Delhi, being the national capital, has grown to be a hub for carrying out business activities, both for national and multinational companies. The demand for commercial space for setting up offices is obviously going to be high. With rates of commercial properties shooting up at a brisk pace, SMEs and budding entrepreneurs are forced to look for alternatives and Business Centers are proving to be that cost effective solution.
What Are Business Centers
Business Centers are fully furnished offices with all the facilities and amenities that are expected in an office. The distinction about Business Centers is that they are shared by a number of entrepreneurs who work at the same place and share the cost of acquisition. This is a new trend and born out of necessity but quite effective, economical and useful start ups.
Benefits Of Business Centers
As already mentioned, cost effectiveness is the principal advantage of Business Centers. Entrepreneurs that cannot afford swanky offices find a better option in Business Centers at very reasonable charges. The acquisition costs, because of sharing, are reduced that contributes towards maximizing Return-Over-Investment.
Business Centers are set up in the commercial hotspots in the particular city. As such, the entrepreneurs need not make too many efforts to get exposure in the industry. There are better opportunities of building networks as many entrepreneurs work under the same roof and may have mutual interests to serve.
The ambience of the office must give employees the feeling that environment is conducive. This is yet another aspect where Business Centers score. Fully furnished and equipped with all the facilities that are expected in a regular office, Business Centers do give a good feeling.
So, it can be easily concluded that with commercial space crunch and soaring property prices in the national capital, Business Centers present a good opportunity for the emerging entrepreneurs to set up an office within their financial means. What is more encouraging is that the money thus save can be spent on core functions of the business.