Differences Between Coworking Spaces and Managed Office Spaces

There seems to be something unique and remarkable about coworking spaces. Unlike a regular office, coworking office spaces consist of members who work for a range of diverse companies, ventures, and projects. Because there is no immediate competition or internal work politics, they don’t feel they have to put on a work persona to fit in. Working amidst people doing various kinds of work can also make one’s own work individuality more assertive.

Coworking spaces have been rising in popularity among start-ups and evolving companies for quite some time. Of late, commercial real estate has seen another emerging fad, namely Managed offices.

What is a managed office space?

Simply put, a tailored workspace is offered and managed by a third-party operator like Workingdom. Unlike a coworking space where numerous companies work under the same roof, managed offices are dedicated spaces for your company and reflect your brand essence.

1. Setup cost and Upfront Expenses

The upfront expenses for the managed offices are comparatively higher than the coworking format as setup costs are incorporated already. Managed offices require a security deposit normally equivalent to the rent for 6 months. It also needs adding on costs for the furnishings. The cost of coworking spaces in such cases is handled by the operator and you pay a comparatively lower cost.

2. Privacy

Coworking office workers might struggle to work in privacy as they will be accompanied by professionals from other institutions sharing the same premise. Whereas the managed offices give total privacy to the office members and are advantageous for people who deal with jobs that demand privacy and solace.

3. Move-in Time

Coworking office spaces are move-in ready – once you have taken the plunge on the package and fulfilled the payment obligations, you can start working out of the office. While the transition time is higher for companies moving into managed offices. After signing the contract, it might take 6-8 weeks before the office becomes ready for use.

4. Layout and Design

A coworking office is concentrated on promoting collaboration and the comfort of sharing amenities. The interior follows an innovative, modern and community-inspired approach with floating or dedicated seats. The meeting rooms and common areas are shared by several businesses in the coworker community. Comparatively, a managed office space is more conceptualized as compared to shared ones. It is solely designed as per the lodger’s requirements. The meeting rooms and common areas are also designed and used by the business that has hired the office space.

5. Customization

Customization is another significant differentiator between coworking spaces and managed offices in Dwarka and every other city. The co worker near space near me doesn’t offer a chance for major design changes whereas managed spaces are blank spaces built from the scratch. It is built as per the client’s choice and their business identity. Coworking spaces come pre-built with all amenities that allow move-in from the first day of onboarding.

We hope that this will help you in making an informed decision. Contact Workingdom if you are looking for managed office space in Delhi and NCR or are looking for shared office space in Dwarka. We have managed offices and coworking spaces in India’s prime locations with all world-class amenities at your perusal. We are looking forward to hearing from you.