The Office Providers

How We Adapted Our Remote Work Business Amidst A Challenging Economic Climate [Update]

Mike Gardener
$14K
revenue/mo
1
Founders
3
Employees
The Office Providers
from Manchester, UK
started April 2018
$14,000
revenue/mo
1
Founders
3
Employees
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Several forces are still working against many sectors, and as we are a B2B business working with clients across a wide range of industries, these are causing adverse business conditions.

The number of insolvencies is at the highest level in years, and more and more start-ups are failing. Layoffs continue in several sectors, creating business inertia and layoff anxiety for employees.

These conditions are caused by high interest rates, high operating costs, and other macroeconomic uncertainties created by wars and government elections.

Many businesses are struggling to pay off bail-out loans, also known as ‘bounce-back’ loans, taken out during the pandemic because the economy has yet to bounce back.

However, concurrently, there is an ongoing seismic shift in how businesses work, with many enterprises adopting flexible and hybrid working policies whereby employees work from home some of the time and in the office some of the time.

While some businesses are looking to return to a full-time, in-office model, many are adopting a hybrid working model. And those in both camps are increasingly utilizing the flexible office and...

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