The research, conducted, discovered that 81 percent of us spend roughly three and a half hours working from a coffee shop every week and it’s not just start-ups or self-employed workers doing so.‘We each spend an average of £2,160 a year working from coffee shops – but we close business deals worth £14.5bn to the UK economy’ Findings from the research included:
- Business deals closed in a coffee shop represents an estimated £5bn for the economy.
- One-third of Brits have closed a business deal in a “
- 56 per cent of respondents work from a coffee shop on a weekly basis.
- On average, we spend up to £10 on food/drink each working session. Whilst 43 per cent of us are concerned with the lack of privacy in a coffee shop, 1 in 3 people have attended a job interview there.
- 67 per cent of respondents said their place of work supported the idea of working from a “coffice”, perhaps proving that companies are more forward-thinking than ever before.
- The average working session in a coffee shop lasts for 93 minutes. Contrary to what might be a common assumption that the self-employed may be more partial to working in a coffee shop, three in four employees in large-sized businesses (250+ employees) often decide to shun the office for the coffee shop, with the approval of their bosses no less.
- These bosses may be increasingly aware of the added monetary value that working from a “coffice” The data shows that coffee shop workers have great success in closing business deals, valued at an average of £1,732 each, representing an estimated £14.53bn contribution to the UK economy.
- The “coffice”, however, does come with its own costs. When considering travel and food/drink expenses, the average Brit spends over £2,160 a yearworking from a coffee shop, 8 per cent of their salary, and this climbs to nearly £2,600 for the self-employed worker. Suddenly the WIFI isn’t so free.
If buying a hot drink is a form of “coffice” rent, then what is the coff-preneur’s drink of choice? In a thoroughly UN-British turn of events, only 8 per cent of us choose a cup of tea to power our work. In fact, it is the Italian cappuccino that fires British business (26 per cent), closely followed by a latte (21 per cent).
“This new research shows the rise of the “coffice” as a place for Brits to work and cut business deals.
With 13 percent of us working out of a coffee shop every day and the UK coffee shop market experiencing strong growth that is forecast to continue, the “coffice” trend is also set to maintain popularity for a while yet.