Re: [Coworking] Coworking Lease
Hi Brian, What is your concern regarding the “no assignment” clause? Pat -- Patrick W. Manley, RA, AIAA, ALA Manley Architecture Group/MAG 3820 North High Street Columbus, Ohio 43214 Ph: (614) 545-1147 Cell: (614) 496-9096 Association of Licensed Architects (ALA) www.manleyarchitects.us Past President, Ohio Chapter of the Association of Licensed Architects and ALA National Board of Directors On Jun 8, 2018, at 7:32 PM, Brian Burgett wrote: Hi all, This is such a great resource! Thank you! I am working on opening a coworking space in northern Cincy. I have been working hard on getting a great lease put together. I absolutely love the space. We are the landlords first coworking tenant. They are pretty excited about having us join. The problem is that they have a pretty standard lease and it includes a non-assignment clause. They agree it doesn't fit. It states they have to approve any sublease agreements (my attorney says it could apply to our type of business). It also states that any sublease rent we get over the lease amount goes to the landlord. The landlord has asked my attorney to come up with a better clause. Can any of you who have signed a lease for a coworking space share the terms you have laid out in your lease on this issue? I would think I need to include that I have sole discretion to sublease and assign. It may include a description of how we make money? Am I missing anything? Thank you all for the great conversations we have on this group! Best regards, Brian Burgett Create your own email signature -- 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 coworking+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/d/optout. -- 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 coworking+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/d/optout.
Re: [Coworking] Customers asking for discount or "gracious price" or free on space rental for events
Don’t do it. Once you lower your prices, it’s impossible to raise them again. Determine your costs as best you can, research what others charge and stick with it. Events and meetings will not bring you future business, only more events at prices you can’t afford. If any money you receive from events are over and above the revenue you based your business model on, then the first question you ask yourself is whether you want or need the events? Keep in mind that events can hurt your business if they are disruptive to your members, which they are in must cases. -- Patrick W. Manley, RA, AIAA, ALA Manley Architecture Group/MAG 3820 North High Street Columbus, Ohio 43214 Ph: (614) 545-1147 Cell: (614) 496-9096 Association of Licensed Architects (ALA) www.manleyarchitects.us Past President, Ohio Chapter of the Association of Licensed Architects and ALA National Board of Directors On May 30, 2018, at 8:01 AM, Joanne Gerussi wrote: Hi everyone, My name is Joanne and I am a new owner of a women coworking space in Switzerland. I just opened my space on Monday - 28th May. As I have gotten a space which is spacious and full of charms, I have several requests from people asking to rent the space to host workshops and events. The problem is, people are always asking for discounts or gracious pricing. Their reasoning is that my space is really new and they would be doing me a favour by bring people to my space and in return I should be charging at a really low price or free. I am hesitant on this idea of extreme discount as at the end of the day, I still have bills to pay. What is your advice on this? Thank you in advance! Joanne -- 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 coworking+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/d/optout. -- 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 coworking+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/d/optout.
Re: [Coworking] Customers asking for discount or "gracious price" or free on space rental for events
Joanne, I’m new to the co-working business as I just started one this month. However, I own several businesses and leased space in one of my buildings to a co-working group for about four years, so I’ve learned a enough to be dangerous. Lol. One thing I’ve learned the hard way over the years is sometimes you have more success by saying ‘no’. It doesn’t mean you don’t entertain opportunities, but when in doubt, ‘no’ is the business equivalent of an investor protecting his or her principal. You were smart to ask for advice. Always a good thing to do when unsure. Pat -- Patrick W. Manley, RA, AIAA, ALA Manley Architecture Group/MAG 3820 North High Street Columbus, Ohio 43214 Ph: (614) 545-1147 Cell: (614) 496-9096 Association of Licensed Architects (ALA) www.manleyarchitects.us Past President, Ohio Chapter of the Association of Licensed Architects and ALA National Board of Directors On May 30, 2018, at 10:12 AM, Joanne Gerussi wrote: Thank you, Patrick. That's how I feel too. As I am new to this, I was a bit lost on how I should respond to these requests. Now I know. > On Wednesday, 30 May 2018 15:22:54 UTC+2, Pat Manley wrote: > Don’t do it. Once you lower your prices, it’s impossible to raise them again. > Determine your costs as best you can, research what others charge and stick > with it. Events and meetings will not bring you future business, only more > events at prices you can’t afford. > > If any money you receive from events are over and above the revenue you based > your business model on, then the first question you ask yourself is whether > you want or need the events? Keep in mind that events can hurt your business > if they are disruptive to your members, which they are in must cases. > > -- > Patrick W. Manley, RA, AIAA, ALA > Manley Architecture Group/MAG > 3820 North High Street Columbus, Ohio 43214 > Ph: (614) 545-1147 > Cell: (614) 496-9096 > Association of Licensed Architects (ALA) > www.manleyarchitects.us > Past President, Ohio Chapter of the Association of Licensed Architects and > ALA National Board of Directors > > On May 30, 2018, at 8:01 AM, Joanne Gerussi wrote: > > Hi everyone, > > My name is Joanne and I am a new owner of a women coworking space in > Switzerland. I just opened my space on Monday - 28th May. As I have gotten a > space which is spacious and full of charms, I have several requests from > people asking to rent the space to host workshops and events. The problem is, > people are always asking for discounts or gracious pricing. Their reasoning > is that my space is really new and they would be doing me a favour by bring > people to my space and in return I should be charging at a really low price > or free. > > I am hesitant on this idea of extreme discount as at the end of the day, I > still have bills to pay. > > What is your advice on this? > > Thank you in advance! > Joanne > -- > 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 coworking+...@googlegroups.com. > For more options, visit https://groups.google.com/d/optout. -- 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 coworking+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/d/optout. -- 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 coworking+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/d/optout.
