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.

Top 5 Reasons Why Coworking Space Is Important for Business

Why Coworking Is Important

Over the last few years, coworking spaces have started to make their way into bigger cities across the globe. The reason is that they offer the best of both worlds – you get all the advantages of being in an office, but at a fraction of the cost. These spaces have been so successful, in fact, that there are now an estimated 3000 coworking spaces in 500 cities around the world, and new ones are popping up every day. The potential for growth is tremendous, especially for businesses that want the flexibility of being able to work from home or the privacy of an in-office but don’t want to take traditional office spaces. But what exactly makes these spaces so great? Here are the top five reasons why coworking space is important for business today.

5 Reasons Why Coworking Space Is Important for business

1) Save money

According to Research, as of 2021, there were more than 34 million square feet of coworking space around the globe, up from just 2.3 million in 2005. And that’s no surprise when you look at how much money you can save by having an office without all those expenses. Coworking spaces are designed for entrepreneurs and small businesses, which makes them perfect for small-budget startups. With most coworking spots charging a bare minimum, it’s significantly cheaper than renting or leasing your own space from scratch and other alternatives like hiring a virtual assistant or leasing desk space from others in your area.

Premisin coworking space in Raipur gives you access to high-quality amenities and services at an affordable price, which is especially helpful if you’re just starting. Plus, since there are plenty of people who can help you with your business needs, all in one place, it eliminates travel costs associated with seeing different people and businesses.

2) Socialise with like-minded entrepreneurs

Working from home is great in theory—but when you don’t have someone to bounce ideas off of or answer your questions on the spot, freelancing or starting a company from home can be incredibly frustrating. In a coworking space full of other independent professionals who have similar goals and struggles as you do (it’s a community!), that won’t be an issue!

A great reason to use coworking spaces is that you’ll have an opportunity to meet people who can help you learn new skills and start your business. Networking is vital when you’re running your own business, so take advantage of every chance you get to make connections. If nothing else, coworkers are great sources of information and support. When your business is ready to grow beyond just yourself, working from a coworking space in Raipur gives your employees ample opportunity to meet other people who are working toward similar goals as them—thereby making it easier than ever to find people who fit your company culture.

3) Workspace flexibility and seamless comfort

Many people choose to work from home because they want some degree of flexibility in their workspace. However, that’s not always possible—perhaps you have kids who demand your attention during daytime hours or your spouse has come back to work after taking years off to care for your children. A coworking space allows you to set up a workspace in an environment conducive to focus, whether that means space alone or a lively mix of personalities and perspectives from other business owners with whom you might share ideas and build mutually beneficial relationships. Regardless of why you’re seeking coworkers, it’s worth at least investigating what coworking spaces have to offer.

It’s possible to find a co-working space in any location, but that doesn’t mean it will be a good fit. If you want to take advantage of one of coworking’s greatest perks (flexibility), you’ll want to find an environment that makes you feel comfortable, not just productive. And that’s what Premisin coworking space in Raipur does for you. It offers a customized solution tailored to your needs and your business.

4) Access to tools & equipment

Your business can only go as far as the tools you use to get it there allow it to go, so getting access to the right tools and support as soon as possible is crucial. The number one benefit of coworking is access to tools and equipment that you might not have on your own. If you want to start or expand your business but don’t have enough capital, renting out office space can be prohibitively expensive. That’s where coworking comes in handy; by sharing space with other entrepreneurs, you gain access to virtually every piece of equipment you could ever need without having to invest thousands (or even hundreds) of dollars into high-tech equipment. Plus, if you’re starting a business that requires specialized software or hardware, chances are good there will be someone else in your coworking space who has already figured it out and is willing to share their knowledge.

5) Increase your productivity

When people think of coworking spaces, they often focus on social and collaborative aspects. However, one of their biggest benefits is increased productivity. If you work from home or have your own office, coworking may be just what you need to get things done efficiently and effectively. After all, if you’re in an environment where there are others around (both coworkers and strangers), chances are you’ll want to be on your best behavior while at work. This means no slacking off—which will increase your productivity levels by forcing you to prioritize tasks that need to get done now. There’s also less room for distractions when you’re not alone. Finally, coworking space in Raipur tends to be quieter than other places since everyone is working diligently on their work. That said, it still provides plenty of opportunities for collaboration with other professionals who are there to work alongside you. In short: It can provide everything you need to maximize your output at work!

In today’s fast-paced business world, if you want to get ahead of your competition, then you’re going to need to take advantage of all available resources and opportunities. A coworking space can help you do that in so many ways. Having a coworking space for your business, including the benefits that come with it, is more important than you might think. Here are just five reasons why coworking is so important for any business out there looking to succeed. If you’re looking for a welcoming and friendly coworking space in Raipur where you can combine the comforts of home with the benefits of a traditional office, check out Premisin.

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.

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.

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. 

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.