A quarter of businesses believe increasing revenue is their biggest challenge, and 14% think they’ll struggle to remain profitable. With so many obstacles to growth, more companies are seeking flexible and affordable solutions for business addresses and offices. One of these solutions is coworking space.
If you’re also looking to embrace the benefits of coworking, you should consider using coworking location as a business address. Here are some benefits of using a coworking space over a virtual or traditional office for your registered business address.
What is a business address?
A business address is the official and legal location of a business. Some business owners use their home address, but there are valuable benefits to having a separate address for your business.
An official business address portrays professionalism and credibility to potential customers or investors. It can also help build trust by placing your business in a prime, recognisable location.
For those who’d rather separate their personal and business life, a business address can also provide anonymity. Rather than sharing your home address online or in correspondence, you can have a more formal location dedicated to your business.
Some services also offer a dedicated phone number and real-person call handling.
Can a coworking space be used as a business address?
Yes, you can certainly use a coworking space as a business address and there are many advantages to doing so.
Anchoring your business in a coworking space offers everything you’d expect from a virtual office, with the added benefit of a flexible workspace.
Should you need to meet clients, investors or business partners, you'll have easy access to fully-equipped meeting rooms or private office space.
More traditional offices may suit some businesses, but they can involve lengthy commitments and additional costs. Those looking to be agile may find the flexibility and convenience of shared office space more appealing.
Added benefits of using a coworking space for your business address
In-house management team ready to support you
Having a well-managed office space is vital for productivity and growth. Some traditional offices rely on off-site management teams, meaning longer wait times when issues arise.
Having a well-managed office space is vital for productivity and growth. Some traditional offices rely on off-site management teams, meaning longer wait times when issues arise.
Whether it’s technical challenges or administrative questions, every Regus location has an in-house management team to ensure your day is seamless and stress-free.
Less overhead costs
With a coworking space, all costs are included in one simple payment. This means less time wasted managing different bills and fees. Unlike some traditional offices, there’s also no need to splash out on expensive furnishings.
Regus shared office spaces are equipped with desks, chairs, phones and other on-site amenities, freeing up funds for other investments.
Access to meeting rooms
Whether it’s a problem-solving brainstorm, an investor pitch or a face-to-face client update, access to private space is vital for growing businesses. In coworking environments, you have the flexibility to book more space when you need it.
Space can also be tailored to your needs with various meeting room or office sizes available. Regus meeting rooms also have the latest technology for conference calls and pitches.
Professional workspace
Where we work has a huge impact on our well-being, morale and productivity. Research has found that workers are happier and more productive in well-designed offices.
However, keeping an office up-to-date with the latest technology and decor can be expensive. A key benefit of coworking is that everything is included in one, easy-to-manage cost.
Business services available to you
Administrative support can be a costly investment, especially for new businesses.
Regus coworking spaces have on-site staff who can assist with mail and call handling as well as other administrative services. This not only saves on cost but also frees up valuable time for other important tasks.
Why choose Regus for your coworking office space?
Flexible contracts
In a fast-paced business environment, having the flexibility to adapt is vital. With coworking office spaces, businesses can quickly scale up or down when needed. For example, if you’ve just landed a big client then you can simply book some extra desk space or meeting rooms and get started straight away.
Commitment free
Many traditional office leases involve long-term commitments, hindering a business’s ability to adapt. Regus coworking spaces are bookable month to month, giving you the flexibility to increase or decrease the space you need quickly.
Fully equipped spaces
Designing and furnishing an office can be expensive, especially for early-stage businesses.
With Regus coworking offices, every location is fully equipped with everything you need. From chairs and sofas to phones and desks, you won’t have to spend a penny on furnishings.
Hot desk and dedicated desk options
It’s certainly not one-size-fits-all when it comes to workspaces. Fortunately, Regus offers plenty of flexible options.
Those who love familiarity can enjoy our dedicated desk service, providing the same, personal desk space whenever needed. For those who enjoy a change of scenery, there are thousands of hot desks available in a variety of prime locations.
Coworking memberships
With a Regus coworking membership, you can choose a package that suits your business without committing long-term. Unlike traditional or virtual offices, a coworking membership also provides access to other locations.
Regus has the largest network of coworking spaces in the world, so working from anywhere couldn’t be easier.
Find your coworking space today
With flexible membership packages, Regus can provide affordable workspace whenever required. We offer over 4,000 centres worldwide, with business solutions for coworking spaces anywhere you could possibly need them.
Whether you have the perfect coworking space in mind or you’re not too sure what you need, you can discuss everything with a Regus expert today.