Community Hub &CoworkingStartUP GuideFor Property Owners on Vancouver Island

overviewThe Network Hub is a coworking space business model that is 100% brand managed and systems supported by effectual entrepreneurs.

Our vision is to build a network of coworking spaces in partnership with property owners with a conscious capitalism mindset looking to make a financial, social and community impact.PACTIG

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Coworking statistics● 40% of the workforce will be freelancers, temps, independent contractors, & solopreneurs

by 2020● 70% of coworkers reported they felt healthier than they did working in a traditional office

setting● 91% have better interactions with others after coworking● 78% of coworkers are under 40● 90% said they feel more confident when coworking● 50% report higher incomes● Only 30% prefer to work during normal business hours

Source: Huffington Post Business

The resident population of Vancouver Island is approx. 785,000 and is projected at 850,000 by 2025

Vancouver Island services 3.8 million overnight visitorsEstimated 10,000 international students reside temporarily on Vancouver Island

The Network EffectMembers of The Network Hub have access to over 1022 coworking space partners internationally for up to 3 days for free!

The Network Hub helps put Vancouver Island on the map for global workers and travelers while servicing local business owners.

Source: viea.ca/business--living-on-vancouver-island/

Top Reasons to add coworking to your property1. Bring suppliers & contractors closer. Proximity breeds efficiency when regular

conversations are required to progress business/projects.

2. Enhance your work environment for your own team. Coworking spaces are inherently innovative, social, inspiring, and productive - all of which are infectious!

3. Business building culture. Your business relies on collaboration, fostering entrepreneurial thinking internally & externally, building an impactful brand, and getting work done. So does ours. Let’s work together.

4. Turn under utilized spaces into revenue streams. Board Room(s), Reception Areas, Work Room(s) can earn revenue when not in use by your team. Let’s work together to create new revenue.

5. Use small business to attract big business. Compliment your offer of big ‘leasable space’ by offering offices, desks, work passes, meeting, event and training space to Members and public.

6. Benefit from increasing square footage return-on-investment. Reap the benefit of increasing return-on-investment on your spaces over time.

You know you want a coworking space onsite. So, let’s do business together.

STEP 1 Sign a Letter of Intent with The Network Hub Vancouver Island licensee Angie Barnard.

angie@thenetworkhub.ca250-591-8847 (Nanaimo office)

➔ Property ownerINFRASTRUCTURE - START UP LABOUR & SET UP - LOCAL PARTNERSHIPS

➔ Management teamDAILY OPERATIONS - SALES - MARKETING - LOCAL PROGRAMS & EVENTS

➔ The Network HubBRANDING - REGIONAL PARTNERSHIPS - TRAINING & IT SUPPORT - OPERATING SYSTEMS - REGIONAL PROGRAMS & EVENTS

Snapshot of Partner Roles

Typically, there is a 50-25-25 split of revenues. Expenses are assumed by partner based on their role and detailed in the Letter of Intent & (later) Partnership Agreement. Basic financial model is available on request depending on property size, layout, location, etc.

STEP 2 Confirm which MEMBER* SPACES you will offer on location:

Meeting Room(s)Office Space (S, M, L)Desk SpaceWork PassPopUP Pass

*Members sign an Agreement for regular access to the space on a monthly+ basis

➔ 1 or 2 high rsolution photos of EACH rentable space without peopleThe photos will show highlights of the space (e.g. Meeting room tables, chairs, whiteboard

➔ Booking rates/pricesTo be confirmed, but the following is a recommended starting price: Work Desks ($250), Small Office ($500), Medium Office ($750), Large Office ($1,000), Work Pass ($200).

➔ Establish “Member Agreement” templateEdit our template to reflect location specific inclusions and shared amenities - at a minimum: printer/scanner, high speed wifi, use of meeting room, full or restricted access (i.e. 24/7 or 9-5pm), kitchen use, mailbox service, key/access details, key contacts. Plus a description of nearest parking.

➔ Create a location specific Member HandbookThis is to be co-developed with property owner and will include location logistics, protocols, training and additional offerings.

Checklist - Member spaces

STEP 3 Confirm which PUBLIC SPACES* you will offer on location:

Meeting room(s)Event spaceTraining spaceStudio spaceDrop In desksPopUP Shop***No membership is required, so consider parking, security and access requirements, **PopUP shop ideal for high traffic locations.

➔ 1 or 2 high resolution photos of EACH rentable space without peopleThe photos will show highlights of the space (e.g. Meeting room tables, chairs, whiteboard

➔ Booking rates/pricesTo be confirmed, but the following is a recommended starting price: Meeting Room Small ($15/hr), Meeting Room Large ($25/hr), Event/Training Space ($45-100/hr), Studio Space (varies based on technology/equipment), Drop-In ($5/hr)

➔ Establish Start & End times for public accessDaily times (i.e. 8am - 9pm...or 9am - 4pm) ♦ Weekend times (if applicable)

➔ In-house staff training to book spacesThis is important if internal staff i) are responsible for ‘live reception’ of the spaces, and ii) need access to space but will not be charged for usage.

➔ Create ‘Public Users Handbook’ - location specificA template is available, but will need to include/consider local logistics, catering, security and access, parking, etc.

Checklist - Public spaces

STEP 4 Confirm which SERVICES you will offer on location:

MailBox RentalReceptionA/VCateringParkingConsulting or Training Other: Other:

➔ 1 or 2 high resolution DESTINATION photosIdeally, an iconic symbol of your city/location (to easily differentiate between other locations).

➔ Mail ServiceThese are standard rates offered at all locations of The Network Hub: Mail Box Rental ($30/month), Mail/Scan ( $50/month), Mail/Scan/Forward ($75). www.thenetworkhub.ca/mailbox-rental

➔ Local services, programming and eventService information should be included in Staff and Member Handbooks for consistency of access to information. These are promoted location specific.

➔ Scalable servicesIf you are able to provide an additional ‘Service -on-demand’ suitable for all locations of The Network Hub, we are happy to consider it as a value-add offering - www.thenetworkhub.ca

Checklist - Services

Create a Marketing Campaign. To be developed between property owner, on site management team and The Network Hub. The campaign will highlight location specific priorities, messaging; and identify costs and responsibilities of partners.

Confirm launch dates.Soft launch date ____________________.

Systems to be in place to allow for early Member sign-ups of Office, Desk and Work Pass users.

Full launch date ____________________.

Systems to be in place for all full Member and Public use of rental spaces; plus launch of marketing campaign.

Sample Ad for demonstration purposes only

Top Reasons to partner with The Network Hub 1. We operate as a business. The Network Hub opened its first location in 2006 (before

coworking was popular) so we know the business. We are a for-profit enterprise and expect the same results for our business partners.

2. Our team is committed to building your business. Our partnership agreements are based on a shared risk and shared revenue model, so we only invest with those partners where a win-win potential exists.

3. We are set to scale. Our systems, our Membership network and our brand DNA have the potential for you to open a turn-key coworking space within weeks or months.

4. Our leadership team knows the region. Our leadership team is well connected in the BC business community in Vancouver, Whistler, New Westminster, Nanaimo, Richmond.

5. We can deliver or license our PROGRAMS. We have the license for programs that can add value to your coworking space to service niche markets. This includes, but is not limited to: Artist-2-Entrepreneur; Kick for StartUPs (available outside Capital region), Event Transformer. More information is available on request.

The Network Hub location milestonesSept 2006 Vancouver opens

Sept 2011New Westminster opens

Dec 2013

June 2015Nanaimo opens

2006 2011 2013 2015 2016-2017

Whistler opensWhich month?Your location opens

Meet AngieAngie’s passion is community building leveraging the power of coworking, coliving and coproduction facilities & events to foster cashflow, equity, sustainability happiness return-on-investment - 1 property, 1 community, 1 distinct industry at a time.

Working locally as the Vancouver Island licensee, Angie works to enhance spaces and communities with the The Network Hub team, brand and business model. www.thenetworkhub.ca

Working globally, Angie has partnered with coworking & collaboration experts in Toronto, San Franscisco to value-add to infrastructure projects through Thrive Junction. www.thrivejunction.com

What people are sayingI’m a people person so working alone is no fun. I love the flexibility of some days working beside creative people; and other days staying at home. Jamie CruickshankC4 Travel & Adventures

We recently joined The Network Hub to service our expansion on the Island & love their professionalism and social media savviness.

Paul Holmes,Smart Dolphins IT

More testimonials online - www.thenetworkhub.ca/about/community

We’ve been using The Network Hub for years as a corporate mailing address for stability. Our company engages freelancers [worldwide] - many working in coworking spaces - & I love my new desk here.Stu Wenschlag,Animation Studio

Let’s get work done!

If you are a property owner or are driving economic development for your industry on Vancouver Island and would like more information about establishing a coworking location for YOUR community I would love to connect with you.

Angie Barnard

ca.LinkedIn.com/in/:/angiebarnard | /company/the-network-hub

www.Facebook.com: /angie.barnard.102 | /TheNetworkHubNanaimo

Twitter: @AngBarnard @NanaimoTNH @SOHOSummit

www.thenetworkhub.ca/nanaimo | www.thrivejunction.com