It will cost you lots of money to run a coworking center! It is important to look carefully through basic costs to find a way to limit at most running costs.
Anticipate basic fees
To price correctly your coworking offers, you first need to know the fees you are going to support. Write down the various costs related to a coworking space (premises, electricity, internet and cleaning). These anticipated fees will enable you to define your prices and formulas to recover your initial investments.
Compare existing offers
Find the cheapest electricity deal
Look up the best electricity deals according to your estimated consumption. Alternative suppliers generally provide cheaper deals than regulated tariffs. This will definitely help you cut basic fees.
Broadband, low price
Same goes by internet deals. All suppliers do not offer the same services at the same prices. Check if you are eligible to optic fiber and to high-speed network then choose the subscription that will ensure the best service at the best price.
Tips to cut your bills
Some – rather common sense – daily gestures can really help reduce your recurrent bills:
- Choose reusable tableware
- Do not leave electronic devices on standby for long periods and ask the coworkers to close down their laptops whenever they are not using them or when they go home
- Choose energy-saving light bulbs
- Prefer digital to paper
- Reduce your water bill by installing mixing valves and dual discharge toilets.
You cannot sell off the quality of your service
Toilet paper (glamorous example, we know) is typically the sort of thing you should not try to save money on. It could really ruin your reputation (you cannot be stingy when you seek to provide people with their best working experience yet). Your goal is to save money!
You can reduce costs by negotiating with your suppliers and find better prices for a same quantity and quality (just like electricity and internet).
