Those numbers sound pretty familiar to me! Our first location was only a little bit larger, but about the same amount of space.
For us, the key to making that kind of space sustainable was definitely our basic membership <http://dangerouslyawesome.com/2015/10/the-ultimate-guide-to-structuring-your-coworking-space-memberships/> . The biggest risk at such a small size was that a single desk going unoccupied could have a major impact on the business. We wanted to protect ourselves from that, and still keep memberships flexible. The idea for the basic membership was borrowed from seeing how relatively small university greek life organizations were able to financially support an entire house: a larger number of members paying a relatively small amount every month but only really visited the house and shared the common areas helped reduce the costs of a normal rent for the smaller number of people who actually lived there. This was a big clue to figuring out how to create attractive price points AND a more stable revenue model. Given your proximity to the colleges, is your community mostly students? Or something else? -Alex ------------------ *The #1 mistake in community building is doing it by yourself.* Join the list: http://coworkingweekly.com Listen to the podcast: http://dangerouslyawesome.com/podcast *Where will you be on April 21st <http://peopleatworksummit.com>?* On Mon, Apr 18, 2016 at 6:06 PM, Ehmandah R. <[email protected]> wrote: > Hello All! I'm getting close to opening up my CoWorking space in the > suburbs (Southern California) about 75,000 population. My space is about 8 > minutes away from a cluster of top liberal arts colleges. I'm working on my > membership pricing. > > My space is 1200 sqft. I have 8 designed desks, 14 flex/open spaces, > conference, and a shared kitchen. > > Would love to hear some guidance. > > Thanks in Advance. > > -- > 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. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > For more options, visit https://groups.google.com/d/optout. > -- 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. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
