Why coworking?
First, let's take a look at what's typically included in a coworking membership versus what you get with other places to work.
COWORKING
HOME OFFICE
OFFICE LEASE
COFFEE SHOP
DEDICATED SPACE
FAST WIFI
TAX WRITE-OFF
MEETING ROOMS
COFFEE
OFFICE SUPPLIES
SNACKS
PROFESSIONAL DEVELOPMENT
SOCIAL INTERACTION
Coworking and your bottom line
Now let's take a look at the cost breakdown for one month of work at a coworking space versus other work arrangements.
COWORKING
Monthly flex membership fee
$150/mo
HOME OFFICE
- Utilities $150
- Coffee $30
- Office supplies $30
- Cleaning service $100
$310/mo
OFFICE LEASE
- Rent $500
- Utilities $250
- Coffee $30
- Office supplies $50
- Cleaning service $100
$930/mo
COFFEE SHOP
$15/day x
20 working days/month
$300/mo