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SPACES. f or business prototyping. Spaces Explained CONVERT UNDERUTILIZED SPACES INTO ROTATING, EXPERIMENTAL VENUES TO HELP BUSINESS IDEAS GROW^ Assume long-term lease or ownership of space Offer modular, re-usable support kits Equipment, furniture, staging Staff, consultation
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SPACES for business prototyping
Spaces Explained • CONVERT UNDERUTILIZED SPACES INTO ROTATING, EXPERIMENTAL VENUES TO HELP BUSINESS IDEAS GROW^ • Assume long-term lease or ownership of space • Offer modular, re-usable support kits • Equipment, furniture, staging • Staff, consultation • Transactions, I.T. • Marketing • Bookkeeping, etc…
The Business Model Acquire innovators that want to test small business ideas. Charge for rent, staff and support activities. We will charge $10,000 per month for two clients at the same location. This nets the company $7,889.33 per month not counting start up costs which we estimate at $200,000.
Scaling the Business Model To scale we need to add locations. Starting with a single location the company will net $94,720 per year. Scaling up to 8 locations nets the company $757,760 per year.