> It includes: > > * Rent deposit (~7.500 Euro) This is the norm in Germany (In NZ the deposit is the first month rent).
> * Rent for the first six month (~18.750 Euro) This is OpEx. I agree it should be costed it is not a startup cost. > * Renovation (~5.000 Euro] This depends on the space I guess but seems ok. > * Furniture [~12.000 Euro) Wow that seems huge. I fitted out my space 15 months ago with 15 new really nice desks and meeting room tables for about $5k NZ (2500 Euro). What are you planning to buy? > * Electric devices (Coffee, Printer etc.) (~ 3.000 Euro) > * Operations (Cleaning, Phone, Internet etc.) for the first > month/weeks (~2.000 Euro) This is OpEx not startup cost. > * Marketing (~2.000 Euro) This is OpEx not startup cost. So my quick review has you need about 20k Euro to setup. The rest should be funded out of income. >> It is really easy to spend other peoples money. What is the pay back >> for something investing this money? > > Of course it makes no sense to acquire outside investors. As stated in > the blog article this investors/partners are a great chance to extend > the network etc. Of course I will be one of these partners! > >> Also what are these 50 'partner' are they people interested in using >> the coworking space? > > We do not know the partners, yet. But yes, they should be havily > interested in using a CoWorking space. Additionally I think we could > generate some dividend (say 5%). I read that you already have 50 interested people. >> Also what are the employee costs for as if you have 50 'partners' you >> can share the load among them for day to day things. > > Every "partner" has its own business. I do not think it's possible to > run the space by this partners. That is an opportunity for the start. > But after some time the space must run by itself without having the > partners invest more and more (time and/or money) in it! You will be surprised on what people will do if you ask them and they are involved in the process. >> If you have 50 possible members I think this is your angle. These are >> your cadre to start with and you should work with them on whats needed >> as opposed to wanted and what fees they are willing to pay. > > That is catch-22... just talking about a space it not enough. We need > a way to get it running - and this requires money. The calculation I > did is one of the cheapest way we can do it! It makes no sense to talk > about possible business modells if there is no money to build the > space. In turn it makes no sense to talk about the cost if you don't have the model! I suggest get all the people that have shown interest and ask 1, what do they need in the office, 2, how much will they pay, 3, assume half join up in the first 3 months, 4, use them for your OpEx numbers to see if you can pay rent. If you cant you either bootstrap it or you start the process again and increase members, increase fees, reduce costs or mixture of all of them. Take care -- Steven Heath Director, Foxbane Consulting Founder, AltSpace Cell: +64 21 706-067 www.foxbane.co.nz Level 22 Plimmer Towers 2 Gilmer Terrace Wellington AltSpace.co.nz - Shared office space in Wellington for home based workers, freelancers, or nimble companies --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
