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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?”
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
The Regus solution = Cost savings + intangible benefits
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)
Flexibility leads to:
Sustainability
Lower overhead
Options to fit you
Increased connections
Positioning for growth
Savings on travel
Core business focus
Working your way
Upsize when you need to
Switch locations to follow your target audience
Downsize when you have to
Flexibility is sustainable
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.
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
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.
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.
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.
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
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.
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
“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
Determine what’s right for your business needs
Project the right business image
Find the best location
Workspace Tips for Early-Stage Businesses
Work your way
Any questions?
Thank you