There are several questions that are probably going to fill your mind when you set up a business and one of these is going to be where you should base yourself. If you live in the UK, then chances are you have thought about moving to London and are currently pondering whether or not this would be a good idea. Well, this article is here to help.
Why Are People Second Guessing London?
Back in the day, if you wanted to set up a limited company in the economic hub of the UK, this would be a no-brainer and you would be on the next train down south. This is called into question a lot more recently thanks to the rise in remote work and the increased revenue that can come from focusing predominantly online.
The casino industry is an excellent example of how location doesn’t matter if you have a good online presence. What was once a predominantly physical industry now generates a lot of revenue from its best rated online casinos over brick-and-mortar casinos. With examples such as this in mind, people no longer think the physical location of a business matters.
Whilst there is an argument for this, there is no getting away from the fact that setting up a business in London comes with several advantages and these are all going to be discussed in more detail below.
The Benefits
Improve Your Businesses Overall Reach
If you have a business that is currently expanding, and you want to make it a lot more accessible for people to come across and find out about, then there is no better place than London. Thanks to how good the transport is in London, and how familiar local business people are with the area, it is easy to get around and meet people and come across other businesses. It also becomes very easy to travel to other cities in the country and travel overseas to organisations in the likes of France and Belgium.
Great for Hiring People
A lot of driven people who want to work for the best companies often find themselves in London to get a job and grow with the next highfliers. As such, when you move to London, you are going to have access to a talented hub of employees, all of whom are going to be able to benefit your business in ways that you didn’t even know were possible.
Great for Networking
There are a huge number of networking opportunities in London as many different events get held with the interest of businesses linking up with businesses and gaining new clients. Again, with the transport links, it becomes very easy for you to get to all of the different networking opportunities that are available in London. Sure, there are a lot more events that take place online now since the pandemic, but the city of London will always be a hub for actual events that people can take advantage of.
