Every day we get calls from people asking if we could help them convert their existing furnished office into a co-working space. Normally, when a tenant moves out, the owner is left thinking if they should look to lease it to someone new or dabble into this new world. For More info visit: http://sneed.in/

1. Converting your office into a co-working space

2. Every day we get calls from people asking
if we could help them convert their
existing furnished office into a co-
working space. Normally, when a tenant
moves out, the owner is left thinking if
they should look to lease it to someone
new or dabble into this new world.

3.  I want to retain the existing layout
and design
A co-working space is about collaboration
amongst its residents while maintaining a
fair level of privacy and giving everyone
their private space.

4.  Co-working is only about selling by
seat
“Ok, instead of pricing by area, I will price
it by the seat, anything else?” We often
hear this argument, where people reduce
co-working to just a different method of
pricing – on their mobile calculator apps,
working out what’s the equivalent cost per
seat.

5.  I need to invest only in high speed internet
and housekeeping
Almost every commercial property owner has a
team of their own that take care of their
property, and they are happy to extend their
services for housekeeping and other support
functions. Add to that a broadband connection,
maybe a backup line too. Is that sufficient?
Professional workspace is about accountability –
the workspace provider is eventually promising a
hassle-free use of their workspace.

6.  I want 5-star pricing
“So, after all this, can I price it at Twenty
Thousand for a seat a month?” My answer
to that is, would you pay that price if you
were the user. While it is great to compare
oneself with the best co-working space in
the vicinity and to match them on price,
its more out of hope than logic.

7.  Who is my customer?
As much as we would like this to be the
first question that is asked, it is often the
last. We now have a product, so who do
you think will be interested? A more
important part of the problem is – how do
I find customers.

8. start with listing on Sneed – it is the best
online channel to reach people looking for
such ready use offices. Define the type of
users you prefer – smaller teams but
more customers or a few mid-sized
companies. Users are looking at various
options, so when they come calling on
you, give them very few reasons to reject
you – clarity on the terms of use,
flexibility to accommodate special needs
go a long way in conveying your
intentions, and of course be patient!