A virtual office is part of the flexible workspace industry that provides businesses with any combination of services, space and/or technology, without those businesses bearing the capital expenses of owning or leasing a traditional office.
Hot desking is an office organization system that involves multiple workers using a single physical work station or surface during different time periods. The "desk" in the name refers to a table or other work space being shared by multiple workers on different shifts as opposed to every staff member having their own personal desk. A primary motivation for hot-desking is cost reduction through space savings—up to 30% in some cases. Hot desking is especially valuable in cities where real estate prices are high.
A serviced office is an office or office building that is fully equipped and managed by a facility management company, also known as an office provider, which then rents individual offices or floors to other companies. Serviced offices, also referred to as managed offices, flexible offices, business centers, executive suites or executive centers, are often found in the business districts of large cities around the world. A serviced office broker will commonly help business center owners and facility management companies to rent serviced office space. Companies offering serviced offices are generally able to offer more flexible rental terms, as opposed to a conventional leased office which may require furnishing, equipment, and more restrictive leases. Space is normally flexible, allowing for additional space to be allocated at short notice, should the size of an individual business change. Serviced office providers often allow tenants to share reception services, business machines and other resources, providing reduced costs and access to equipment which may otherwise be unaffordable. By providing businesses with access to a workplace, technology and people central to its operations, the serviced office can be considered a type of virtual office. Serviced offices are a central component to the flexible workspace industry.
Coworking is an arrangement in which workers for different companies share an office space. It allows cost savings and convenience through the use of common infrastructures, such as equipment, utilities and receptionist and custodial services, and in some cases refreshments and parcel acceptance services. It is attractive to independent contractors, independent scientists, remote workers, digital nomads, and people who travel frequently. Additionally, coworking helps workers avoid the feeling of social isolation they may experience while remote working or traveling and eliminate distractions in home office. Most coworking spaces charge membership dues. Major companies that provide coworking space and serviced offices include WeWork, IWG plc, Industrious, and Impact Hub.
Servcorp Limited is a multinational organisation that sells Serviced Offices, Virtual Offices, Coworking Spaces, Meeting Rooms, Community Packages, and IT Services to entrepreneurs, startups, SME's and large enterprises. It was established in 1978 and listed on the Australian Stock Exchange in 1999. As of 9 December 2020, it operates in 125+ business centres in 43 cities across 21 countries. The company currently has 85 coworking locations globally.
An executive suite in its most general definition is a collection of offices or rooms—or suite—used by top managers of a business—or executives. Over the years, this general term has taken on a variety of specific meanings.
Colony Square is a mixed-use development and sub-district in Midtown Atlanta, Georgia, located on Peachtree Street in between 14th and 15th Streets. The oldest high-rise development in Midtown, the sub-district was built between 1969 and 1975, with Henri Jova of Jova/Daniels/Busby serving as principal architect. It was the first mixed-use development in the Southeast.
Michael Cheng is a Canadian entrepreneur. Cheng co-founded Lumen5, Sniply, Beta Collective, Covr, Needle HR, WittyCookie, TEDxSFU, and 12 other ventures.
Expansive, formerly Novel Coworking, is an American co-working and office rental company. Its main clientele are small businesses, such as entrepreneurs and satellite office teams, needing flexible office space.
UVR Media, LLC is an American media company that operates UploadVR, a virtual reality-focused trade publication website.
Alex Mativo is a Kenyan entrepreneur and fashion designer.
JustCo is a Singaporean company that provides coworking workspaces for individuals and companies. Headquartered in Singapore, JustCo was founded in 2011 by Kong Wan Sing, its current CEO, alongside co-founders Liu Lu and Kong Wan Long, as a response to increasing demand for flexible workspaces. Initially focused on Singapore, the company expanded to provide office space in cities across eight countries in the Asia-Pacific region: Singapore, Japan, Indonesia, Thailand, Australia, China, South Korea and Taiwan.
Hera Hub is a female-focused coworking space and business accelerator founded in San Diego, California, United States.
Miguel McKelvey is an American businessman, and the co-founder and former chief culture officer of WeWork.
The Office Pass (TOP) is a neighborhood co-working tech platform and operator, headquartered in Gurgaon, India, that connects companies and professionals with office space located near them.
Ucommune, formerly known as UrWork, is a Beijing-based co-working space provider founded in 2015 by Mao Daqing. It is now the second-largest co-working space provider after WeWork, with properties in three dozen cities around the world, including Shanghai, Singapore, Hong Kong and New York City. The company was valued at 1.8 billion US dollars in August 2018, making it the first domestic unicorn in the Chinese co-working space, but by November 2018, Ucommune had completed its D round of financing, securing a valuation of 2.4 billion US dollars. In February 2019, it was reported that the company was seeking to list on the NASDAQ at a valuation of $3 billion.
Leanne Kemp is an Australian tech entrepreneur. She is the founder and CEO of Everledger and was Queensland Chief Entrepreneur.
Collins Key is an American YouTuber, entertainer, and magician. As of December 2020, his channel has amassed more than 24 million subscribers, generating more than 170 million views per month with over 5.4 billion total lifetime views. As a magician, he was a finalist on the eighth season of America's Got Talent, and later toured as part of Demi Lovato's Neon Lights tour.
SOHO China is a Chinese building developer, primarily in the office and commercial sector, with some residential and mixed-use properties in its portfolio. The company, which uses the name "SOHO" in both English and Chinese contexts, was founded in 1995 by Chairman Pan Shiyi (潘石屹) and CEO Zhang Xin (张欣). The name SOHO comes from the phrase "Smart Office, Home Office" as the company decided to combine office rooms and residential apartments in the same building to facilitate a comfortable and productive environment.
The Riveter is a for-profit company headquartered in Seattle, Washington. It is focused on supporting women in the workplace. It engages in political advocacy, provides office and work space, hosts events, and publishes content. It was named after Rosie the Riveter, a symbol for women in the workplace during World War II.
