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How do co-working spaces make money?

Posted on January 9, 2023 by Author

Table of Contents

  • 1 How do co-working spaces make money?
  • 2 How much does it cost to install a co working space?
  • 3 Why are coworking spaces in India so popular?
  • 4 Why Bangalore is the front runner of coworking trend in India?

How do co-working spaces make money?

Coworking spaces earn the majority of their revenue, unsurprisingly, by renting out desks (61\%). One in ten spaces earn all of their money from desk rental. The average space earns ten percent of their revenue from renting out meeting rooms and event spaces (10\% each).

How much does it cost to install a co working space?

Different coworking space pricing based on desk type

Coworking services Price
Part-time desk – per day $35-$45 per day
Part-time desk – monthly membership $350-$400 per month
Permanent desk $650-$750 per month
Private office: up to 20 staff $160-$210 per square metre per month

Does Regus own spaces?

Then I mentioned that Spaces, a coworking space owned by Regus, is more of a WeWork competitor that Regus is. Spaces focuses on tech start-ups, creatives, and freelancers, much like WeWork does.

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How do I sell my co working space?

Creative Ways to Market Your Coworking Space: Tips from the Pros

  1. Get to Know People Outside of the Coworking Space.
  2. Talk to People.
  3. Help People Share Abundance.
  4. Host Unexpected Events.
  5. Give Memberships to Local Icons.
  6. Let People Know There’s a Better Way to Work.
  7. Host a Speed Networking Night.

Why are coworking spaces in India so popular?

With the exponential growth of “coworking spaces in India” for the past couple of years, these hubs relieve startups and businesses from the significant stress of setting up new offices by renting personal office spaces. The coworking space market in India is no more limited major metros like Delhi, Bangalore, and Mumbai.

Why Bangalore is the front runner of coworking trend in India?

India’s homegrown coworking space and which is developing wonderfully. 91 Springboard is yet another reason why Bangalore is the front runner of the coworking trend in India. All the 91Springboard Coworking spaces in Bangalore are replete with immaculate interior designing.

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Which is the best coworking space in Pune?

With a massive area of 50,000+ sq ft, 91 Springboard at Yerwada is one of the most prominently sized coworking spaces in India. It can seat over 1,100 members and offers access to critical business centers and locations of Pune. This coworking space has good connectivity with the Pune University and railway station. The airport is just 3.7 km away!

How much does it cost to rent a coworking space in Bangalore?

A single person private at this coworking space based in Bangalore will cost you ₹17,000 at one location and can go till ₹30,000. At Cowrks Bangalore you will be working amongst an inspiring and energetic environment.

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