United Kingdom
Entering the Market 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.
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