Why having an office space is must for a new company registration?
Most founders of new company registration are constrained by funds and try to save money in every possible avenue. Many founders of new company registration do not take an office space to save money but as leading company registration consultant and business consultant who have worked with over 1000+ start-ups and new company registration, strongly feel that this is not the best way to do so. Here are the reasons mentioned:
Ambience: How much you try, it is very difficult to have right ambience at home to put in the amount of hard work and dedication needed to run a company registration. At home you can have numerous distractions and you tend to be lazy when there is no work whereas in office, even if you have few moments in between you can utilize the team for some important research work
Employee: Employees normally look for a good office space to work and by not going for a good office space, you may run the risk of losing some good employees. If your team size is less than 4, shared office is a good option and if team size is more than 5, you can always go for personal office for your company registration
Motivation: A good office space works as a motivation not for you but also for your team. There are few things money cannot buy, and motivation is one of them for sure!!!
Clients: If you have a client who would like to visit your office, it can be a potential deal breaker if your office space is not up to the mark.