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Natasha Mohan, CEO, Worksocial.Natasha Mohan, CEO, Worksocial.
The Future of Work
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min read
9/7/23

Why Coworking at WorkSocial is the Optimal Choice

As we navigate the unfolding landscape of the post-pandemic era, I can’t help but examine the deep chasms that have emerged within the global working community. With the landscape ranging from a return to office spaces in Asia and Europe, to the laissez-faire approach in the Americas, the question stands: What is the best course of action for businesses? Today, I’d like to make the case for choosing a shared office space like WorkSocial over direct rentals from landlords or sticking with a work-from-home setup.

Global Landscape of Remote Work and Return-to-Office Policies

The narrative of return-to-office (RTO) varies drastically across continents. Asian countries, which managed to control COVID-19 effectively in the initial phase, have seen a quicker return to the traditional office environment. Europe offers a mixed bag, with countries like the UK leaning towards remote work and France making a quicker return to the office.

Meanwhile, in the US, the responsibility to manage RTO has fallen largely on individual companies. As a result, companies like Goldman Sachs expect employees in the office five days a week, while others like Amazon and Google have adopted hybrid models.

Financial Impact on Real Estate

According to McKinsey Global Institute, the shifts incited by the pandemic could devalue real estate in major cities by up to $1.3 trillion by 2030. As the leader of a company, renting directly from a landlord could be a risky move, especially if you’re in a city with declining real estate value. Here’s where shared office spaces can serve as a financial cushion.

The Case for Shared Office Space at WorkSocial

Opting for a shared office space at WorkSocial allows your business the flexibility to scale without the burden of long-term commitments. Unlike direct rentals, which often involve complex lease agreements, WorkSocial provides agile solutions that can adapt to your company’s ever-changing needs.

Conference and Meeting Rooms for Rent

In addition to flexible office space, WorkSocial also offers conference and meeting rooms for rent. These professionally designed spaces can cater to your business needs, whether you’re holding a team meeting, client presentation, or even an annual general meeting. Having these facilities within arm’s reach further adds to the convenience and effectiveness of a shared office space.

Working From Home: A Risk to Mental Health?

Although the work-from-home model has been glorified for its flexibility, it’s essential to consider its long-term impacts on employees’ mental health. The lack of social interaction and the blurred lines between work and personal life can lead to burnout and decreased productivity over time.

The Human Factor and the Case for Coworking

WorkSocial fosters a collaborative environment that encourages networking and social interaction, crucial elements often missing in remote work setups. According to research, workers in Europe and Asia value these interactions more than their American counterparts, suggesting that the absence of a communal workspace could have global ramifications on employee well-being.

The Bottom Line

As we venture further into this new normal, where remote work policies and office attendance will continue to fluctuate, a shared office space like WorkSocial provides the optimal combination of flexibility, networking, and well-being.

Deciding where your team should work is not just a logistical decision, but one that affects the financial stability, mental health, and overall productivity of your company. Choose wisely, choose WorkSocial.

Join WorkSocial for Inspired Teamwork in Coworking Spaces New York Metro Area.Join WorkSocial for Inspired Teamwork in Coworking Spaces New York Metro Area.
WorkSocial Now Providing Office Space and Coworking Solutions in New York Metro Area
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min read
8/29/23

Modern and tech-enabled conference rooms available in a variety of configurations

JERSEY CITY, NEW JERSEY, UNITED STATES, August 29, 2023/EINPresswire.com/ -- As global workplace provider WeWork teeters with bankruptcy, office and coworking space provider WorkSocial is filling the breach in northern New Jersey and environs by now offering hourly conference room bookings for networking, sales meetings and strategic planning.

WorkSocial’s shared office spaces offer customized solutions to meet the needs of both large and small businesses. WorkSocial understands that every business is unique with specific requirements. The company specializes in curating a comprehensive range of services and infrastructure to cater to every business’s individual needs. WorkSocial’s flexible coworking spaces provide access to cutting-edge technology, foster collaboration and offer abundant amenities.

“It does not matter if you are a thriving business or an emerging startup, our flexible coworking renting options will help you get the workspace of your dreams without breaking the bank,” said cofounder Natasha Mohan. “Renting options are available daily, weekly, monthly or even yearly.

“We want to help you unleash your team’s potential at our inspiring venues,” Mohan added.

One of WorkSocial’s unique offerings is its coworking spaces of various conference room types available for a day or by the hour, which provide a cost-effective way to connect and collaborate. The spaces can amplify a company’s global presence, while providing access to business-friendly services.

“As stewards of scalable business services, our mission is to provide a world-class business services platform that empowers entrepreneurs to build successful businesses that create opportunities,” Mohan said.

Now in is seventh year of operation, WorkSocial is the only minority-owned and woman-run coworking space in New Jersey. Clients include major brands and Fortune 500 companies.

For more information about WorkSocial and its conference rooms available to rent, or to schedule a tour, visit https://worksocial.works/conference-meeting-rooms-rental/.

About WorkSocial

We are a coworking space in Jersey City and Manhattan that offers shared office space and virtual offices. Our mission is to provide a workspace that supports small business endeavors, community outreach, mentoring and entrepreneurial needs while promoting a well and happy lifestyle that match your individual working needs.

conference room rental, conference for rent jersey city, office space rent, shared office space njconference room rental, conference for rent jersey city, office space rent, shared office space nj
Revolutionizing Enterprise Office Space with WorkSocial: Fintech Company's Success Story
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min read
8/24/23

WorkSocial’s Revolutionizing Enterprise Office Space for Remote Success

Background

In the dynamic landscape of the corporate world, the concept of office space has evolved from mere physical structures to spaces that foster collaboration, innovation, and employee engagement. This particular transformative journey began when a large Fintech company from Israel sought the expertise of our office space solutions team. The company was on the brink of a significant expansion and was looking for office space to accommodate its growing sales team and loan origination team of approximately 10 members.

Roadblocks to Success

The company was no stranger to challenges. Operating as a US-based entity, with the top management team in Israel, the company had already paved the way for a flexible way of doing business. As their growth trajectory surged upward, they realized the importance of a dedicated office space to house their expanding team in the US. This presented a paradox: how could they maintain their flexible approach while also establishing a physical presence that would enhance employee collaboration and engagement?

The Main Challenge

The primary challenge was clear: designing and deploying an office space that not only met the company's space requirements but also aligned with its   of creating a space where creativity and transparency stood out. All the while granting the necessary privacy due to compliance reasons. Since the main headquarters is located in Israel, our team had to conduct all the necessary leg work to bring the Fintech Company the sought-for solution.

WorkSocial’s Solution

Our team worked closely with the Fintech company to develop a tailored solution that catered to their unique needs. We proposed a plan to deploy a private 2,000 sq. ft. office space, strategically designed to accommodate their sales team. The office space was curated to facilitate both individual work and collaborative activities, fostering an environment that bridged the gap between remote work and in-person interactions.

To address the company's need for private and secure access, we implemented state-of-the-art security measures. Access control systems, biometric authentication, and encryption protocols were integrated to ensure that data and resources remained safeguarded.Our Enterprise Coworking Solution also included a wide array of amenities to foster the community aspect and the overall working experience:

  • White Label Free High-Speed Wi-Fi
  • Bespoke Vpn And Firewall
  • Secure Monitored & Reported Access
  • Large Scale Printing
  • Assistance With ISO 9000 Certification
  • Ample Conference Space & Training Room Space
  • Free Drinks & Snacks
  • Designed To Energize
  • Plenty Of Conference Space
  • Shipping & Receiving Services
  • Onsite Notary Public
  • Receptionist Service
  • Clean & Sanitized Surfaces

The Outcome: SucessThe deployment of the tailored office space marked a significant turning point for the Fintech company. As their sales team settled into the new environment, employee engagement and performance soared. The strategically designed workspace fostered a sense of belonging and unity among team members, driving collaboration and innovation between Israel and the US-based team to new heights. The company's expansion was on an accelerated trajectory, and within two years, their impressive growth caught the attention of industry giant Chase.

All of this led to their acquisition by JP Morgan Chase, a testament to Enterprise Coworking Powered by WorkSocial.

Also, we partnered along the way with our Client making sure we were helping them enhance organizational performance and employee satisfaction throughout the process.

“WorkSocial wasn't just an office space for this Fintech Company; it was the cornerstone of our growth story. It provided us with the competitive edge we needed to not only lead negotiations but also elevate our team's morale and engagement. The exceptional services, like the receptionist assistance and onsite notary services, truly showcased WorkSocial's commitment to going beyond the ordinary.” - C-Level Executive from the company.

Learn more

Learn all the benefits and efficiency that a private co-working space can bring to your company. Bring the future of work into your present… Now!

Premium Office Spaces in Jersey City for Productivity and Comfort
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min read
8/21/23

A premium office space with world-class amenities can spruce up the working environment and improve the productivity of the company. It can fill your team with a burst of creativity and new ideas as you sit with them for a brainstorming session in a workspace harmonious space. You can sip your morning coffee against a backdrop of stunning city views at the best office spaces in Jersey City and feel powerful in its efficient surroundings. These stunning spaces allow you to stay calm and add a turbo boost to your focus.

We all are aware that crushing deadlines can be overwhelming, but a premium office space will act as your support amongst the chaos. Allow your brain cells to do a happy dance and give your back a friendly hug in the lush chairs of the best office spaces in Jersey City. An exclusive and high-class workspace will create a routine for you. In today’s day and age, stress can take a toll on your mental and physical health; therefore, having an office space that caters to both your professional needs and personal well-being is essential.

Let us study the benefits of premium office spaces in detail.

Benefits of Premium Office Space

Working in premium office spaces can be bliss if you avail of the benefits. Some of the major advantages are as mentioned below:

A. Enhanced Productivity

1. State-of-the-art technology and equipment

Online presence of businesses has increased tenfold in the last few years. This requires access to high-speed internet, AVV equipment and screen share technology which is available at premium office spaces.

2. Thoughtful layout and design for efficient workflow

A well-constructed office can foster better productivity levels across the team. This leads to effective communication, and reduces chances of work anxiety and excessive stress.

B. Comfort and Well-being1. Ergonomic furniture and amenities

The spaces are constructed to be conducive to productivity. Thus, natural lighting, ergonomic furniture, modular workstations and several other amenities are a major part of the shared office.

2. Access to natural light and green spaces

As per a recent survey, green space exposure can prevent or mitigate stress, anxiety, and depression. It also enhances the office brightness and creates a welcoming environment for the team as well as the clients.

Top Features Of A Premium Office Space

The premium spaces for work should be enabled with high-end amenities and features:

A. Modern Amenities

1. High-speed internet and advanced connectivity options

Office spaces in New Jersey are equipped with high-speed internet and advanced connectivity options. Whether you run a tech-enabled agency or a D2C startup, you need modern amenities to run your business effectively.

B. Flexible Workspaces

1. Private offices, co-working areas, and meeting rooms

Flexi space or shared office spaces come with several creative desk layouts that include non-fixed desks, meeting rooms or private cabins. Meeting rooms equipped with the latest technology facilitate productive discussions and presentations.

2. Customizable layouts to suit different business needs

Whatever the size of your team or the nature of your business, premium work spaces are always there to support you. The customizable layouts add multiple benefits to the space that you’ve rented.

C. Location and Accessibility

1. Proximity to transportation hubs, restaurants, and other conveniences

Be it an office party or going offline with your team, the convenience of the location will provide you easy access to restaurants, transportation hubs and other conveniences.

2. Easy access to major highways and public transportation

Since these spaces are located in a central region or somewhere close to major highways and public transportation, it is very comforting for team members scattered across the city.If you are looking for the best office space in Jersey City, then WorkSocial is the right choice for you:

About WorkSocial

WorkSocial is a coworking space in Jersey City and Manhattan that offers comfortable and premium office spaces and virtual offices. We aim to provide a workspace that promotes the entrepreneurial spirit and supports small businesses, communities and mentors budding startups.

Our range of services include private office space, coworking space, conference rooms, corporate training venue, virtual office and amazon storefront. We build work cultures that enhance productivity, foster collaboration, and offer abundant amenities.

Considerations for Choosing the Right Space

Now that you know everything about the benefits of premium work spaces, let us now discuss how to choose the right one for you.

A. Budget considerations

Before getting too excited about your workspace, it is important to consider your budget. Many workspaces in Jersey City offer reasonable packages for big and small teams.

B. Required amenities and services

While managing an office can be a tough task, the best work spaces provide high-end amenities and services that you may need to reach organizational goals or complete a project.

C. Flexibility of lease terms

Well, nobody likes a strict landlord and that’s why the concept of work spaces make complete sense for those who prefer flexibility in terms and conditions of the lease.

Conclusion

Both individuals and companies alike can enjoy the amenities and services offered by premium office spaces. Whether you are looking for a private cabin, conference room, meeting space or corporate event venue, WorkSocial will offer you the best office spaces in Jersey City and Manhattan.

We encourage collaboration and business growth by hosting a bunch of companies under one roof. Apart from the well-constructed private cabins and open spaces for better productivity, team members also get access to facilities such as high speed wi-fi, unlimited tea & coffee, and a productive environment.

Hotdesking setup in a modern coworking space, with desks, chairs, and workspace essentials ready for flexible use.Hotdesking setup in a modern coworking space, with desks, chairs, and workspace essentials ready for flexible use.
Benefits of Hot Desking in Coworking Spaces
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min read
8/9/23

Understand The Benefits Of Hot Desking Solutions To Improve Flexibility And Productivity

Hot desking is not a new concept but it is now becoming more mainstream with even larger corporations adopting this practice. Most members or member companies of coworking spaces are already using a hot desk work environment and aware of the benefits but there are still a few who are on the fence. If you are looking to implement a hot desk system or are wondering if hot desk coworking is right for you, we help you find the answers.

What is Hot Desking

Hot desking is a form of workplace sharing wherein you do not have a specific desk but rather book and use a free one for that day only. The next day, a new desk, new people. Typically, you would use some booking software to reserve a desk for yourself before the start of the workday. A hot desk system is mainly implemented to conserve space, reduce costs and encourage communication.If you are looking to implement this system in your office here’s a ready checklist:

  • Easy access to power outlets
  • Access to printing and other office facilities
  • Ability to store minimal personal items
  • Internet connectivity available at the workstation
  • Private spaces or meeting rooms for calls, confidential or group meetings

Hot Desk in Coworking Spaces

A traditional office will typically have to change its layout and design as well as onboard new technology or software to effectively implement a hot desk system. On the other hand, coworking spaces have always been at the forefront of new work environments designed for a diverse crowd with varied requirements. And this remains true even in the case of hot desking. Coworking spaces by their very nature and set-up are designed to facilitate a hot desk system.

Here’s how hot desking works in a coworking space:

Subscription

Members or employees of member companies are issued a monthly or daily pass allowing them access to the coworking area and its amenities. This pass also acts as an ID badge.

Booking System

A coworking space will offer a robust booking system allowing its users to book a desk in advance for the day. This reduces hassles, stress and last-minute runarounds for all concerned.

Access to Amenities

In a coworking space, you always have access to amenities like power outlets, printers, high-speed internet, teleconferencing facilities and many more, all designed to ensure a seamless workday and improve productivity.

Access to Facilities

Coworking spaces also provide access to facilities like dedicated meeting rooms, conference rooms, and training rooms, all equipped with the latest and the required technology

Private Space When Required

During your course of work, you would have to attend certain calls or meetings that would require a temporary private office. As a member of the coworking space, you can utilize its private offices for client or internal meetings, confidential calls etc.

Flexible Working Hours

Typically, coworking spaces are operational well beyond normal office hours. This allows you to use the hot desk at your convenience and on your schedule.

Networking and Other Events

As a member of a coworking space, you can always attend a networking or a mixer event organized by the coworking space operator. Coupled with hot desking, this ensures that you can maximize networking opportunities and reap its benefits.

Benefits of Hot Desking

More Affordable

Simple economies of scale make hot desking a more cost-effective option - whether you are a freelancer or entrepreneur, a small or large-sized business. If you are a solopreneur or managing a small team, a coworking space is much more affordable compared to long-term office leases. On top of that, a hot desk system is even more cost-efficient compared to any other system within a coworking space.

Improved Collaboration and Networking

If you regularly work on cross-functional teams, hot desking is ideal for you as you can choose to sit with a different team as per project requirements. Even if you are an entrepreneur, hot desking allows you to easily interact with an expert from another discipline or company enhancing your knowledge and expertise.

Uncluttered Desks

Since you are technically sharing the desk with multiple other people over the days, you have to keep the desk clean. This means you also get a clean desk every time. And a clean desk has been proven to improve productivity and focus.

Accommodates Temporary Staff

If you have to bring additional resources onboard for a short duration, a hot desk system can easily manage the sudden influx of team members without disrupting your existing system.

But Are Hot Desking Solutions Right For You?

There are numerous benefits of a hot desk system but it may not be suitable for everyone. Especially, if you have any of the following requirements:

Need to Store Sensitive Files

If your profession calls for physical storage of sensitive information, you cannot use a hot desk since you are sharing the desk which possesses a security risk and you have minimal storage capacity.

Frequent Long Calls or Meetings

In a hot desk system, you are discouraged to undertake long calls or meetings from your desk and instead book a meeting room to attend these calls. If you are in a role that requires frequent calls, then a private office space might be more suitable for you than a hot desk.

Large Equipment Setups

If you are a product designer, engineer or from any role that requires large pieces of equipment at the desk to execute your role then a hot desk will not work for you.

Personalization

Every individual is different and some need to make a space their own to be more productive. While this can be achieved with a dedicated workstation, a hot desk does facilitate this level of personalization.

Working in Specific Large Teams

If you have to work with a specific team and if the team size is sizeable, a hot desk will not be very convenient and may in fact be counter-productive.

Trusted by major brands and Fortune 500 companies, WorkSocial offers top-notch conference spaces in Jersey City.Trusted by major brands and Fortune 500 companies, WorkSocial offers top-notch conference spaces in Jersey City.
Revolutionizing Meeting Spaces: Unveiling Our Upgraded Conference and Training Rooms in Jersey City, NJ
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min read
8/7/23

WorkSocial announces the launch of upgraded conference and training rooms in Jersey City, NJ. Equipped with high-tech facilities, these rooms promote productivity and creativity. Experience a new era of meaningful meetings and transformative training sessions at WorkSocial.

Jersey City, NJ (1888PressRelease) August 07, 2023 - Envision a meeting room that stimulates productivity, kindles creativity, and propels collaboration. Today, we're excited to reveal that WorkSocial is redefining your workspace experience by launching our enhanced conference and training rooms in Jersey City, NJ.

When you enter our modernized conference rooms

(https://worksocial.works/conference-meeting-rooms-rental/), you'll instantly sense the transformation. The environment is designed to ignite innovation with contemporary design elements and expansive layouts that promote open communication and teamwork. Our high-tech audio-visual systems, ultra-fast Wi-Fi, and digital projectors are at your disposal, ensuring flawless presentations.

Recognizing that every business meeting or training session has its unique demands, we've customized our conference rooms to be adaptable. Whether you're conducting a brainstorming session, a large-scale seminar, or a private coaching discussion, our spaces can be configured to the perfect layout.

Next, allow us to guide you to our updated training rooms (https://worksocial.works/training-room-new-jersey/). These rooms are crafted with an emphasis on education and development. They come loaded with state-of-the-art technology that simplifies digital learning, video conferencing, and live demonstrations. Comfy furniture, adaptable lighting, and soundproof walls produce an environment ideal for concentration and participation.

However, the enhancements aren't merely about physical space and technology. WorkSocial is revolutionizing the idea of meeting and training spaces by offering comprehensive service. From catering for extended conferences to administrative support during your training, we have all your requirements covered.

Our central location in Jersey City, NJ, adds to the allure of our upgraded facilities. With easy access to public transportation, generous parking, and an abundance of nearby amenities like restaurants and cafes, it's the perfect place for your meetings or training sessions. Moreover, the breathtaking views of the Manhattan skyline from our rooms will surely impress your clientele and inspire your team.

We extend an invitation for you to come and witness the transformation firsthand. Take a tour of our upgraded conference and training rooms and observe how WorkSocial is driving the evolution of corporate meetings and training sessions. Elevate your business communication, ideation sessions, and training programs with our customized, technologically advanced spaces.

Join us on this journey to morph meeting spaces into something far more than a room with a table. Let's make each meeting significant, every training session worthwhile, and create an ambiance where ideas flourish and businesses soar. Welcome to the new era of meeting and training rooms at WorkSocial.

For more information or to schedule a tour of the new facilities, please visit www.worksocial.works or contact our team at info ( @ ) worksocial dot works dot

WorkSocial – Reinventing workspaces.

About WorkSocial:

WorkSocial creates inspiring workspaces, meeting rooms, and training facilities that foster creativity, collaboration, and growth. Our goal is to revolutionize how people meet, collaborate, and prosper in a professional setting. Centrally located in Jersey City, NJ, WorkSocial offers comprehensive services to cater to your business needs.

Hot desk for Rent in CaliforniaHot desk for Rent in California
Who Uses Coworking Spaces: How Every Business Can Benefit From It
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min read
8/2/23

Affordable, convenient, and flexible. Coworking spaces are the new work setting that serves both solo working individuals and large-scale businesses.

To leave work at work is easier when you have a separate working space. But this is a challenge most freelancers, solo entrepreneurs, and remote workers face. Even if you have a home office, the appeal of working from the comfort of your bed or taking more frequent breaks than needed is always there.

Traditional office settings, on the other hand, are too rigid and monotonous to allow your creativity to flow freely. There are also the expenses of renting the whole space plus the added cost of insurance, maintenance, and reinstatement.

Coworking spaces allow for a professional space shared by a diverse group. It gives you a professional and driven working environment without the rigidity of a traditional office.

But who uses coworking spaces? Can you opt for it if you work individually? Is it a good idea to share the workspace if you have a large-scale business? What if you do not have a regular working schedule? Why use a coworking space?

Read on to get a detailed account of who can use a coworking space and how it benefits them.

Who Uses Coworking Spaces?

Coworking spaces have become popular during the past decade. It is a continuously progressing sector in real estate. And one of the main reasons for this increasing preference is the flexibility of this work setting.

The following categories can benefit the most from a coworking space.

Freelancers

Most freelancers have a work-from-home routine. The flexibility of the working space and hours is a luxury until you consider the associated disadvantages. When working from home or on the move, getting distracted is a common occurrence. And it is all too easy to let your time and working hours flow into one.

In a coworking space, you get a professional environment with all the necessary amenities including high-speed internet and break rooms. You can focus on your work here without any distractions or the isolation that often comes from working alone. It allows you to get some personal time and manage your work hours effectively, all at an affordable price. Moreover, the diversity of a coworking space helps in networking and opens up the scope of new work opportunities and collaborations.

Independent Entrepreneurs

Independent entrepreneurs, often called solopreneurs, have a similar working arrangement as freelancers. While they may not have to regularly work from home or a coffee shop, isolation, and frequent distractions are a part of it.

A place where you can center, record, and manage all your work can make things infinitely convenient. In a coworking space, you can rent a single office and get the added benefits of high-speed internet, work equipment, and even spaces to conduct meetings. The diverse office setting may also allow for business collaborations and spark innovation.

Remote Workers

Coworking spaces help remote workers to work in a professional environment to maintain flow and regularity. It prevents you from bringing your work into personal hours while also allowing flexibility and social and professional interactions.

Startups

Affordability is one of the features that makes coworking spaces suitable for startups. It acts as a common space for all the team members to come together and brainstorm ideas while also providing a relaxed but professional work environment.

In a coworking space, you only have to pay the rent for the space you use. Other necessities of a functional office like internet connection, break rooms, and conference rooms are all a part of the package. This way, you do not have to spend extra money on office prerequisites and can invest that money in your work.

Small-scale Businesses

The flexibility of coworking spaces attracts a lot of small-scale businesses. You can always scale up or scale down without worrying about binding leases and long-term commitments. Moreover, it provides a common ground for your team to work together minus the rigidity of traditional office settings. With a coworking space, you also get a professional mailing address, conference rooms, and office equipment that make your work setup highly professional while also being affordable.

Large-scale Businesses

Lately, even big businesses are drifting toward coworking spaces. Having an affordable temporary headquarter while you are expanding your business in a new location is undeniably convenient. But even in permanent offices, having some diversity and a relaxed working environment while maintaining professionalism sparks creativity as well as dedication. Employees are exposed to a variety of work cultures which prevents the monotony that often accompanies traditional office setups.

Along with this, coworking spaces are a cost-effective way of managing multiple branches in separate locations.

Why Use A Coworking Space?

Coworking spaces have become increasingly popular and preferable by individuals and multinational companies alike. And the preference is justified considering the array of benefits offered by this work setup.

Affordability, flexibility, and the availability of the necessary professional amenities favor businesses with small budgets. And the diverse setup allows for interactions between people from different work sectors and sparks innovation, creativity, and collaboration opportunities.

So now that you know who uses coworking spaces and what are the associated benefits, would you consider switching to a coworking space?

Team members engaged in a stand-up meeting in a coworking space, discussing daily tasks and updates in a collaborative setting.Team members engaged in a stand-up meeting in a coworking space, discussing daily tasks and updates in a collaborative setting.
How to Conduct Effective Stand-up Meetings
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min read
7/26/23

Learn how to conduct efficient stand up meetings and improve your team’s productivity and ability to achieve goalsHere are some facts for you:

  • Around 83% of employees will spend up to 33% of their workweek in meetings
  • The average employee spends at least 3 hours a week in meetings
  • 30% of workers report that they spend over 5 hours per week in meetings.
  • Organizations spend around 15% of their time in meetings but 71% of those meetings are unproductive

If you identify with any of the above statistics, you may want to consider shifting to a stand-up meeting framework to enable your team to be more productive.

What is a Stand-Up Meeting

Stand up meetings are part of the agile productivity framework and process. These are regular meetings, help to track progress, understand or uncover challenges and facilitate cross-functional collaboration wherever required. Although initially popularized as part of the software development process, today they are embraced by every industry and function.

Tips For Effective Stand-up Meetings

1. Decide Your Frequency

A stand-up meeting can be daily, twice a week or weekly. You have to decide what’s best for you. This depends on the criticality of the project or your team’s part in the project, the deadlines etc.

2. Follow KISS

The golden rule of a good stand-up meeting is to Keep It Short and Simple. By nature, these meetings are meant to be quick and to the point. Ideally, these meetings should be at most 15 mins. These are meant to be high-level discussions, if you need to go into a detailed discussion, schedule a separate time for that. Yes, depending on the team size, your meeting may be longer. In this case, you can set a timer for each speaker, designate someone to be the timekeeper and ensure that everyone has equal time to speak.

3. Set a Clear and Concise Agenda

To encourage a quick meeting, set a clear purpose for the stand-up meeting. The agenda should typically cover

  • What did the team members do till today?
  • What will the team member do till the next meeting?
  • Are they or will they be facing any challenges?

4. Set a Consistent Schedule

As with most productivity tools, consistency is key. These meetings should happen at the same time every day and take priority over other meetings. A pre-set time will also help all required members plan their schedules. Having these meetings first thing in the day is ideal but it also depends upon your team composition, availability etc. Conducting a meeting in a meeting or conference room equipped with the right telecommunication facilities is always a good idea, especially if you have remote team members.

5. Encourage Participation

For this meeting to be effective, you have to ensure that every single member participates. This will ensure that every individual is aware of the larger goal, is aligned with the team and everyone is able to work smoothly and efficiently.

6.Use a Whiteboard or Other Visual Aid

Visualizing tasks and progress on a whiteboard helps the team members understand the issue quickly. Write the agenda on the board at the start of the meeting and keep referring to it to ensure the meeting does not go off-track. Create a flow chart between the deliverables → timelines → challenges. As you keep noting these down, you will identify the next steps to be taken to ensure deliverables and timelines are met. Also, write unrelated topics on a whiteboard and invite team members who are interested in them to stay after the meeting for additional discussion.

7. Note the Blockers and Problems

An important task the team leader has to perform is to keep the meeting on track. Typically, when people start discussing challenges, it’s natural to start discussing solutions which can turn into a long discussion of its own. Such discussions require their own separate meetings. Have someone make a note of the challenges and problems any team member is facing in completing their tasks. But don’t address them during the meeting - set a time during the meeting and solve it that day itself.

8. Encourage Open Communication

Create a congenial environment that encourages members to communicate freely and openly about their tasks, goals and challenges.

9. Take Notes

Designate someone to note the minutes of the meeting to be distributed post-meeting to every team member. This will also help the members who were unable to attend keep abreast of the going on. Also, ideally, this should be someone besides the meeting leader, so the leader can focus on keeping the meeting running smoothly.1

0. Distribute Next Steps

This can cover any follow-up meetings, what resources are required for effective solutions and what needs to be done. Documenting and disseminating this ensures that everyone knows what is to be done, everyone is on the page and is moving on the same path towards the same goal.

11. End on a Positive Note

Since this will typically be the first meeting of the day, it can also set the tone for the rest of the day. Hence it is imperative to end this meeting on a positive note. Celebrate successes, recognize achievements, and show appreciation for everyone's efforts.

How Coworking Spaces Help

Coworking spaces provide an environment conducive to improving productivity across the spectrum and this includes making your meetings more productive. Here are some ways a coworking space will make your stand-up meetings more productive:

Collaborative environment

Coworking spaces are intentionally designed to create an interactive environment. Further, you can also customize the space according to your own needs. This environment sets the tone for cohesive teamwork.

Dedicated Meeting Rooms with Amenities

Coworking spaces offer specific designated areas for conducting meetings. You also have the flexibility to choose the size of the meeting room based on your team size as well to customize the meeting room based on your preferences. This ensures that everybody in the room is comfortable and the room itself does not feel constrained or over-bearing. Meeting rooms in coworking spaces also come equipped with all the amenities required to conduct an effective stand-up meeting. You get access to physical or digital whiteboard, telecommuting technology, high speed internet and much more.

Check our coworking spaces and meeting rooms and let us help you make your team more productive.

Unlocking Success: The Power of Networking for Entrepreneurs
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min read
7/14/23

The importance of networking is an open secret in the corporate, startup, and general professional world. In the entrepreneurial world, networking in entrepreneurship has been found to have contributed as much as 78% of total efforts towards success.

Leveraging Coworking Spaces for Entrepreneur Networking

According to LinkedIn, 79% of professionals agree that networking is valuable for career progression, yet only 48% consistently keep in touch with their network. The same study also states about 38% of professionals find it challenging to stay in touch with their network.

Coworking spaces are great places to network and even enable you to stay in touch. These vibrant work environments provide a fertile ground for forging connections, collaborating with like-minded individuals, and unlocking new opportunities. Entrepreneurs have formed valuable business partnerships, acquired new clients, and gained access to essential resources for growth through coworking spaces. A not-so-small secret behind why networking in coworking spaces is usually more successful is the common mindset of everyone present. You are networking with entrepreneurs, meaning they all are eager for growth, knowledgable, possess diverse skill sets and are eager to share.

For networking to be successful, it requires regular effort and consistency and a coworking space is designed to provide you with a structure to overcome these hurdles and foster stronger connections. It provides daily opportunities for casual interactions, at somebody’s desk, in the breakout area or one of several shared spaces. Open floor plans, shared common areas, and communal spaces provide natural opportunities for entrepreneurs to connect, engage in meaningful conversations, and build professional relationships.

Coworking spaces also offer structured programs for networking for entrepreneurs through various events. These spaces organize dedicated networking events, workshops, informal social gatherings and many more to create platforms for entrepreneurs to network effectively and showcase their expertise, exchange insights, and form valuable partnerships.

Practical tips and techniques for entrepreneurs for effective networking

1. Set clear networking goals:

Just like you create a clear business plan for your venture, have a clear plan of action and goals to be achieved through networking. This is even more crucial when attending formal or organized networking events. This allows you to channel your efforts on the right path and make intentional connections that align with your objectives. These goals can include finding potential clients, partners, mentors or even investors.

2. Research potential connections:

You can check the coworking space member directory or guest list for an event and identify who you want to connect with to achieve your goal. By doing your research, you can engage in interesting conversations, offer them something in return and form powerful connections. Remember, seek to give in the beginning rather than asking. If you can gain an understanding of what they need, it will be easier to form a connection.

3. Craft your personal brand:

If you can achieve this, you will stand out from the crowd and people will want to network with you rather than you approaching them. This involves crafting a powerful elevator pitch, highlighting your unique value proposition and the problem you solve for your target audience. Showcase your expertise, experience and ability in this pitch. Along with this, remember to listen to the other person. You may just find a ready client or uncover a potential new use case.

4. Active listening is key:

This is the most crucial and underplayed tactic in effective networking for entrepreneurs. Do you like to be asked about your venture, expertise and given a chance to shine? Well, so does everybody else. Don’t seek to hog the limelight, give equal opportunity to others to shine. Ask thoughtful questions, show curiosity about their work, and actively listen to their responses. This not only helps you build stronger connections but also allows you to learn from their experiences and insights.

5. Be genuine and authentic:

When networking with entrepreneurs, remember, they too, just like you, can spot a hustler from a mile away. You don’t want to fake it with this crowd. Be authentic and you will be appreciated. Not every conversation will lead to something but a genuine connection can become a million dollar opportunity in the future.

6. After-sales (follow-up) is just as crucial:

Just like in a sales process, follow-up is crucial in entrepreneurial networking too. And in a timely manner. Send a personalized message expressing your interest in continuing the conversation or exploring potential collaboration. This ensures that you are not forgotten and is a good step in fostering a mutually beneficial relationship.

Networking If You Are Reserved, Shy or Introvert

1. Start with Small Steps:

Begin by challenging yourself to approach one or two individuals at each networking event. Start with people who seem approachable or those who are standing alone. Gradually increase your comfort level by expanding your interactions over time.

2. Find Common Ground:

Look for common interests, shared experiences, or topics related to the event or industry. Use these as conversation starters to break the ice and establish a connection. It could be as simple as discussing the event itself, asking about their business or background, or seeking their opinion on a relevant industry topic.

3. Practice Active Listening:

Don’t think about what’s worrying you, focus on the other person and listen to them. Let your curiosity get the better of you and get in the zone of absorbing knowledge. You are no longer having a conversation but merely listening to them. This should help alleviate the pressure on you.

4. Attend Smaller Group Activities:

Talk to the organizers to understand the potential number of attendees for an event. Register for one that falls in your comfort zone. This can include limited seats workshops, round table sessions etc.

5. Volunteer in Activities:

Search for volunteer-required events where people have not come with a single-minded focus of networking but rather getting a task done. Networking is incidental and more organic in such a setting. This is most akin to a regular day in the office where you are interacting with other people for work and using that as a base to build relationships.

You don’t have to be the most outspoken or outgoing person to network effectively. You simply have to be genuine, bring your value-add to the table or conversation and understand a mutually beneficial goal. Remember, it's not about quantity but the quality of your network.

Remember, successful networking is not about being the most outgoing person in the room but rather about building meaningful connections. Focus on building rapport, finding common ground, and being genuinely interested in others. With practice and patience, you can overcome your initial hesitation and become more comfortable and successful in networking situations

We Work for Rent in NYWe Work for Rent in NY
Unlocking Efficiency and Flexibility- The Benefits of Virtual Office
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min read
6/29/23

Exploring the Advantages of Virtual Offices for Freelancers, Employees, Startups and Entrepreneurs

A virtual office offers numerous advantages like enhanced flexibility, higher efficiency, increased productivity and many more. Employees, remote workers, contractors, and freelancers enjoy the freedom of working resulting in increased productivity. According to a study by Stanford University, working from home has increased the productivity of employees by 13% as the number of calls per minute increases owing to quiet work environments. A similar study cites that 70% of people prefer hybrid meetings and working from home. Studies have also shown that since virtual offices cut the time spent on commutes and breaks, employee efficiency has also increased tremendously.

On the business side, you gain the benefit of lower costs and the ability to transcend physical boundaries. By reducing office space and its related overhead, firms could be saving an average of $11,000 per half-time telecommuter every year. Untethered by physical constraints, a virtual office allows you to target new customer segments and explore untapped markets. You can easily establish your presence across markets and geographies and also hire a team with knowledge of the local customs, traditions and business values. This adaptability enhances the ability to connect with customers on a personal level, presenting new growth opportunities. By reducing risks and overhead costs, virtual offices expedite expansion strategies, accelerating business growth and success.

Overall, flexibility is an overarching benefit of a virtual office. You have the freedom to work from anywhere, allowing you to work from home or even travel while you work. Freelancers, entrepreneurs and employees are not tied to a specific physical location and can work remotely. This flexibility enhances your work-life balance in turn improving productivity.

Virtual Office Benefits for Freelancers, Entrepreneurs, Businesses and Employees

Enhances Credibility and Brand Image

A virtual office address improves your professional image by creating a professional physical address without any of the pitfalls of a traditional office. Your business gains more visibility, and credibility and gives the appearance of a physical location. You can even receive official documents like invoices, work contracts etc. at this address and they will be forwarded to your actual location. This also helps in building authority and personality in your chosen field.

Global Reach

The most significant aspect of the flexibility offered by a virtual office is the ability to establish your presence in any part of the world without incurring heavy costs. This is especially beneficial if you are targeting a foreign location or already have clients in another country. By having a virtual office with a local address and phone number, freelancers can expand their reach and tap into new markets, enhancing their business opportunities. But do a quick read on tax implications!

Reduced Commuting

According to research, the average one-way commute for Americans is 27.6 minutes. You can say goodbye to wasting this time and instead spend those hours productively. This not only reduces commuting costs but also contributes to a more sustainable and eco-friendly work arrangement.

Increased Productivity

Virtual offices often provide employees with the tools and technology necessary to work efficiently. They can access company systems, collaborate with colleagues through virtual communication platforms, and utilize project management tools. Additionally, employees have the flexibility to create a workspace that suits their preferences, resulting in improved focus, reduced distractions, and increased productivity.

Access to Essential Tools and Technology

You, as a freelancer or entrepreneur, require certain tools and technologies to perform your work effectively and efficiently. But subscribing or purchasing these tools on your own can prove to be costly. A virtual office, on the other hand, provides you with access to essential tools like communication platforms, project management software, cloud storage, and collaboration tools. These resources help streamline your workflow and easily communicate with clients, manage projects, and share files.

Reduced costs

Real estate prices are always on the rise and leases/ rents are one of the highest cost lines in your P&L. Then you also have your overhead costs like utilities, maintenance, housekeeping etc. Comparatively, virtual offices incur almost no cost since there is no physical location, only a digital one. All are unnecessary costs if you do not require a dedicated workspace on a daily basis. Virtual offices offer a cost-effective solution by eliminating the need for long-term lease agreements, furniture, utilities, and maintenance expenses. You can access the benefits of a professional office without the high costs associated with traditional office spaces.

Privacy

A virtual office can help you protect your personal privacy by providing you with a professional address and phone number. You get access to a phone number, fax service, voicemail boxes, and even a virtual voice to handle calls without the need for a receptionist. Since you also have a virtual office address and you are provided with a mail handling and forwarding service, you do not have to disclose your personal details to anyone. Virtual offices also sign NDA’s (non-disclosure agreements) ensuring that the virtual office staff and service providers maintain strict confidentiality regarding your work, client information, and any sensitive business details.

Additional Services like IT support, meeting rooms and more

In the remote working world, access to IT support, virtual meeting and conference rooms are a must. Virtual offices offer these facilities as part of their package complete with a secure environment for discussing confidential matters, sharing sensitive information, and conducting business discussions. You also get access to other support services, such as mail forwarding, receptionist services, call screening and forwarding.

Secure Data Storage, Backup and Communication

Another key infrastructure support is access to secure cloud storage. These storage solutions employ encryption and other security measures to ensure the privacy and protection of sensitive data. You also get encrypted email services and secure messaging platforms for additional security.

Networking and Professional Development Opportunities

Networking is an integral part of your professional development, be it career advancement through a new job or building contacts for business development. Virtual office providers offer networking events, workshops, and online communities for you to connect with like-minded professionals to broaden your network, get access to learning opportunities, and foster professional growth.

Reduced distractions

Working from home can be isolating and distracting, which can lead to decreased productivity. A virtual office can provide you with a more productive workspace and give you the opportunity to network with other entrepreneurs.

To Sum Up…

Reduced commute, flexibility to work from a place of your choice, and choosing your environment, all contribute to a much improved work-life balance. 72% of workers believe work-life balance is a critical factor when choosing a job, and 57% of job-seekers say a poor work-life balance is a dealbreaker when they’re considering a new job. Through virtual offices, you get more control over your work-life balance since you can manage your schedules, work hours and locations. This results in a productivity boost beneficial for all stakeholders - clients, businesses and yourself. Overall, virtual offices offer a plethora of benefits whether you are a business, entrepreneur, freelancer or employee without any downsides.

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