10 Ways Co working franchises are scripting success .pdf
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10 Ways How Co-working franchises
are scripting success stories!
Co-working spaces are catching the trends and have become
favorites of the booming entrepreneurs. Oﬀering ﬂexible/ﬁxed seats, private
cabins, and attractive meeting rooms, there are many co-working franchises
emerging in India which extend
unlimited opportunities to start-ups to learn,
explore and collaborate.
Let’s read about these top 10 benefits of Co-working
It builds a networking platform: Co-working franchise oﬀers a platform for
diverse community members to interact, network and share ideas at a regular
frequency at diverse events and seminars.
Co-working franchises ensure growth and development: They promise fun
and diversity. While in normal oﬃces, the employees are often restricted to
communicate with people from diverse ﬁelds, the co-working franchises, on
the other hand, allow one to network with diﬀerent professionals and learn
new work tactics thereby helping ones to grow and develop.
Co-working franchises help to mint money: Co-working franchises have been
making money, for themselves, as well as for their tenants/ leaseholders. They
are reaching a breakeven quickly as India witnesses a co-working boom. The
quantum of proﬁtability for co-working franchise depends on the network the
founder or space’s owner shares in the ecosystem. Co-working franchise
makes a quick break-even if the occupancy at the space is better.
Co-working franchises help in community building: The concept of coming up
with co-working franchise helps in developing a community which consists of
like-minded people. They network together in the co-working space and
come with a stream of professions which include start-ups, designers, SMEs,
bloggers, app developers, PR professionals etc.
Co-working franchise creates value for entrepreneurs: Co-working franchise,
not just promises a physical space, but also creates value by driving through
the community which exists in a particular space.
Co-working franchises can spell enormous proﬁt: Co-working franchise can
become proﬁtable once it has the preferable location, strong accessibility in
terms of public transport and adequate size which can deﬁne its seating
capacity, expenses, and other such factors
Facilities promised: Co-working franchise promises unlimited promises for its
co-workers which include internet, power backup, kitchen, tea/coﬀee availability etc.
A revenue generation tool: Co-working franchises have the potential of generating revenue from diverse avenues. It can generate revenue from certain
memberships, virtual oﬃces, ticket sales etc.
Connecting remains the basic aim: Almost all co-working franchises have
emerged as a platform where people can get the best value for the ecosystem. In this endeavor, it helps start-ups connect with investors.
You can get the co-space booked for ﬂexible tenure: Co-working franchises
lease custom-sized multi-location workspaces for a certain lease tenure which
might range from an hour to 1 year (or more). Promising vast opportunities to
network, these co-working franchises can be a right location for your start-up
as it can be hired with ﬂexible terms.
With industries maturing and more number of start-ups coming up, the
beneﬁts of co-working franchises are being counted in big numbers and they
are also being recognized across the country.
With the word of mouth spreading around and people accepting the beneﬁts
of co-working franchise, the next era will deﬁnitely be branded as the