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Co-working is a way of working that lets freelancers, entrepreneurs, and small and medium companies share space, creating a platform that enhances collaboration and business opportunities. This simple definition helps to explain in clear terms why co-working spaces are quite different from business incubators, business centers, or traditional offices. With more people working remotely these …

Read More about 8 Licenses and Permit Needed to Open a Coworking Space in 2023

To have an idea of the profit a coworking space business is expected to make, you should clearly define the services such a business offers. A coworking space business provides well-equipped and secured coworking facilities where entrepreneurs, startups, freelancers, developers, businesses, and teams can meet to work independently, as well as socialize and collaborate on …

Read More about How Much Profit Do Coworking Spaces Make Per Square Foot?

Co-working is the reigning norm when it comes to workspaces. An encouraging percentage of entrepreneurs, startups, independent contractors, employees, and freelancers now prefer to work from a co-working space. According to industry reports, the number of co-working spaces globally is expected to grow to almost 26,000 by 2022. For an industry that had just 7,805 …

Read More about How to Design a Coworking Space in 2023 [Floor Plan and Layout]

According to industry reports, the popularity of co-working spaces is exploding especially in this age of e-commuting, startups, and the freelancer economy. Most times, small-scale entrepreneurs and startups are left with meeting at homes, cafés, or renting a small room in a business building just to handle business dealings. Co-working spaces have provided a convenient …

Read More about How to Market a Coworking Space in 2023 [Tips and Strategies]

According to experts, indoor air quality is very important for the health, wellbeing, and comfort of the occupants of a building. Regrettably, some indoor environments, especially ones that have people trooping in every day, have levels of pollutants much higher than those found outside. These indoor pollutants can cause both short and long-term illnesses, poor …

Read More about How to Maintain Indoor Air Quality in Coworking Spaces in 2023

When co-working first ventured into the real estate industry, landlords had little or no form of direct involvement in the business. Instead, co-working providers simply dotted the lease lines and sublet the space to co-working tenants who then pay for individual desks, offices, and conference rooms. The revenue incurred by the subtenants exceeded the rent …

Read More about How Landlords Can Reduce Risks With Coworking Tenants in 2023

Generally referred to as flexible workspaces, both co-working spaces and shared offices strive to promote efficiency and ensure employees’ comfort. Note that there are many models of the hybrid workforce and they come with varying modifications. Co-working spaces and shared office spaces are both already furnished, offering a range of amenities and a more professional …

Read More about Difference Between Coworking Space and Shared Office in 2023

The co-working movement began with entrepreneurs, freelancers, and players in the tech industry. But having witnessed the numerous benefits of co-working, bigger organizations and corporations have also started getting interested in the concept. Note that bigger organizations like; KPMG, PwC, Pinterest, Airbnb, Microsoft, PepsiCo, GE, Heineken, and several others have already embraced the concept of …

Read More about Why Do People Thrive in Coworking Spaces in 2023?

Truth be told, co-working business owners tend to be great at building up a business, getting it properly established, and making sure the space achieves success. From well-known co-working brands and chains like WeWork, Industrious, Serendipity Labs, Regis, Galvanize, and Venture X, to the countless streams of independent co-working brands across the United States – …

Read More about How to Value a Coworking Business in 2023 [Best Valuation Method]