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The Advantages of a City Centre Office

Tuesday 8th November 2016

No matter what the size of your business is, or whether it’s a start-up or a fully-established enterprise, setting up in an office in a city has big advantages. Just being in a busy city does something to workers, residents and visitors – the energy, hustle and bustle and ambition of a metropolis can be infectious! Let’s take a closer look at the main benefits of a city centre office.

A richer talent pool

As you can imagine, a bigger city has more workers than a smaller urban centre, town or village. This workforce also tends to have more skills, experience and also languages at its disposal. A big city also has different price brackets for housing and accommodation, so graduate recruits on starter salaries can have pretty much the same commute as the CEO to that office space in City of London!

A better infrastructure

Cities have excellent public transport facilities so that employees can get to and from work easily and even pull the odd evening shift if necessary! If you or your employees need to travel a bit further afield, then a bigger city will have rail and air links. As well as the obvious infrastructure features, cities have less tangible networks and infrastructure features like business networks and development centres for small enterprises. There will even be cafes, restaurants and pubs that become haunts and hubs for particular industries.

A varied customer base

Cities of all sizes have a diverse demographic, but big cities have the best and most varied. There’s also a wider range of cultures, religions and ethnicities, which works out well for companies looking for particular markets and sectors.

Theatres, bars, arts and other entertainments

Those transport links mentioned earlier don’t just help employees work for longer, they help them to play for longer, and also at weekends. Bigger cities have many theatres, museums, art galleries, cinemas, restaurants and bars, as well as sporting venues and halls. These places and facilities are invaluable not only for the workers within the company but also for important visitors and clients – when they visit the city, they’ll want to see the sights.

Greater professional network

All businesses, regardless of size, need services like accountants, financial advisers, lawyers, publishers, designers…the list is nigh-on endless. Larger urban centres will be able to offer a wider range of contacts and expertise than a town or village. For example, if a company needs an intellectual property lawyer, there’ll be a range of firms with specialist areas, not just generic IP law.

A greater range of financing options

Every business needs a range of financing options to hand. Financing means debt, private investors and venture capital facilities. In a big city, there’ll be a much wider range of finance options than in a town. Additionally, most investors want to invest in companies near to them, or at most a short-haul flight away. Many cities also have trade and enterprise bodies that can offer advice and financial help to businesses, as well as angel investors, all looking for opportunities.

              

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