Bootcamp-style training for aspiring and current coworking operators. From business plan to buildout to community to profitability.
Market sizing and competitive analysis. Business model design (pricing tiers, revenue projections). Financial modeling: startup costs, breakeven analysis, cash flow. Legal structure (LLC, insurance, lease considerations). Develop your unique value proposition.
Floor plan principles for coworking. Acoustic design. Lighting and HVAC for shared spaces. Furniture selection and layout. Technology infrastructure (internet, access control, AV). Working with architects and contractors. Budget management during buildout.
Hiring your community manager. Member onboarding process. Event programming strategy. Conflict resolution. Building culture. Software stack (Nexudus, OfficeRnD, Cobot). Day-to-day operations playbook. Metrics and KPIs.
Marketing for coworking (local SEO, social, partnerships). Sales process for tours and conversions. Enterprise sales. Scaling to multiple locations. Franchise vs company-owned. Exit strategies. Raising capital for expansion.
Download our free coworking business plan template. Includes: executive summary, market analysis, financial projections (3-year), marketing plan, operations plan, and funding requirements. Customizable for any market.
Everything you need in your coworking space: reception area, hot desk area (60%), dedicated desks (20%), private offices (15%), meeting rooms (5%), phone booths, kitchen, restrooms, storage, printing station, mail area, mother's room, outdoor space if possible.
Internet: 100+ Mbps symmetric, redundant connection, enterprise WiFi (Ubiquiti UniFi). Software: Nexudus or OfficeRnD. Access: Kisi or Salto. Printing: HP or Canon managed print. AV: meeting rooms with Zoom Rooms or Teams Rooms. Monitors for hot desks optional but valued.
Healthy coworking finances: 70-85% occupancy at breakeven. Revenue per member: $300-500/mo average. Revenue per sq ft: $3-8/mo. Operating margin: 15-30% at maturity. Payroll: 30-40% of revenue. Rent: 30-40% of revenue. Break even: 12-24 months.
A 2,000 sq ft space in a town of 15,000. 20 members at $250/mo = $5,000/mo. Low rent ($1,500/mo). One part-time community manager. Profitable in 6 months. Proof that coworking works beyond big cities. Community need is the key factor.
Downtown space, 8,000 sq ft. 80 members across hot desk, dedicated, and private offices. Average revenue per member: $450/mo. Events generate additional $2K/mo. Enterprise clients anchor the revenue. Profitable in 18 months after heavy buildout investment.
Three locations in one metro area. Shared back-office, marketing, and management. Members can use any location. Combined: 200+ members. Negotiating power with landlords and vendors increases with each location. Hub-and-spoke model works.
Converted to hybrid model: 50% in-person capacity + virtual memberships. Added day passes for WFH workers needing occasional office days. Outdoor workspace addition. Survived where others closed. Flexibility is the coworking superpower.