Skip to main content

Cash is King- for Startups




Cash is King. Very important to remember especially when you are a bootstrapping startup. One big expense for any business is the office space. There are various ways to cut costs on office infrastructure, work from a garage, work from home, share an office. One of our members, however, demonstrated how to have the best of both worlds, save office costs and at the same time have an excellent space for collaboration.


This team let's call them “S Team” for Smart Team. Did the following.


  1. All 5 Team members worked from their own homes.
  2. Used online collaboration tools like Google Docs, Notion, Zoom, Trello, Bitrix.
  3. Booked Golden Square's Conference Room once a week for 3 hours for brainstorming and reviews. These are best-done face to face. And the air-conditioned conference room has a projector and WiFi.
  4. Booked the meeting room, 2-3 times a week for meeting with clients, partners, vendors. To have a professional and productive meeting. (Cafes can be very disturbing)
  5. Used one of the founder’s residences for registering their business.


What would this have the cost per month:-


Item
Rate (Rs.)

Quantity
Per Month
Conference Room for 5 -Once a week for 3 Hrs each
600
Hr
12
7200
Meeting Room -  three times a week 1 Hr each
250
Hr
12
3000
Tea and Coffee
25
Cup
44
1100
Snap Office Membership Rs.3000/- year. Of which Rs.1500/- set off against services and space usage.
1500
Yr
1
125
Cost per Month



11,425


Rs.11,425/- per month for a team of 5 to have an office for collaboration and meetings.


This is what one of our members had to share:

“As a lean, bootstrapped Start-up, we wanted a decent office space on demand for our meetings/interviews and still save money. Golden Square Virtual Office Solution is the best in this category. It is not only affordable but also comes with superior service. I would not hesitate a bit in recommending this to anyone who is looking to save money on office spaces yet get the benefits of managed office.”


Sathish
Founder, www.textnook.com


At Golden Square experience “Joy at Work”

Comments

Popular posts from this blog

Ditch the Distractions: Find Your Dream Dedicated Office Space in Koramangala

Are you tired of working from home with constant interruptions? Does the noise of the bustling city make it difficult to focus? If you're looking for a professional and productive work environment, then a dedicated office space in Koramangala could be the perfect solution for you. Koramangala, a thriving business hub in Bangalore's startup district, offers a dynamic atmosphere ideal for businesses of all sizes. Golden Square Koramangala: Your Oasis of Productivity At Golden Square's Koramangala branch, we understand the importance of having a dedicated workspace that fosters creativity and productivity. That's why we offer a variety of dedicated office space solutions to fit your needs, from individual cabins to larger team spaces. Unlike impersonal co-working spaces, our dedicated offices provide a sense of privacy and security, allowing you to focus on what matters most – growing your business in Bangalore's startup district. Focus on What Matters Most Our dedicat...

Office Space Meets Accounting Excellence for CA and CS

In the fast-paced world of accounting and corporate governance, Chartered Accountants (CAs) and Company Secretaries (CSs) stand as pillars of financial integrity and regulatory compliance. Yet, in the pursuit of excellence, the workspace plays a crucial role in shaping productivity, collaboration, and success. Welcome to Golden Square, where we redefine the concept of office space, offering tailored solutions that align perfectly with the needs of today's accounting professionals. Crafting the Perfect Workspace At Golden Square, we understand that the ideal workspace for CA and CS professionals goes beyond mere physical infrastructure. It's about creating an environment that fosters innovation, efficiency, and growth. Our meticulously designed serviced private offices and coworking spaces are crafted to elevate your work experience, providing the perfect blend of comfort, functionality, and professionalism. Tailored Solutions for Accounting Excellence Whether you're a seaso...

The Sanctuary of Productivity: How Golden Square Rewrote My Workday Story

  The city's hum, a constant, restless energy, used to be the soundtrack to my daily battle. Like many, I wrestled with the usual office demons: the internet that decided to take a coffee break, the printer with a mind of its own, and the endless administrative tasks that seemed designed to steal my focus. I felt like a juggler, desperately trying to keep all the plates spinning, and often, dropping a few. Then, I discovered Golden Square. It wasn't just a change of address; it was a complete shift in my work narrative. Imagine stepping into a space where the city's frantic energy simply… dissipated. The air felt lighter, the atmosphere more focused, and suddenly, the daily grind transformed into a smooth, almost effortless flow. Gone were the frustrating tech glitches and the anxiety of missed deliveries. A dedicated team, working behind the scenes, took care of the background noise, allowing me to finally concentrate on what truly mattered: my business. It was like having...