322. Tired of the Cost per Square Foot Conversation? Shift to Total Cost of Occupancy
Everything Coworking · Jamie Russo
October 25, 202343m 16s
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Show Notes
Are potential members trying to get you to talk about cost per square foot? Shift the conversation to "total cost of occupancy" and compare the total cost of a traditional lease, or even a sublease, to a coworking option.
In this episode:
- We explore the concept of TCO, which goes beyond initial rent costs to consider all expenses associated with office space.
- We break down the TCO for coworking and subleasing, emphasizing the importance of hidden costs, flexibility, and included amenities.
- Learn how to use TCO as a powerful tool in conversations with potential customers, helping them understand the true value of coworking for their businesses.
Resources Mentioned in This Podcast
The Total Cost of Occupancy Blog Post
Everything Coworking Featured Resources:
Masterclass: 3 Behind-the-Scenes Secrets to Opening a Coworking Space
Coworking Startup School - Phase I: Validate