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!

Does Coworking have anything to do with flexibility?

With changing times and work culture, many companies are revising their workspace flexibility approach. Since COVID-19 outbreak, the spaces are set in motion to reinvent the way of working. Meanwhile, work-from-home (WFH) has been a proven-productive-positive way of running businesses in recent days. Businesses have realized that working from home actually works. The prime reason is flexibility.

Coworking spaces offers flexibility as a cookie reward. Whether you want to go for virtual office or a flexible office space; coworking has everything in its bag. Imagine sipping coffee on your window sill with your laptop & actually enjoying meetings; virtual offices makes it possible. On the other hand, with so many workers looking for a schedule-friendly, collaborative, and vibrant environment to work, coworking becomes their first choice.

Spaces modified their procedure for obtaining flexible work arrangements after the pandemic. This was purely intended to encourage members to help them do better in order to fulfill the business needs. Talking about the employee experience, flexibility is one of the biggest advantages for any company. Flexible working has been a potential factor for attracting and supporting new work culture.

Office designs aren’t just about the work; it is more about how to get things done. Flexibility means you will have ideal work environment for all the brainstorming sessions required for your business. Not only this, flexible coworking spaces costs to much greater extent.  They ensure power and data supplies to the employees with comfortable furniture. Speaking of agility, it goes hand in hand with flexibility in such spaces. They return back to touchstone for every new user.

Women-only Coworking Spaces & Entrepreneurship

Working independently is in trend these days & hence women are no longer living a straightaway path to advancements. Coworking offices round the globe differ in providing facilities & are designed to accelerate socializing more than any other ordinary workspaces. It is obvious that women often get further, faster when they are surrounded by other inspiring women.

They enjoy such judgment-free, flexible and safe environment, which helps in boosting their confidence but also challenges them to grow. A smartly built space especially for women creates a safe, pleasant environment that gives women a sense of authority on that particular space and their community. The business in these places, greatly foster nurture professional & professional growth, collaboration and productivity.

There are women who face difficulty in sharing their opinions and ideas with the opposite sex. Women have to bear a lot; be it professional or personal issues, they juggle to look after everything. Women specific coworking spaces indicate a strong sense of networking, as they extract the best of the skills. Talking about single mommies, it is like a dream come true. The reason is they have all the facilities one can ask for; from feeding room, shower room, dressing room to pet care room.

Women-only co-working spaces are emerging all over the place, offering women of this era a community to thrive, connect & enjoy working in a supportive environment. No wonder that it gets filtered through the thriving co-working culture; more women-oriented co-working spaces can be seen in the near future with specialized spaces. Spots like these means that in one or other way have been able to break the ice of yesterday things and build their own path by themselves. Coworking spaces for women is somehow a narration of freedom of working with like-minded people. Gone are the days when women had to sit back suppressing their dreams and regretting their decisions throughout. When we talk about entrepreneurship, women-only coworking is the best option for the women these days.

Why play-zones are must in workplaces these days?

Do you know the secret of a workplace that keeps growing and glowing? The answer is ‘play-zone’. Workspaces these days know how to take care of its employees seriously. Everyone deserves some fun and relaxation in our lives, even at our workplaces. Having a play zone area inside a workplace is ideal for employees to recharge themselves. It is no surprise that activities like these allows workers to get away from their seats and have some fun during their office hours.

Blending work and play is a great way to keep a workplace environment perky and light. It helps employees to encourage creativity and good atmosphere in order to face the working day with more energy. Not only this, it makes employees feel at home while they are at work as a flexible environment gives out the homely-comforting vibes. Collaborative areas like these bring a lot of perks to its employees and in return a much productive and quality work.

There are numerous benefits of having a play-zone in a workplace. From job satisfaction, productivity, creativity, efficiency to morale; play zones are like magic. Sitting all day slogging in a place can hinder your work performance or productivity. In simpler words, balancing work and play can make a person productive automatically. Play zones are excellent in building up a collaborative environment and bringing out the best in employees. They seem to be working great for introverts to link up with everyone in the office. When someone is rewarded for their hard work or dedication, this ultimately leads to better performances.

A happy mind is a creative mind. Similarly, a fun work environment is the home of creativity, collaboration and innovation. A blend of formal and informal activities keeps employees motivated, happy and sane. When a company shows that they care for their employee’s requirements, their self-esteem builds up naturally. And when employees are contented with the work they do, they tend to develop loyalty for their workplace.

Adding on, gaming areas decrease employee absenteeism. The reason is positive environment and feel-good vibes. According to a study, it is seen that 90% of employees enjoyed working in a workplace that has fun zone and they performed well while working. Decrease in stress levels has also been observed in employees who belong to such places. Recreational zones reduce frustration and anxiety by channelizing negative energy in a playful way. Ultimately, the health care costs are reduced as a healthy environment is maintained. When workplaces allow for fun, people are more likely to be more motivated, less stressed, and more satisfied with their jobs. It is also an excellent way to improve company culture.

8 Different Types of Coworkers You’ll Meet in Workplace

In this blog you will know different types of coworkers in workplaces, and help to find which one is best for your career from different personality types.

We all come across many people in our day-to-day life. And as per the human nature, we possess 3 aspects; self-interest, humanity-interest and life-interest. We behave accordingly based on these aspects and the situation that follows. In this blog you will know different types of coworkers in workplaces.

Workplace has been a challenging place where you wish to deal with the people of your type but in return you face difficulties in keeping yourself sane. Since, categorizing things has been a human tendency, below are some of the most common behavioral or personality types you can face in a workplace.

Different types of coworkers in workplace

1. The bellyacher

Came across someone who’s always grumpy, complaining about the little things around him/her? They are called bellyacher! Smallest of the difficulties bothers them and you can see them rant and rave anytime, anywhere. Be it watchman, coffee machine, wash basin or pantry issues; they know how to make things difficult for themselves and for other coworkers too. 

2. Crybaby

They are complete whiner. They cry over petty things surrounding them. They find excuses to be upset even when things are going normal. All they ask for is soft behavior and lot of pampering from their coworkers. Admit it or not, they are the most negative person, you’ll ever come across. and this types of co-workers to avoid in workplace.

3. The gossiper

This person is blessed with big mouth. They spend their most of time telling people about a coworker’s controversial story, relationship troubles, what’s in some one’s lunch box, who’s having trouble sleeping in night, who’s going to get fired and who’s expecting an increment.

4. The frenemy

There’s always this person, who acts like they are your friend but back-stab you. They will pamper you with sympathetic responses but will speak ill of whatever you do, steal your ideas and take credits for all the things you do. They are the most dreadful person you will ever meet. and you,ill definitely avoid this types of co-workers too.

5. The perfectionist

As the name says, they are the perfect employee of your workplace. They are best types of coworkers in workplaces. The boss’ favorite, over-achiever, enthusiastic, friendliest and you name it. They are the most motivated yet positive person be around and are good for your overall growth.

Read: Top 5 Reasons Why Coworking Space Is Important for Business

6. The big surprise

This category belongs to the person you didn’t like at the beginning but lately they turned out to be your workplace BFF. Their appearance isn’t approachable or friendly towards you and you thought they hate you. Much to your surprise, your aura matches and you end up being good friends.

7. The workaholic

There will always be a person who’s highly ambitious about their work. They are one of those persons who always come first at work and will always be the last one to leave. They are in types of coworkers who eats, sleeps, breathes, and walks work.

8. The therapist

They are your go-to person to share all your good and bad happenings you have gone through. This coworker personality types is embedded with all the advice’s you can ask for; life, relationship, work-life balance, career, etc. They tend to carry a weird but calm aura with them.

You will face different types of people in different places but when it comes to a workplace, finding a way to deal with these people is for your own good. The major goal is to maintain a healthy work environment!

Myths of Co-working

When something new appears, it takes some time to understand it and At the same time, when we put in a lot of effort to understand it better and make others understand it. The rumors have spread!  

The co-working space is still working hard, and few rumors affect people’s understanding. They are still in the norm of why they should adopt it. We don’t blame such people but then we also want them to stop juggling between the rumors and believe in only that which is true.

Let’s learn the true facts and truth about co-working and clear the myths about co-working:

Co-working is for Freelancers!

Many people believe that co-working is for freelancers who cannot afford office expenses. This statement is as biased as much as it is wrong! From freelancers to start-ups, from small companies to medium-sized companies, from individuals to large companies, everyone can use a co-working office. Co-working spaces are suitable for all types of people and businesses.

No Professionalism

It is said that co-working spaces aren’t professional; however, professionalism comes from a business or its people. The main belief is that co-workings are more professional than the traditional ones , because you have your own designated space and can do work on your own time. Many times, people think that co-work is not professional enough because it has a soothing and friendly atmosphere, but in terms of work, dealing with customers, and holding meetings co-working is way more professional.

Money Matters

One of the most heard rumors is that co-working spaces are expensive! However, when we checked the facts, it said that the co-working space saves more money than the traditional space. It is a space rented according to your needs and requirements and will be charged accordingly. On the other hand, the way to set up a traditional office is much more expensive because you have to buy everything and set it up yourself.

No Privacy

Joining a co-working doesn’t mean that you will find the privacy invasion. Highly maintain the co-working space to protect the privacy of individuals and their work. They, provide rented private offices, meeting rooms, meeting rooms to ensure that your work stays among the people.

No difference in space

The co-working space is the most amazing space you will have. It is vivid, spacious, and rich in themes. The layout of each room or corner is well arranged and maintained. You can choose a sufficient space area according to the requirements of the team. If you are an individual, you can explore flexible seats, fixed seats, and even cabins and cubicles.

Same as working at home

Many people say that working from home is better than working together. Well, if you feel comfortable, everything is fine, but the co-working space can give you exposure. It gives you an opportunity to get mixed up with many others that can help you to grow your business and you can collaborate with them.

The co-working space is noisy and unproductive

The overall atmosphere is different from a typical workplace in a co-working space and is more conducive to work. In fact, working in a co-working environment provides greater flexibility and makes people more aware of their work.

Co-working won’t survive

One of the most tragic rumors is that co-working won’t survive, well clearing of this one is mandatory. Co-working is here to live, no matter what people can say. Yes, some of the largest companies, such as Facebook, Amazon, and even Google, are actively using co-working spaces instead of building their own offices. If there is support from such a large company, then survival is not a problem.

So, to sum up, if you’ve wanted to switch to a co-working space for a long time, don’t let these co-working space-related myths affect your decision. Take a trip to any of our co-working spaces, instead, and find out yourself about the truth. Shifting to a co-working space can be one of the toughest decisions for any organization, but it is also a fruitful decision.

Is Flexibe space evolving more than the traditional space?

Employee demographics is the main driving force behind changing the workplace. The newer generations have different requirements and expectations from a company, and companies seeking to retain talent have started to change their workplace strategy for them.

“The amenities race has penetrated office environments, so much so that it’s now commonplace to see offices with perks ranging from additional amenities like Wi-Fi, air conditioning, housekeeping, electricity back up, printer etc.

But it’s not just changing demographics powering this change, it’s also important to note evolving work models. Working hours and locations have become flexible; professionals are no longer required to be in any specific place and time in order to work. This means that a company’s office needs and requirements need to change and evolve along with modern work models. 

To attract and retain the best talent, flexibility is key. But flexibility is also key in order to keep a company agile and resilient. Flexible workspaces are making company portfolios agile; to a certain extent, it’s these types of workspaces that are enabling change in the business world. 

Flexible workspaces are enabling companies to move fast, to keep up with emerging needs and trends. More importantly, they’re doing this while at the same time representing cost savings for companies. Change, and the ability to embrace and adapt to it quickly, can lead to growth. 

And while many companies see the benefit of moving into a flexible workspace when they don’t have a dedicated team (companies can save countless hours and budget by letting flexible workspace operators secure their furniture and take care of the layout), flexible workspace solutions can also benefit companies with dedicated teams and extensive portfolios. Also, flexible space boosts productivity because the space make employees feel motivated and energized to work.