Anderson Business Advisors Podcast

All Good Works Foundation - Office Leasing Meets Nonprofit

June 22, 2019

As you get older, instead of doing nothing, keep going. Your life begins when you get involved in an ongoing charitable organization. The concept of not being productive is anathema.Today, Toby Mathis of Anderson Business Advisors talks to Frank Cottle, who believes the concept of not being productive is anathema. Following in his father’s footsteps, Frank found a way to give back to the community by starting All Good Work and All Good Coffee. Frank is also the owner of Alliance, one of the largest office suite providers in the world.

Highlights/Topics:

  • Service Office/Coworking Industries: Market value depends on company size based on  revenues and square footage for customer service capacity
  • Land Banking: Build buildings using smallest amount of bricks and mortar to generate the greatest amount of revenue to hold onto land with excess entitlement
  • Business Model Changes: Alliance started as property company doing land banking to leasing spaces to selling spaces to network and software model
  • Giving Back via Vacancy Factor: Put unused space to good use by creating All Good Workspace Foundation; space is second highest cost, after efforts to raise capital
  • Old-fashioned Church Charity Mentality: Feed, house, and cure through education
  • Recruitment and Referrals: Non-profit world is very helpful to one another
  • Workspace is workstation with desk, chair, bandwidth, and coffee; everything needed to get the job done
  • All Good Coffee: Company created to sell coffee to host facilities giving space

Resources

All Good Work

All Good Coffee

Alliance

WeWork

Regus

HQ

Blackstone

Real Estate Investment Trust (REIT)

Unrelated Business Income Tax (UBIT)

The Gospel of Wealth

From Traumatic Brain Injury To Nonprofit VICTORY!

Toby Mathis

Anderson Advisors

Anderson Advisors Tax and Asset Protection Event

Anderson Advisors on YouTube