Free calculator for coworking operators
Can you afford to hire a community manager?
A community manager keeps members and fills offices. The salary starts at once. The payback comes from higher occupancy and fewer move-outs.
Lowest cash, next 12 months
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Cost before they pay off
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wages paid before new revenue starts
Paid back by
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month the hire covers its own cost
| Month | Without the hire | With the hire |
|---|
The starting numbers are an example for a coworking space. Replace them with yours.
The worked example
Here a community manager costs $4,500 a month and starts bringing in $6,000 a month after 3 months. The business pays $13,500 before the hire covers a dollar of it.
How to make the hire safer in a coworking space
- Set an occupancy goal for the role before you hire.
- Track move-outs before and after the hire.
- Start the hire ahead of your largest member renewals.
See every hire in your forecast
One Page CFO adds the hire to your 13-week forecast and shows the tightest week before you commit.