An office address makes a company look professional but setting up a full-fledged office can make a dent in your financial resources. Running an office also takes a lot of effort. Thus, it isn’t surprising to note that the number of offices has not risen as much as the number of small companies in India. For small companies, start-up entrepreneurs and freelancers, Plug and Play offices are a beneficial solution these days.

What are Plug and Play Offices?

Plug and Play offices are virtual offices that give you the same benefits of a traditional office without having to spend a fortune. As the name suggests, these offices are ones where you can literally plug in your laptops and get to work. Many coworking and shared office spaces in Gurgaon offer plug and play facility to their members. The benefits of these spaces are limitless but for now, let’s take a look at some of the key benefits.

Top 7 Advantages of Plug and Play Office Space

• Set Up Your Office Easily

Plug and Play offices allow you to start working as soon as you find a space that appeals to you. Unlike regular offices, you don’t need to worry about furnishing the space, getting it painted, etc. All you need to do is give your team the new address and plug your systems in.

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• Stay Flexible

Unlike rented offices where you have to invest a full month’s rent and give at least a month’s notice before moving, you can choose to pay for the cabins and workspaces you use on the basis of how long you actually need them. There are no brokerage fees either. The absence of long-winded contracts means that you can change your package as and when needed.

• Simplify Your Expenses

With a Plug and Play office, administrative support like electricity, high-speed internet, office maintenance etc. are not something you need to worry about. You also don’t need to worry about investing in coffee machines, printers, telephones, air conditioners etc. These are facilities that come with such coworking spaces and can be used whenever you need.

• Build Your Network

In a traditional office set up, though many companies may have offices in the same building, you rarely get a chance to interact with others. Plug and Play offices break down these barriers. Here, multiple brands and companies share the same office space and its facilities. Thus, there’s a higher chance of meeting people from outside your company over the printer or coffee machine. This could help you get new leads and may even play a role in designing your business strategies.

• Get Support Easily

Power cuts and internet issues are amongst the most common administrative issues an office dreads. With Plug and Play offices, you get easy support for any such issues. Some Plug and Play offices also offer IT support to all brands working in the space. That’s not all. You’ll also be able to share the services of office assistants without worrying about how to go about hiring them.

• Find the Right Talent

Apart from established businesses, Plug and Play offices are also popular with freelancers. Need someone to design an ad or write copy for your website? You might find the right person at the next table in your coworking space in Gurgaon. Even though you haven’t hired the person as a full-time employee, since they’re working in the same space, you can keep a close eye on your project and ensure that the deadlines are met.

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• A Healthier Work-Life Balance

Plug and Play offices are small communities in their own right. Thus, when it comes to festivals on special occasions, the celebration is a must. Many Plug and Play offices also organize regular events and activities at the end of the day or on weekends that get you out of work mode and give you an opportunity to interact with others and relax. You may even feel less stressed out in a Plug and Play office.

Whether you’re considering making the shift from working out of your home or from an expensive office space, it’s important to find the right Plug and Play office. Ideally, choose an office space that has parking, is well connected and in a good location. Ensure that you check on the facilities provided and understand what is and what isn’t included in your package. The best part is that since there isn’t along lease involved, you can always try out a space for a day or two before deciding on what’s best for you.

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Neighborhood Coworking & Managed Office Space company The Office Pass (TOP) is set to open its eighth Coworking Office in Delhi-NCR during this Navratri. The Gurugram based startup, which was founded in 2017 is looking to expand the business as it expects demand for flexible workspaces to grow to post the COVID-19 pandemic.

“The COVID-19 pandemic is making companies re-evaluate their cost structure. Organizations are looking at ways to conserve cash. Flexible workspaces are finding favor with companies, as they deliver high-quality office infrastructure through short-term, flexible contracts at 15-20% savings compared to traditional office leasing. After a five month demand eclipse, inquiries for coworking spaces have reached the pre-COVID level and TOP feels this is the perfect time to invest in the future. What better time than Navratri to kick-start something good”, the company’s founder Aditya Verma said.

The new center will come up on the Golf Course Road in Gurgaon, and will be the company’s first office under the “TOP Gold” brand of high-end premium offices, targeting MNCs and large Indian corporations. This will be TOP’s sixth office in Gurgaon and second on the prestigious Golf Course Road. The company additionally has one office each in Mohan Cooperative, South Delhi and Sec-4, Noida.

“The Office Pass (TOP) was home to 166 companies in the Small and Medium segment in India. With the launch of our new office under the TOP Gold format, we will extend our product offering to MNCs and large Indian corporates who were previously using Global Coworking brands. TOP Gold will be a premium product that offers wider desk space, more open areas, extremely high-end conference & meeting room infrastructure, and top of the line fixtures with extensive use of technology.” Aditya Verma said.

Leasing of office spaces hit an all-time high in the 2019 calendar year, with net leasing at around 45-50 million sq. ft. The rise in demand for flexible workspace had been one of the major driving forces for strong office leasing last year. Coworking operators took almost 15 percent of the total office space leased in the year.

However, property consultants are of the view that office demand in the 2020 calendar year will decline by 30-50 percent due to the outbreak of COVID-19, which forced corporates to defer their expansion plans. The past six months have seen some consolidation in the Indian Coworking industry. Operators who were unable to achieve unit economics positive status in the pre-COVID period are finding it difficult to raise fresh capital. They will eventually scale down or shut shop.

“COVID-19 has caused commercial property rentals correction of 15-20% in past 6 months. Several Coworking companies have abandoned operations and left the market open for players like TOP. With less rentals and reduced competitive intensity, this is the perfect time for TOP to expand aggressively and grab market share”, feels Aditya Verma.

About The Office Pass (TOP) 

The Office Pass (TOP), part of TOP Technologies Private Limited, is a Neighborhood Coworking & Managed Office spaces company. TOP offices are warm, friendly and ready to use.

In developing countries like India, people waste significant time, effort and money just commuting to work. In large cities, this time can be over 2-3 hours each day. Developing nations can ill afford this wastage. This time can be effectively utilized to grow the business and improve productivity – only if someone solves the issue of office commute.

TOP is the only company in the industry offering Neighborhood Coworking (NCW). NCW, as the name suggests, is different from conventional coworking as it caters to target audiences nearby (< 5 kms). The fundamental premise is that people love to work in a high-quality office facility close to their place of residence / business rather than commuting for long distances.

Our vision is to have multiple offices spread across the city – so one can find the closest TOP office within 5 kms. You can think of us as a convenience store for Coworking (Such as a 7-11) versus a superstore (like Walmart).

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