Essensys Coworking Management Software

Coworking SpacesText "Coworking Spaces" as image

How Profitable Are Coworking Spaces in 2019?

Almost 90% of coworking spaces generate a profit if they meet at least three conditions: they have more than 200 members, are older than one year, and do not subsidize their operation through other businesses. The first condition is the only one that actually requires any special effort. However, these are not the only factors that make a cost-effective operation possible. In addition to these, we are also publishing the annual margins of profitable coworking spaces for the first time.

  • Operators & Staff Members: The People Behind Coworking Spaces

    Who is actually working for coworking spaces? Predominantly women, however, they generally earn less income than men. Even female founders and owners earn less and are more likely to rate their income negatively. They more often operate smaller coworking spaces. In this article, you’ll learn about staff in coworking spaces, how many people are working for them, and the ratio of staff to members.

  • The 2018 State of Coworking Spaces

    Coworking spaces are growing. Each year they offer larger workspaces and serve more members than the year before. These findings are not new. But what does a detailed view of coworking spaces look like presently? In this article, you will learn not only about membership numbers. We are publishing many findings for the first time, together with the most extensive data report to date about coworking spaces.

  • Opening Coworking Spaces & The First Year Post-Launch

    Starting a well-running coworking space usually takes a lot of time and nerves. Without the right motivation, you won’t get anywhere. The same is true for capital. And without knowledge of the market, the business will fail pretty soon after its opening. We can’t help you with the first two factors, but at least we can provide you with knowledge of the market. The results of the 2018 Global Coworking Survey will show you what you can expect.

  • Can Coworking Spaces Save Shopping Malls from the Retail Apocalypse?

    Coworking spaces have served a plethora of modern workers through physical spaces. There have been office blocks, private member clubs, coffee shops and more. Now, there’s a new trend on the horizon: coworking spaces in shopping malls. It’s unfolding on a global level. What has the journey involved to date?

  • The State of Coworking Spaces in Asia

    Once upon a time, it was mostly freelancers who used and founded coworking spaces. These days, the share of freelancers is declining and more employers and employees are taking their places. How these two worlds of coworking spaces differ from one another and how they are blending together can be seen in Asia. Today we will take you on a quick tour through the Asian results of the Global Coworking Survey.

  • Corporate Coworking: Drivers, Benefits & Challenges

    The utilization of coworking spaces by corporate companies is on the rise. Factors feeding the trend include increased flexibility, lower costs, greater emphasis on employee values and the global drive towards innovation. However, corporates have their own strategic position when it comes to coworking. Why do they utilize such space and what are the advantages and disadvantages of doing so? And what benefits and challenges does this trend pose for the providers of coworking spaces?

  • The Big Merge: Coworking & Corporate Real Estate

    The coworking industry has long feared the day when traditional CRE firms would strip down and replicate the coworking model for its own purposes. They adopt the methodologies that work for them, and leave the rest on the table. The good news is that CRE players bring unprecedented resources to bear, which the coworking industry is in desperate lack of. In return, coworking methodologies will forever transform the way we manage, market, and consume workspace.

  • Will Coworking Hotdesks Be Replaced by a New Concept?

    Today, over one million people flock to coworking spaces they once chose as their own. However, a fraction of people forming part of the coworking movement have now rejected the singular space lifestyle in favour of a more flexible model. Indeed, a new wave of coworking has emerged. It’s built upon the hospitality industry and it’s brewing in New York.

  • The Most Popular Online Tools to Manage a Coworking Space

    Most coworking spaces are operated as second businesses of small business owners and entrepreneurs who sought shared workspace of their own. Due to the varying different types of spaces out there, all designed and operated in different ways, it appears no two spaces utilize the same exact software tools - except a few. The 20 most popular ones we've summarised into a word cloud. In addition to the data visualization, we’ve sorted the top hundred or so into a list.

  • A Number One Hit: Coworking for Musicians

    The music industry has changed dramatically over the last 15 years. With the ability to download your favorite albums in virtually minutes (for free) online, musicians have had to find alternative ways to make a living. Professionals in the music industry often turn to crowd-sourcing as a means of funding their work, but remain unsuccessful, as profitable campaigns are often dependent on a strong supportive community. But how do you build a community outside of the various social-media platforms that you depend on for promotion? Well, that's where coworking comes in...

  • Do Coworking Spaces Need A Coworking Lobby?

    Coworking, in its essence, is independent and encourages networking. But how connected are coworking spaces to each other? How do they actually relate to an association that focuses on combining forces? Just last week, an initiative of a potential European coworking association spoke to the EU Commission. We asked in the fourth Global Coworking Survey what concrete results coworking spaces expect from these associations and at what level they support such operations.

  • Coworking in Vietnam: An interview with the founder of HUB.IT

    From Berlin, to New York City, to Thailand, Deskmag has covered the ins and out of the coworking movement, exploring new locations and cultures that have inspired the coworking movement all over the world. Recently, we spoke with Bobby Liu, founder of the HUB. IT, which recently celebrated its opening in Hanoi, Vietnam. Liu spoke with us about opening the space and also the need for coworking in Vietnam.

  • The future of coworking

    Each and everyday, more and more people are discovering coworking. The movement is not only a great alternative for independent workers, but it has been proven time and time again to be a sustainable and clearly identified solution for entrepreneurs and freelancers looking to build a network and collaborate with like-minded people. However, while existing coworking spaces are still aiming to validate their business model, the more established spaces are now looking towards the next innovative steps they will take.

  • The hidden treasures of coworking

    In recent years, coworking has drawn curiosity from the academic world. As a result, a huge amount of papers and studies have been produced, which begs the question: where do all these studies go? Well, we believe that a lot of them are lost somewhere on the internet or tucked away on the shelves of university libraries, probably collecting dust. In lieu of our recently launched crowdfunding campaign, we have turned our focus to the academic study of coworking, and have made it one of our goals to create our own open source coworking library. To show its potential, Deskmag has highlighted some works studying coworking from an academic point of view.

  • The History Of Coworking In A Timeline

    A flood of new coworkers will join coworking spaces around the world in the coming weeks. This begs the question: what has caused this spike in the coworking movement and how will it develop? We fished for facts in the depths of the internet, pieced together the puzzle into a timeline, and the result is a brief history of coworking. And as the history becomes longer, just tell us what you would like to add.

  • Coworking Spaces Explore The Use Of Alternative Currencies

    Coworking spaces could be the perfect place to experiment with alternative currencies. When it comes to time banking, local currencies, as well as numerous other options, there are a few simple questions that still need to be answered. First, what type of economy do coworking spaces want to be part of? And if these innovative currencies catch on, could they be used on a global scale?

  • Coworking spaces: How to succeed thanks to crowdfunding

    Who ever dreamed of funding their project through crowdfunding? Many projects have the potential, but coworking spaces have a major asset, and that is their ability to mobilize communities that are ready to get their hands digitally dirty. Whatever your concern, Deskmag offers some tips and solid advice taken from coworking spaces that achieved their crowdfunding goals.

  • How a coworking space imagines corporate coworking

    Austin is an economic boomtown with newcomers locating there everyday. Many people looking for a coworking space in the city end up at Conjunctured, run by very attentive, forward-thinking people with an eye for design and a heart for mankind. They are launching a pioneering initiative called corporate coworking, bring the coworking model into the heart of the corporate body in order to reshape and revitalize corporate structure so they attract and retain the best minds the U.S. workforce has to offer.

  • Coworcation: The most productive holiday you can take.

    In the wake of endless music festivals, BBQs in the park, beers on the roof and seeing all your friends post on Facebook about their exotic travel destinations, it’s safe to say: summer has officially arrived. But what about those of us who are self-employed, and in our world, the idea of taking a vacation is somewhat abstract. Deskmag has considered the freelancer, and has figured out a way that you can combine productivity and relaxation, through a couple of very special coworking projects….

Previous | 1 | 2 | 3 | 4 | 5 | 6 | Next
Essensys - Your Management Tool For Coworking Spaces
Coworking Resources from A to Z
Profitability of Coworking Spaces