CWSC 2023: The recap

Landlords who are looking to adopt the flexible workspace model can consider the revenue share and outsourcing options to increase profits and reduce risks. By partnering with a coworking operator, landlords can share the financial burden and tap into their expertise in managing flexible workspaces. Revenue sharing allows landlords to earn a percentage of the coworking operator’s profits while outsourcing transfers the operational responsibilities to the operator. This approach allows landlords to focus on their core business while generating additional revenue from underutilized spaces. However, landlords must carefully evaluate the terms and conditions of the partnership to ensure a fair and sustainable agreement for both parties.