Tag Archives: finance
Highlights from a panel at Coworking Europe, during which co-founder Thom Wenke spoke about his experiences gaining funding for three coworking spaces. From private loans to seed funding, Thom explained the various methods he came across and the pros and cons of each.
November 27, 2020
Two out of three employees are feeling more stressed than before the pandemic; much of this anxiety comes from financial concerns. Allwork.Space spoke to Erika Zauner, founder of HealthKick, to understand how organizations can provide financial support for their employees, and why they should.
November 11, 2020
Do You Feel Financially Well? Employers Are Investing In Holistic Programs To Improve Financial Wellness
Although financial wellness has declined in recent months, employers are offering holistic financial wellness programs for the benefit of their workers. Why? Because employers recognize that financial wellness has a direct impact on their employees’ overall happiness, which leads to better productivity.
September 30, 2020
Will Kinnear, Director at GKRE, offers guidance to flexible workspaces facing operational challenges during COVID-19. Instead of rushing to landlords and asking for a rent holiday, operators should fully understand how their business is going to be affected over the next few months.
March 30, 2020
Many flexible space operators are now in conversation with their landlords to try and reduce costs over the next few months. In a webinar hosted by GCUC, Giovanni Palavicini, a real estate strategist, shared insights on how flexible workspace operators can approach their landlords.
March 26, 2020
Financial wellness means being stress free and achieving financial stability. With 1 in 4 employees believing their workplace should offer support for financial matters, it’s time more companies started offering a cohesive and holistic financial wellness program for their workforce.
November 25, 2019
Following the former WeWork CEO’s decision to step down, it’s clear that Adam Neumann’s mission to raise the world’s consciousness hasn’t yet reached its fairytale ending. This comes amid growing evidence that a recession is coming as soon as next year. How will this affect the supply-and-demand dynamics of the flexible office market?
September 26, 2019
WeWork has officially filed to raise $1 billion in an initial public offering. However, the publication of its prospectus reveals huge losses and debts, with no time frame to become profitable.
August 14, 2019
WeWork is using an unusual corporate structure for its IPO, which means it can legitimately avoid certain corporation taxes. The company owners can avoid the double taxation of a corporation, while retaining access to the wider market to raise capital.
August 14, 2019
Although more research is needed to establish the link between coworking allocation and property value, initial findings from CBRE suggest that a building with 40% coworking or less will achieve greater than average value for office buildings in their market.
January 22, 2019
WeWork’s bond trading value has dropped — possibly due to the market’s lack of long-term confidence in their success and ability to repay their debt. This latest knock could affect the company’s success rate in achieving funding, along with its ability to access certain buildings.
January 7, 2019
The highest hidden cost of operating a coworking space is high staff turnover, as it costs coworking spaces a lot of time, money, and potentially members.
October 11, 2018