How Managed Office Spaces in India are Fueling the Growth of Women Entrepreneurs

Did you know that approximately 15.7 million women hold managerial posts in India? This is projected to reach 30 million with further encouragement.

This huge transformation is not a one-day story! Hard work and perseverance are key, but let’s not forget the contribution of managed working spaces to the upliftment of female entrepreneurs. It has revolutionized the work environment with flexibility and community-driven ecosystems.

From babysitting services to quality mentorship programs, managed working spaces for women consistently address new challenges and promote inclusivity.

But that’s only the tip of the iceberg! There are many other reasons why women entrepreneurs are choosing vibrant alternatives over traditional workspaces to support their teams and add more fuel to their work tanks!

Before exploring how managed office spaces benefit entrepreneurs, let’s examine the challenges faced by women in traditional workspaces.

What Challenges Do Women Entrepreneurs Face in Traditional Office Setups?

Business owners indeed face bottlenecks while launching and maintaining a company. However, the issues are more prevalent among women entrepreneurs while working in a traditional office setup. Recently, Suits coworking space has assessed the market and identified common challenges faced by women entrepreneurs operating from traditional office spaces. Here you go-

High Capital Requirements

One of the significant challenges faced by women entrepreneurs in traditional office spaces is high capital investment. The expenditures are high for traditional workspaces, as individuals must commit to long-term leases. For example, a woman entrepreneur has to bear the expenses of rent, furniture and other amenities if she is working within a traditional working space. This is difficult to obtain, especially for startups and SMBs.

Limited Innovation

Traditional workspaces are not ready to adopt the change in innovation, making it difficult for female entrepreneurs to introduce new products. This limits their ability to innovate, which may help them stand out. For example, a traditional workspace may not have new technologies such smart lighting and an occupancy sensor.

Limited Flexibility

Most traditional workspaces follow a fixed set of rules that need to be followed. This limits the flexibility of women entrepreneurs to make business changes as needed.

Difficulty in Hosting Meetings

Whether it’s an urgent meeting with the client or a weekly team call, modern-day meetings need cutting-edge tools to discuss, share screens and present PPTs during a meeting. Outdated workspaces lack these facilities, which cause women entrepreneurs numerous issues, especially when it comes to staying productive.

The Rise of Women-Led Startups and Their Office Space Needs

According to a study, 20% of all MSMEs in India are managed by women lead teams. These MSMEs employ over 23 million people to help fill the unemployment gap. According to The Times of India, Telangana has made significant progress in women’s empowerment and economic development. This state emerged as the leader of the female work participation rate in 2023-24.

Not only Telangana, but also other tier-1 and tier-2 cities in India are increasing women’s participation in various sectors. Let’s hear it from Aiswarya T, Founder of Finding Roots. “The present level of enthusiasm towards joining the India startup ecosystem by the women is significant. A woman can show her competencies and skills without moving one place to another. If women have the right thought process and innovative ideas, nothing can stop them from driving the car of entrepreneurship towards right direction.”

Over time, an increasing number of women entrepreneurs are driving change across various industries, including social enterprises, technology, fashion, and sustainability. On that note, shared working spaces are fueling the women entrepreneurs to help them ideate, collaborate and incorporate.

Top 6 Reasons Why Women Entrepreneurs of India choose managed Office Spaces over Traditional Office Leases 

If you’re a female entrepreneur, you can’t deny the fact that India is one of the big names in the global business landscape. A report by WISER highlights the meteoric rise of women-led startups, underscoring a significant shift over the last five years. One of the primary reasons for these staggering numbers is that modern-age women entrepreneurs are moving to managed workspaces to traditional ones.

“Shared working spaces has helped me to learn, evolve and repeat with its modern-day work equipment and latest innovations. This helped our team to grow by 3X despite the initial entrepreneurial challenges”. - said by Shakshi Verma, CEO of a growing fintech company in India.

There are many entrepreneurs like Shakshi who are shifting to managed office spaces to support consistent growth. Here is why-

1. Ample Opportunities for Networking and Learning

From millennials to Gen Z entrepreneurs, everyone’s first choice is flexible office spaces due to multiple benefits. One of the primary reasons is that these workspaces offer opportunities for knowledge sharing, learning, and collaboration.

If you’re also ready to move into this workplace, it's more likely that you will find potential collaborators. Additionally, the networking events offered by these spaces can help you expand your professional network.

2. Flexible Membership Plans

If you just started your company and are looking for flexible managed space for startups, look no further! Shared office spaces for women offer flexible membership plans tailored to your needs. From day passes to hourly memberships, you will get everything that fits your requirements without making a hole in your pocket.

3. Tech-Enabled Workspace

Not only collaboration and membership plans, but technology also plays a crucial role in a fully furnished managed office. Without adopting the latest technology, you can’t move forward efficiently.

For example, the latest technological advancement is shaping the future of training sessions. You can use software that enables you to present your screen while taking input from the other side.  This fosters entrepreneurial excellence and overall team productivity.

4. Health and Wellness Amenities

Health is wealth. That’s why shared working spaces offer premium wellness plans to keep the health issues at bay. If you’re looking for wellness amenities, consider availing of programs like yoga sessions, provided by experts. Also, equipped gyms are there to shed the extra calories, while training your body and mind towards the positive.

5. Childcare Facilities

Do you have a child but still manage your daily office chores? Managed office space has the solution for the working mom like you. Most managed office spaces have dedicated areas where your apple of the eye can play and learn under expert supervision.

6. Safety Measures

If you’re concerned about the safety in the hybrid workspace, rest assured that 24*7 surveillance and emergency support systems are there. From advanced security systems to a quick response mechanism, the surveillance team is monitoring the working space. These measures contribute to a safe and secure environment for busy professionals like you.    

Empowering Women Entrepreneurs at Suits Workspaces

Managed office spaces are no longer about sharing a room and desks. Instead, they talk about the mutual goals of the empowered women. These shared working spaces, such as Suits Workspaces, are relevant in fostering growth, breaking down barriers and bridging the gender gap. If you’re looking for managed office space in Jaipur, Suits Workspaces is ready with its flexible, affordable and resource-rich workspaces. Ready to overcome the entrepreneurial challenges? Once you experience our feature-rich shared working space, you’ll never settle for less!