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
>

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