Shared Office Start-up

Shared Office Startup Features Shared Office Start-up Costs

Shared Office Startup Features
Shared Office Start-up Costs

How long will it be possible to start a shared office?

The shared office began to attract attention as an advanced work environment five to six years ago. However, it is a space that has been in the spotlight recently as the COVID-19 incident has raised the form of work such as telecommuting and distributed work.
In particular, even now that both COVID-19 and social distancing have calmed down, each company has a policy to continue working from home, drawing more attention from start-ups.
Today, we are going to summarize the prospects, pros and cons of starting a shared office, and profits. At the bottom of the article, we will also organize tips on communicating with small business owners and self-employed people related to shared offices, so please read the article until the end.

What is the current market for shared offices?

□ The domestic shared office market began to grow rapidly in 2016, starting with Global Brand WeWork.
□ In particular, as the number of telecommuters increased due to COVID-19, we pointed out the desire of people to work in a third space, not at home, office, or cafe.
In the case of □ large companies, it is also used as well. Currently, LG Energy Solutions and Vespin Global are operating their base offices using shared office spaces.
□ The global shared office market is worth 10 trillion won and 770 billion won in Korea. The shared office market is expected to expand gradually in the future.

Shared Office Start-up

We found out the pros and cons of starting a shared office

The □ shared office market is expected to gradually expand globally. Therefore, the prospect of starting a business is also good.
86% of □ global companies say they continue to work from home or remotely even after the end of COVID-19. Depending on global companies, domestic companies are also expected to keep up with this trend.
□ As the working environment such as the flexible work system and the hybrid work system increases, the demand for shared offices is expected to increase.
□ However, due to the structure of generating profits through the sublease of the building, expenditures such as rent continue to be fixed, but income is flexible.
□ With more and more companies ordering people to stop telecommuting and go to the office, income is changing more and more.
□A higher vacancy rate increases the loss, but the expenditure is still fixed.


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Go to Shared Office Startup Experience

A tip for those who want to start a shared office!
It is a place where you can get real stories, know-how, and tips from various small business owners and self-employed people, including study cafes and restaurants, as well as shared offices.

What about the cost and revenue of starting a shared office?

□ The cost of starting a shared office is at least 70 million won based on 50 pyeong. It is around 1.2 million won per pyeong, and the cost may vary depending on the interior or commercial area.
□ Average monthly sales are at least 5 million won.
□ If you calculate fixed rent and maintenance costs, your monthly income is more than 2.5 million won.

There are many prospective start-ups who are paying attention to shared offices as their work patterns have changed due to COVID-19.
If you are worried about starting a business, please consider the cost of starting a business, pros and cons, and profits before starting a business wisely.