February 2012
2 posts
What it costs to run a coworking space - pt. 2
In my previous post on what it costs to run a coworking space, the question came up about how many members do we need to break even. The answer to this is a bit complicated.
Workantile only has shared desks, we don’t have permanent desks and have no plans at this time to have any. This give us a lot of flexibility in how the space is used.
We have four membership levels:
Full member -...
What it costs to run a coworking space
There has been some chatter on the global coworking Google group about the costs to start and run a coworking space. Alex Hillman of IndyHall discussed it on his blog, and I thought I would talk about Workantile here.
Workantile leases about 3,200 square feet on Main Street in downtown Ann Arbor. It is on the ground floor in a former retail space, and our rent reflects that at almost $25/square...
January 2012
1 post
Reboot
The Penultimate Word lay fallow for some time, but I am rebooting it as a blog dealing with the challenges and rewards of running a coworking community, on software development, and with the occasional rant thrown in.