Can You Turn Extra Office Space Into a Coworking Business?

Many businesses look around their half-empty offices and wonder: Could we turn this extra space into a coworking business? On the surface, the math feels simple. You’ve got extra square footage, private offices, open desks, keyless entry, and even a coffee machine. Why not bring in some outside members and generate revenue? In this episode, I break down why launching coworking isn’t as straightforward as filling space — and what companies need to consider before jumping in. What I cover: - How much revenue a 2,000 square foot coworking add-on could realistically generate - Why marketing to 20 people takes as much effort as marketing to 200 - The role of staffing and why an existing office manager can make or break the model - Why owning your building changes the equation significantly - How bringing in coworking members can actually add energy instead of creating distractions Everything Coworking Featured Resources: - Community Manager University - https://everythingcoworking.com/community-manager-university/ - Masterclass: 3 Behind-the-Scenes Secrets to Opening a Coworking Space: https://courses.everythingcoworking.com/behind-the-scenes-secrets-organic-opt-in - Coworking Startup School: https://courses.everythingcoworking.com/coworking-startup-school-organic-2025 🔔 Hit subscribe now & stay tuned for valuable tips, interactive podcasts, industry trends, and expert interviews on building and running a profitable coworking space! https://www.youtube.com/@everythingcoworking/?sub_confirmation=1 🔊 Listen to my podcasts 🔊 → https://www.everythingcoworking.com/podcast ⭐ ⭐ ⭐ Audio Podcast is currently on your favorite platforms: 👉ApplePodcast:https://podcasts.apple.com/us/podcast/everything-coworking/id991355914 ============================= 🎬 Recommended Playlists 👉 Coworking Education https://www.youtube.com/playlist?list=PLfZE25IKRGiPEyB1WWerqofvHZoNh8DvJ 👉 The Everything Coworking Podcast https://www.youtube.com/playlist?list=PLfZE25IKRGiNG_v8lEhiJRnqUmnREmeHN 🎬 WATCH MY OTHER VIDEOS: 👉 Meagan Slavin, COO of 25N Coworking on Management Agreements and Leadership https://www.youtube.com/watch?v=IFfSSAxiycs 👉 Shlomo Silber, Founder of Bond Collective, Dishes on His New Venture https://www.youtube.com/watch?v=8XtQoj-dkuY 👉 Co-Warehousing Pioneer with Philip Freeman, CEO of Murphy’s Naturals and Founder of The Loading Dock https://www.youtube.com/watch?v=uNEsl1I4jIU 👉 How Maryann Baldwin Drives Economic Development in a Town of 1,000 with Her Coworking Space https://www.youtube.com/watch?v=PGGf4cLy2fA 👉 From Bronx Roots to Coworking Success: Ramon Gonzalez's Journey with Thrive https://www.youtube.com/watch?v=1hAq6FK5OX4 ============================= ✅ About Everything Coworking. Welcome to Everything Coworking! I help you launch and run profitable coworking spaces that fit your business and personal goals. Tune in for tips, advice, and insights on creating a successful coworking space. Learn from my weekly podcast, which features expert interviews and industry updates. Whether you're just starting or looking to improve your space, I've got you covered. 🔔 Hit subscribe now, and you won't miss expert tips, industry updates, engaging podcasts, and expert interviews on launching and running a profitable coworking space! https://www.youtube.com/@everythingcoworking/?sub_confirmation=1 ================================= #coworking #office #podcast #community #coworkingspace #vision #flex ⚠️ Disclaimer: I do not accept any liability for any loss or damage incurred from you acting or not acting as a result of watching any of my publications. You acknowledge that you use the information I provide at your own risk. Do your research. Copyright Notice: This video and my YouTube channel contain dialogue, music, and images that are the property of Everything Coworking. You are authorized to share the video link and channel and embed this video in your website or others as long as a link back to my YouTube channel is provided. © Everything Coworking