Hi Sharon, To shift risk, you can: - sign up enough members each paying enough months up front to open without need of a loan. - get loans from members or supportive people at a high interest rate to be paid back conditional on money coming in. - negotiate to have an early termination fee on the lease. - minimize expenses on lease, furniture, staff early on. Take over an existing business' lease and furniture. - get early revenue from event rentals as priority until recurring revenue from members becomes the main business. - get people who know and refer many people to refer their communities to you. - start by having monthly then weekly then daily Jellies to start with many people working together.
Sincerely, > Alex Linsker > Collective Agency's Community Organizer / Proprietor > (503) 517-6900 http://collectiveagency.co > Tax and Conversation's Statewide Community Organizer > (503) 369-9174 taxandconversation.com > (503) 369-9174 mobile (503) 517-6901 fax > 322 NW Sixth Ave, Suite 200, Portland, Oregon 97209 > On Wednesday, November 20, 2013 7:18:36 AM UTC-8, Sharon Schanzer wrote: > > After much effort and with press received in the last few days, I am > starting to see real interest from investors regarding my effort to open a > substantial coworking space on the upper west side in Manhattan. Rents are > high as are all costs associated with a venture of this size in the city so > I want to minimize risk for myself and whoever works on this with me. > > I'm wondering what others have done regarding ownership and partnerships, > debt vs equity etc. Any advice would be greatly appreciated! I want to > structure something that is fair for all. > > Feel free to reply here or to contact me privately at > sha...@rldgroup.com<javascript:> > . > > Thanks! > Sharon Schanzer > HelixNYC.com > sha...@rldgroup.com <javascript:> > > -- 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 coworking+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/groups/opt_out.
