Answering the $1M Question

Now that you know what makerspaces are, it’s time to explore the plethora of resources collected to help design your own.   To create any successful business, first you need to plan.  The information found in this section represents a how-to-guide to making a commercial makerspace.

We realize that it may not be possible for everyone to read the complete guide, so we ask that you read a minimum of 2 sections and participate in the related discussion topics, before proceeding to our sample page and activities.

For convenience,  the following presents a brief description of what to expect in each section.

Community Assessment 

Before you invest any considerable amount of money or time into your project, you better make sure to assess the local community where you hope to build your makerspace.

Administrative Models

Examine your desired goals for your makerspace before commiting to a particular administrative model.

Business Plan and Models

Explore three different makerspace business models, to select the most appropriate.

Choosing Space

How much room do you need? How much room can you afford?

Tool Selection

What tools do you need to create your ideal space?  Potential customers and space are key aspects to consider here.

Funding Strategies

What are some common, and not-so-common methods for funding these spaces?

Making a Profit

What type of expenses can you expect?  What are potential sources of income?

Marketing Strategies

Once the makerspace is almost finished, you need to attract clientele.  What are the some of the best methods for marketing your makerspace?

Staffing

Once the makerspace is set up, you need to decide what positions should be filled to make it a success.

Legalities and Insurance Issues

What types of insurance are required and how do you get it?

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