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“How can we leverage our resources more effectively?” “How do I get big, fast?” Angel Investors have heard your questions “How will I shift to meet my clients’ needs? “ “Why can’t vendors offer flexibility?” “Will I lose out to companies with a bigger image?”

Regus - Angel Venture Forum - Presenter Final with notes

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Page 1: Regus - Angel Venture Forum - Presenter Final with notes

“How can we leverage our resources more effectively?”

“How do I get big, fast?”

Angel Investors have heard your questions

“How will I shift to meet my clients’ needs? “

“Why can’t vendors offer flexibility?”

“Will I lose out to companies with a bigger image?”

Page 2: Regus - Angel Venture Forum - Presenter Final with notes

Traditional Office Space vs. Flexible Workspace

Traditional office space includes:• Paying for ‘auxiliary’ space

• Lobby• Meeting Space• Kitchen/Lounge• Hallways & Restrooms• Storage (equipment and other)• All in addition to your office space

• Long-term leases that increase risk• Inflexible work arrangements

Flexible workspace means:• Offices with minimal upfront costs• Shared common areas• Low-risk office expansions• Highly-flexible terms• Products that embrace office, home

and mobile work styles

Page 3: Regus - Angel Venture Forum - Presenter Final with notes

The Regus solution = Cost savings + intangible benefits

Page 4: Regus - Angel Venture Forum - Presenter Final with notes

Assume you need space for a year for 5 people. Compared to conventional office space, the savings is clear.

Requirements Rate Annually Rate AnnuallyRent $28 Per SF per year $35,000 $2,800 Per Month $33,600Furniture Lease $100 Per Person per month $6,000 $0 Included in Rent $0Phones $75 Per Person Per Month $4,500 $150 Per Person Per Month $9,000IT $100 Per Person per month $6,000 $99 Per Person Per Month $5,940Equipment Lease $125 Per Person per month $7,500 $0 Included in Rent $0

Conventional $28 $16

*TOC Per SF Per Year Conventional $47 $39*Cost items listed above

$20.00 $25,000 Regus Setup / activation $1.40 $1,750

Total over the Term Conventional $84,000 $50,290Regus

Potential Additional Costs: Attorney fees, architect fees, project management, phone / IT technicians, PBX, firewall, utilities, additional payroll.

Available Services: N/A

Potential Additional Costs: Attorney fees - one page Service Agreement.

Available Services: administrative support, personalized telephone answering, meeting rooms, etc.

Build Out: Paint, carpeting/floor covering, doors, cabling, security system, ceiling, lighting, walls, fixtures and fittings.

Set up / activation: Key card entry passes, parking passes, keys for office, activation of phone and phone numbers, activation and testing of internet.

Conventional Space Regus

Net Effective Rent Per SF Per Yr Regus (less conventional furniture & equipment)

TOC Regus

Build out (non-recoverable expense)

Page 5: Regus - Angel Venture Forum - Presenter Final with notes

Flexibility leads to:

Sustainability

Lower overhead

Options to fit you

Increased connections

Positioning for growth

Savings on travel

Core business focus

Working your way

Page 6: Regus - Angel Venture Forum - Presenter Final with notes

Upsize when you need to

Switch locations to follow your target audience

Downsize when you have to

Flexibility is sustainable

Page 7: Regus - Angel Venture Forum - Presenter Final with notes

Flexibility means lower overhead

Minimize capital outlayWhy spend cash on non-revenue producing products? Flexible working saves on build-out costs, IT infrastructure and maintenance, all the way down to cleaning contracts.

Save your money for revenue producing activities.

Jet Blue Case StudyThis US airlines employs 1000 people working from home or on the move, taking more than 10 million calls a year. Since moving away from call centers, management noticed a 25 percent increase in productivity with only a 4 percent employee turnover. The cost to train someone working in a call center went from $31 compared to $21 to train them to work from home.

Page 8: Regus - Angel Venture Forum - Presenter Final with notes

Flexibility gives you options

Work from home with the option to have professional meeting space when you need it

Work on the road with the option to stay connected wherever your business takes you

Work from an office with the option to have space on your terms

Page 9: Regus - Angel Venture Forum - Presenter Final with notes

Credibility: Perception is key when competing for market share

Solution: Virtual Office

Visibility: Search engines are making it harder for home-based businesses to have an online presence

Home office pain points

A Virtual Office can give your business a big-business image with a small-business budget. From mail handling and call answering to having a prestigious business address to use as your own, virtual offices provide a low-cost alternative to working from home.

Page 10: Regus - Angel Venture Forum - Presenter Final with notes

Coffee houses and hotel lobbies do not portray the image you need

Solution: Business Lounges

Connecting with vendors and clients away from your home turf puts you at a disadvantage

Working on the road

Business Lounges provide a professional environment to stay connected wherever your business takes you. Internet access, refreshments and support services allow you to focus on work, and not your neighbor’s coffee order.

Page 11: Regus - Angel Venture Forum - Presenter Final with notes

Full time office without the full-time commitment

Solution: Hub and Spoke model

You have your operations in point A but have people all over the nation/globe

Office space on your terms

Why have all of your employees office out of one location, when they are more effective in the field? Build a hub-and-spoke model for the most efficient, cost-effective solution for your office space.

Page 12: Regus - Angel Venture Forum - Presenter Final with notes

Flexible working is a networking opportunity

Flexible working is becoming a leading trend for networking

Co-working is encouraged by open plan space at a low cost for businesses that are starting to grow

Collaboration spaces bring teams of all sizes together to meet and collaborate

Page 13: Regus - Angel Venture Forum - Presenter Final with notes

Growth leads to new market entry

Break into emerging markets

Leverage the success of fast moving companies – Groupon, Twitter, Facebook, Google

Flexibility brings you to your customers

Success of new market entry for these companies was being able to utilize a world-wide network for expansion, without the brokerage fees

“The Regus solution allows us to enter new markets quickly without taking on the costs and risk of establishing our own infrastructure. It also makes our real estate operation more efficient, since we only have to deal with one company to get set up”

- Fred Franz, Senior Director of Worldwide Real Estate and Facilities, Polycom, Inc.

Page 14: Regus - Angel Venture Forum - Presenter Final with notes

Flexibility means meetings don’t have to cost a fortune

Waste less time and money by hosting face-to-face meetings via Video Conference

Reduce travel expenses

Cut back on short haul travel

Page 15: Regus - Angel Venture Forum - Presenter Final with notes

“We founded the new Heinz office in Regus because the services, from reception to facilities management, allow us to concentrate on the business and on growth. We also like the atmosphere in the town center offices and the friendly Regus staff, who help us with small-scale administrative services.”

- Matthias Wilberg, Commercial Director of Heinz in Switzerland

Flexibility allows you to focus on your core business model

Page 16: Regus - Angel Venture Forum - Presenter Final with notes

Determine what’s right for your business needs

Project the right business image

Find the best location

Workspace Tips for Early-Stage Businesses

Page 17: Regus - Angel Venture Forum - Presenter Final with notes

Work your way

Page 18: Regus - Angel Venture Forum - Presenter Final with notes

Any questions?

Page 19: Regus - Angel Venture Forum - Presenter Final with notes

Thank you