Question
You run a shared workspace company. Given the data, how many total hours do you need to break-even per month? - No fixed costs -
You run a shared workspace company. Given the data, how many total hours do you need to break-even per month?
- No fixed costs - Rent: $8000/month - Other Expenses: $8000/month - Membership Rate: $5/hr/person In 3 months, you have 300 customers who average 10/hrs per month. Calculate profit/loss You are offering a promotion for new customers. Get 15 hrs for $60. Every hour after is $4/hr - Given the two cohorts of customers, (regular pricing vs promotional pricing) how many customers do you need of each cohort to break even? - Calculate avg number of hours per month someone who doesnt use the promotion need to use the workspace to achieve $15,000/month revenue - Does this promotion work as intended (to maximize/increase revenue per customer)?
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