[hackerspaces] what is your opinion about the closing of 3rd ward?

Florencia Edwards floev22 at gmail.com
Mon Oct 14 02:41:13 CEST 2013

Managing  a makerspace or hackerspace is soo hard. I think that this
happening put the fact out there that its hard and requires subtle work and
communication. Before this i thought only our makerspace struggled with
money ,prices ,and how to make everyone welcome but not go bankrupt for not
charging. This makes me realse we are not alone and that we can learn from
this mistakes.
El 13/10/2013 20:33, "William Macfarlane" <wmacfarl at gmail.com> escribió:

> Yeah, I guess my question was whether there could be a trick of
> contract-law that resulted in giving membership refunds priority over other
> debts.
> I did forget about personal guarantorage, which is a foolish thing to
> forget about since I'm the personal guarantor on the line for my space.
> On Sun, Oct 13, 2013 at 7:24 PM, Arclight <arclight at gmail.com> wrote:
>> There are a few problems with choosing who to pay if you close down.
>> First, it's become common for corporations, including non-profits, to need
>> personal guarantors when they sign leases or pretty much do anything these
>> days as a startup.
>> Not paying the later rent check might leave your "angels" in a big
>> financial mess.
>> Secondly, if you actually need to declare bankruptcy, you absolutely
>> cannot give preferential treatment to anyone. The court decides who will
>> get what share and when, regardless of what you think is equitable. If you
>> accept a preferential payment, you can be forced to give it back later.
>> And I do agree that not having "the money talk" early and often is the
>> surest way to fail.
>> Arclight
>> _______________________________________________
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>> Discuss at lists.hackerspaces.org
>> http://lists.hackerspaces.org/mailman/listinfo/discuss
> --
> -Will
> www.partsandcrafts.org
> _______________________________________________
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> Discuss at lists.hackerspaces.org
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