Coworking Space

Despite challenges in the venture-backed segment of this sector, coworking remains a great cash flow business concept

Co-working spaces offer flexible, shared work environments for freelancers, remote workers, and small businesses. In recent years, the co-working industry has grown significantly, expanding at an annual rate of 11.3% in the US between 2015 and 2020 (IBISWorld, 2020). The pandemic has had mixed impact on co-working, with some CBD locations struggling while others benefit from more distributed workforces. Overall, coworking capitalizes on shifting work patterns and the increasing demand for flexible office solutions.