At Flywheel Coworking, we often hear from potential members who are comparing the costs of coworking to traditional subleases for office space. While it’s true that coworking might appear more expensive upfront, we believe in providing a complete picture of the costs involved. That’s where the concept of Total Cost of Occupancy (TCO) comes in.
What is Total Cost of Occupancy (TCO)?
TCO is a financial metric that takes into account all the expenses associated with occupying office space, beyond just the rent. It’s a comprehensive way to understand the true cost of a workspace...
It’s not always easy to admit the ways in which we are struggling. It has been nearly three years since the COVID-19 pandemic grinded businesses to a halt and set us all along a path of immense change. We all want to move on, reluctant to concede that some things have remained difficult to overcome. The reality, however, is that businesses all over the world are still dealing with the fallout of post-pandemic disconnection—something Flywheel is dedicated to helping people overcome.
Understanding Post-Pandemic Disconnection
First, let’s talk about what post-pandemic disconnection is. It comes...
On December 8, 2022, we held our annual Chili Bowl for Flywheel Members and they brought the heat. Literally! It was a great day to be a Flywheeler and to be hungry! We gathered in the Social Commons for fellowship and food…but we, of course, needed to know whose chili was the best of the best.
To spice things up this year, the competition was split into two categories, Basic- think standard classic chili and Bougie- unique and creative creations, to keep things interesting and fun for all. Congratulations to our 2022 winners!
Our Basic winners:
Michael Seaback, “The Sky is...
Prior to the pandemic, many working parents longed to work from home to avoid time-wasting commutes and to spend more time with their families. As companies were forced to pivot and include remote working, some have kept that routine as they were able to reduce office space as a way to cut back on overhead.
However, what has also come to light over the past several years is that, for many, efficiency dropped because of distractions at home. An 8-hour workday could easily turn into a full day of work and family tasks, but not feeling like either one received quality attention. Multi-tasking family...
The recent global pandemic that shuttered office doors for months on end and permanently for many companies is slowly loosening its grip on our lives – both personally and professionally. The old ways of requiring employees to commute to a set physical location to complete work that can largely be completed easier and better remotely are no longer viable. The COVID-19 pandemic has served as a catalyst for cementing a shift in the workplace that has been coming for a long time. That shift is the hybrid workplace model.
The hybrid workplace model is not new, though it has grown exponentially...
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