This year Bristol was voted the best place to start a business. Almost 3000 businesses launched in the city last year due to it’s first class business support, growth, skilled workforce and access to finance options. Business survival rates are high and the quality of life in the city were also taken into account when examining the best places to run a business. The city was judged on factors like population, crime rate, economic prosperity and business activity and outside of London, Bristol hit the top spot.
When starting up a business it’s important to look for things like support initiatives, funding, networking opportunities and even what leisure activities are close by. Bristol can also boast being given the title of European Green Capital and has low road speeds but fantastic transport links. There really is a lot going on in this city and with its own busy airport and London only 90 minutes away, it is accessible for just about anywhere.
The Bristol Docks are a major part of the infrastructure of Bristol and it reaches 42 million people. This is the ideal location for businesses looking to reach the international market. It is one of the UK’s busiest ports and has seen some real technological advances recently. The city is also in the process of receiving a boost of £400 million to improve the transport infrastructure. Continued investment suggests that there is much faith in the future of Bristol and this is why a move here might be the perfect solution for your business. It is important to think of all factors when you start a business including location, size, incoming and outgoing stock and obviously where you are going to keep it all. You could as for storage solutions from garage shelving who provide garage shelving at a reasonable cost. This will allow you to keep your products of the ground at a safe height in an order suited to your business.
The University of Bristol is ranked as among the top 30 universities in the world and so there is a large population of young people, many of whom will be drawn to remaining in the thriving city and so there is a strong workforce of skilled people. Almost half of the working age population of Bristol are qualified to NVQ Level 4 or above which is great news for prospective business startups here.
Access to business support is also good here and the West of England Local Enterprise Partnership are working hard to attract new businesses to the city. They partner with many local organisations and were provided with £86 million to further develop Bristol and the surrounding areas. Regeneration plans in the Temple Quarter Zone means that business rate discounts are available. The West of England Growth Fund also offers grants for businesses moving to or launching in the city in order to attract economic growth and job creation in the region. There really are many reasons to do business in Bristol.
Bristol also has a lively cultural and leisure scene with theatres, museums, cinemas and tourist attractions. There are tons of bars, eateries and a Michelin starred restaurant. Cribbs Causeway and Cabot Circus offer a huge range of shopping opportunities and attractions like the SS Great Britain, Clifton Suspension Bridge, Bristol Zoo, @Bristol and the Aquarium all offer great entertainment and make Bristol very popular with visitors too.