Starting a business in a major city like London may seem like a daunting prospect initially. Deciding the layout of the space, who to hire, and how to diversify your revenue streams, are all difficult tasks that require a lot of thought and effort before your big launch. However, none of these tasks can be completed until you know exactly where your business in going to be based.
Having a base of operations in a sought-after and easily accessible part of town will make your business seem professional in the eyes of customers or clients, as well as highly desirable to prospective employees. Here are 5 of the best places in London to kickstart a new venture.
Known commonly as London’s version of Silicon Valley, Shoreditch is a prime location to start a trendy tech company or small business aimed at attracting hip millennials. A multitude of flexible options exist throughout Shoreditch, ranging from open plan coworking spaces to private serviced offices in eco-friendly buildings.
- Canary Wharf
One of the two main financial hubs in London, Canary Wharf is the perfect place for financially minded entrepreneurs to lay down roots. With the major banks located just around the corner, as well as excellent transport options sprinkled throughout, Canary Wharf is a prestigious and convenient option for a wide range of businesses of all shapes and sizes.
If coworking is something that would suit your company, then the (quite literal) off-the-wall sights and sounds of Camden will be the perfect place for you! Close to attractions such as London Zoo and the world-famous Camden Market, this area features world class restaurants surrounded by a seemingly endless selection of shared workspaces allowing you to work alongside likeminded individuals from all walks of life.
Seen by many as South London’s answer to Shoreditch, Croydon has quickly established itself as a notable alternative to the hyped up and sometimes intimidating Silicon Roundabout. Transport links are also abundant throughout.
In the North of London, Haringey works hard to support new businesses through initiatives such as The Tottenham Trampery, an incubator and accelerator designed to support startups through their early stages. By providing entrepreneurs with 6 months of free desk space and access to mentoring programs, The Trampery is a prime example of how Haringey helps local businesses.