Yes, of course, the obvious!
& Thank you for your article "How To Fund Your Coworking Space"
http://dangerouslyawesome.com/2011/09/how-to-fund-your-coworking-space/
Funny, this enlightenment actually came to me last night, could not
sleep!

Questions;
What are legalities of signing contracts with potential/new members?
Are you suggesting an adapted L.O.I. agreement?  what do they actually
sign & how (is on-line enough?  in person)?  what must the agreement
include?  What is the promise, "we will have a space by x time or will
refund your $ by?  And what is the proper way to collect, use and
account for funds?  (hoping to not have to refund ;)  Lawyer needed
for all this?

OURSpace San Francisco is VERY close to becoming real!  We've been
very patient with the process, assembled a fantastic team, found a
location and are in process for purchase.  We are working with &
seeking investors (it's a BIG project, need BIG funding - will be
worth it!)  Have the city/neighborhoods' support & many inquires from
interested members.  Now, yes, need $!  Yes, of course, the obvious,
GET MEMBERS on board now!

Thank you for this one & SO many other great informative
conversations!
Tawni Aaron
OURSpace San Francisco
ourspacesf.com


On Sep 27, 8:19 am, Alex Hillman <[email protected]> wrote:
> Ding ding ding! Now that's what I'm talkin' about. :)
>
> We also had our initial membership sign up, with checks, before our
> opening.
>
> We even let/encouraged people sign up for multiple months at a time to help
> our bootstrap cashflow. Small benefits - like a month free for signing 6
> months in advance, or a t-shirt, really helped pad our bank account for the
> first few months and gave us a clear runway to fill in the gap.
>
> -Alex
>
> /ah
> indyhall.org
> coworking in philadelphia
> learn how to launch and run a healthy, happy, and sustainable coworking
> space and community <https://indyhall.stagehq.com/events/1048>
>
> On Tue, Sep 27, 2011 at 11:12 AM, gerard sychay <[email protected]>wrote:
>
>
>
>
>
>
>
> > We don't use Letters of Intent now, but before opening, we had "charter"
> > members sign LOIs.  The key difference: they had to submit checks for 1st
> > month's dues + deposit along with the letter  :)
>
> > Gerard
> >http://cincycoworks.com
>
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