article thumbnail

10 Key Considerations For Commercial Real Estate Owners And Investors Entering the Coworking Industry

Allwork

Entering the coworking industry requires careful consideration of several key differences and challenges compared to traditional commercial real estate. It’s also important to establish a sound financial management plan to monitor and optimize expenses and revenue streams.

article thumbnail

WeWork Has Slashed $3.7 Billion in Lease Expenses So Far

Allwork

billion in lease expenses cut through amendments and rejections. The outcome of WeWork’s lease renegotiations and its post-bankruptcy strategy will likely not severely influence the overall growth of the flexible workspace industry. Billion in Lease Expenses So Far appeared first on Allwork.Space.

Expenses 162
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Labor Strikes Affect Industries Around The World

Allwork

Why it matters: Employment within these industries is greatly being affected by increased inflation rates. How it’ll impact the future: Employment might become too expensive within these industries if significant wage increases are passed. manufacturing sites in May, according to Reuters.

article thumbnail

Will The Cascade Of Bank Collapses Break The Coworking Industry?

Allwork

Three banking pillars in the tech industry in California have collapsed, with the announcement of a winding down of Silvergate Bank, the sudden closure of Silicon Valley Bank and the forced shutdown of Signature Bank. As I see the industry, it could, but not in the same way. Could the same happen again?

2001 342
article thumbnail

Layoffs Grab Headlines, But This Is Where Companies Are Really Trimming Their Expenses

Allwork

Although tech layoffs have claimed the majority of workplace headlines recently, this trend is still largely industry-specific and isn’t necessarily applicable to all companies. These layoffs are coming from a need to consolidate expenses due to the forecasted recession and high inflation. .

Expenses 130
article thumbnail

Industrious Expands Its South Florida Presence With Two New Coworking Spaces

Allwork

Industrious is continuing its impressive expansion across the country, adding two new locations in South Florida. . Industrious will also expand its 45,000 square foot coworking space in Downtown Miami’s Sabadell Financial Center, where it will add an additional 12,261 square feet. . “It

2023 130
article thumbnail

The SUCCESS Interview: Puneet Nanda on Disrupting Industries and Making Wellness Products Accessible for All

Success

I saw that there was a gap, where they had an amazing product, but it was, like, 10 times more expensive than it should have been. My aim is: How do I disrupt the old, tired ways that have been continuing since the industrial age? In my yoga studio, there were a lot of young women using essential oils. We are all about disruption.