As we prepare to kick off the new year with a list of resolutions, businesses are also busy mapping out their goals and objectives for the year ahead. This process includes extensive planning, forecasting, and budgeting. Through this, they endeavor to devise strategies that streamline their operations and enhance overall work efficiency.
One decision that is worth considering at this time is upgrading their workspace. In countries like Pakistan, where professionals are highly likely to feel demotivated from the current economic downturn, a conducive work environment can contribute to boosting the team morale.
Coworking spaces foster a productive and collaborative work culture through community building, which allows businesses to create an inspiring environment. As mentioned in Forbes, “a remarkable 88% of job seekers consider a healthy work culture vital for success. Positive company cultures don't simply attract top talent, they also help to retain it.”
Big brands like Siemens, Red Bull and Careem based in Daftarkhwan’s coworking spaces in Lahore and Islamabad, are benefitting from the vibrant work culture and networking opportunities to motivate and retain their workforce. Networking plays a big role in an employee’s growth.
A report published in Harvard Business Review revealed that among respondents “79% said coworking has expanded their social networks” Moreover, “64% said their coworking network was an important source of work and business referrals.”
A lot of businesses opt for coworking spaces because they are located at prime locations. With a network of sites spread across multiple areas, they play a huge part in minimizing the commute distance. If we talk about coworking spaces in Lahore, Daftarkhwan has five locations in the city with three flagship locations in Gulberg alone.
We’ve also expanded our presence in Islamabad and Rawalpindi with prominent locations on F5 and the National Aerospace Science and Technology Park (NASTP), putting coworking on the main street. This allows members to benefit from brand visibility and a network that fosters growth.
Unlike traditional workspaces, coworking provides freedom and flexibility which is a magnet for young professionals who are always seeking a hassle-free experience at work.
According to an article published in Forbes, “27% of the workforce will be comprised of Gen Z in 2025.”
Catering to their needs, coworking spaces are designed to accommodate different types of work styles. Here, employees are not bound to a desk or a cubicle, they have freedom to work the way they want. Flexible workspaces are an ideal solution for businesses seeking a professionally serviced office that frees people from the burden of high overhead costs. In metropolitan cities, rental costs tend to be extremely high.
Coworking spaces in Islamabad like Daftarkhwan | Vanguard, located on Constitution Avenue, has all the modern amenities from fully equipped conference rooms and a business lounge to high speed internet and administrative support, coupled with the scenic views of the Margalla Hills. The arrangement of sharing resources here reduces extra costs significantly. The space also eliminates the stress of long-term leases and operational maintenance, enabling businesses to focus on their work.
Since cost and security are essential to startups and enterprises, we partnered with the Pakistan Air Force to build Daftarkhwan | Alpha - a high-security coworking space in Rawalpindi. It also happens to be Pakistan’s first coworking space to be in a Special Technology Zone, which offers exemption from multiple taxations such as income, sales and property tax, as well as financial advantages like ease of opening forex accounts, tax-free dividend income and capital gains for VC funds. This empowers businesses to scale, thrive and take the lead.
These benefits are just the tip of the iceberg. There are countless pros of operating from a coworking space. If you’re looking to transform your business in 2025, upgrading your workspace should definitely be on your checklist.
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