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Drive the workspace revolution

Posted: 04 Oct 2018
Estimated Read Time: in 7 minutes

Partner with Regus and get the backing of an established global brand that has decades of operational experience and know-how

Drive the workspace revolution

In recent years, disruptive forces have transformed how entire industries operate. Spotify with music. Uber with transport. Netflix with TV and films. The same can now be said for office space and how we work - and it’s all down to the flexible workspace revolution.

The serviced office market is now one of the most exciting growth markets in the UK. Thanks to the workspace revolution, projections show that 30 per cent of corporate real estate portfolios could be flexible workspace by 2030.

Important factors

Three important factors are driving this growth in the serviced office sector.

The first is cloud-based technology, which is transforming the way people work. Gone are the days of needing to be at the same desk, in the same office, five days a week.

And understanding the wants and expectations of our next generation is imperative to gaining a competitive advantage.

Employees are increasingly demanding a work-life balance that enables them to be productive in the right environments, within communities that suit them and their lifestyles.

Second, the way in which businesses and employees think about working and how they structure their real estate portfolio is also changing dramatically. This has been influenced by new accounting practices being brought forward with IFRS 16.

Businesses will, from January 1, 2019, be required to include operating leases on their balance sheet. It’s estimated that this will put more than £1.5 trillion of leased assets into view for the first time.

Here again, the revolution provides a solution - flexible workspace providers can commit to a long-term lease with a landlord, while offering short-term leases to their customers and partners.

Third, a flexible workspace strategy brings significant financial advantages to franchisees and their customers. For example, these types of centres often have fewer overheads - it takes just a few members of staff to run them.

Businesses benefit from being able to navigate the ups and downs of market forces: they can take out flexible contracts that allow them to scale their usage depending on current need.

 

Growth ambitions

Regus, the world’s largest provider of flexible workplaces, is driving the revolution. It has one of the UK’s leading franchise teams to manage growth ambitions and ensure that businesses maximise the full potential of their acquired office space. Regus advisers know what makes

a perfect location for a centre. As well as assisting franchisees throughout the location planning process, they provide access to various proprietary systems to help run their centres, as well as comprehensive support, including staff training, site assistance and launch assistance.

When you partner with Regus, you get the backing of an established global brand that has decades of operational experience and know-how.

Don’t just participate in the workspace revolution - lead it, with Regus.

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