Now more than ever, companies have begun to opt out of renting space in large offices buildings. But, that does not mean everyone is working from home.
According to Fortune/Deloitte's January 2021 CEO Survey, more than one-third of their employees will continue to work from home even a year from now. In the same survey, 76% of CEOs said their organization needs less space moving forward.
LocalWorks provides inexpensive local workspace for people and businesses seeking for flexible opportunities to work remotely without working from home.
Why Companies Buy/Lease Office Buildings
Before the COVID-19 pandemic hit, companies would buy or lease office buildings in attractive locations to drive the interest of the best local workers. They would be close to nice downtown areas, bars, restaurants, or within convenient driving distance to such places.
Through a local workspace, companies can accomplish that same goal without spending as much money. Companies like LocalWorks forge relationships with major commercial property owners in desirable locations. More importantly, they are a fraction of the cost of leasing/buying an entire office building.