3 Tips for Startup Businesses in Central London

Is it time to take the plunge and set up your business in London?

Is it time to take the plunge and set up your business in London?

1. Find the right space

Let’s face it, if you’re a startup business looking to set up camp in London, you’re spoilt for choice in terms of where to locate yourself. Termed as the World’s Capital City by magazines and journals alike, London is a hub of innovation and is constantly pioneering world-leading research, fostering creative ideas, and incubating new and novel businesses. 

Hence, if you’re looking to become part of this hustling and bustling city its important you find the right location and space for your unique business. Whether that is in an extremely central location, such as the W1 district of Soho, or in a district further out such as Hackney- make sure you do your research before settling on a space. 

If having an office space all to yourself isn’t what you imagined for your business, consider a co-working set-up. Real Business UK argues that “shared offices and co-working both provide affordable options for startup’s whose budget doesn’t allow for renting a private office. Serviced offices in a business centre offer private offices with shared facilities such as meeting rooms, business lounge, and professional reception area.”

2. Or find the right virtual address

If you don’t have the funds just yet to rent your own office space in the heart of London, why not simply pay a fraction of the cost to have your mailing address there? 

Perhaps you don’t need an office but you want the ability to rent a meeting room to entertain and meet with clients on an as and when basis. Then look no further, here at City Virtual Hub we can provide both of those things. Our Virtual Office service on the renowned Greek Street in Soho (the prime media, advertising and film/TV hub for the UK and Europe) can help build your business's brand and reputation, as well as give you the peace of mind that you will receive your mail wherever in the UK or the world you are based. If you need to book a room for meetings, you can book through our partner, The Union Members Club, who are also located in our building. 

3. Get the maximum out of whatever location you choose

Because London is such a dynamic and vast place, it’s easy to get lost in it all. Whether you decide to rent out an office space of your own, co-work or pay for a virtual address - make sure you reap all of the rewards that come from being situated in a city as buzzing as London! 

Try to schedule some time out per week to attend relevant events and networking opportunities near you to build your local network and increase your chances of success. If you are in a co-working space, take some time to get to know those who are working around you…you may just find that perfect web developer you’ve been searching for. 

If you are using a virtual address which offers access to meeting rooms and a member’s clubhouse - use them! Who knows who you may meet while having a drink at the bar? Whatever situation you are in, simply take full advantage of it to reach your goals as a new business in London.