Whether you’re currently contemplating expanding your business, relocating your business or launching a new start up, it’s well worth considering setting up a business in Birmingham. To discover why Birmingham is the next best place to do business in the UK, simply continue reading. In order to learn some of the key benefits of basing a business in Birmingham.
cBirmingham: The Next Best Place to Do Business in UK
Access to the HS2:
Once the HS2, which is a planned high speed railway, has been constructed, Birmingham will become an even more accessible destination for a fledgling business. If you’re looking to produce goods in Birmingham, you’ll also be able to quickly distribute your business’ goods throughout the UK and Europe, using the HS2. You may be interested to learn that Birmingham’s annual exports are worth approximately 33.3 million pounds per year.
So if you’re looking to start a new business in the UK, it’s well worth locating your business in Birmingham, where the costs are lower than other parts of the UK, such as London.
If you’re interested in investing in property and are searching for an up and coming area to purchase property in. That will quickly increase in value, it’s a smart idea to browse for investment properties in Birmingham. Especially as there are numerous apartment buildings which are conveniently being built within a stone’s throw of Birmingham’s CBD. Some of which will be built close to excellent transport links. Such as the proposed HS2. In fact, once the HS2 is open, expect demand for property in Birmingham to rapidly increase.
If you’re considering the possibility of investing in HMOs, it’s well worth dealing with well established companies such as www.redbrickz.co.uk. As they’ll be able to help you source, renovate and furnish any properties which you may purchase to rent out to tenants. Better yet, some businesses will even help you select the right tenants for your property. So that you’ll be able to start earning passive income, as soon as possible.
As an added bonus, as Birmingham’s population is steadily increasing, you won’t have any trouble finding suitable tenants for your investment properties.
Image Source: http://www.sprintmotorhire.co.uk/
If you decide to run a business in Birmingham and require commercial grade transportation in order to operate your new business, you’re in luck. As you’ll be able to hire vans whether its for one day or for the entire month from a locally based business such as www.sprintmotorhire.co.uk. Which will make it simple for your business to transport orders or resources from a to b.
If you’re looking for the perfect location to launch a new business or to expand your business into, your key consideration should be to select a location which will have a high demand for your business’ goods and services. As Birmingham’s population is steadily increasing each year, your business will be able to grow alongside Birmingham and will benefit greatly from Birmingham’s growing population.
As a bonus as Birmingham’s population isn’t as large as London’s population, your business also has less competition. Which means that your business should be able to enjoy a healthy market share. Which your business should still be able to keep, even if new businesses in your industry open up in Birmingham in the coming years. As if you launch a business in Birmingham now, you’ll grow a loyal fan base of dedicated customers. Who will continue to shop with your business, even when they have more options to choose from. As human beings are by nature, far more likely to stick with a familiar business, that they know and trust.
No matter whether you’re interested in starting up a new business in the hospitality sector or the retail sector or you’re interested in offering in demand services such as building services, you’ll find a strong demand for your business’ services in Birmingham. As due to Birmingham’s population expansion you’ll be spoilt for choice when it comes to selecting a viable business opportunity.
Key reasons to run a business in Birmingham:
You may be surprised to learn that Birmingham has the largest economy in the UK, outside London. In fact, Birmingham’s economy was worth 28.1 billion dollars in the past year.
If you’re interested in running a business which operates in the tourism sector or the hospitality sector, you may also be interested to learn that in 2017 Birmingham attracted 33 million visitors.
Birmingham has also built a reputation for being one of the most entrepreneurial cities in the UK and 18,590 new businesses were established in Birmingham in 2018. Proof that Birmingham is the perfect location to launch a new start up. Especially as Birmingham provides a wide variety of resources such as free business mentors to ensure that new entrepreneurs have the assistance which they need to grow strong, resilient businesses.
Lastly in recent years Birmingham has hosted numerous industry expos and conferences, which is further proof that Birmingham is set to become the next best city to conduct business in.
To learn more information about operating a business in Birmingham, make sure to visit https://www.bussinessbirmingham.com/. As you’ll discover further reasons why basing your new business in Birmingham may be the best decision which you may make this year.
Image Source: http://www.redcubestorage.co.uk/
If your business requires additional storage space, especially when you first relocate to Birmingham, you’re in luck. Birmingham is home to numerous trust-worthy commercial storage businesses, who can provide your business with much needed additional storage space.
As an example, you may want to deal with www.redcubestorage.co.uk. A company which offers secure yet affordable commercial and residential self storage solutions, which provide great access. As when it comes to running a successful business, it’s important to use affordably priced services, which will keep your operating costs low.
So if you’re highly interested in expanding your business, relocating your business or launching a new start up, it’s well worth seriously considering Birmingham as a viable choice. As Birmingham is quickly establishing itself as one of the top destinations to run a business in Europe as well as the UK.