The basic requirement of any business is an office wherein all the employees can collectively sit together and function. In the modern day competitive business era, owing an office is as important as managing the costs of maintaining it. Be it a small business enterprise with not more than 10 to 15 members sitting together or a group of 100 plus employees working together for a single company, keeping a check on managing the overhead costs is equally significant.
Business centres are, in general, referred to as commercial premises wherein many businesses occupy spaces within the same who do not want to invest their money on setting up an office space of their own immediately. Owning a business property usually involves getting into a long term property lease, which many of the companies do not favour as a business decision owing to fact that they may shift to a different geographic location or may need to expand with the growth in business.
Setting up offices in business centres has proved to be advantageous for many of the business entities, both big and small. Since the business centres are not fully owned by a single business entity, the business owners have the liberty of paying as they use. This helps them in reducing the many overhead costs, not investing in the infrastructures and sharing of costs whenever required. The internal layout is already set and the minimum requirement for the functioning business is only space branding.
Many entrepreneurs are known to prefer setting up offices in business centres keeping in mind the fact that the size of the employees may grow or reduce. Small business entities prefer taking up smaller office spaces that is enough to accommodate their team and has a meeting room to discuss, while the mid-sized or bigger entities prefer taking up half or the entire floor to themselves and set up various facilities that they need not share with others.
The infrastructure of the business centres are carefully and strategically planned. They involve personal cabins for the business and the associate heads, meeting and training rooms, personal hygiene areas and employee seating arrangements. These areas are fully IT enabled and are provided with complete business services such as housekeeping, hospitality, pantry and refreshments, air conditioning and similar other facilities.
Another major advantage of setting up an office in a business centre is that the common renovation and other expenses are shared. Be it renovating the common reception area or any building infrastructure work, every business functioning out of the business centre are liable to share the costs.
Business centres are very common in the metropolitan cities in India such as Delhi & NCR, Bangalore, Mumbai, Kolkata, Hyderabad, Chennai and Pune. The major business centres in Delhi such as Delhi Business Centre, Apeejay Business Centre, BMS Business Centre, U&I Centre and Paharpur Business Centre are the most common ones which has some of the leading business entities functioning out of these centres
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