Company: Business Hub, Adelaide, South Australia
Company Description: Business Hub is the largest privately owned serviced office provider in South Australia, with locations now expanding across Australia with a view to enter Asia in 2025. Founded in 2009 by our Managing Director, George Kipriz, Business Hub operates 22 locations with over 450+ members working from its serviced offices, with its headquarters based at the world's only revolving serviced offices in SA
Nomination Category: Business Development Awards Categories
Nomination Sub Category: Business Development Achievement of the Year - All Other Industries
 Nomination Title: Innovation Achievement in Growth - All Industries
- Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
Total 114 words used.
Please find links below to various media outlets that Business Hub has proudly been mentioned in:
1. World's Only Revolving Serviced Offices - Developed and Operated by Business Hub
Revolving restaurant rebirth - InDaily
2. Business Hub pioneering acceptance of rental payments with cryptocurrency
Australian serviced office firm to accept rent in crypto
Cryptocurrency offers new way to pay the rent - InDaily
3. Regional expansion with property owners
New hub space expands to Gawler
4. Business Hub introducing a first with a Licensing platform to approved operators.
Adelaidenow.com.au | Subscribe to The Advertiser for exclusive stories
5. International partnerships and licensing/franchising
Business Hub looking to open 14 franchises - Franchise Business
- Which will you submit for your nomination in this category, a video of up to five (5) minutes, explaining the nominated achievement since July 1, 2022, OR written answers to the questions? (Choose one):
A video of up to five (5) minutes
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video. If you are submitting written answers to the questions for this category, provide them in the spaces below.
Since July 2022, Business Hub has introduced a licensing platform to grow the brand across Australia with the vision to enter further Asian markets in 2025. This first of its kind business expansion strategy in the serviced office industry via a private company, Business Hub has now grown to 22 locations, with a mission to open its' 100th location in 2027. Video of the licensing opportunity has been attached.
- Outline the nominated achievement since July 1 2022 that you wish to bring to the judges' attention (up to 250 words):
Total 249 words used.
Since July 2022, Business Hub has been on a transformative journey of growth, carving out its position as a leader in Australia’s serviced office industry while preparing to expand beyond national borders. The company has achieved remarkable growth by combining strategic expansion, innovative partnerships, and a long-term vision for national & international presence. This growth has benefited not only Business Hub but also the
communities, employees, clients, and partners who share in its success.
Beyond geographical expansion, Business Hub has built strong partnerships with property
owners, empowering them to convert underutilized assets into thriving flexible workspaces. This partnership approach is more than a business strategy; it’s a philosophy that benefits all parties involved. For example, a recent collaboration with a local property owner led to the transformation of a vacant commercial space into a serviced office that reached over 90%
occupancy within months. This project has increased the property’s value, generated jobs, and provided new options for local businesses, fostering economic resilience in the area. Such success stories demonstrate how Business Hub’s partnerships contribute to both community and business growth.
Business Hub also developed a licensing framework to allow partners to bring its successful model to new markets. The framework offers licensees a chance to adopt Business Hub’s operational practices, brand standards, and member-centric approach while adapting to local market needs. Business Hub plans to use this licensing platform to enter into new markets both in Australia and across Asia to serve the evolving needs of the everchanging workforce.
- Briefly describe the nominated organization: its history and past performance (up to 200 words):
Total 200 words used.
Business Hub is South Australia's largest privately owned serviced office provider with 22 locations and now expanding rapidly across Australia. It currently has over 450+ members who use a Business Hub serviced office facility to grow their business from. Business Hub started during the GFC in 2009 with one location in a small suburb of Seaton, South Australia.
Our Founder and Managing Director, George Kipriz, has implemented teams across Australia and the Philippines, to provide systems, AI and tech to support our office managers and operators. Our organic expansion was fuelled by increasing demand of small businesses wanting to operate their business from flexible and affordable workspace, without committing to long and expensive lease agreements.
Numerous media outlets approached Business Hub when it created the world's first and only revolving serviced office facility which is also its headquarters, in the suburb of Glenelg South Australia. Members enjoying 360 degrees of rotating sweeping views of the Adelaide coastline and CBD, which also attract member workshops, events and regular podcasts for the business community.
The company has now entered the eastern states of Australia both in Sydney and Canberra, with a view to expand the brand both nationally and internationally in 2025.
- Explain why the achievement you have highlighted is unique or significant. If possible compare the achievement to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):
Total 194 words used.
Business Hub has pioneered the industry in many ways. The term 'coworking' did not exist in 2009 as most tenant/landlord relationships were only through a standard lease agreement. The company transformed this by offering member agreements instead, simplifying the process for all stakeholders. Landlords attained an occupied space from an otherwise empty building, and members removed the risk to focus on growing their business.
The challenging times of COVID saw the company grow even further, where businesses did not want to commit to long leases, and were more inclined to adopt a hybrid approach with both office and working from home options. Business Hub offered packages to support these businesses.
Introducing our licensing platform is a unique business model for this industry. Most players in this industry are either company operated, single operators and/or larger publicly listed companies with a shareholder focus. Business Hub has adopted a licensing approach, where the members and license partners are the key beneficiaries along with landlords and the local community surrounding the serviced office facility. The multiplier effect on one Business Hub in the neighbourhood reaches out to higher levels of activity within local shops, cafes and restaurants.
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