It's important to remember that every month you fall below 60 people the expenses still have to be paid. While I own a for-profit that does not make much profit, my city requires that I provide a fully-accessible bathroom. We have hazard insurance, workman's comp, and a payroll service to make sure the taxes are done properly (all are at minimum levels) The chairs and tables wear out and need to be fixed or replaced.We have great internet, but I understand intensive traffic might slow things down and necessitate acquiring an additional IP address. Our portion of a small shared trash dumpster costs almost $100. per month. Lots of our friends and customers work at non-profits, and their costs aren't any less. (Although your rent would be a steal here-ours is mid-range at $12/ sqft/month). A reserve account would make you sleep better at night. I go with the $100.00 minimum and look forward to updates. Best of luck to you all!!
On Jun 20, 12:47 am, robdavy <[email protected]> wrote: > Hi Everyone, > > Quick question (kinda)... > > We're in the process of setting up a coworking space/hacker space here > in Edmonton, Alberta, Canada (metro pop of 1m). We're well underway, > non-profit registered, directors elected, space found, 40+ members > joined, etc. > > We're obviously working on a non-profit model, shared space, 24/7 > access, etc. > > My concern is pricing. Lots of places seem to offer what we're going > to be offering for many hundreds of dollars a month. We're going to be > doing it for $50. $50/month gets you unlimited access to our 3700sq ft > space. No permanent desks, but permanent offices will be offered for > around $250/month. Our's is not exactly a co-working space in the > sense we do not expect people to work here 9-5 (some will of course, > but most members have full time jobs and want the collaborative use of > the space, plus access to the equipment (machining, etc). Check > outhttp://d.ents.ca/for photos > > Why $50/month? Our rent is $5/sqft + $2.87 operating. 3700sq ft @ $8 = > $2500/month ($'s are per year). So based on the non-profit model found > herehttp://coworking.pbworks.com/PricingExampleswe need $3750/month. > Well, our utils are included in the operating, internet is free from > someones business via a point to point wireless connection, etc, etc, > so we're figuring max $500/month in misc costs. The landlord is also > giving us 2 months free rent. > > So say $3000/month, that's only 60 members @ $50/month each. We have > 40 signed up now (of course some will drop out, but we've still got > many coming in) and we'll cover more costs with offices rented. > > Is it just the cheap rent that is making our space $50/month and not > $300/month (or more!). > Why do some (most) places need to charge so much? > > Thanks in advance > > Rob Davy > Edmonton New Technology Societywww.ents.ca --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Coworking" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/coworking?hl=en -~----------~----~----~----~------~----~------~--~---
