# Coworking Profit and Loss Calculator - beta **URL:** \ **Category:** Models & Profitability\ **Created:** [April 3, 2018, 9:55pm UTC](https://forum.coworking.org/t/coworking-profit-and-loss-calculator-beta/6281 "2018-04-03T21:55:00Z")\ **Posts on this page:** 7\ **Page:** 1
**Author:** ![Craig\_Baute\_Creative](https://forum.coworking.org/user_avatar/forum.coworking.org/craig_baute_creative/32/490_2.png) [@Craig\_Baute\_Creative](https://forum.coworking.org/u/Craig_Baute_Creative)\ **Post date:** [April 3, 2018, 9:55pm UTC](https://forum.coworking.org/t/coworking-profit-and-loss-calculator-beta/6281/1 "2018-04-03T21:55:00Z")
I have created a coworking profit and loss calculator that will estiamte your coworking spaces monthly profit and loss. It is based on 9 years of consulting and operating my own coworking space and talking to dozens of spaces that have been open for a year. I realized most of my consulting is based on a space’s feasibility and business modeling. This calculator will help give everyone some of that insight for free and fast. This is a tool to help evaluate a space and a lease to see if it makes financial sense. This calculator is not a guarantee that this income will be generated. It’s a guidepost for coworking spaces that will have a business model like most coworking spaces today. [https://creativedensity.com/coworkingcalculator/](https://creativedensity.com/coworkingcalculator/) You simply answer your space’s size, rent, the average price of a 1 - 2 person office in your area, if you are going to hire someone, and your coworking model and it will show you your estimated P/L of your 13th months. In order to keep this one automated and simple there isn’t a lot of customization based on hiring people, loans, efficiency of the space, marketing spend, amenities, etc. There is a more customized calculator that is being finalized this week or next. Please let me know if you have any questions. ---
**Author:** ![Jerome](https://forum.coworking.org/letter_avatar_proxy/v4/letter/j/a587f6/32.png) [@Jerome](https://forum.coworking.org/u/Jerome)\ **Post date:** [April 3, 2018, 10:08pm UTC](https://forum.coworking.org/t/coworking-profit-and-loss-calculator-beta/6281/2 "2018-04-03T22:08:07Z")
Wow Craig. This was pretty accurate for me. I would say it got within ±10% **JEROME CHANG** talk to us: (323) 330-9505 chat w/ us: [http://www.BLANKSPACES.com/chat](https://lc.chat/now/7173741/) **WEST: Santa Monica** | 1450 2nd St (@Broadway) (@Pershing Sq) **EAST: DTLA** | 529 S. Broadway, Ste 400 \*\*\*\* > **···** > > On Apr 3, 2018, at 2:55 PM, Craig Baute - Creative Density Coworking [bau...@gmail.com](mailto:bau...@gmail.com) wrote: > > > I have created a coworking profit and loss calculator that will estiamte your coworking spaces monthly profit and loss. It is based on 9 years of consulting and operating my own coworking space and talking to dozens of spaces that have been open for a year. I realized most of my consulting is based on a space’s feasibility and business modeling. This calculator will help give everyone some of that insight for free and fast. > > > > > > This is a tool to help evaluate a space and a lease to see if it makes financial sense. This calculator is not a guarantee that this income will be generated. It’s a guidepost for coworking spaces that will have a business model like most coworking spaces today. > > > > > > [https://creativedensity.com/coworkingcalculator/](https://creativedensity.com/coworkingcalculator/) > > > > > > You simply answer your space’s size, rent, the average price of a 1 - 2 person office in your area, if you are going to hire someone, and your coworking model and it will show you your estimated P/L of your 13th months. > > > > > > In order to keep this one automated and simple there isn’t a lot of customization based on hiring people, loans, efficiency of the space, marketing spend, amenities, etc. > > > > > > There is a more customized calculator that is being finalized this week or next. > > > > > > Please let me know if you have any questions. > > > – > > > > 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 [coworking+...@googlegroups.com](mailto:coworking+...@googlegroups.com). > > > > For more options, visit [https://groups.google.com/d/optout](https://groups.google.com/d/optout). ---
**Author:** ![Craig\_Baute\_Creative](https://forum.coworking.org/user_avatar/forum.coworking.org/craig_baute_creative/32/490_2.png) [@Craig\_Baute\_Creative](https://forum.coworking.org/u/Craig_Baute_Creative)\ **Post date:** [April 3, 2018, 10:33pm UTC](https://forum.coworking.org/t/coworking-profit-and-loss-calculator-beta/6281/3 "2018-04-03T22:33:45Z")
Great! 10% give or take is what I’m shooting for. In the next step up I’ll provide you with a breakdown of offices, furniture costs, breakdown of costs, etc. I’ll send it over to you when I’m complete with it. ---
**Author:** ![Craig\_Baute\_Creative](https://forum.coworking.org/user_avatar/forum.coworking.org/craig_baute_creative/32/490_2.png) [@Craig\_Baute\_Creative](https://forum.coworking.org/u/Craig_Baute_Creative)\ **Post date:** [April 4, 2018, 7:50pm UTC](https://forum.coworking.org/t/coworking-profit-and-loss-calculator-beta/6281/4 "2018-04-04T19:50:44Z")
There are some broken if/then statements in my formula. The results may not show P/L but total revenue at this point. ---
**Author:** ![John\_Vallas](https://forum.coworking.org/letter_avatar_proxy/v4/letter/j/35a633/32.png) [@John\_Vallas](https://forum.coworking.org/u/John_Vallas)\ **Post date:** [April 5, 2018, 4:59pm UTC](https://forum.coworking.org/t/coworking-profit-and-loss-calculator-beta/6281/5 "2018-04-05T16:59:40Z")
I just got one number, and I’m not sure if it’s positive or negative? > **···** > > On Wednesday, April 4, 2018 at 12:50:44 PM UTC-7, Craig Baute - Creative Density Coworking wrote: > > > There are some broken if/then statements in my formula. The results may not show P/L but total revenue at this point. ---
**Author:** ![Craig\_Baute\_Creative](https://forum.coworking.org/user_avatar/forum.coworking.org/craig_baute_creative/32/490_2.png) [@Craig\_Baute\_Creative](https://forum.coworking.org/u/Craig_Baute_Creative)\ **Post date:** [April 5, 2018, 5:07pm UTC](https://forum.coworking.org/t/coworking-profit-and-loss-calculator-beta/6281/6 "2018-04-05T17:07:57Z")
It’s positive. There would be a negative sign if it is negative. The calculator is now fixed with the correct formulas. ---
**Author:** ![Nicole\_Vasquez](https://forum.coworking.org/letter_avatar_proxy/v4/letter/n/cc9497/32.png) [@Nicole\_Vasquez](https://forum.coworking.org/u/Nicole_Vasquez)\ **Post date:** [April 7, 2018, 3:11am UTC](https://forum.coworking.org/t/coworking-profit-and-loss-calculator-beta/6281/7 "2018-04-07T03:11:57Z")
Craig - Thanks so much for sharing this with all of us!!! You have always been so helpful to other owners & operators, thank you! > **···** > > On Tuesday, April 3, 2018 at 4:55:00 PM UTC-5, Craig Baute - Creative Density Coworking wrote: > > > I have created a coworking profit and loss calculator that will estiamte your coworking spaces monthly profit and loss. It is based on 9 years of consulting and operating my own coworking space and talking to dozens of spaces that have been open for a year. I realized most of my consulting is based on a space’s feasibility and business modeling. This calculator will help give everyone some of that insight for free and fast. > > > > > > This is a tool to help evaluate a space and a lease to see if it makes financial sense. This calculator is not a guarantee that this income will be generated. It’s a guidepost for coworking spaces that will have a business model like most coworking spaces today. > > > > > > [https://creativedensity.com/coworkingcalculator/](https://creativedensity.com/coworkingcalculator/) > > > > > > You simply answer your space’s size, rent, the average price of a 1 - 2 person office in your area, if you are going to hire someone, and your coworking model and it will show you your estimated P/L of your 13th months. > > > > > > In order to keep this one automated and simple there isn’t a lot of customization based on hiring people, loans, efficiency of the space, marketing spend, amenities, etc. > > > > > > There is a more customized calculator that is being finalized this week or next. > > > > > > Please let me know if you have any questions.