Building a Shared Office Platform to Help People In-Need

Business Plan
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Business Plan: Build a Shared office platform to help people in need
The proposed business entails building a shared office platform. Shared office workspace, also known as co-working, occurs when companies offer solo workers and small business organizations serviced offices and various amenities. Once the user has signed up, he or she can start working at his/her desk the following day. The user can subscribe to the shared office space by the year, month, day or even hour depending upon their needs. For new startup firms, the flexibility is particularly crucial in case their number of staffs and their funding grow fast (Wiley, M. (2016). On the whole, instead of being tied to a traditional lease for 3 – 5 years, a company can be nimble as needed. The shared office workspace includes furniture, Wi-Fi, utilities and a receptionist.
Almost every single day, there are new startup companies coming up and this presents a significant concern of accommodating them. Startups are usually created with a combination of inventive ideas and a grouping of individuals to execute them (Sykes, 2014). Whereas these innovative ideas do not take up any physical space, implementing them calls for a workplace in which the group could meet, sit down together and work upon those ideas. Establishment of companies and increasing population has led to the lack of workspace. The concept of shared office spaces was started in order to address this and has been highly popular especially amongst millennials (Kreamer, 2016).
In the proposed business, my company will take up a building in a commercial city and then transform it taking into account the requirements of professionals from all sorts of fields. The company would promote an affable atmosphere amongst various firms that would share the office spaces so that they could help one another grow. It would ensure that the people working within that office space enjoy their work rather than dread it. The company will offer a variety of businesses, solo entrepreneurs and freelancers desk spaces and rental offices on a shared floor. Flexible terms would be provided that allow the renters to downgrade or upgrade the size of their office spaces and move in and out with short notice. The business will offer women-focused shared office spaces.
Demographics of the potential customers
Millenials and Generation Z are the targeted demographics. The prospective clientele comprises female entrepreneurs aged 21 years to 35 years who are looking for an inexpensive office space in a good location; a location in which the conventional office spaces are very expensive. Only women would be allowed. The proposed business would be female-centric owing to the growing demand for shared office spaces that cater only to women. Researchers have reported that workplaces dominated by men could trigger social isolation as well as the potential for sexual harassment and nerve-racking interpersonal interactions that could result in self-doubt (Mok, 2017). There are a lot of shared office workspaces out there with this sort of toxic atmosphere. For this reason, it is no wonder that women are flocking to women-only shared workspaces.
Being femal...