How Important is a London Address for your Business?

| August 28, 2013

Whether you have a thriving business you are looking to take the next step with, or are considering starting up from scratch, moving your company to London is a big step to make.

The capital city is arguably the heartbeat of the whole country and businesses that operate in London enjoy a certain reputation. We take a look at having a London address for your business and consider just how important it really is.

Ease of access

Despite London being an extremely large city, the transport links are excellent no matter how you decide to travel. Accessible by not just car, but also train, Tube or bus, there’s no part of the capital city which is hard to reach.

For businesses, this accessibility is a huge advantage. Customers or clients who want to visit won’t need to undertake a mammoth trek to reach you and this could make you a far more attractive option that some-one further afield. Convenience is often a significant factor when it comes to business!

And of course, it’s not just the customers which it becomes easier for, it also affects any staff you employ. Being in a central location means you will have far more applicants for any vacancies plus retaining staff should be easier as they won’t face a difficult journey to work every morning.

Prestige

Rightly or wrongly, having a London address provides your company with a certain air of prestige. Regardless of whether you only have a small office, being based in the capital city suggests that you are successful, cutting edge and professional.

London addresses such as Belgravia carry a lot of prestige

If clients are weighing up which company to use, a business with a London postcode will have the edge over their competitors.

In uncertain economic times, handing over money to a business can be a big decision and customers might feel a bit cautious about whether they will get what they have paid for. A London address can help reassure potential customers that you are solvent and financially secure and can be trusted to be handle any transactions in a reputable manner.

Community benefits

Being around other thriving businesses is a huge benefit, and London is probably the best place to experience this.

Businesses that are located in an area where there are lots of other companies immediately become part of a commercial community. This could mean that your forge working relationships with your peers and have a place to turn for advice and support if you need it. Or it could simply mean that there are lots of services and networks in the area that make conducting your day to day activities that little bit easier.

Being in the centre of a business community can also help if you need something done quickly. Maybe you need some urgent goods couriered? Or perhaps you need a consignment delivered to you more quickly than normal? If you base your business in the middle of a busy area, it is likely to be easier, quicker and cheaper to arrange what you need.

 

Being part of the community is great for business

From a client’s perspective, it is often more convenient to use a company or business which is in the same area as others too. For example, if you needed to visit a shop, would you be more inclined to use one which was local or drive all the way out to an alternative which was situated in a more isolated location? The chances are unless you wanted something very specific you would plump for convenience every time.

Conclusion

The benefits of having a London address simply can’t be underestimated, whether your business is large of small, there are countless advantages to having a prestigious postcode.

And the really great news is that it could be much cheaper than you think. There’s lots of office space in London to fit every size of business so whether you just need a few desks or a whole unit, you’ll be able to find a top quality rental for a price which doesn’t break the bank. To find out more benefits about having a London address; speak to those you know that live in the capital from friends to London Estate agents.

 

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Category: Business

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