London is a city that is known for many different things, from its great attractions and fascinating history to its culture and landmarks. It is also a city that has become one of the world’s business hubs, catering for companies in industries such as finance, technology, healthcare, and many others. This is why so many global companies have set up headquarters there and so many startups decide to head to the city.
In fact, there is little doubt that London will become one of the world’s future mega-cities when it comes to everything from entertainment through to business. With this in mind, it is well worth opting for this as a location if you are setting up a business and wondering where you should base yourself.
There are a number of reasons why this is such as great option for your business:
Fast growing city: London is known as being among the fastest growing cities when it comes to business, which is why so many startups decide to set up here. There are many industries that thrive in this city, making is a great place to travel with your team.
Funding and investment: Over recent years, there has been a lot of funding and investment when it comes to London. This is great news for businesses, particularly for startups that are keen to see their businesses grow. It is also often easier for businesses to secure funding when setting up in the city. According to the Lord Mayor's office, tech firms in the city raised a record £2.45 billion in 2017, which makes up about 80 percent of all venture capital tech funding in the U.K. last year.
A global hub: The city has become a global hub for businesses, events, tourism, and more, all of which is great news for growing businesses. You will find a diverse range of cultures here, many languages spoken, and many people heading over on a daily basis from other places around the world.
Making your business more impressive: When you have a business in the city, you will be neighbors with huge, global corporations that have also chosen London as their headquarters. This can add an extra touch of professionalism to your business when it comes to dealing with customers and clients.