Despite all the controversy surrounding Brexit, the UK’s exit from the European Union, London is still one of the most popular cities in Europe to work and live.
When it comes to business, there is no denying that the UK’s capital is one of the most influential financial centres in the world.
But, if you are planning to establish a new enterprise, is it worth basing your new business in London? In short, the answer is yes. Here’s why:
The best talent that Europe has to offer
Each year, thousands of professionals flock to London from other parts of the UK and even the world. It’s a city that attracts top talent, making it easy for you to staff your team with only the best people in your industry.
More than four million people work in London each day, and those individuals bring with them a broad array of skills, cultures, passions, and specialisms. When it comes to tapping into a resource pool, you won’t find a much better one than what the UK’s capital city has to offer!
The first choice of headquarters for many top companies
When you tell people that you are an established business based in London, you will unknowingly make your brand seem more professional. Did you know that the city is the first choice of headquarters for many of Britain and the world’s best-known brands?
Believe it or not, there are many office choices for enterprises of all sizes ranging from sole traders through to large corporations. You only have to look at websites like www.londonoffices.com to see just one of many examples of what I mean!
You’re at the heart of the business world
London is a city that contributes a lot to the UK’s economy. It’s a location that is very business-centric, and it’s in one of the easiest places to set up working relationships with clients and other businesses.
Plus, there are other benefits to doing business in London too. Flexible employment laws, low-cost legal structures, and tax reliefs are just some of the advantages to setting up a business in the capital.
London is an accessible city
While the city of London isn’t at the centre of the universe, it might seem that way from a business perspective! For a start, there is an extensive road and motorway network to the other main cities and towns within England, Wales, and Scotland. Secondly, the public transport options in London are excellent and link up to international airports and rail terminals.
London is also just an hour’s flight away from many European locations. So, if you’re planning to do business with customers on the continent, it makes perfect sense to set up your business base in the city.
Easiest city to attract outside investment
Finally, you can get the financial help you need to grow your business if you base it in London. The government offers a plethora of research and development grants, for instance. Check out www.gov.uk for more information.
There are also many enterprise partnerships and schemes to provide you with the funding you need to expand your operations. So, what are you waiting for?