Lease or Service agreement Be clear about the type of engagement you want with the residents — do you want to sub-lease the property to your residents or you want them to provide the co-working space experience as a service.Sub-leases involve parting with the rights on the property and would need you to have the right to sub-lease on your original agreement, while a services agreement would be restricted to the services provided. Lease
1. A poor location Look for a place that you can afford financially: in terms of both investment and maintenance. Your center’s position is crucial to its success. Check if the area you want to live in suits the type of people you want to settle in. Where should you set up your center? 2. A bad business plan You should come up with a solid and clear business plan before even talking about beginning
With all the hype surrounding coworking spaces, we’ve decided to give you a primer. They cover the basics of coworking as well as the consequences for conventional workplace and facility managers. WHAT ARE COWORKING SPACES? Step into a coworking space and you will immediately notice that it feels different from a regular workplace. The smell of fresh coffee in the air is second only to the electrical aura that enthusiastic and excited occupants bring to
India has taken the fast pace of adaptation to co-working in so many states, while some of us still don’t know the existence of shared spaces. Co-working in Asia has become very popular in major countries like Taiwan, Hong Kong, Singapore, etc. The idea of co-working has progressed in countries where investing in an office space has been a financial burden on an individual with a great idea. For someone to come up with such
There was a time, not long ago, when people stopped talking about expanding business as soon as they reached the stage of obtaining an office. Individuals used to get strangled when they were a small business because they had to spend big just to set up an office. People used to set up their own office in their house, and that’s not the best way to get the best out of your Employee. The coworking