Leeds is known for being one of the best cities to live in England. Not only is Leeds a great place to live, but it’s also a smart choice to run a business and for many reasons. With a population of more than three million and an incredible workforce of more than one million, Leeds is a thriving city offering a wealth of opportunities. Here are more reasons why you should consider moving your business to Leeds.
- Great Transport Links
Leeds has an excellent transportation system, allowing easy access to London, Manchester, Birmingham, Scotland, and other major cities in England. Having great transport links is good for business for various reasons. First, it allows the efficient movement of goods in and out of the city, giving businesses more opportunities to trade to farther locations. When you move your business to Leeds, you can easily expand your network of distribution and offer more products and services to your clients all over the country.
- Everything is Less Expensive
Leeds has recently seen a swell of talent as the population in the city continues to grow. It’s now home to more than a million workforces, with a wealth of new talent increasing each year coming from the city’s growing student population. Given Leeds’ reputation of having an affordable cost of living, this does not come as a surprise.
The city’s low cost of living also means cheaper business services, such as being able to hire an experienced business coach in Leeds, a luxury you wouldn’t be able to afford in London. Leeds also welcomes several start-up companies moving up from the south. Furthermore, local universities are fostering the entrepreneurial spirit by offering support to students who are interested in setting up new businesses.
- Yorkshire is a Friendly Place
Moving your business to a new city can be nerve-wracking, especially if you don’t know anyone there. But Leeds is a very welcoming city, and you can be sure that the locals will welcome your business with open arms. In fact, Yorkshire has a reputation for being a friendly place, and some of its towns have been voted as the nicest places to live in the UK. Setting up your business in a city that’s home to a friendly bunch means you’ll be able to hire friendly employees that can lead to happy and satisfied clients!
- Everybody is Moving Out of London
For several years, London holds the biggest share of the UK’s businesses. But in recent years, there has been a logical shift happening in the business community. Several companies, both big and small, are moving out of the capital and have relocated to other cities like Leeds and Manchester.
Channel 4 is the latest company to have moved to the north, following the BBC, which has since moved to Manchester. This sudden exodus proves that London is not the only place in England where businesses can thrive these days. In fact, Leeds has reported an annual economic output of £64 billion and this is expected to grow in the coming years.