YES!!! It will be very helpful as you sort through a range of ways to make
and spend money!!
Angel
On Thursday, April 27, 2017 at 12:54:24 PM UTC-6, Kevin Haggerty wrote:
>
> I'm hugely appreciative of all who have weighed in. I know you are all
> very busy, so it means a lot to me.
>
> Angel:
I'm hugely appreciative of all who have weighed in. I know you are all very
busy, so it means a lot to me.
Angel: I went ahead and picked up your cashflow spreadsheet. I can read through
it while I'm listening to Alex's audiobook! :)
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I'd like to add that square footage calculations can vary and mislead. For
example, some markets list, say, 5000 "rentable sf" but that might include a
proportional share of common areas in the overall building. Others list 5000sf
plus a load factor, say, 30%.
Focus on usable or net square
Correct, you claim 28ft2 as your work area but can then wander another
1,200ft2 of common areas throughout the day. Those number are super
estimated as I've never measured the footage of our hallways, kitchen or
patio.
On Thursday, April 27, 2017 at 9:34:01 AM UTC-6, Alex Hillman wrote:
>
>
Our smallest office is 8x11 ft and rents for $425/month, our largest office
is $208 ft2 and sells for $700/month but it's in the basement with only 1
little window.
Aside from size, anything can be worked as a private office as long as it
has a door, adding exterior windows seems to be the
Yes yes yes - look at Angel's numbers.
I also really love the "total number of people/days you can sell per week"
model. It's absolutely the most realistic. Also, in practice, we've learned
that it's valuable to track the number of unused desks on a daily basis
(even if it's a rough count) so you
Thanks, Angel!
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Alex,
Thank you! This is hugely helpful too!
Totally hear you on adding value beyond the space. I've recently begun to talk
to another local entrepreneur who had previously been interested in starting a
local small business incubator. A mutual friend of ours (who acts as a mentor
for us both)
While we're on the subject, is there a guideline for private office
size (i.e. offices that are permanently rented out to members on a
monthly or even yearly basis)? I was originally thinking 10'x10',
which fits into the 100sf rule. But maybe it's different when you've
got four walls to define
Jen's numbers are pretty close - 100sf per person (that's counts for all common
areas, too) is a decent rule of thumb. The 4-to-1 ratio only works on flex
desks though, so that final count isn't quite right.
I generally recommend staying between 40-60% full time desks, and keeping the
rest
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