As a coworking business owner, you gotta know your numbers. Do whatever it takes to get into the habit of reviewing your goals and progress against those goals every single week.
The most important numbers on your score card at the beginning of 2022 are:
- How many tours do I have booked?
- How many show up?
- How many convert?
- Where are those leads coming from?
What “product” are they interested in?
Knowing these numbers will help you predict the time it will take to get to full occupancy (our goal!) if everything stays the same in your business. It will also give you the documentation and confidence you will need to sell a bank, an investor, a spouse, or a landlord partner, on funding for a new location.
Here are the resources we mention in the podcast if you want to grab them:
Everything Coworking’s Ultimate Guide to Coworking KPIs
Not fancy sample Coworking Scorecard
The book Traction (must read!! And get the paperback, not the Kindle version)
Also….while you’re here…if you’re on Apple Podcasts, go back to the main screen for this show, scroll down past the episodes and leave us a rating and review! To leave a written review, you have to click the “Write a review” link under the sample rating you see on the screen.
Thank you in advance!