Optix’s Post

Only 11% of coworking spaces are profitable in year one. By year four, that number jumps to 50%. The difference isn't luck. It's knowing where the money leaks and how to plug those holes. Profitable coworking spaces share three characteristics: diversified revenue, controlled costs, and operational efficiency. Revenue diversification matters more than you think. Memberships alone won't sustain you. Meeting room rentals, virtual mail services, event space, and corporate partnerships can add 15-25% to your bottom line. Cost control determines survival. The biggest leak? Bloated headcount. Adam Hyman manages three KoWorks locations by himself using automation. No small team. No administrative overhead. Operators implementing full automation report 15-25% reduction in administrative labor costs. That's not efficiency. That's transformation. Spaces using Optix Automations onboard members faster, collect payments reliably, and reduce no-shows through automated reminders. Every manual task eliminated is time redirected toward revenue-generating activities. The coworking industry will grow from $22 billion in 2024 to $82 billion by 2034. The operators capturing that growth aren't working harder. They're automating smarter. Read all about it here: https://lnkd.in/gyn-fdnz

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