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Alongside the plethora of innovation happening in the workspace industry, the quantity of new-age businesses is also on the rise. Regardless of whether it is a little or a big business, a great deal of them is opening their minds to satellite office spaces. Taking a bad hit in the pandemic, most of these companies have taken up the option to open up satellite offices in different parts of their area of operations so that it facilitates the team and help them control a varied perspective of office space management parameters.
What is Satellite Office Space?
A satellite office is a branch of an organization opened at a strategic location that facilitates them from business standpoints. Whether the company is a startup with a small, dedicated team or a large, established corporation, a satellite office space runs in line with its business mission, without limiting where the company operates. And today, it’s easier than ever to run a company without being centralized in a single place. Satellite offices are one common solution.
Satellite offices can range dramatically in size, housing anywhere from one employee to hundreds. Likewise, companies both big and small may elect to invest in satellite offices, depending on the specific needs of their business.
Below you’ll learn more about who uses satellite offices and why they’re useful, plus the essential information you or your company should know about finding the best fit.
The Benefits of Using a Satellite Office Space
Companies looking to open up their satellite offices might be expanding their offerings or emerging in new markets, so they’ll want some staff on the ground to network, learn about the local culture, or handle in-person logistics. Here are some of the major benefits that satellite office space brings.
Cost Efficiency
One of the biggest benefits a satellite office brings in is the absence of bigger lease terms. Rather than leasing the entire structure or floor for your office, this sort of rental is additionally accessible for businesses that are searching for modern office spaces just to go ahead with their operational tasks or to meet clients. For instance, companies in metro cities like Delhi or Mumbai can open office space in Kochi or flexible workspace in Lucknow that comes with not only the basic amenities like conference and meeting rooms but also facilities like cafeteria and pantry and with all the aesthetical frill that enhances the visitors’ experience.
Other than that, adaptability and comfort of working are a few of the things businesses consider. Most of the satellite offices of today carry the same charm as their headquarters do. Also, since the pandemic, the changes in workspace layout and new safety implementation, organizations want spaces that imbibe the same culture, yet in a regional setup.
Satellite workplaces offer an assortment of advantages to organizations, contingent upon their interesting plans of action and objectives.
Recruitment of Better Talent
When an organization scan on to other location to hire the best talents, the main question comes in that how would you get those individuals amped up for the possibility of working at your organization? Satellite workplaces can really work as an enrollment apparatus, whenever done effectively.
People like to work in offices with great work culture and alluring ambience. They’ll look into factors like is there any hassle to get to work, and other conveniences, for example, lounge to lay their hair down or a filled pantry and easy cafeteria area, and even breakout zones to break the monotony of work your satellite office.
These components and more can impact one’s impression of your organization, affecting their eagerness to become a part of your company. Building a satellite office where individuals need to work helps make your organization a people-friendly workplace.
Address Reputation
From everyday angel, an organization’s purpose of opening up a satellite office is to gain recognition and share its presence in the new markets. What matters most for the new employees and clients is the location of the office space.
A legitimate location can straightforwardly take care of the reputation of your organization among possible customers, partners, investors, or other industry players. Your location resembles an initial feeling, and it tells part of your organization’s story. Having a satellite office in a notable area can likewise establish the pace for everything from conferences to meetings to networking occasions that you may have.
Networking
You are the company you keep, isn’t that so? Even in a business setup, this proverb addresses more than moral character: who you encircle yourself with impacts who you work with. All things considered, business associations are individual’s associations.
Satellite workplaces offer you a chance to navigate into new markets and understand the local culture of people better. For example, a coworking space in Trivandrum for a Delhi headquartered company will help the team to gel quicker. Similarly, a satellite office space in Vadodara for a Mumbai based company will work wonders in bridging the communication gap. All of these ice-breaking activities that satellite offices bring in, well ultimately help in building the integrity and team spirit of an organization.
Vicinity to New Markets
Lastly, satellite workplaces make it simpler for organizations to enter new business sectors by getting submerged in those new markets. An actual presence offers you the chance to find out about standards and client inclinations in another spot and to meet with likely associates and customers.
With Incuspaze, companies and enterprises have an upper edge with respect to their expansion plans. Our PAN India presence in 14 cities gives us the ability to help businesses maintain a good network of their workforce and fast-track operations at a lower cost. Be its coworking space in Delhi or a coworking office in Bangalore, our wide range of office space options for enterprises and startups comes with several amenities that gives you just the right kickstart to carry your business. Get in touch with us to open up a satellite office today!
