Coworking Space - All Your Questions Answered | Blog


Internal view of Cove Offices, coworking space in Chennai

“Coworking is one of the latest buzzwords that one comes across. Like any new concept, however, there are many doubts which one might have. Today, we will take a comprehensive view of everything associated with coworking and ensure that your doubts are answered. By the end of this, you will be in a position to select the right choice, especially if you are looking for a coworking space in Chennai.

What is a coworking space?

A coworking space is a business premise that allows freelancers or people from different companies to share a common office infrastructure and amenities. Think of it as a “hotel for business”. You book a time slot in a coworking space and pay only for your stay and use of the amenities.

How do coworking spaces work?

Coworking spaces work on the same principle that hotels or other shared services work. The coworking company buys/hires a property, sets it up as with all necessary facilities for their target customers. The space is not only equipped with various amenities needed by businesses and working professionals, but also various configurations of business spaces like private offices, dedicated or flexible desks for solo professionals or small teams.

Once this is done, the coworking company then rents these facilities out to business teams of varying sizes by means of subscription plans. These are quite similar to what one would encounter while booking a hotel or subscribing to a digital platform. You can pick and choose what you need, the time that you need for, and pay accordingly.

What are the benefits of a coworking space over a normal office?

First and foremost are the top two benefits that matter the most to any business or professional – time and money. Unlike a normal office, you don’t have to spend time and money to set it up. This means no upfront capital investment, or running around to get the paperwork done. You simply take a look at the plans and facilities on offer, book what you need, for the time you need, walk in and start working. As simple as that! No hassle of setting up or maintaining an office.

As your business changes, you will need to upscale or downscale your workforce. In a traditional office setup, this means moving into a bigger or smaller office and going through the whole office setup phase all over again. With a coworking space like Cove, all you need to do is to simply subscribe to a bigger or more private setup. When you need to downscale, change your subscription plan as per your needs. This flexibility is a godsend in a changing market.

If you are worried that a coworking space might not offer the same levels of privacy and confidentiality as a dedicated office, you can simply opt for a private office and get the same level of privacy at a much lesser cost.

Last but not the least, many coworking spaces also provide value-added services like networking activities, training sessions, interaction with industry experts etc. These are available either complimentary or at a small fee for their members. These add a lot of value to your professional experience and expose you to insights and opportunities which you otherwise would not have been exposed to.

What makes Cove the best coworking space in Chennai?

Simply put, there are a variety of reasons which make Cove the best coworking space in Chennai. Some of these are:

1. Vintage ambience with large open spaces

2. Strict adherence to COVID safety protocols

3. Wide variety of options like dedicated desks, hot-desks, private offices and virtual offices

4. Flexible subscription plans which allow you to easily upscale/downscale

5. 24×7 air-conditioning and fast internet connectivity

6. Ample parking spaces so that you don’t have to worry about your vehicles

7. Dedicated storage and a secure document vault

8. Complimentary amenities like document printing