Top five benefits of collaborative workspaces for small businesses
Almost All Canadian Small Businesses (97%) Say Collaborative Working Provides Better Value for Money
TORONTO, October 1, 2014 - Across the world, businesses agree that collaborative workspaces are good value, breed efficiency, and inspire innovation and entrepreneurial activity. So more and more businesses globally are choosing collaborative work environments to provide their staff with top-class locations in a more cost effective and flexible way.
The latest Regus survey analyzing over 22,000 respondents in more than 100 countries confirms that 89 per cent of firms think that collaborative workplaces are better value for money. More specifically with Small Business Week in Canada (October 19 – 25) just around the corner, Regus asked Canadian businesses under 50 employees about the benefits of collaborating working and found almost unanimously that:
- 97% collaborative working provides better value for money
- 95% reduce maintenance and cleaning costs
- 88% provide introductions to potential clients
- 88% allow them to rapidly expand and contract without hefty penalties
- 85% provide introductions to potential partners
But the benefits of collaborative workplaces for Canadian small businesses do not stop here: co-locating businesses share costs, but also industry knowledge and ideas making this the ideal breeding ground for innovation (77%) and entrepreneurial spirit (80%), all key features for growing businesses in Canada.
“We are not surprised to find that almost all small business owners in Canada say collaborative working provides better value for their money. Workers globally agree that collaborative work environments are an optimal solution to help businesses save money and reduce risk,” said Craig Townsend, Director of Marketing and Partnerships at Regus. “But cost reduction is not the only factor driving collaborative workplace popularity, collaborative working develops a more innovative and entrepreneurial outlook and lets small business owners be more agile.”
Unlike traditional leasing arrangements, collaborative workplaces are generally more flexible allowing firms to expand and retract as the market demands reducing risks for small businesses.
Regus is the global workplace provider.
Its network of more than 2,000 business centres in 104 countries provides convenient, high-quality, fully serviced spaces for people to work, whether for a few minutes or a few years. Companies like Google, Toshiba and GlaxoSmithKline choose Regus so that they can work flexibly and make their businesses more successful.
The key to flexible working is convenience and so Regus is opening wherever its 1.5million members want support - city centres, suburban districts, shopping centres and retail outlets, railway stations,
motorway service stations and even community centres.
Founded in Brussels, Belgium, in 1989, Regus is based in Luxembourg and listed on the London Stock Exchange. For more information, please visit: