Shared offices tend to be less successful if they are in rural areas. Many of your potential customers won't choose the venue if it takes a lot of time to reach. A vibrant city district, as opposed to a faraway place, that attracts young people of different professions will be a hit with freelancers and startups.

The additional revenue of shared desks, dedicated desk, conference rooms, and virtual mail will cover your additional expenses and profit. On average, coworking spaces bring in $4 per square foot of profit. This a broad and simplified measurement and includes the entire industry.

Coworking spaces, with their collaborative ambience and flexible arrangements, cater to the diverse needs of freelancers and startups. However, managed office spaces offer more tailored and customised solutions, providing large enterprises with the autonomy to curate their work environment.

But for decision-makers, a key question remains: Is there a positive return on investment (ROI) for businesses that choose coworking? The answer is a resounding yes. Coworking offers a multitude of benefits that translate into tangible financial gains and a happier, more productive workforce.