The owners of Epicentral Coworking in downtown Colorado Springs are expanding their business even as they prepare to end their business partnership.
Hannah Parsons and Lisa Tessarowicz started their membership-based coworking business in January 2012 with just two members, Parsons said. Today, they have about 60 members, and are moving their business to a larger space at 415 N. Tejon St., next door to their current location.
Tessarowicz purchased the building on March 21 and hopes to open it for business in June. But by then, Parsons will only be around as an Epicentral Coworking member and not Tessarowicz's business partner. The two women will end their business relationship, but not their friendship, on April 30, Parsons said.
"She is buying me out, and I will start working on other projects," Parsons said. "She will be the sole owner."
Parsons said she did not know what she will do after April 30, but Tessarowicz said she would not be surprised if Parsons started another business.
"Often times, entrepreneurs love starting things," Tessarowicz said. "For them, the pleasure is all in the starting, and once it is up and running the excitement is gone, and Hannah is ready to start something new. That is where she gets her passion from."
The coworking concept allows independent contractors to use a desk, conference room or other space for a daily or monthly fee, much like a health club membership.
"Epicentral Coworking aims to cultivate the entrepreneurial community in Colorado Springs by providing innovative risk-takers the space and tools to launch for-profit and non-profit ventures, create jobs, solve problems, and drive economic development," the organizatin's website says.
Tessarowicz believes there still is more to do with her coworking space than her current location at 409 N. Tejon will allow. With the new building, she can add private offices, conference rooms and a larger main coworking and event space.
"Business start-ups and small businesses have a life cycle," Tessarowicz said. "Currently, we can only exist being in the early part of that life cycle and we want to be a part of that life cycle longer before they grow out of our space."
Parsons believes Epicentral Coworking's history proves there is still room to grow.
"It is growing rapidly, and if we see the same kind of growth as in the past, we could double again in the next couple years, and the new space will allow for that," she said.