The research, which canvassed the opinions of over 2600 UK-based small companies, found that almost three quarters identified co-working spaces as the ideal environment to base a start-up.

When asked about the benefits of co-working compared to other workspace options, more than eight in ten respondents claimed it was a much more cost-effective alternative to a fixed office.    The opportunity to meet other entrepreneurs was also identified as a major plus point.

Other findings include: 

  • 63 per cent of small businesses  believed that co-working provides more inspiration than a traditional office setting
  • 54 per cent claimed that it provides more stimulus to keep skills fresh
  • 62 per cent said co -working provides new business/ project opportunities
  • 61 per cent said that co-working spaces offered a more creative environment that regular offices
  • Two fifths said co-working helps in keeping up –to- date with industry news

Richard Morris, UK CEO at Regus said: “Meeting other entrepreneurs is critical to creating lasting business relationships and expanding your business.  Co-working is a great way to expand your network of professional contacts, access invaluable advice and inspiration and raise the profile of your business.