Meeting and Boardroom Facilities

Startup Costs: $50,000 - $100,000
Franchises Available? No
Online Operation? Yes

THE BRIEF

For startups who are growing but don’t have an office equipped to host a major meeting or conference, the ability to rent boardroom space is a big need. Companies like Breather, LiquidSpace and Peerspace are examples of platforms that allow people to rent meeting space as needed, whether it’s for a month or just an afternoon. You’ll need to outfit each boardroom facility with furniture, office equipment and internet connection among other amenities depending on the needs of your customers. To get started, you’ll need an understanding of your local real estate market and begin building relationships both with the commercial real estate community and startups in your area. 

ASK THE PROS:

How much money can you make?

Facilities managers make an average salary of $71,449 in the United States according to career site Glassdoor.

What’s the most important thing to know about this business?

“We’ll never eliminate the office, but the office needs to adapt to the person … Freelancers are a big portion of the population now. I really think that we can be a big part of the everyday worker’s existence.” - Breather co-founder Julien Smith.

Meeting and Boardroom Facilities Ideas

Home Office Planner

Think you have the key to office space success? Help entrepreneurs design their home bases.

Red Carpet Service

Make a business out of giving parties the Hollywood treatment. Red carpets, valet service and emcees are just some ideas for this event planning service.

Flier Distribution Service

Help clients distribute fliers with this low-cost advertising method.

More from Business Ideas

Side Hustle

I Made $14,000 in 1 Week With a Spontaneous Halloween Costume Side Hustle — Here's How

Sabba Keynejad was in art school when he started to refine his entrepreneurial skills.

Franchise

Subway's CEO Steps Down Amid a Major Transition for the Sandwich Giant

John Chidsey will step down at the end of 2024, marking the close of a transformative five-year tenure.

Starting a Business

He Had $75 When He Immigrated to the U.S. as a Refugee. Then He Started a Business — and Grew It to $1.2 Billion.

Payam Zamani, founder, chairman and CEO of private equity firm One Planet Group, faced numerous challenges as an immigrant entrepreneur, but none of them deterred him from his vision.