United Kingdom
Expanding a Business in United Kingdom
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Why Expand To The UK?
There is a lot to recommend the UK as a great place to do business.
It is probably one of the most cosmopolitan countries in the world, with consumers from every nationality represented, and with eclectic tastes to suit.
If you have a product that is popular in your local market, it stands a good chance of finding customers in a nation that embraces change and novelty.
The language, of course, is English, which having become the international language of business will often make life easier for some people.
It is also probably one of the easiest places in the world to start as business, with fewer regulations than is common in other parts of the world.
Registering a company in the UK is relatively easy, although as with all new ventures, specialist advice is available and should be sought.
If you are planning to expand your business to the UK then as with anywhere else, a good understanding of the UK market is essential.
Work out who you think might be your clients and test the water by doing some proper market research.
The capital, London, is in itself an absolutely huge market, but if you are expanding your business to the UK then there are other choices when setting up a business in the UK.
The second city, Birmingham, used to have a bit of a poor reputation, but nowadays is a beautiful place to live and work 0- and run a business. Situated in the heart of the country, as a logistics hub, Birmingham, along with Coventry, Nottingham and other cities in the Midlands make ideal sites to base your business.
Manchester and Liverpool in the North West are also cities with huge skilled workforces and rents and wages are likely to be less than those in London
Sheffield, England’s 4 the largest city is renowned for excellence in advanced manufacturing, with 200 years of history pioneering engineering materials. The city also boasts a thriving business services sector
Whatever type of business you are looking to set up in the UK , it is worth talking to an expert in the field who can tell you things, that as a foreign business entering the UK market, you should not necessarily think to consider. For example, if your business involves telesales, then Newcastle might be a city to consider because people in the UK consider a Geordie accent to be attractive and trustworthy. There are innumerable examples of subtle nuances like this, so do make sure you do some background work.
Click here to Ask an Expert about Expanding a Business in United Kingdom
Organisations that can assist with Entering the Market
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> Company formation services.
Need to register a company or setting up a company?
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> Business Consultancy Services.
Do you need advice from an expert in your field, on the ground? Need help finding the best route to market for your product or service?
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> Nominus.com
When expanding your business to the UK, don’t forget to protect your brand. We provide Trademark Registration Services in the UK and in the entire European Union.
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> Nexus
Nexus provides a bespoke advisory service across a range of areas for international clients. We combine a fresh approach with professionalism and expertise, offering a comprehensive, tailored services in today’s global and competitive market.
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> Paul Beare Ltd
Paul Beare Ltd are UK based accountants and legal advisors to overseas companies setting up in the UK. They work with companies either entering, or already operating in the UK.
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> Blue Marble Global Payroll
Simplified Global Payroll Managing payroll across multiple countries is complicated – with unique requirements, systems, and deadlines in each country, it can be difficult to ensure compliance. Using manual processes or spreadsheets to manage payroll can lead to errors, data security issues, and penalties. Blue Marble solves your challenges with secure, cloud-based global payroll technology, aggregated monthly reporting, and in-country experts in 100+ countries.