Some Latin American economies defied the recession while others are seeing a swift recovery. Either way, there are clear growth opportunities for business centers in Latin America.
Regus is proving the point by opening its first business center in Ecuador. Regus just opened up shop in Guayaquil, Ecuador’s largest city, and is targeting businesses looking for increased efficiency, new revenues and overall growth.
“Ecuador presents excellent business opportunities, with growth of over 5 percent predicted in 2012,” said Mark Dixon, CEO of Regus. “We’ve seen demand from companies in many sectors here wanting to use Regus flexible workspace to help them maximize the opportunities for growth in Ecuador, and we’ve responded to that by opening our new center in Guayaquil.”
If you are exploring opportunities for your business center, you can tap into some of Regus’ research at no cost to you. For example, the latest Regus Business Confidence Index reveals Latin American businesses’ appetite for ways to cut property expenses, and make their businesses more agile. Specifically:
• 47% thought that paying for unnecessary office space had contributed to corporate distress during the recent economic downturn
• 39% said reducing fixed workspace helps save cost without damaging growth prospects
• 39% pointed to strategies like wider distribution of customers
• 38% pointed to strategies like more remote working
• 37% pointed to access to cost-effective capital
• 35% pointed to outsourcing of non-core activities
“Over seven out of 10 businesses worldwide believe that flexible working leads directly to increased productivity,” Dixon says. “By bringing Regus flexible workspace to Ecuador for the first time, we aim to help businesses of all sizes reap those benefits.”
What about your business center? As you look to international expansion, are you considering Latin America? If not, you should. It’s relatively close to home and the business center industry is still catching on there.