Co-Working space,Centre for Excellence in Goregaon east,
gives small entrepreneurs and startups the strategic business boost
We all know that we’re far away from the days of stringent working patterns. We’ve largely done away with 9-to-5 and work-from-home no longer raises the eyebrow. What about those of you for whom work-from-home is the primary scene?
Home-entrepreneurs and startups are quite the order of the day today and most of you are part of the order. It’s a fine line that you walk between domestic and professional fronts. While the home can double up as an office, there does come a point when expansion requires you to take the next step. That next step means an office that provides you with some professional space – to work in, host meetings and sessions at and get your day-to-day business carried out. A co-working space!
It all sounds very exciting but once you’ve calculated all the prospective expenses, the bubble pops. Rental, overheads, basic expenses kill the joy out of your start-up venture. Bridging the gap between your entrepreneurial zeal and its future growth are co-working spaces. And one such co-working space in Goregaon east is Centre for Excellence or CfE at Corporate Annexe.
Right next to Udyog Bhavan at Sonawala Road, this well-designed space has been running for about 10 months now. I spoke to Yateesh Contractor, who runs CfE in the neighbourhood after opening similar spaces in Dadar and Bandra. Himself an engineer and an MBA from IIM Ahmedabad, Yateesh used his insights to provide a solution for a very strong demand.
Rampantly growing over the last couple of years, co-working spaces are a boon to small entrepreneurs. It basically implies an office space shared with many others like you – who need a basic set-up at a reasonable cost. Professionals co-work and share the expenses of rental, electricity, Wi-Fi, office staff and other such through a fixed monthly rental.
CfE also provides daily and weekly plans. It also allows one-day rentals for their meeting room spaces for any events or workshops with costs to the tune of ₹3500 for a day. This includes tea and coffee provisions twice in the day. Sounds sweet to me!
While he initially began with classroom spaces for rent, the need for office spaces as long-term rentals got him to launch one in Dadar and then at Powai and Andheri. ‘We’re occupied to 90 percent so we hope to open another very soon in this vicinity and in other key markets as well,’ shares Yateesh.
Centre for Excellence in Goregaon east gains favour for various reasons. One, it is within the premises of an A-grade commercial centre. Secondly, it is close to the railway station and the Western Express Highway and provides ease of access. Lastly, it provides all basic and advanced infrastructure to its clients that makes working easy and hassle-free for them. Starting at ₹6000 per person, CfE is open to single entrepreneurs to teams as large as 20 people. It has boardrooms, a pantry, office staff help and all other conveniences. ‘If any start-up had to invest in all of this at initial stages of business, it would have made work close to impossible for them. CFE gives them the opportunity to work, expand and grow with minimal office costs’, states Yateesh. True that!
CfE Business Centre, 914, Corporate Annexe, Sonawala Road, Opp. Udyog Bhavan, Goregaon E