If you’re looking for a prime UK-based location in which to embark on your next entrepreneurial endeavour, look no further than Birmingham. With an estimated population of 2,607,437, the impending development of the HS2 railway system, and funding opportunities that are envied across the length and breadth of Britain, now is the time for you to seriously consider starting a company in Brum.
Do you want this professional venture of yours to prove successful over a sustained period of time? If so, be sure to put the advice laid out below into practice.
Here are two top tips for running a successful business in Birmingham:
Operate out of a prime workspace
Like any other bustling, vibrant city, Birmingham is full of prime workspace locations. Depending on the type of service that you provide, the consumers that you cater to, and the brand image that you want to uphold, certain areas of the city will be better suited to your company than others.
If you want to cultivate a professional and authoritative reputation for your business, you should try to nab yourself a workspace in the heart of the city centre. When you operate out of a B1 business address, your consumers will instantly be made to believe that your organisation is an expert figure in its field.
Do you run a business in the hospitality sector? If so, you should look into the prospect of renting a premises on either Broad Street or the Hagley Road. This famous stretch is where Brummies flock to whenever they want to enjoy a night out which means that, should you operate out of this location, you will have the capacity to tap into a built-in client base.
Want to blaze your own trail? Lesser-known local areas in and around Birmingham (Quinton, Harborne, Halesowen, and Oldbury, to name just a few) are currently proving themselves to be incredibly profitable and popular with entrepreneurs.
Take advantage of local support
More businesses than ever before are now opting to trade out of Birmingham. This, of course, means that more and more services are now being provided in the area, which in turn means that local support will always be available to you should you start your own company in the city.
For example, should your business, for whatever reason, find itself in financial peril at some point in the future, you will be able to take advantage of the expert level of support provided by McAlister & Co. With a meeting room based in Birmingham, this experienced team of insolvency practitioners will always be at hand to provide you with comprehensive corporate recovery assistance. With them by your side, you will be sure to fix your fiscal fiasco and, in turn, protect your company from further monetary damage.
After years of hard work and dedication from the city’s council, Birmingham has finally managed to distance itself from the dull reputation that it held for so long throughout the 20th century. No longer is this a grey, dreary manufacturing town — it’s now a city brimming with entrepreneurial opportunities. If you want to start a company in one of Europe’s most exciting business hubs, you should seriously consider hanging your hat in Brum!