Thanks Joshua! Seems like the smarter way to get started. On Friday, July 6, 2018 at 4:57:23 PM UTC-4, Joshua Webb wrote: > > be very careful giving ownership of your concept blood sweat and tears to > a building owners who pure motivations is to fill space by what ever means > necessary. > > There are others ways to do this. For instance. Do a Percentage Lease with > TI Allowances. A percentage lease keeps you in the drivers seat as the > owner of the concept but splits the Net reveues with your landlord. So as > you grow his rent grows. I highly suggest puting in a cap so that he does > not make more that what the space is work. Unless you are asking for a lot > of build out then you can add in some ROI for that for him as well. Just so > they can get their money back. > Doing a percentage lease also can allow you to take more space than you > can afford right off. Find a building in a area of town that is good but > that the building is quite empty. This owner is going to be more likly to > play ball since he needs to fill his building. Also if the building is a > high rise tell him that as your members grow they will need more space and > will become his tenants. You are not only filling space for him you are a > feeder for his building. > > All in all there are a ways to do this so that you are not giving up > control of your community concept to someone else just for money. > > *J**oshua Webb* > > *Chief Growth Antagonist*[email protected] <javascript:> > *844-455-GROW **(**4769)* *Growthli.com* <https://www.growthli.com/> > > > On Fri, Jul 6, 2018 at 12:25 PM, <[email protected] <javascript:>> > wrote: > >> Hi group! I've been following all of your great questions and advice for >> a bit now. Thanks so much! >> My business partner and I are still in the "planning and searching for a >> space" phase. Still so much to learn! >> Since we do not have a large amount of capital to put in this business we >> are looking at all the options. >> Has anyone entered into an agreement with a landlord where they are the >> owner and you are the operator/manager? Is it traditionally known by >> another term? We keep hearing about such arrangements but would love to >> hear about a specific example and what kind of terms might be acceptable. >> You can read about the reference to the concept here (the second option >> in the article): >> https://www.globalworkspace.org/2016/03/three-ways-to-run-a-coworking-space-without-signing-a-lease/ >> >> -- >> 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] <javascript:>. >> For more options, visit https://groups.google.com/d/optout. >> > >
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