Sunday, September 9, 2012

Small Business - Location, Location, Location


Moving to London is one of those activities that most young people considered at least once in their twenties and many act on it. Some then go away, others remain for decades. South, the 'brain drain' is a matter of concern for the counties of North Yorkshire as well as Scotland and Wales. People are lured by the promise of a great capital, with plenty of jobs and opportunities. The only problem is that because there are millions of people compete for jobs is fierce and customers, and do not forget, the way of life in London is not for everyone.

Businesses can flourish in London if they prove popular - there are definitely customers if you can attract and there's a lot of contacts. However, with high rents and the cost of personal life very painful, London is not always the best option for starting out. Nor, for that matter, are other major cities such as Birmingham and Bristol. It depends, of course, on your business and lifestyle expectations, but the smaller towns like Inverness can be surprisingly business.

Part of the reason for this is that works councils and development agencies can be very passionate about creating or maintaining jobs, therefore strongly encourage new businesses in their jurisdiction. In Inverness, Highlands and Islands Enterprise has invested heavily in the area in recent years, drawing the money from the EU and Scotland.

The investment project in the University of the Highlands and Islands has contributed to economic growth. However, Inverness is popular with professionals who simply want to escape the rat race. With almost exceptional setting aside, including the Great Glen and its most famous inhabitant, the Loch Ness monster, businessmen and entrepreneurs simply choose to make your move and then look around to see where they can use their skills.

With the flexibility now offered by the Internet, a growing number of small businesses can be run from farm buildings. It is not always necessary to have a 'front office' in a position reasonably well attended. Books Boreas, retail or fine rare books and first editions, is located in the archipelago of the Orkney island and could not be farther from the metropolis, but still thrives. Offering a service exclusively on-line does not need to over-the-counter sales.

And 'more and more tempting to combine the management of a small business with enjoying a comfortable lifestyle. Of course, the glitter of the big cities you can not deny, but if you need something quieter, cooler and perhaps more child friendly, then creating a small business in a less metropolitan area may well allow you to combine business with pleasure.

To know the economic potential of urban areas unless you have several options: contact the Regional Development Agencies, Business Link and local business groups. Otherwise, pay, special marketing company sent a deluge of statistics. If the numbers look good and you need to escape the city, consider whether your small business - and your family - would do just as good if not better, in another location.

Disclaimer:

This article was written for informational purposes only and interest. The information contained in this article is the opinion of the author only, and should not be construed as advice or used to make financial decisions. Expert financial advice should always be sought and any links contained in this article are included for informational purposes only....

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