Re: [Coworking] Industry Churn

[Glen Ferguson]

Since we're the industry, I guess it's up to us to determine "average" by
some means. At Cowork Frederick we're 7%.


On Fri, May 16, 2014 at 9:53 AM, Alex Hillman
wrote:

> I haven't been able to get any quality industry statistics, mostly because
> people aren't tracking figures or aren't willing to share them.
>
> We fell into the former category until recently, but I can happily report
> that ours is between 2% and 5% :)
>
> -Alex
>
> --
> /ah
> indyhall.org
> betterwork.co
>
>
> On Fri, May 16, 2014 at 9:29 AM, Eric Ullrich  wrote:
>
>> Hi All,
>>
>> Any ideas of industry average on churn rates?  I've researched that for
>> gyms its ~25%.  Curious about what people are experiencing at coworking
>> spaces.
>>
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>
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[Coworking] Re: Fostering community across multiple locations

[Angel Kwiatkowski]

As a person who just opened a second location YESTERDAY I have a lot of 
thoughts. In no particular order:

-consider what it will feel like to be pulled in 2 directions (literally). 
No matter how many processes you have in place sometimes you just need a 
person on the ground to do something. Who knows what it will be. Today, 
it's a malfunctioning keyless lock at the new location while I happen to be 
at the other and with no car=awesome!

-I intentionally put "cooler" stuff in the new space to encourage our 
existing members to try it. It must be working b/c everyone is at the new 
location today! We did better wifi equipment, HDMI flat panel tv instead of 
a projector and offer more types of seating options in the new space. The 
members are bananas about it--in a good way. It's fun to see them lounging 
on the couch or working at a group table or a more traditional desk. 

-It's important to us to have social events which include the entire 
community. Because my spaces are only 2ish miles apart, it's not that 
difficult and most would say that Fort Collins is a small town so transit 
is easy by bus, bike or car.

-All members (even private office and dedicated desk) people have the 
ability to work at the other location AND have access to our entire 
community via our online platform.

-I see our biggest challenge moving forward as helping new members get to 
know the current members even when they don't see each other that often.

Angel

On Tuesday, May 13, 2014 9:32:14 AM UTC-6, Andy Soell wrote:
>
> So, an amazing opportunity has fallen into our laps that would allow us to 
> open a second coworking location a couple miles away from our existing 
> location. We make a pretty heavy emphasis on community here, so I've never 
> been super keen on the idea of multiple locations (versus expanding to 
> larger spaces as needed) but for a variety of reasons this new space makes 
> a lot of sense. We're contemplating it, but I wanted to check with any 
> other space operators to find out any advice / tips / pitfalls related to 
> multiple spaces, specifically as it relates to making sure the community 
> doesn't become fragmented.
>

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Re: [Coworking] Industry Churn

[Alex Hillman]

I haven't been able to get any quality industry statistics, mostly because 
people aren't tracking figures or aren't willing to share them. 


We fell into the former category until recently, but I can happily report that 
ours is between 2% and 5% :)





-Alex


--
/ah
indyhall.org
betterwork.co

On Fri, May 16, 2014 at 9:29 AM, Eric Ullrich  wrote:

> Hi All,
> Any ideas of industry average on churn rates?  I've researched that for 
> gyms its ~25%.  Curious about what people are experiencing at coworking 
> spaces.
> -- 
> 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 
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[Coworking] Re: Good Event Ideas

[Steve Bercy]

Hi, 

I agree with Ramon and I would say that there's no good or bad events : 
there's only events that fit to your community. 
It could be sports, conference, pitch contests, barcamp, lunchs, etc. 

I could have said that when there's a good lunch, it's always more 
friendly...but in fact that no would not be the true cause it's is only 
true  according to my 2 years experience organizing the Martinique 
Workatjelly Coworking. My community is not yours.  

So I would say : learn from your community to determine the best events 
they would involve in and take part in according to their needs 
(networking, work, help, etc.)

Hope that will help, 

Steve
Martinique Workatjelly Coworking  

On Tuesday, May 13, 2014 1:48:45 PM UTC-4, KEDZ Business Development Centre 
wrote:
>
> Hi all, We are just starting our cowork space now.  what are some good 
> events to have in the evenings as well as during the day.
>
> Thanks,
>

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[Coworking] Re: Cash Flow Projection - Review request?

[Harpreet Singh]

Thanks to everyone posting info on this thread. It has been helpful in 
planning for our coworking space in Brampton, Ontario. Would anyone be 
willing to share their financial projections (mainly, cash flow) to give us 
an example to run with? I would be happy to sign an NDA. Any tips and 
resources specific to coworking financials would be awesome! 

Thanks everyone! 
Harpreet 
harpr...@lab-b.ca 

On Tuesday, March 27, 2012 9:27:35 PM UTC-4, Toni Hogan wrote:
>
> I am preparing a cash flow projection for a space that is 11,712 
> square feet. I thought I was being conservative considering the size 
> of the space, but at the end of the second year I have almost $95K 
> Cash on Hand. I would appreciate the eyes of a veteran space owner 
> giving it a look.

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[Coworking] Industry Churn

[Eric Ullrich]

Hi All,

Any ideas of industry average on churn rates?  I've researched that for 
gyms its ~25%.  Curious about what people are experiencing at coworking 
spaces.

-- 
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