What is à la Carte Pricing Costing You?

Shared lab space is critical infrastructure needed for young life science companies to succeed, but finding the right place to call home can be a frustratingly arduous process. Different business models make the process even more confusing, with unclear fees and unexpected charges being all too common. BADASS Labs takes most of the variables out of the equation, by offering a flat “all-inclusive” rate.?

All Inclusive vs. à la Carte

Biotech incubators with à la carte pricing may appear more affordable on the surface, as the base pricing for things like benches and cubicles look favorable. Once you dig deeper though, ever escalating line items, complexity, and unpredictable fees start to cost you time, money and peace of mind. The are many benefits to what an all-inclusive model holds:

Simplicity and Transparency: An all-inclusive model offers simplicity and transparency when it comes to what your lab and office space will actually cost. There is no “nickel and diming” for services and access that should be part of any incubator. You can easily understand what the total cost will be without concern about what charges might appear later.

Streamlined Operations: We believe scientists’ hours should be spent at the bench. No need to do arduous amounts of paperwork for protocol approvals, spend hours on the phone arguing with account reps, worrying about anticipating what your equipment use might be or managing your own hazardous waste handling. In our all-inclusive model, all of your operations costs are included, not only saving you time but also your bottom line.

Predictability: Knowing the monthly cost upfront allows you to budget more effectively. There are no surprises or unexpected expenses that may arise later, providing peace of mind and financial predictability. BADASS Labs is able to scale with you and at the pace you require. Costs are based on resource allocations, not per employee, per use or per hour.

Reduced Decision Complexity:? There’s no need to budget your time, worry about account management, or the affordability of adding a user to certain equipment. Unlimited use of all lab and office resources, such as equipment and specialty rooms, allows you to use the space as you naturally would in a private lab. There is a seamless flow from the work desk to the work bench without having to log hours, weigh trash or worry about accounting.

Reduced Operating Timelines: Our all-inclusive model in a fully supportive lab environment allows you to hit the ground running and start research right away. There’s no need to spend time setting up outside vendor accounts, worrying about convoluted experimental design approvals or endless committee meetings. Execute right away, not after a six month delay of pending reviews.

Reduced Cost: At the end of the day, money is the thing that matters. Here is where an all-inclusive model truly shines. Compared to popular competitors that utilize à la carte models, BADASS Labs often comes out at 50% the monthly cost. There’s no arguing with that.

à la carte pricing seems tempting as the base cost can appear quite low, but the all too often reality is that research costs will quickly exceed the base model.

The all-inclusive pricing model streamlines operations, enhances the startup experience, and promotes a sense of ease and trust in the lab environment. Startups often have limited resources and require a supportive ecosystem to focus on their core research and development activities.?

à la carte pricing adds the burden of evaluating and selecting individual components, making it time-consuming and potentially distracting from your primary goals. Additionally, the uncertainty of total costs and potential hidden fees can hinder budgeting and financial planning.?

In contrast, biotech incubators with all-inclusive pricing provide simplicity, transparency, and cost predictability, allowing startups to concentrate on their scientific pursuits while benefiting from comprehensive support and resources.?