Hi Cristina,
I’ve compiled a list of useful financial resources for coworking spaces. You can dowload a spreadsheet with an example of a coworking business plan here. There’s also this file that can be helpful.
My best tip is to keep it simple and don’t add too many lines for every single thing. Try to bundle those that are related together. You can do a simple back of the envelope calculation to figure out if the space can be profitable or not and how many members you need to have to be profitable (I explained this in GCUC workshops and also in the finance chapter of The Coworking Handbook).
If you are working on something that you want to present to banks, get a template file from your accountant and fill it up.
Don’t get carried away with spreadsheets: membership is easy to grow on paper, but you have to do something that seems plausible for you to do in real life.
I hope this helps you short things out.
Cheers,
Ramon
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On Tuesday, October 16, 2018 at 5:09:15 PM UTC+2, Gadei Cristina wrote:
Hello,
I’m working on a business plan in order to open a coworking space. Do you have any tips & tricks for me?
It would help me if you have a model business plan.
Thank you!