The True Cost Coworking

Try It For Yourself

It’s free. Try this experiment.

Reach out to a Commercial Real Estate Agent, and tell them you’re looking for an office. It must have a place to make coffee and store lunches. You’ll want a bathroom, and to be in a neighborhood that’s lends something to your busiess (and is hopefully not scary). Hopefully, there will be some kind of community nearby.

Because the Labor Party reached full capacity, I’ve recently helped a few friends through this process, and it was eye-opening.

Where’s your startup going to be in three years?

Everyone wants a big chunk of your time. Three years is normal, but some will go for less - at a cost. You might be able to find a space, ususally 500-1,000 square feet. In that much, you could squeeze in your sink and mini-fridge and coffee maker. You want to be careful to get enough space. If you don’t, you’ll be stuck with multple offices or need to break a lease.

You’re not done yet

You’ve still got to buy your sink and mini-fridge and coffee maker. You’ll probably want internet, which means setting up that service (another contract there, too). You’ll need a chair to sit in and a desk to work at.

But wait, what about the comforts?

Anything else you want is going to come extra, like walking distance to lunch spots or after-work drinks. Or getting the specialty drinks you and your team like to have on hand. Or a big room to workshop and whiteboard. Or even just that whiteboard.

Coworking is different

Working with a Commercial Real Estate Agent is time consuming in itself. Managing the space they find is time consuming, too. Buying furniture, appliances, stocking the kitchen - these are all things that are on your plate now.

When you join a coworking space, you can start with as little as a mailing address, but you can grow into it when you need something more substantial. And all of these responsibilities are taken care of for you. In Wichita, you’ll be paying between $650 and $2000 per month (or more) for what I’ve outlined above. You could easily save hundreds of dollars for month while making your life easier.

Start with a mailing address, for less than $15 each month, and then grow into a Membership or Ministry with your own private office. Don’t worry about the details.

Sign up for your mailbox today.

Photo by NeONBRAND on Unsplash