As work shifts away from the traditional office-based 9-5, coworking has become a major growth industry. Globally, there are some 2 million coworking members, a number that is rising substantially year-over-year. While the big names in coworking, such as WeWork, have traditionally been a draw for freelancers, startups, and small businesses, there’s been an increasing shift towards local, boutique coworking.
There are several reasons for this trend.