THE PROFITABILITY OF COWORKING SPACES

THE PROFITABILITY OF COWORKING SPACES

27.90

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 topics

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 certaun types of expenses
- Age of coworking spaces when broke even

General comparison of profitability by:

- Year
- Number of members
- Age of coworking spaces
- Size in square meter
- Grade of invested time by founders
- 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 habitants 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 w/ more than 1M habitans
- By reported saturation at a location

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 of coworking spaces by gender of owner
- General comparison of characteristics of a coworking space by gender of owner
- 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
- Size of location
- Income streams
- Layout
- Expansion plans
- Average values of basic characterics
- Number of members
- Size in square meter
- Ratio members to desk
- Share of income from renting desks, private offices & meeting spaces
- Income of owner or founder