1. How old was your space before you increased your prices? I have changed my 3 times in 8 years. Mainly due to my own lease rates going up.
2. Do you grandfather current members? Permanently? For a time period? No. 3. How much notice do you give prior to the increase? I give current members about 3 months notice before I price increase. 4. What do you want me to know that I'm not asking? You can do it! 5. I also have private offices I (month-by-month...no leases). If your answers above are different for this situation, please share your expertise. Month to month means they have no security to get the same rate over the long term. I make sure my offices are slightly above market rate b/c they are month to month. On Saturday, May 26, 2018 at 9:07:57 AM UTC-6, pa...@soarco-working.com wrote: > > I am looking for advice from Operators who have experienced a couple of > years open. I'm approaching my first anniversary (yipee!!!), and am trying > to come up with a good price increase strategy. > > 1. How old was your space before you increased your prices? > 2. Do you grandfather current members? Permanently? For a time period? > 3. How much notice do you give prior to the increase? > 4. What do you want me to know that I'm not asking? > 5. I also have private offices I (month-by-month...no leases). If your > answers above are different for this situation, please share your expertise. > > Thank you so much! The increase is needed to help close the income to > expense gap, but I have a concern about continuing to grow the base with a > new price structure. > > Paula > -- 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.