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Glossary Category:

Booth Space

A dedicated private space for focused meetings.

Bootstrapping

Starting your business the good old fashioned way: with little (own) money and sweat capital, and reinvesting your earnings.

Breakout Spaces

Any space open to the workforce, visitors and partners which is separate from the usual working area. This area is designed for employees to relax,

Broker

Brokers help match businesses or individuals with available flexible workspaces globally. They work as a third-party agent in the tenant/landlord or client/operator agreement process; they

Bubble

Concept that is being on debate at the moment and is related with startups and other companies investment.

Burn Rate

The amount of cash that a company consumes each month in order to continue operations. Occasionally refers to total expenses, but more commonly used to

Business Center

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A business centre is a professionally managed commercial facility that offers an end-to-end business infrastructure for short, medium, and long-term durations. In other words, it’s

Business Continuity

Business continuity is a service offered by most business centre locations. This is actually emergency planning and assistance should a disaster occur to a company.

Business Lounge

A business lounge is a purpose-built facility (like a room at an airport for business class passengers) in a flexible space environment. Business lounges are

Business Plan

A document utilized by management and relied upon heavily by some investors, that entrepreneurs use in detailing their business concept as well as their company’s