Budgeting for a Co Work Space

I am looking to set up a co work space in Vancouver, where I am from. I am interested in learning some of the expense items I can expect in day to day operations. Also, is there some generic revenue model that I could use as a foundation. On the spectrum of revenue streams, i see it as being somewhere between a restaurant model (that turns tables daily) to monthly memberships.

Anything would be helpful!

Thank you

Darryl

Community first and build on that, not turning desks daily.
That said - most genuine coworking spaces have flex-desks or hot-desks as part of their model (we do!) But the goal is community and that doesn’t start with desks or space.

It also depends if you want to make any money, some money or a bit more than some money.:slight_smile:

Alex should chime in with a link to his blog, but the short formula is start with Community (find those you want to work and do life with) then Commitment (depending on size of space needed, get 6-10 committed community coworkers to find a space where the accumulated monthly investment = your rent for said space), then work on ongoing Care for the community.

Chad Ballantyne

705.812.0689

ch…@thecreativespace.ca

Barrie’s Coworking Community

Perfect for small businesses, startups and entrepreneurs.

12 Dunlop St E, Barrie Ontario, L4M 1A3

Memberships start at $25/mth

www.thecreativespace.ca

705-812-0689

···

On Apr 19, 2014, at 9:31 PM, Darryl Bosa [email protected] wrote:

I am looking to set up a co work space in Vancouver, where I am from. I am interested in learning some of the expense items I can expect in day to day operations. Also, is there some generic revenue model that I could use as a foundation. On the spectrum of revenue streams, i see it as being somewhere between a restaurant model (that turns tables daily) to monthly memberships.

Anything would be helpful!

Thank you

Darryl

Visit this forum on the web at http://discuss.coworking.com


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The links Chad was referring to:

http://dangerouslyawesome.com/2012/01/how-much-does-it-cost-to-start-a-coworking-space/

And this related:

http://dangerouslyawesome.com/2011/09/how-to-fund-your-coworking-space/

-Alex

···


/ah
indyhall.org
betterwork.co

On Mon, Apr 21, 2014 at 6:55 PM, Chad Ballantyne [email protected] wrote:

Community first and build on that, not turning desks daily.

That said - most genuine coworking spaces have flex-desks or hot-desks as part of their model (we do!) But the goal is community and that doesn’t start with desks or space.

It also depends if you want to make any money, some money or a bit more than some money.:slight_smile:

Alex should chime in with a link to his blog, but the short formula is start with Community (find those you want to work and do life with) then Commitment (depending on size of space needed, get 6-10 committed community coworkers to find a space where the accumulated monthly investment = your rent for said space), then work on ongoing Care for the community.

Chad Ballantyne

705.812.0689

ch…@thecreativespace.ca

<TheCreativeSpace-door-decal.png>

Barrie’s Coworking Community

Perfect for small businesses, startups and entrepreneurs.

12 Dunlop St E, Barrie Ontario, L4M 1A3

Memberships start at $25/mth

www.thecreativespace.ca

705-812-0689

On Apr 19, 2014, at 9:31 PM, Darryl Bosa [email protected] wrote:

I am looking to set up a co work space in Vancouver, where I am from. I am interested in learning some of the expense items I can expect in day to day operations. Also, is there some generic revenue model that I could use as a foundation. On the spectrum of revenue streams, i see it as being somewhere between a restaurant model (that turns tables daily) to monthly memberships.

Anything would be helpful!

Thank you

Darryl

Visit this forum on the web at http://discuss.coworking.com


You received this message because you are subscribed to the Google Groups “Coworking” group.

To unsubscribe from this group and stop receiving emails from it, send an email to [email protected].

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Visit this forum on the web at http://discuss.coworking.com


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Like the coworking super hero that he is, Alex swoops down from the inter-web to unleash his Weapons of Mass Instruction!!
:slight_smile:

Chad Ballantyne

705.812.0689

ch…@thecreativespace.ca

Barrie’s Coworking Community

Perfect for small businesses, startups and entrepreneurs.

12 Dunlop St E, Barrie Ontario, L4M 1A3

Memberships start at $25/mth

www.thecreativespace.ca

705-812-0689

···

On Apr 21, 2014, at 7:01 PM, Alex Hillman [email protected] wrote:

The links Chad was referring to:

http://dangerouslyawesome.com/2012/01/how-much-does-it-cost-to-start-a-coworking-space/

And this related:

http://dangerouslyawesome.com/2011/09/how-to-fund-your-coworking-space/

-Alex


/ah
indyhall.org
betterwork.co

On Mon, Apr 21, 2014 at 6:55 PM, Chad Ballantyne [email protected] wrote:

Community first and build on that, not turning desks daily.

That said - most genuine coworking spaces have flex-desks or hot-desks as part of their model (we do!) But the goal is community and that doesn’t start with desks or space.

It also depends if you want to make any money, some money or a bit more than some money.:slight_smile:

Alex should chime in with a link to his blog, but the short formula is start with Community (find those you want to work and do life with) then Commitment (depending on size of space needed, get 6-10 committed community coworkers to find a space where the accumulated monthly investment = your rent for said space), then work on ongoing Care for the community.

Chad Ballantyne

705.812.0689

ch…@thecreativespace.ca

<TheCreativeSpace-door-decal.png>

Barrie’s Coworking Community

Perfect for small businesses, startups and entrepreneurs.

12 Dunlop St E, Barrie Ontario, L4M 1A3

Memberships start at $25/mth

www.thecreativespace.ca

705-812-0689

On Apr 19, 2014, at 9:31 PM, Darryl Bosa [email protected] wrote:

I am looking to set up a co work space in Vancouver, where I am from. I am interested in learning some of the expense items I can expect in day to day operations. Also, is there some generic revenue model that I could use as a foundation. On the spectrum of revenue streams, i see it as being somewhere between a restaurant model (that turns tables daily) to monthly memberships.

Anything would be helpful!

Thank you

Darryl

Visit this forum on the web at http://discuss.coworking.com


You received this message because you are subscribed to the Google Groups “Coworking” group.

To unsubscribe from this group and stop receiving emails from it, send an email to [email protected].

For more options, visit https://groups.google.com/d/optout.

Visit this forum on the web at http://discuss.coworking.com


You received this message because you are subscribed to the Google Groups “Coworking” group.

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Visit this forum on the web at http://discuss.coworking.com


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