17 Aug | Regus – Right Market at the Right Time
Today I’m not going to touch on company fundamentals, although the company I’ll be introducing shortly is doing very well indeed using just about any performance indicator you’d care to drag out. I won’t be looking at charts either, even though they’re pushing 3 month, 12 month and 5 year price highs.
No, today I’m going to back it up a bit and look at the investment potential of a company that has positioned itself solidly in a market that has begun to, and, should continue to boom for many years to come.
Sometimes a marketplace grows up around a business. If that business is reputable, flexible and well set up to accommodate growth, business success may be a simple case of an established company being in the right market at the right time.
Today Regus is the world’s largest provider of flexible workplaces.
25 years ago there was a gap in that market. For gap, read gaping hole. There was an emerging demand but on the supply side…..nothing!
It was on a business trip to Brussels in 1989 that British entrepreneur Mark Dixon, noted the lack of flexible office space available to the travelling business-person. Having had to do most of his work from makeshift offices in hotel rooms and cafes, Mark envisaged a permanent office set up available to the those on the road.
It was in that year, 1989, that the first Regus office was set up in Brussels, Belgium. Fast forward a quarter of a century and today more than a million customers a day benefit from Regus facilities spread across 1,500 locations in 600 cities and 100 countries worldwide.
Their products and services range from fully equipped offices to professional meeting rooms, business lounges and the world’s largest network of video communication studios.
Customers of the size of Google, GlaxoSmithKline and Nokia join hundreds of thousands of growing small and medium businesses that outsource their office and workplace needs to Regus, allowing them to focus on their core activities.
Today about one in five workers around the globe, particularly employees in the Middle East, Latin America and Asia, telecommute frequently and nearly 10 percent work from home every day, according to a Ipsos/Reuters poll taken in 2012.
With a marked reduction in cross-border trade barriers – particularly in Europe – the emergence of new economic markets and the continued growth of online business the number of teleworkers is only heading in one direction and Regus has positioned itself royally to benefit from that growth.
I know I said I wouldn’t, but the five year chart below is just a little too pretty too leave out.
Thanks again for dropping by.