Is Your London Coworking Space Bleeding Cash on Virtual Offices?
That's fifty quid a month virtual office client. Looks like easy money, doesn’t it? A nice little top-up to your coworking space’s income. Multiply that by, say, 50 clients, and you’re suddenly dreaming of a cool £30,000 dropping into your bank account each year. And for what? Just handling a bit of mail, right? It’s a tempting thought, especially when you’re battling London’s brutal market. But hang on a minute. Before you start mentally spending that cash, let’s ask a really uncomfortab
What Emotional Safety Really Looks Like in a Coworking Space
This week is Mental Health Awareness Week and European Coworking Day. So I've been writing nonstop about where mental health and coworking meet, with stories from Coworking Values Podcast guests and my direct experience of mental health and coworking. Below are four reads from this week: * Coworking saved my mind. But it can't save everyone. * The Loneliest People Walk Past Our Doors * Coworking doesn't save everyone. But it saves some of us. * You Can't Heal in the System That Made You
Virtual Offices: The Regulatory Nightmare London Operators Blissfully Ignore
So, you reckon offering virtual offices is just a case of assigning an address and popping some mail in the post? Dream on. For London coworking operators, especially the independents, it’s more like trying to cross a minefield wearing a blindfold. Under that shiny surface of easy cash lies a tangled, treacherous web of rules and regulations. The kind most operators haven’t got a clue about until it all blows up in their face. And we’re not talking about a bit of annoying paperwork here. W
Virtual Office Income: The £30k Illusion That Costs More Than Cash
Virtual offices. They dangle the promise of easy income. Especially for London’s independent coworking spaces feeling the squeeze. You do the maths: Fifty clients, each chipping in a neat £50 a month. Bingo. That’s £30,000 a year. Seemingly for nothing more than letting folks use your address and handling a bit of post. Sounds like a dream, right? A simple, no-sweat way to beef up the bank balance using something you’ve already got – your postcode. But here’s the rub. And it’s a big one.