200% Revenue Growth: How One Coworking Space Transformed by Using Proximity

In the competitive coworking industry, operational efficiency isn't just about cutting costs—it's about unlocking revenue potential. A recent success story from Coworking Whistler demonstrates how with Proximity , the right management platform can transform a space's profitability.

The Challenge: Manual Management's Hidden Costs

For two years, Coworking Whistler operated on what they called a "shoestring budget," relying on manual processes and a "Quickbooks Invoice people and wait" system. Like many independent coworking spaces, they hesitated to invest in comprehensive management software, seeing it as an unnecessary expense.

The Turning Point

After evaluating multiple options, they implemented Proximity's space management platform. The results after just two months revealed the actual cost of their previous manual approach:

1. Unlocked Revenue Through Automation

• 200% increase in short-term booking revenue
• Eliminated the friction of human-dependent booking processes
• Enabled 24/7 space accessibility for potential members

2. Streamlined Financial Operations

• Automated invoicing system
• Direct integration with QuickBooks
• Seamless Stripe payment processing
• Enhanced Zapier automation capabilities

3. Unified Platform Benefits

• Consolidated event management
• Single platform for member management
• Integrated booking and billing system

The ROI Reality

Will Stew's candid reflection says, "If you're on the fence about costs around a new member management platform - I get it... but I don't regret it now for a second and wish we did it earlier."

Key Takeaways

The real cost of manual management isn't just the time spent on administrative tasks—it's the revenue left on the table. When evaluating management software, consider:

1. Lost revenue from delayed booking processes
2. Administrative hours spent on manual invoicing
3. Opportunity costs of fragmented systems
4. Potential for automated revenue growth

In today's digital-first world, automated management isn't a luxury—it's a crucial investment in your coworking space's growth and sustainability.

Are you still managing your coworking space manually? The question isn't whether to modernize, but when. As Coworking Whistler's experience shows, the sooner you make the switch, the sooner you can unlock your space's full potential.