Great formula. I am curious to understand if you ever calculated operating costs as a percentage of revenue for such co-working spaces. Any insight would be appreciated.
On Wednesday, April 23, 2008 5:30:28 PM UTC-5, Tara Hunt wrote: > Just took the survey, but some of the questions were lacking the 'other' > or an explanation. Most spaces are pretty unique in the way they operate. > > Oh...and the formula I gave to Tony B was: > > Break even model: (Cost of space x 1.5 = total cost of space) / (number of > square feet / 100 = number of desks) = Cost per desk > > Profitable model: (Cost of space x 3 = cost of space and then some) / > (number of square feet / 100 = number of desks) = Cost per desk > > Of course, there is wiggle room there to make more money on services, drop > ins, conference room rental, event space rental, part time keyholders and > other varying levels of membership. > > Tara > > On Wed, Apr 23, 2008 at 8:21 AM, Kyle Chowning > <[email protected]<javascript:>> > wrote: > >> >> Kelly...are you willing to share those results? >> Kyle >> >> On Apr 21, 9:17 pm, Kelly Brown <[email protected]> wrote: >> > As I'm working on our business plan, I'm wanting to flesh out some >> > information re: financial expectations. >> > >> > I was hoping some space owners would be willing to share some >> > information. I've seen some other surveys on this board but didn't >> > see anything dealing with the business side of the process. >> > >> > I'll enter any respondents into a drawing for $100. >> > Your answers will be anonymous -- I won't be correlating contact info >> > for the drawing with survey responses. >> > >> > I'll also share aggregate results of the survey on this board. >> > >> > Thanks in advance for your help / feedback. >> > >> > The survey is here: >> http://www.surveymonkey.com/s.aspx?sm=zDOIAyDxI9lkF01V9N5CUw_3d_3d >> > >> > -kb >> > Kelly Brown >> > Office Space Co-Workingwww.officespacecoworking.com >> > >> > P.S. I don't think there's anything too intrusive in the questions -- >> > but if there's any question in particular you don't feel like >> > answering, feel free to just skip it. >> >> >> > > > -- > tara 'miss rogue' hunt > coFounder > Citizen Agency (www.citizenagency.com) > blog: www.horsepigcow.com > phone: 415-694-1951 <#> > fax: 415-727-5335 <#> -- Visit this forum on the web at http://discuss.coworking.com --- You received this message because you are subscribed to the Google Groups "Coworking" group. For more options, visit https://groups.google.com/groups/opt_out.
