:

  • Workspace that is diverse. Individuals can roam around freely in coworking spaces, which allows for collaboration and networking. There are several opportunities to meet people you might not have met otherwise.
  • There will be no extra costs. Utilities, renovations, and furniture are all covered by your monthly charge. There are no large upfront costs or long-term commitments. Depending on the space you choose, you can pay month to month or choose a different plan.
  • Built-in management. You don’t have to be concerned about office administration.

Traditional office space

Traditional office spaces are private and owned office spaces for your firm, designed for efficiency and focus. The arrangement may be open, similar to a coworking space, but you can alternatively partition it into individual cubicles or offices. You have complete control over your technology and other resources, and there are specific conference rooms for group meetings.

Advantages of traditional offices:

  • private office spaces and meeting rooms offer quiet, professional environments with fewer distractions and scheduling conflicts.
  • individual production. Rather than the collaboration and networking that happens in coworking spaces, traditional offices encourage individual work.
  • professional client-facing environment. Confidentiality and privacy are maintained for clients.
  • personal branding. The entire office space encapsulates your brand.

Which is best for you?

If you’re seeking office space for your company, Premisin coworking spaces can be a good option. These spaces are an excellent method to save money while also boosting productivity. Coworking spaces are the greatest option if you want to build a collaborative, creative workforce. There are several opportunities for networking, cross-industry collaboration, and team communication.

Whether you want to rent a coworking space or buy/lease an office, there are a few things to think about before making a decision. Consider how you want to show your company to potential customers, how your workers will work best and be most productive, and which choice will be the most cost-effective. Clients’ privacy and confidentiality are protected. Your brand is encapsulated throughout the entire office environment.

Traditional offices foster solo work rather than the teamwork and networking that occurs in coworking facilities.

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.

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.

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.