As London is becoming more expensive and overcrowded, many people are looking to move out of the capital and relocate to other cities around the UK instead. Liverpool has always been a popular place to live but these days many entrepreneurs are relocating to the city and starting their own businesses here. This is adding to the vibrancy and desirability of the city. What makes Liverpool such a great place to start a business?
Cost
If you have previously run a business in London, you may be surprised at how much money you can save by relocating to Liverpool. Renting an office or a shop is a lot cheaper here and the cost of living is more affordable too. Not only are businesses relocating to Liverpool, but many Liverpudlians are deciding that this is the right time to set up their own businesses too. This is creating great employment opportunities for other people in the area.
Great Staff
Liverpudlians are renowned for their friendliness, and they make great customer service professionals. Your small business is well placed in Liverpool because of it. The local Universities are well known for producing some top-quality scientists and engineers, so you will be able to find some of the best employees in the country if you are looking to hire great staff.
Location
Liverpool is in an excellent location for both national and international business. It offers great motorway links, a thriving airport, and a bustling seaport. Shipping and freight transportation are easy. If you are running a local business, enough people are living in Liverpool and the surrounding areas to keep you busy.
Start-Up Opportunities
Liverpool is growing fast with many start-ups being based here. It is quickly growing a great reputation in digital technology and gaming and has become one of the fastest-growing cities in the country for entrepreneurial growth. Many of these start-ups will grow into bigger companies in the future and provide a lot of opportunities.
Franchising
Many people who are nervous about starting their businesses independently buy franchises. This is a thriving environment in Liverpool, as many restaurant chains, pubs, and service industries offer local franchise opportunities. This provides great opportunities for entrepreneurship and many people are moving into the city centre to take these up. Check out some of these great franchise opportunities here. Franchise Local is a UK directory listing some of the best franchise opportunities in the North and beyond.
Growth
The growth in business over the past few years has created a snowball effect. For example, the huge rise in digital technology companies has meant that people have been moving to the area for work. They need to find houses through local estate agents, buy pints in the local pub, and shop in the local supermarket. Wherever there are consumers there are business opportunities and Liverpool is experiencing some fantastic growth in many sectors.
Whether you have lived in the city all your life, or you are looking to relocate to the area, there has never been a better time to start a business in Liverpool.
