So, two things: *First, $17-20k to outfit a 800 square foot space is absolutely unnecessary.* It sounds like you're talking to someone who does corporate space planning + design, and their budgets generally start around there.
But for a small coworking space (we started with ~1200 square feet), it just doesn't make sense. You can do so much with simple DIY options and a little bit of creativity. Don't be afraid of home finishes (so long as they aren't junky) - I'm always looking for ways to mix the things that make homes cozy with the things that make a workplace productive. We pulled off our original fit out for under $2k worth of desks, chairs, etc. Just the necessities, then add niceties later and make it a constant collaborative improvement process *with* your members. *Second, I think your pricing model needs work ;)* I'm not sure how you came up with your price points, but they seem *very* low and if you're scratching your head about sustainability...they are way too low. My approach to figuring out a sustainable pricing model is to work backwards from a monthly and annual budget, and then divide by the number of members are realistic, to find the price point needed for profitability. Remember that you won't be 100% occupied all the time, and that full time desks + day passes aren't the only options <https://dangerouslyawesome.com/2015/10/the-ultimate-guide-to-structuring-your-coworking-space-memberships/> . Flip your approach around and I think you'll find a simple, sustainable way to make this work! -Alex ------------------ *The #1 mistake in community building is doing it by yourself.* Better Coworkers: http://indyhall.org Weekly Coworking Tips: http://coworkingweekly.com My Audiobook: https://theindyhallway.com/ten On Tue, Jan 8, 2019 at 1:04 PM AK <a...@alkayemedia.com> wrote: > Been doing a lot of research (reading, meeting, and talking) -- Also > looking at build-out costs. Nevertheless, we still are stuck with a small > space ( about 800 ft open coworking and one 10x13 private space) > > I had a designer tell me decorating, new furniture and space planning > would run me $17-20,000 (our place is clean and has fresh paint now) -- > > Based on rent of about $8 per table ( we think we can have 10 --without > making it tight)-- $80 /day --$240 month... plus private office $400 > --that all seems too little. > > So To ALL of YOU with Small Space, how do you make it work? > > Thank you, ALL! If anyone has answers I know this is the forum to ask > > > > -- > 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.
