Thread: Anyone have experience with Regus offices or the like

Where are you located? Doesn't say anywhere.
In Phoenix there are literally hundreds of options, it depends on what facilities you need. Regus is one of the larger businesses, they are typically in nicer places which is good for meeting clients. Also depends on what business your in, if you need inventory, then they are typically not good places. Most of Regus is rent an office for a day type scenarios..
You would be surprised what you can get for $700 in phx, all inclusive spaces and month to month contracts.

The Woodlands Texas. I would want to lease the office and have the ability to use a conference room bi weekly.

I would want to put my own computer setup, desk, chairs and TV and crap in there.

If things were perfect I could get a window office in a high rise building, use of a conference room, 24/7 access, mail. I spend so much time in my office I would like it to be really nice if 700 bucks could do it.

Have your realtor girlfriend find you a house for lease for $700.00/month. Then you get a KITCHEN!

Hahaha WELLLLLLLLL... We just settled on a "luxury" 2 bedroom apartment because ALL of the houses in the area (Under 1500 bucks) anywhere within 20 mins of The Woodlands were in the ghetto and sucked. I cant imagine $700. We didnt want to live by sidewalkers. In the Woodlands I will see Ferraris, Lambos, Rolls Royces pretty much daily and all of the houses are expensive. It is all motivation to me. Most people who are able to live there are either damn good employees, living in an apartment, or have embraced a more fastlane outlook. (Im a combo lol)

Next year I will be willing to go ahead an buy a house, but I didnt want to take the money out of the business for the down payment yet. When I buy a house I will definitely want to move my personal office home. When that happens I would likely keep the mail privilege and the conference room rental plan though.

I've had my office(s) with Regus for 2 years. Prior, I've had a home office, a corporate office in with a large company that purchased one of my businesses, I have had my office in a warehouse, and a large office in a class "b" location. Here's why I love Regus :

1. Class "A" office space in Minneapolis, but we are able to lease small interior spaces for less than I was paying for larger freestanding offices in class "b" space. We've traded luxury (Regus) for square footage. We take small offices, with Regus, in class "A" space. We also take interior offices vs. exterior offices. I don't need to pay triple for an exterior window.
2. Shared receptionist who answers the phones for multiple businesses simultaneously. When I started a new company on top of my existing one, we simply added an additional corporation, phone #, and the same receptionist now handles call routing for the "new company."
3. We negotiated conference room time into our lease, so instead of paying for conference room space, we have an allowance per month.
4. Mail services, both incoming and outgoing
5. High speed networked printer that I didn't have to pay for
6. Furniture is included - all we brought in to begin with was computers - everything else is provided and consistent
7. Fax machine and fax line. For the few faxes I send, I didn't need to buy one but it is nice to have one available
8. Kitchen and coffee services included
9. Cafeteria in our building with full service breakfast and lunch
10. Clients dig coming over, and since Regus is not branded when they ask for me at the front desk it feels impressive to them from the corporate building directory to the receptionist greeting, etc...
11. Ala carte services - things you might consider wishing you had an additional employee to do, but on an as-needed and immediate term basis
12. Business lounge for visitors to use --- when I have a factory in town, my guests can use the facilities, including coffee, wifi, etc...
13. Gold Card membership - I can walk into Regus anywhere in the country and use their facilities
14. New company startups - we just added an additional "virtual office" for a startup concept to get phone answering, address, building directory, and image without literally adding any additional office space
15. Fedex/UPS incoming and outgoing, with daily scheduled service automatically
16. Easy to expand and contract with no long term commitment
17. Currently 2 months free with a 12 month lease
18. Building has workout facility, free of charge for tenants
19. Prime location (I happen to be 2 blocks from Best Buy corporate office).
20. Several locations throughout Minneapolis, and I can use them all.
21. My location has small conference room, large executive board room, and training room. We have used them all.
22. My location has cold storage that I was able to rent, negating the need for external storage facilities/warehouse space
23. Good personnel... and they are not on YOUR payroll (W2 wise)
24. I added a temp staff person last week. Desk, phone, internet, chair.... all provided by Regus. All the things I would have had to deal with if not for Regus.
25. Virtual office concept itself is cool for startups (no office space required). Super neat idea for professional image with low cost.
26. Janatorial services (may seem like a SMALL issue, but in my last office building either me or someone from my small team was the janitor, vacuumer, and garbage taker outer. My Regus office is cleaned every night by their cleaning company.
27. Office supplies on site. No trips to Office Depot.
28. They deal with recycling the tons of corrugate boxes I throw away weekly
29. Their flavia coffee machine kicks ass
30. Tons of stuff I don't need to buy, like 2 wheel carts (we use daily), binding machines for presentations, and tons of little things they provide that absent of them you would have to either do with out, or go get on your own
31. Notary service
32. Common areas with Fox News running
33. Catering ordered and arranged by their team for meetings, including set up and tear down
34. Call forwarding - their receptionist will screen calls and pass only selective ones as directed to cell phones
35. Call filtering - they can send incoming calls to certain extensions based on content of the call

I am a huge fan, can you tell? My experience with Regus has been solid, and all for LESS than I was paying previously for just a vacant office without nearly any of the 35 things as above. Again, we traded DOWN in square footage, but gained all of the above and pay a little less. All in all, not only would I not hesitate to recommend these guys, but if/when we move cities, I would literally look for Regus as a deciding factor as I considered the area we wanted the company in. I am a believer.

Shoot for the following :
1k or less per month for an office. Pay for 10 months, and get first and last months free. So, 12 months cost averaged to $833 per month (including office, phone and internet). Have them throw in 8 hours per month of conference room space for free, which will save you $160 per month at $20 per hour. Conceivably with that formula you are under your targeted $700 per month. Expect an INTERNAL office (not external windows) but look for an interior space with character (not a square box). The Regus offices that we have have interior windows along the door panels, so there is zero feeling of being boxed in.

Speed coming your way bud. Cant do it from tapatalk. My only question is do you think 700 bucks will get me what I'm looking for?

Absolutely fantastic information. Thank you tons.

Vigilante Nailed it.

We have used similar services.
Love the higher end offices with out the office expense of outfitting them.

and Love the services they provide.

Well im exited about this. The location sure does have some sex appeal. It is located on market street, literally 3 minutes from my apartment. This is where many wealthy people go shopping and out to eat. It is real estate that only a very successful venture would be located at. It would sure instill confidence in any client that stops by and my eventual salesforce.

Side note, saw a fiskar karma like 2 buildings down parked in front of a restaraunt the other day. Sweet looking.

Vigilante's post says it all.

I have clients that use regus and can attest to the quality of their locations and value in the midwest.

Umm, Maybe instead of going the regus route you might consider looking for an executive office type set up that is smaller, already has people that have been there for years. such as a law firm, acct etc.. people who are solid.

My acct does this and I think to myself, you could meet a lot of business owners walking in and out.

(not that I am saying regus people are not solid, but people do come and go often)

Yeah, I like the businesssuites thing here actually. I am just going to use it for the conference room soon as I am bringing on new salespeople.

Originally Posted by Kak

Yeah, I like the businesssuites thing here actually. I am just going to use it for the conference room soon as I am bringing on new salespeople.

Just out of curiousity: why just the conference room? Do you want to use it for interviewing and training and then let them work as out-of-office reps?

I'm in a similar situation (still a while until I can afford to hire sales reps..) and am looking at a similar office-provider, but I'm looking to ultimately have the reps in the office with me.

That is exactly why I just need the confrence room every once in a while.

Kak you'll have to call the regus or other place like it in your area, rates vary widley ovbiously. A good friend of mine was in one here in the tech corridor for a year or two. It was really nice, but it is very expensive in tis area and they literally got charged for everything they used that they didn't bring in. This sounds like it may be isolated vs vigilantes experience though. That was really the only downside to it from his point of view. They ended up hiring 50 people or so, and getting an A series round of funding so they got a normal 3-5year lease.

Yeah, I don't see it as a permanent solution. Eventually I will have a sales staff from all over the Houston area. I would like them to have a centralized location. I couldn't imagine being a salesman and needing to drive from Galveston all the way up to The Woodlands for a meeting.

Soon I will be working on finding a sales manager in DFW, because I can't be going up there every week.

If not it would be cool to have a suite in a building downtown.

One more side benefit I just discovered with Regus. I am moving from MSP to Dallas. They're just transferring my existing lease from MSP to Dallas, no questions asked and zero hassle. So, you can literally move your office if you want with Regus from city to city.

That is pretty cool!