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A coworking space in Berlin. Coworking is an arrangement in which workers for different companies share an office space. It allows cost savings and convenience through the use of common infrastructures, such as equipment, utilities and receptionist and custodial services, and in some cases refreshments and parcel acceptance services. [1]
Setup costs (dividing the space with fake walls) Management Software costs (resource management, reception desk software, meeting room management and so on) The arrangement can be particularly sensitive in the case of attorneys and MDs - in such cases, a legally-binding Office Sharing Agreement should be carefully considered and redacted.
The official first "Coworking space" opened in San Francisco by Brad Neuberg. That same year, the first Impact Hub coworking space launched in London. 2006: Frank Cottle introduced the concept of wholesaling virtual offices and services to third-party retailers. This launched an influx of virtual office companies that still operate today. 2019
Industrious, headquartered in New York City, provides coworking spaces to companies and individuals. It was founded in 2012 and operates in more than 200 locations and 65 cities in the U.S., Europe, and Asia. [2]
WeWork Coworking Space in Vancouver. In January 2018, students taking online university courses from 2U were given access to WeWork common spaces and meeting rooms. [83] In December 2018, WeWork opened its first location on a college campus at the University of Maryland, College Park.
Hot desking (sometimes called "non-reservation-based hoteling") is a work office organization system where each space is available for any worker, rather than reserved for a specific worker, so different workers may use the same spot along the day or week. [1]
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