How we conduct coworking feasibility studies

Is my city ready for another coworking space? How big should my community space be? Does it make business sense? How can our small town leverage coworking? These are all questions I’ve been asked during the last few months as I have been working with a variety of teams on coworking feasibility studies for property developers, economic development groups, and entrepreneurs that are interested in joining the movement. It’s been a fun and interesting experience as I get to put back on my market researcher cap, and take an academic approach to discovering coworking viability in a market. So what […]

The coworking furniture equation

When I was opening up Creative Density in Denver I was finding space, talking to potential members, and crunching the business spreadsheet. I knew that the space was going to cost a few thousand a month, internet was going to be around a hundred, but then I kept getting slapped in the face – a chair is $400! Dang dude. One off $400 chairs are good but once you multiply that by 20 to 40 then numbers creep past $10,000 FAST. Once you start adding up desks, decorations, and technology stuff you’re up to over $20,000. That’s starting to be […]