Whether you are into a small business that is based out in a retail office or space, it is quite possible you are spending money on that particular space rather than making money on every square foot.
There are many ways empty classrooms can be used for small businesses. There are many strategies one can put to use in the right way to help earn extra revenue for the business. All it takes is imagination, brainstorming, and the right marketing.
To put it into place, here are few things to consider to bring in that extra revenue with the space for business.
Related Topic: What activities can be done in short term renting space?
Lease out extra desks/ classroom space
Just like you, many small business owners are starting a small business on a low budget. They may start by working at the kitchen table to do their daily business or by sitting in a fancy Starbucks café. But with great concentration and growth, there has to be a small space of their own to do their business with themselves or with their small team.
It is very uncommon to find a space like an empty classroom to do their business who would find success to rent or buy so that they can grow into. Classrooms at this time can be used for businesses, meetings, important business discussions, etc. At the start, it can look a little unusual but with such spaces, small businesses can get the opportunity to grow their team and their business at the same time. The perfect space may be utilized for the business sometime in the future.
Set up the extra space in the classroom space as a rental or lease an empty desk in the back office. You can even make arrangements to have renters and make the best use of the classroom equipment’s like a board to explain a few things, tables to sit, etc. You can even arrange office during weekends or in the evenings when you and the staff aren’t present in the space.
Related Topic: Long term renting benefits
Training classes and seminars
Does your house have enough space to hold seminars or training coaching places? Or does it have a classroom set up with a marker board and projector screen display? You can design workshops, seminars, or even training in the empty classroom. You can handle seminars on how to better handle finances, a home decorating workshop, and training clients can come to learn how better to use your product.
Another idea if your space is suitable and desirable as a training center is to rent it out for other businesses for training and seminars. Using an extra space for utilization could bring a considerable amount of revenue to your business.
Rent the equipment’s present in the classroom
Do you have special equipment or stationery that can be used for business? If you have a piece of special woodworking equipment, it can be best used for other businesses.
The equipment present in an empty classroom can be useful for others. There is another catering company starting that specializes in wedding cupcakes. There can be the use of the equipment once a week or every day by another specific person. You can rent out the equipment during off-hours as well. You can help other small business owners to succeed and help them bring additional revenue. This goes for any other type of business or individual who needs access to special equipment that you may have.