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Starting a Business in Liverpool

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Liverpool is quickly becoming the city of the North West to begin a start-up business, with its lively city centre, excellent transport links and business growth opportunities. The city can accommodate for a wide range of disciplines and is just a short 2-hour direct train journey away from London Euston. The city airport of Liverpool John Lennon Airport flies to may international destinations, should your business ever flourish onto the global stage.

The city of Liverpool plays host to many business parks yet the city offers much less office space, when compared to the likes of Manchester and Birmingham. One approach implemented to counteract this issue is the rise in shared office space in Liverpool. Companies like Signature Works are having a huge impact on the opportunities available for start-up businesses by increasing the amount of co-working office space in the area.

Despite its rich history, Liverpool now attracts even more tourists than ever before due to the development of one of the UK’s leading shopping centres, Liverpool One. 29 million people visited Liverpool One in 2016 with 30 new stores and restaurants being launched within the calendar year.

So now you know a little bit more about the city itself, its time to consider why you should choose Liverpool as the city where you start-up your business.

Talent

Liverpool has four universities (University of Liverpool, Liverpool John Moore’s University, Edge Hill University, Liverpool Hope University) that are either located in the city centre or on the outskirts of the borough. The University of Liverpool even offers many commercial opportunities with on-site facilities available for science businesses.

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Access to Grants

The city of Liverpool being recognised as an excellent area to start-up a new business largely falls to the access to funds and grants available in the region. The Regional Investment Aid Merseyside provides funding to employers who offer opportunities to the public in high unemployment areas. Several other schemes are also available to ensure that businesses get the best opportunity to succeed.

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Buildings in Liverpool

The average house price in Liverpool currently stands at around £120,000 which is noticeably lower than comparable city Manchester, with an average house price of approximately £240,000. Liverpool is most commonly recognised for being home to the most famous band in music history, The Beatles. Since the era of the Beatles, Liverpool has maintained its performing arts roots with the Liverpool Echo Arena, Tate Liverpool, Liverpool Empire Theatre and Liverpool Philharmonic Hall all located in the city centre. Your new business will never be short of places to take clients and employees. Attracting clients and new employees will also be made a much easier task with the attractions your city provides.

When it comes to bars and restaurants, you will do well to beat Liverpool. With facilities to accommodate ranging budgets, the city has so much to offer. Visit and find out for yourself!

If you’re interested in starting your own business and deliberating on the city that will give you new company the best opportunity to survive, contact Signature Works. We provide flexible and affordable office space perfect for those breaking into the business world. Find out what we have to offer and call us on 0151 558 1566.

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