Monthly Archives: May 2019

Hot Business News Today

Co-working space versus traditional office – which is better?

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Originally written by Timothy Adler on Small Business
We’ve all seen them. Bearded hipsters playing table football in the street-level windows of co-working spaces. Or punky girls sprawled on beanbags poring over laptops. These slightly intimidating co-working spaces are sprouting on every high street.
Indeed, the market for flexible office space in Britain is growing at 13pc per annum, according to CBRE research.
London has cemented its position as the global leader for flexible workplaces, outstripping New York in terms of both space and number of venues. Since 2012, flexible workplace leasing has carved out a 10.6pc share of the market in London, compared with an average 2.9pc in Manhattan, according to estate agent Cushman & Wakefield.
In fact, expansion in London has been so fast that WeWork is the second-largest occupier of office space in the capital after the government.
As a trend, flexible working shows no sign of slowing down.
IWG, the world’s largest service office group, posted a double-digit rise in revenue in Q1 2019, with occupancy up 4.2pc.
Up to 30pc of office space could be flexible workspaces by 2030, according to JLL Research. up from 2pc today.
Chantal Robinson, operations director at co-working space LABS, says: “The way we work is changing. People

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Hot Business News Today

Nearly half of co-founders buy their business partners out – survey

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Originally written by Timothy Adler on Small Business
More than two fifths (43pc) of company founders are forced to buy their co-founders out of their businesses due to rifts and power struggles.
The most common reason for founding teams to split is a difference in opinions over the company’s direction, according to a survey by venture capitalist Fuel Ventures.
Of the 43pc of founders who’d been forced to buy out their fellow co-founder, more than two thirds (71pc) said it was due to “a difference of opinions for the company’s direction”, while 18pc said they felt their former partner “didn’t reciprocate their beliefs/values”.
And nearly all of those founders who’d split said the schism was triggered by “a single specific disagreement”, following a period of dispute or unrest within the founding team.
Nearly three quarters (73pc) of founders said they would never co-found a business again. And 81pc of those who would consider co-founding a business again said they would only do it with someone “they knew well”.
As to why entrepreneurs felt they needed a co-founder, 57pc of those surveyed said they felt more confident and comfortable having someone to run the business with, while one third (32pc) said they felt obliged to have a

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