WHAT ARE THE DIFFERENCES BETWEEN PROFITABLE & UNPROFITABLE COWORKING SPACES?

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Final results of the 2017 Global Coworking Survey - a comparison of profitable and unprofitable coworking spaces on 74 slides in charts (13 MB).

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THE SLIDE DECK CONTAINS FOLLOWING RESULTS:

Income streams & expenses of coworking spaces:
- Percentages of income streams of a coworking space
- Percentages of coworking spaces that generate certain types of income streams
- Percentages of expenses of a coworking space
- Percentages of coworking spaces that generate certain types of expenses
- Ages of coworking spaces when they broke even
***

General comparison of profitability by:
- Year
- Number of members
- Ages of coworking spaces
- Size (in square meters)
- Time committed by founder, co-founder or owner in running a coworking space (part-time v full-time)
- Business model
- Business approach
- Share of different types of workspaces
- Estimated profitability of coworking spaces nearby - by year
***

Comparison of profitability by share of income from:
- Renting desks
- Renting private offices
- Renting meeting spaces
- Selling combined membership plans
***

Comparison of profitability by share of layout of:
- Open workspaces
- Private offices
- Meeting spaces
***

Comparison of profitability by location:
- By number of inhabitants per location (city or town)
- By number of other coworking spaces nearby (in the same city or town)
- By number of other coworking spaces nearby in the same city with ≧1 million inhabitans
- By reported saturation at a location
- By reported saturation at a location (reported by coworking spaces with ≧ 50 competitors nearby in cities with ≧ 1 million inhabitants
***

Comparison of profitability by reported challenges with:
- Attracting new members
- Not enough workspace
- General workload
- Adminstrative tasks
***

Comparison of profitability by gender of owner:
- Profitability by gender of owner or founder
- General comparison of characteristics of a coworking space by gender of owner or founder
- in €-countries
- in the USA
***

Comparison of profitability by marketing activity - profitability by:
- Community-building activity
- SEO activity
- Social & online media activity
- Participating in coworking visa programs
- Offering referral programs
- Offering discounts to specific groups (e.g. students)
- Offering free trials or "free coworking" days
- Advertising activity
- Events for potential members
- Events with other coworking spaces
- Working in a coworking association
- Offering free trials or "free coworking" days
***

Comparison of profitabilty of mature for-profit coworking spaces  
= For-profit coworking spaces that need to be profitable on their own as part of their business model and are at least one year old - comparison of profitability by

- Expenses
- Challenges with the real estate market
- Income streams
- Layout
- Expansion plans
- Average values of basic characterics
- Number of members
- Size in square meters
- Ratio members to desks
- Size of location (by number of inhabitants of a location)
- Share of income from renting desks, private offices & meeting spaces
- Income of owner or founder (compared to the average income of a country)
***

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PREVIEW

THE PROFITABILITY OF COWORKING SPACES
25.90

Final results of the 2017 Global Coworking Survey - a comparison of profitable and unprofitable coworking spaces on 74 slides in charts (13 MB).

Add to Cart

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