Co- working key to start-up success, finds Regus
Latest research from Regus confirms start-ups thrive in creative co-working spaces
The majority of small businesses in the UK believe that co-working is the best way for fledgling firms to thrive. This is according to the latest research by Regus, the global workspace provider.
The research, which canvassed the opinions of over 2600 UK-based small companies, found that almost three quarters (72%) identified co-working spaces as the ideal environment to base a start-up.
When asked about the benefits of co-working compared to other workspace options, more than eight in ten respondents (83%) claimed it was a much more cost-effective alternative to a fixed office. The opportunity to meet other entrepreneurs (70%) was also identified as a major plus point.
Other findings include:
- 63% of small businesses believed that co-working provides more inspiration than a traditional office setting
- 54% claimed that it provides more stimulus to keep skills fresh
- 62% said co -working provides new business/ project opportunities
- 61% said that co-working spaces offered a more creative environment that regular offices
- Two fifths said co-working helps in keeping up –to- date with industry news
Richard Morris, UK CEO at Regus said: “Meeting other entrepreneurs is critical to creating lasting business relationships and expanding your business. Co-working is a great way to expand your network of professional contacts, access invaluable advice and inspiration and raise the profile of your business.
“However, businesses still require privacy, particularly when formal meeting space for important client meetings is needed. While co-working spaces bring many benefits, meeting-room options are also essential. Businesses are looking for a flexible mix of workspace in order to tackle everyday business tasks professionally and effectively."
Regus is the world’s largest provider of workspace, with customers including some of the most successful entrepreneurs, individuals and multi-million dollar corporations.
Our network of 2,600 locations in 106 countries encompasses 43 million square feet of the world’s leading locations, offering 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 as they grow around the world.
The key to flexible working is convenience and so Regus is open wherever our 2.1 million members need support - city centres, suburban districts, shopping centres and retail outlets, railway stations, universities, motorway service stations and even community centres. With brands including Regus, Regus Express, Signature Group, Open Office, Spaces and Kora within our group, there is something for every business need, from traditional offices to vibrant creative environments that foster creative thinking and collaboration.
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