Rediscover Your Ideal Managed Office for Increased Productivity
Are you tired of dealing with the day-to-day challenges of a traditional office? Have you ever considered an environment designed to fit your business needs – by focusing on flexibility, productivity, and [1] [2] meeting modern business approaches? A managed office might be the answer to all your problems! Be it a startup, SME, or an established enterprise, a managed office can redefine how your team works and thrives in a day-to-day environment.
Definition of Managed Offices
Managed offices are fully serviced office spaces that enable businesses to conduct their operations smoothly and efficiently. These customized spaces are pre-fitted with office furnishings, internet, meeting rooms, and other basic requirements so that companies can focus on growth over logistics ways and medium.
Why Are Businesses Switching to Managed Offices?[3] [4]
Businesses are excessively shifting towards managed offices to manage the hassle and build a manageable working space to attain employee satisfaction and retention. Some of the major reasons that allow businesses to switch from traditional old setups are –
- Flexibility and scalability – Managed Offices can serve businesses of all sizes. Need to expand your team? DevX Managed Offices is the optimum solution for your business guiding you on the move without the need to relocate.
- Cost Savings – Refuse large, one-time infrastructure investments. Managed offices work on a pay-as-you-go system. In India, for instance, a typical office setup in metro Cities like Mumbai or Delhi could range anywhere between ₹1,500-2,500/sq. ft. Managed offices exclude these hefty expenses making it cost-effective and easy to rediscover your business needs.
- Concentration on Core Business – The operation is handled by the service provider so that you can dedicate your team’s focus to strategic goals.
One of the recent studies mentions that 75% of Delhi-based firms are moving to managed office spaces as a way to handle their quick expansion and evolving work styles. When a tech business in Delhi moved to a managed office, they were allowed to use fully furnished meeting spaces and fast internet, while also reducing overhead expenses by 40%. This led to a 35% increase in their production in six months.
Features and Benefits of Working From Managed Office Spaces
Managed office spaces offer an ideal working environment for businesses providing both contemporary features and several benefits. These areas are intended to boost productivity and foster company expansion accommodating everything from fully equipped workstations and cutting-edge technology to flexibility and cost effectiveness.
- Convenience and Customization
Managed offices are pre-furnished and equipped, so there is no hurdle involved in designing and furnishing a workspace. Managed office providers offer customizing options to customers granting authorization to offices for representing their brands more effectively.[5] [6]
- Real-World Examples of Customization
A Bengaluru-based health-tech startup – CureFit offering fitness, nutrition, and mental health solutions saved around ₹80 lakh by opting for a managed office instead of a traditional lease. They customized their office space with vivid colors and branding items in a matter of weeks, which would have typically taken months in a leased office.
- Prime Locations
Managed office spaces are mostly located in key commercial locations, accessible by both employees and clients. E.g. – managed offices in places like BKC and Lower Parel in Mumbai offer proximity to the major transport infrastructure and corporate facilities.
- Technology and Infrastructure
Technological amenities such as high-speed internet in meeting rooms and chic offices adorn managed offices with the most modern technological infrastructure. Such features allow normal operations to proceed smoothly, ultimately increasing the productivity ratio.
Factors to Consider While Selecting Managed Office Spaces
When choosing a managed office space it’s necessary to carefully consider certain aspects such as cost, scalability, location, and amenities. Keeping these things in mind guarantees that the workspace supports productivity and is in line with your business goals and expectations.
1. Location and accessibility
- Accessibility to Public transport
- Access to both the staff and clients
- Restaurants, banks, and parking facilities nearby
2. Costs and budget
Even if managed offices are cost-efficient, comparing packages is a better ideal. E.g. – Monthly rates for managed offices in Indian metros are between Rs.300-350 per square foot depending upon location and facilities offered.[7] [8]
3. Facilities and Services
Check to see if your space has these essentials –
- High-speed internet
- 24-hour security
- Cleaning services
- Meeting rooms and break-out rooms
- Flexibility in the lease period
The flexibility of leases is one of the primary benefits of managed offices. It is ideal for office space finders to select based on their specific needs. However, ensure that your provider is willing to offer those options without any stiff contracts.
Types of Managed Office Spaces
In recent times, work culture has expanded into broad areas and sectors, including real estate, technology, education, healthcare, e-commerce, and so on. These dynamic work environments require managed offices that can easily accommodate hectic business tasks and styles. Consequently, DevX Managed Offices offers you a range of managed office options that have been carefully selected after studying industry norms, positions, and goals that businesses must regularly accomplish.
1. Co-Working Spaces
A Co-working place is an ideal solution for freelancers and start-ups offering managed offices while sharing the basic amenities.
2. Private Managed Offices
They are the rooms assigned for teams that need privacy and it has inclusive fitted rooms with unique features and facilities.
3. Enterprise Supported Solutions
The full-on customized managed offices allow large companies to play around with designs, integrations, and supported features.
How Managed Office Spaces Boost Productivity
Traditional offices are disorganized and constricted making it impossible for the employees to work for long durations. Nonetheless, managed office spaces offer a range of facilities and amenities to transform tedious desk jobs into more effective ones. These enhance worker’s productivity, focus, and engagement which eventually aids organizations in reaching their goals.
Collaboration and Innovation
An open landscape with a shared workspace encourages interaction among members for effective collaboration and innovation.
Work-life balance
Wellness areas, cafeterias, and recreational areas are bound to encourage employee’s work-life balance.
Reduced Downtime
Every amenity is set up with ready-to-use features to minimize workload and time that can lead to a company’s marginal loss.
The Expansion of Managed Offices in India
In recent years, the managed office market in India has grown to phenomenal proportions. Demand for flexible office space in 2023 increased by 77%, according to a report issued by Knight Frank, with Bengaluru, Hyderabad, and Pune leading the way. Furthermore, it is expected to reach ₹1,200 crore by 2025, driven by startups and multinational companies.
Why Indian Corporations Opt for Managed Offices
- Cost – Given that realty prices are touching the roof, managed offices are a relatively cheaper option available.
- Flexibility – The option to scale up or scale down aligned with business needs makes managed offices an attractive solution.
- Global Standards – India has started providing offices according to international standards, and MNCs seem to be relying on it.
How and Where to Find the Right Managed Office Space?
Understanding your company’s requirements and looking into options that fit your preferences based on location and budget is key to selecting the best-managed office space. It’s now simpler than ever to choose the ideal workspace – thanks to Managed Offices which offers customized solutions.
1. Determine Your Needs
- Assessment of the requirements of your team must come first.
- Team size
- Work type (business-related meetings, collaborative work, or private work)
- Amenities required for a wide range of operations.
2. Research Office Space Providers
Look for several Managed office providers in the location chosen. Compare the offerings and review client testimonials.
3. Personal Visit to Shortlisted Spaces
Stop by to explore the space as a representative for assessing aspects such as layout, ambiance, and accessibility.
4. Negotiate Terms with Providers
Negotiate lease terms, price, and customizability accordingly.
5. Make a Decision and Move In
Once you’re satisfied with the Managed offices, sign the agreement and move in seamlessly.
Conclusion – The Future of Managed Offices
The Managed offices are changing the way business operates in India. They provide a rare combination of flexibility, economy, and sophisticated facilities to enjoy preference from companies across the vast majority of sectors. Be it increasing productivity, saving costs, or improving an office space, the future solely relies on your employees and managed offices.
Are you ready to spark your day? Immerse yourself in our customized, Managed office solutions while they incorporate your company growth and progress – https://www.devx.work/solutions/managed-offices
Can you shorten this sentence?
Done
if you are mentioning why businesses are switching then you have to add examples of businesses that switched to managed offices
Done
Wrong marketing targeted here. This are guestposting blogs, so DevX is authorizing it in their own site, this will be published on other domains, we have to write it in a way that we are as a guest marketing DevX through this blogs
Changed
Is this a valid rate? Did you check
Yes