How to Earn Extra Income as a Small Business Owner

Spoorthi, a coffee shop owner in Brooklyn, NY, was looking for ways to drive additional revenue when she stumbled upon Peerspace and learned she could host after-hours events in her space. These events fit seamlessly into Spoorthi’s existing operations – maximizing her space’s utilization in the evening without interrupting her primary business.  

Did you know? Coffee shops on Peerspace earn up to $2k
per weekend renting their space for events. 

While researching ways to earn extra income, Peerspace stood out to Spoorthi because of the platform’s ease of use and self-service approach. “[Peerspace] removes the need to actively seek out renters, as the platform connects hosts with a wide audience looking for spaces like ours,” notes Spoorthi. “[Peerspace also] handles the logistics of bookings, payments, and insurance, allowing hosts to focus on providing the best experience without worrying about the administrative tasks.”

“It’s easy and efficient, another source of revenue, and security knowing a professional is helping manage the process. Definitely recommend! [Peerspace] helps your business scale if you are just starting out.”

– Spoorthi, coffee shop owner and Peerspace host

Since becoming a Peerspace host in November 2021, Spoorthi has hosted birthdays, holiday parties, baby showers, and more after-hours at her coffee shop. Her favorite event was a post-engagement party: “The event stands out because our space’s location near the Path (subway) station made it exceptionally convenient for the couple, who had just gotten engaged in New York and walked directly into their surprise engagement party,” explains Spoorthi. “What made this event even more memorable was the realization upon their arrival that we personally knew the couple, a connection we hadn’t made during the booking process. This added a unique and special layer to the experience, both for them and for us.”

Spoorthi highly recommends Peerspace to fellow retail space owners as a tool to help scale up small businesses – especially those who are just starting out and looking to augment their business’s primary income stream. 

Want to learn more about Peerspace’s ‘Peace of Mind’ Guarantee for hosts? Read the details here.

Ready to get started and list your space on Peerspace? Learn more here.