Regus Case Study - 5 North


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Regus Case Study - 5 North

  1. 1. 5North: Expanding into new markets virtually overnight. CLIE NT 5 North, Inc. is a sales and marketing firm that provides an outsourced direct marketing team. The company’s clients include Direct Energy, AT&T, Verizon, Quill, Qwest and IMS (Quickbooks). 5 North opened in 2006 to provide effective, personal, results-driven marketing strategies. The company has developed its business strategies to provide even better solutions. 5 North consistently creates positive and long-lasting impressions.“Regus is an extremely cost- CHALLENGE efficient option for small The cost of office space, staff, and amenities is always a challenge to a startup. And to large businesses. For 5 North had to be extremely cost-competitive. It needed a completely professional the cost, the locations and workspace with executive amenities for its clients. But it also had to remain flexible and avoid being locked into a lease. A new company just can’t afford the luxury of a amenities are great for any traditional lease and overhead. business.” SOLUTION— Loren Hewitt 5 North called on Regus to help set up its very first office in St. Louis in 2006. “Regus Office Manager was suggested to us through a broker here,”Office Manager Loren Hewitt said. 5 North, Inc. “Regus is an extremely cost-efficient option for small to large businesses. For the cost, the locations and amenities are great for any business.” As the St. Louis office began to take off, the company had a new challenge to consider:Established 2006 it needed to expand into new markets. 5 North soon opened in Columbus, OH. Then, a potential client said they could have the business but needed them in New York City, 5North opened a NYC office virtually overnight with the help of Regus. “We had such a great experience that we continuedRegus offices in St. [with Regus] in different locations.”Louis, Columbus,and New York City Today, 5 North continues to expand its roster of Fortune 500 clients across the country. The company plans more expansions as it reaches even greater success — staying flexible, efficient, and cost-effective along the way with Regus as a partner. 1200 locations | 550 cities | 95 countries
  2. 2. With a global network spanning550 cities and over 95 countries,we are the world’s largestprovider of flexible workspace.Regus workplace solutions is dedicated to helping global organizations realize thefull potential offered by alternative working models. In short, we help enable radicaltransformations in the way organizations do business.With a global network spanning 550 cities and over 95 countries, we are the world’slargest provider of innovative workplace solutions. And by tailoring these solutionsto our customers’ needs, we enable them to grow revenues, reduce costs, increaseprofitability, become more agile, and provide great working environments for theirpeople.The world of business is changing, and so are the ways businesses work. Organizationsare under pressure to do more than improve efficiency — they must increaseproductivity with fewer resources.With Regus you can... • Reduce infrastructure costs up to 60% and remove leases from your balance sheet • Establish an instant presence in new markets • Empower your people, reduce their commutes, and increase their productivity • Provide globally consistent standards for your distributed workforce • Create great working environments for your people to collaborate and work more effectively • Enable professional mobile working practices, wherever your people areThis is why most Fortune 500 and FTSE 500 businesses are Regus customers. 1200 locations | 550 cities | 95 countries