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3 essentials you need to a good coworking agreement


Before starting a coworking space in Noida,there are various aspects and agreements you have to look for. Starting from, attaining the space under your business name to getting the user agreements. So, when you are at a stage to rent out coworking space, you must know about the below user agreements for the well-being of your business. 

1. Lease or Service agreement

The first thing is to be sure about the type of agreement and engagement you want with the businessmen renting the coworking in Noida. Like question that you need to sub-lease the property for the residents or do you want them to provide the coworking space as a service. It mainly involves the property rights and needs to have the right to sublease on your agreement. A service agreement will be restricted to the specified services provider.

2. Minimum Level of services

A coworking space is much more than just a quality working space. It includes the details of the seat internet speed, downloading limit, easy access to meeting rooms and much more facilities. Also, the agreement includes disputes with the users arising with users, temporary interns, etc. Therefore, this will comply with your services needs and will keep your users satisfied and informed to not violate the policies. So, negotiate hard with the users and demand penal clauses for non-compliance of any of the terms.

3. Price

Now, lastly, price is one important thing that we cannot forget. Mention about your modes of payment, whether you accept payments through cash, online transfers or via bitcoins. Like if you charge high for internet or video conferencing then do not forget to include it in your agreement. Taxes may be changed with time, so point out clearly and spell out how much and when the increment will come in.
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