Shared Space Agreements

#1

Has anyone created a partnership agreement for sharing a space with a property owner? I have found a business owner who will let us share her business’ space in return for a percentage of what the coworking space brings in through fees, etc.

Has anyone done this? Do you have any advice or comments?

I have been asked to draw up a list of impacts her business can anticipate (and I suppose we would discuss how to share expenses). Suggestions here, in case I am forgetting anything?

-Increased use of facility, utilities

-increased use of copier, paper & ink

-increased use of kitchen & kitchen supplies

-scheduling shared space of meeting rooms of all size

-scheduling events around her business’ peak hours

-give percentage of what memberships and other revenue streams bring in to business owner

-give percentage of event/venue rental through coworking entity to business owner

Anything else you can think of?

#2

I can give less advice on structure, more on general approach (why I’m cautious about this approach, why/how others have made it work), in a few threads on the list:

https://groups.google.com/d/msg/coworking/Ggx61dcS0W4/wrZkNX8pAwAJ

https://groups.google.com/d/msg/coworking/rDmYyDNku-k/xOQYYG1KzA8J

You can find more by going to https://groups.google.com/forum/#!forum/coworking and searching for “joint venture” to see what comes up!

-Alex

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On Wed, Jul 26, 2017 at 12:50 PM, Patricia Spicuzza [email protected] wrote:

Has anyone created a partnership agreement for sharing a space with a property owner? I have found a business owner who will let us share her business’ space in return for a percentage of what the coworking space brings in through fees, etc.

Has anyone done this? Do you have any advice or comments?

I have been asked to draw up a list of impacts her business can anticipate (and I suppose we would discuss how to share expenses). Suggestions here, in case I am forgetting anything?

-Increased use of facility, utilities

-increased use of copier, paper & ink

-increased use of kitchen & kitchen supplies

-scheduling shared space of meeting rooms of all size

-scheduling events around her business’ peak hours

-give percentage of what memberships and other revenue streams bring in to business owner

-give percentage of event/venue rental through coworking entity to business owner

Anything else you can think of?

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