Illustration of a man in a button down shirt and tie with papers flying all around on fire and his hair on fire. coworking 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
Illustration in blue and yellow with black lineart with a man pressing forehead on a desk while a large disembodied hand holds a coin over his head. coworking 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.
