Investing in a coworking space franchise is a great way to tap into the coworking industry, which is experiencing steady annual growth as more professionals move into shared workspaces. This trend is driven by an overall need that professionals are recognizing to work somewhere other than their homes.
As a result, the hybrid work model is quickly becoming one of the most popular working styles in modern times. This flexible approach to employment allows employees and employers alike to take advantage of the benefits that come with shared office settings and remote work options.
According to Statista, there were only 542,000 people working from coworking spaces in 2017. In 2022, this was forecasted to increase to about 1.08 million.
After looking at the numbers, you might be interested in starting up your own coworking space franchise. Here’s what Office Evolution has to offer.
The Benefits of an Office Evolution Coworking Space Franchise Investment
Investing in a shared office space franchise can be a great way to get into the world of business ownership or expand your existing investment portfolio.
By leveraging a franchisor’s experience, resources, and expertise, business owners can quickly create an attractive working environment that is efficient and cost-effective. Additionally, you’ll be able to save time by eliminating the need to do market research or develop marketing strategies from scratch.
With a proven system already in place, you are able to focus on providing excellent customer service and creating a great atmosphere for your tenants.
These are some general benefits associated with coworking franchise opportunities, all of which you should expect to receive when you invest in an Office Evolution franchise. On top of these, we offer amazing competitive advantages you wouldn’t be able to find elsewhere.
A Coworking Space Franchise Investment that brings Recurring Revenue
Recurring revenue business models are becoming increasingly popular and for good reason. For businesses, the primary benefit of these models is that they offer a highly predictable stream of income.
A recurring revenue business model offers many benefits to companies of all sizes. For starters, businesses with a recurring revenue model are less vulnerable to economic downturns and market fluctuations than those without one. This makes it easier for such companies to weather the storm and remain profitable over long periods of time.
As an Office Evolution franchise owner, you can leverage a subscription-based business model, ensuring that over 93% of your income is recurring.
Flexible Coworking Space, for Lifestyle Working Hours
It’s increasingly important to maintain a healthy work-life balance. This allows us to manage our responsibilities in all areas of our lives without getting overwhelmed or overworked. A good work-life balance can help reduce stress, improve productivity and creativity, and make it easier to focus on what’s truly important.
Ultimately, maintaining a healthy work-life balance will make you happier and healthier in all aspects of your life – so it’s worth taking time out from your busy schedule every now and then!
Office Evolution franchisees enjoy lifestyle working hours which are Monday to Friday, 8 a.m. to 5 p.m.
Working with B2B clients can offer businesses a wide range of benefits. It can help companies create stable, long-term relationships that benefit both sides. B2B clients also often have more resources at their disposal than individual customers, meaning they are able to occupy more space for longer periods of time.
Overall, there is great potential for success when companies focus on building relationships with clients through the use of B2B solutions. In addition to increased sales and profits, businesses gain access to improved customer loyalty, increased trust among industry peers, tailored services based on client needs, higher levels of customer service satisfaction, and wider market reach due to better reputation within their industry verticals.
At Office Evolution, you’ll have professional clients just like you.
A semi-absentee employment model allows business owners to staff their locations in a more cost-effective manner. This is particularly the case for businesses like coworking spaces which do not always need a full staff complement.
A core benefit of a semi-absentee employment model is increased productivity. By not requiring employees to commit to long hours every week and by allowing them to work at times convenient for them, businesses can maximize productivity by ensuring that all work tasks are handled efficiently and effectively by well-rested individuals who are willing and able to do their best work.
When you invest in an Office Evolution franchise, you hire one salaried, professional employee. That’s it.
Are you ready to join the Office Evolution flexible workspace revolution? Contact us today to get started franchising with us.