Coworking is not a new term. There is a flood of new coworkers joining coworking spaces around the world in the recent years. This begs the question: What has caused this spike in the coworking movement and how will it develop?
According to figures, 40% of all coworking spaces are profitable. This percentage has been rising for many years now. Also, the percentage of coworking spaces that lost money saw a distinct drop to 26%. Coworking spaces still find themselves in a very new market. On average, they break even in the twelfth month after opening […]Read more "Profitability of Coworking Spaces"
Many large and innovative companies are adopting remote work strategies. The reason for this shift is that working remotely (anywhere outside the office) can actually offer a myriad of benefits. For companies, working remotely can help reduce costs, increase productivity, and boost employee well-being. For workers, the option to avoid long commutes, small cubicles and […]Read more "Why big companies are going remote"
The first stage for every entrepreneur is the ‘Ideation stage’ and this particular phase tends to be an isolated one. Here, you need to focus all your attention towards creating a proof of your idea and concept. By opting to work at a Coworking space, you can rest assured that your basic requirements such as […]Read more "Coworking Space: A safe haven for Entrepreneurs"
Coworking spaces in small towns are much younger than in big cities, but they are built in a shorter time. The smaller the town, the smaller will be the space, so it is not surprising that most coworkers in these spaces often know all the other members personally in a short duration of time (if […]Read more "Small Towns vs Big Cities: Through the Lens of Coworking"
Entrepreneurs work on their own – No more bosses, no morning commute, no more clocking in and out, just them and their dreams. For all the flexibility you get from being an entrepreneur, it also removes a lot of the conventional comforts of a 9 – 5 workday spent at the office: no free coffee, […]Read more "Advice for Entrepreneurs working from Home"
Coworking has become the new norm for the new growing and expanding companies. With new spaces opening up every day and established ones expanding, the Coworking revolution is in full swing. And with remote work becoming a popular perk, there is no sign of slowing down. However, there’s a lot of misinformation floating around about […]Read more "Myths about Coworking Spaces"