THE FUTURE OF OFFICES
Signature Works is a provider of new generation, flexible work space. Our business model is very straightforward and has been employed by the health and fitness industry for decades with much success. This non-linear model operates on the same principle as gym membership. Here’s how:
Signature Works Members pay a flat monthly membership fee that entitles them to 24-hour use of our work spaces and facilities, all set within beautiful buildings in important cities.
As with a gym, profitability is maximised through membership volume. Although a gym may have just 100 pieces of equipment, it almost certainly has more than 100 members. That’s because people come and go at different times, allowing the gym to enrol thousands of members.
If you substitute desk space, video-conferencing and internet connectivity for gym equipment in this scenario, you can see the principles Signature Works was founded on. Up to 10 members can utilise one of our desk spaces, drawing multiple revenues from single workspaces.
WHY PEOPLE LOVE CO-WORKING
There are several reasons people favour using co-working spaces over the office commute. Here are a few of them:
CO-WORKING AS AN INVESTMENT
Traditional office life is on its way out and has been replaced by business lounges, coffee-shop- inspired spaces and short term serviced office lets, in an international shift to co-working.
WeWork, a New York Based startup that offers co-working office spaces to travelling entrepreneurs is now worth around $16 billion since being founded in 2010, according to The Wall Street Journal. With gains like these it is unsurprising that investors want a piece of the co-working pie.
The sharing economy has attracted interest through rise of companies like AirBnB and Uber, offering to save people money by creating an ethic of pooling resources and sharing technology. Signature Works co-working spaces play into this popular hand, mingling it with some truly beautiful real estate in a formula that is proving exceptionally popular among co-workers.
It is predicted that by 2022, most of us will be working remotely through various cloud technologies and from almost wherever we choose – providing it has a decent WiFi connection. It is the rise of cloud technology in particular that has allowed for a less strict office regime, enabling the looser working arrangements of co-working spaces.
As an investment sector, co-working is exceptionally robust and because it has evolved and grown since the global financial crisis, it has natural protection against recessionary climates. With a fully titled holding in Signature Works co-working spaces, you’ll be invested in one of the most secure and low risk products currently on the market.