Riipen has offices in Vancouver and Toronto. The Toronto office has quadrupled in 2019, growing from 2 to 10 employees. We are currently working out of a co-working space, but as we grow are considering leasing dedicated space.

When assessing the cost of new space, we need to consider the total cost of leasing an office. The cost per person at our co-working space covers furniture, internet access, cleaning services, key card access (security), and a kitchen with free coffee, milk, and snacks. Were we to rent a new space, we would need to absorb all of these costs.

It is difficult to gauge the affordability of a new space, because the rent is only a portion of cost. We would like to understand what monthly lease will allow us to pay the same or less per person than we do now, given that we will also need to cover cleaning, furniture, internet, etc.

We would also like to understand how many staff is "too many" to stay in the co-working space. At what point does it make financial sense to move?