Flexible workspaces give people the chance to focus in a comfortable and convenient location. Usually, they offer all the technology and facilities you might need during your day’s work, as well as collaboration spaces and refreshments. Here, we look at whether there are any Regus franchise opportunities.
Regus is a flexible workspace business allowing “people and businesses to work where they want, when they want and how they want”. Founded in Brussels in 1989, Regus has offered professionals the use of high-quality, fully-furnished spaces for more than 30 years. Over the years, it’s provided desk space for millions of people, from individual workers to whole teams.
People who feel lonely, disillusioned, or unproductive working at home or in an unsuitable office space can find focus and community at Regus locations. They’ll also get a business address and telephone number, and access to meeting rooms, boosting their professionality in the eyes of business contacts.
This Switzerland-based co-working business has seen huge successes and now provides office spaces across the globe. Let’s find out more.
Does Regus franchise?
Yes! In fact, it’s an industry leader, with the largest network of workspaces and co-working spaces in the entire world. Currently, Regus operates 3,300 sites in 1,100 towns and cities across 110 countries. What’s more, the professional services business is keen to boost its current customer base of approximately 2.5 million people by introducing even more locations in the UK.
Regus knows what it’s doing; its parent company IWG has been managing workplaces for over 30 years and catering for all kinds of businesses, including multi-billion-dollar companies.
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History of Regus
Since its launch in 1989, Regus has offered businesses an attractive alternative to dull and uninspiring premises with fixed contract terms. It’s developed a chain of sites offering everything from lounge, office and co-working spaces so customers can work alone or among other people. The franchise also offers informal drop-in meeting spaces, secure WiFi, access to a printer, scanner and photocopier and free tea and coffee.
During its expansion, Regus has established sites in a huge number of convenient locations. Customers can find flexible workspaces at airports, railway and service stations and other public buildings in busy city centres. These can be used for a whole host of different purposes, including meetings, pitches, presentations, interviews and training - and the workspaces can be customised for a particular event.
Individual workers can either receive their desk on a first-come-first-serve basis or reserve their own spot in advance. Users have the flexibility to select their own timetable and book a Regus workspace for as little or as much time as they want, from one hour to unlimited use. Regus is also keen to support businesses as they grow, making room for an extra person or even an entire team when required.
More and more companies are starting to embrace flexible working. Businesses feel they can hire more people and that they will be more productive if they're working in a well-designed space that's nearer to where they live. It's also what employees themselves want. - Mark Dixon, Group CEO
The workspace business knows time is precious for ambitious entrepreneurs and offers a straightforward, easy-to-use booking system and range of membership packages you can tailor to suit your requirements. Memberships vary in price from £84-£188 per month, depending on the type of workspace you need and how often you’d like access to it.
What’s more, it’s easy to select your membership package and preferred options on the MyRegus app. Once this is set up, you can quickly book workspaces on-the-go, organise locations for international business meetings or find a quick stop-over to get some work done while travelling. Regus encourages its clients to discover the simplicity of its app by offering a 10 percent discount on any room bookings made on it.
Regus even strives to accommodate prospective users, allowing those interested in using its services to book a tour of a local workspace at a time convenient to them. In short, Regus really cares about its user experience, making sure customers can rely on a high-quality, professional and – most importantly – flexible service.
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Starting a Regus franchise unit
Investors who are interested in starting up a franchise unit in the B2B industry could benefit from Regus’ decades of experience and unrivalled operational know-how.
- Becoming a Regus franchisee: Franchisees will need to have the financial and organisational capability to open at least five Regus sites over a period of two to three years. You’ll need to be able to identify appropriate locations of over 8,000 square feet in places with high public footfall such as town or city centres.
- How much you need to invest: A total investment of £1,000,000 will cover site set-up and training for you and your team.
- What you get for your investment: You’ll benefit from the franchise’s successful business model, which has helped all its international locations see success. You’ll also get support with site selection, inventory management, sales, marketing, CRM, invoicing, booking and training. And you will be able to rely on long-term business operations guidance.
The popularity of the Regus franchise is set to increase in the coming years. According to research, 64 percent of companies are considering the use of flexible workspaces in the next three years (EMEA Study). And experts believe flexible offices will make up 30 percent of large businesses’ real estate by 2025 (Flexible Space Report). The growth rate of this sector is only going to increase as workers demand more flexibility in working locations and hours.
Become a franchisee
Alice Tuffery, Point Franchise ©