according to a deloitte study millennials will constitute 64 of the working population in india by 2020 for businesses to grow it is imperative that todays workspaces create an appropriate environment catering to this millennial workforce and their requirements this is especially true for large enterprises that are on the lookout to attract and retain top talent as well as foster a positive culture hence the collaborative model of beautifully designed spaces like wework has worked successfully with freelancers and startups as well as enterprises so if you are starting a business or are looking to expand one you should look for a workspace that fosters creativity innovation and offers a meaningful work experience to your employees there are some important aspects one should consider when on the lookout for renting a wellequipped modern office space locationcongratulationsyou have successfully cast your votelogin to view resultabout a century back ellsworth statler father of the modern hotel industry said there are three things that make a hotel famous location location location today it is relevant for almost every business no matter the size or type an easy to locate comfortably located office is important speaks a lot about you keeps your employees motivated and helps in attracting a talented workforce while everyone wants welllocated office spaces the space itself is limited business districts in most cities are congested and dont have properties of choice for a reasonable price as a space here is likely to burn a hole in your pocket this is the advantage of working out of spaces like wework as they provide instant access to good locations at affordable prices and flexible terms while scouting for an office space check how comfortably located is the space its accessibility by car or public transport local neighbourhood and proximity to cafes lease terms always look for a flexible lease that aligns with your growth strategy traditional offices usually offer inflexible long term leases that do not give freedom to scale up or down longer the lease lesser the flexibility you will have to adapt and change as you grow spaces like wework offer unparalleled flexibility in deal structure enabling companies to scale up or down and expand to new markets easily do not get locked into a lease that forces you to take up space that remains underutilized or fills up too soon also reduced complexities in real estate while dealing with wework get your space up and running much faster amenities on offer one of the biggest nightmares of moving into a new office space is setting it up wework takes the bad out of having your own workplace and keeps the good the community team takes care of all your office management tasks enabling you to focus on your core business with millennials redefining workplace culture and gen z the newest entrant into the workforce being unique in their ways of working the lines between work and personal lives have blurred employees like to engage in