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Leah Stewart
Senior Account Executive, East Communications
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Dublin,
20
November
2014
|
11:17
Europe/Dublin

Regus research reveals small firms focus on collaboration

Two thirds of small businesses believe co-location encourages entrepreneurship

A new study by flexible workspace provider Regus, published to coincide with this week’s Global Entrepreneurship Week, reveals that the vast majority of small company owners believe collaborative work environments, where many firms co-locate, are better for business than traditional leased premises.

In the poll, which canvassed the opinions of business owners across Ireland, small firms report that collaborative workplaces provide better value for money (90%), create valuable business connections (80%) and help them scale their businesses rapidly (76%). Over three fifths (63%) believe co-location inspires innovation.

Karen Lawlor, Country Manager for Ireland at Regus, comments: “Deciding where to work is a fundamental question facing every small business. The ideal workplace should enable each member of the workforce to get their job done in the most productive way possible, working where, when and how it suits them. Fortunately, today’s business owners have a multitude of practical options available to them, in stark contrast to previous generations.

“Co-locating with other businesses is an increasingly popular solution and our research highlights that cost reduction and scalability are the primary drivers, but the secondary benefits are proving equally compelling. This corroborates our own customer feedback – that working under the same roof (or even in the same office) as other firms breeds dynamism, entrepreneurship and valuable opportunities to learn from others.”

Start-ups in particular are reaping the benefits of collaboration as a more practical alternative to the traditional option of working from home.

Regus is the global workspace provider with centres in Dublin and Cork. Its customers include Google, MasterCard and Toshiba as well as thousands of SMEs.

Boilerplate

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: www.regus.com