What gets focus gets better.

If you want to improve your coworking business, define your KPIs (Key Performance Indicators), track them, pull levers to make them better, and grow your coworking business.

In this episode, I walk through 2 of my 5 favorite KPIs for coworking businesses.

Resources Mentioned in this Episode:

• Feasibility study for landlords - evaluate a coworking business or partnership with clarity and confidence with industry-benchmarked coworking financial metrics and a pro forma customized to your market and your project.

Everything Coworking Featured Resources:

Masterclass: 3 Behind-the-Scenes Secrets to Opening a Coworking Space

Coworking Startup School

Community Manager University

Follow Us on YouTube

Maryann Baldwin opened a 2400 square foot coworking space in Lansing Iowa, population 1,000. This is her third year in business and this year she will turn a profit.

She owns the building and doesn’t staff full time.

Her “Whys” in no particular order include: economic development, connecting like-minded people, coaching new business owners, helping the local community keep their minds healthy through lifelong learning, and providing Internet and a great place to work for visitors.

Resources Mentioned in this Episode:

Maryann's LinkedIn profile

The Works website

Everything Coworking Featured Resources:

Masterclass: 3 Behind-the-Scenes Secrets to Opening a Coworking Space

Coworking Startup School

Community Manager University

Follow Us on YouTube

Sam Pickering is the head of the sustainability practice at Incendium Consulting which is part of the Instant Group.

Sam shares:

• What their Sustainability Index tracks and how it helps operators make better decisions about their environmental impact and changes they can make to improve their score.

• Incendium’s partnership with the International WELL Building Institute (IWBI) to create a simplified/approachable coworking version of the Well Certification.

Resources Mentioned in this Episode:

Sam's LinkedIn profile

Incendium Consulting website

The Instant Group website

Everything Coworking Featured Resources:

Masterclass: 3 Behind-the-Scenes Secrets to Opening a Coworking Space

Coworking Startup School

Community Manager University

Follow Us on YouTube