London is a well-known titan of industry. It is home to some of the most powerful and well-known businesses in the world, and if you truly want your business to thrive in the UK, then it better find a home somewhere in London.
However, that – of course – begs the question, where in London should it find its home?
To answer that question and help to give your business the best possible chance of thriving in the British markets, this article aims to outline which of the London districts wins for best businesses. That way, you know where to stake a claim, so that you are surrounded by the best of the best.
The Powerhouses: City of London & Canary Wharf
City of London and Canary Wharf are, without question, the most financially powerful districts in London. These complete powerhouses are barely four kilometers apart and together rule the business landscape of business without equals.
However, that does also mean that these districts are full of incredibly harsh competition. There’s always someone looking to get a break here.
Creative Industry: Camden & Islington
The powerhouses might have the financial market down in London, but if you are looking to break into a creative industry then Camden and Islington are the districts to look at. These are both titans of the creative industry and amazing places to get some footing in London’s creative market.
The Up and Coming: Hammersmith and Soho
These aren’t necessarily the biggest of the big districts when it comes to business in London. However, what both Hammersmith and Soho have in common is thriving, innovative business that has plenty of potential to become bigger.
So, if you wanted to break into a softer target with big potential, then you might want to look into Soho or invest in some office space in Hammersmith, London.
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Where to Go
Ultimately, the district that you settle on is going to depend on what you want for your business and how you want to get it. However, if you are set on doing business in London, then there are some important points to keep in mind before you dive right in, and some general tips that will apply regardless of the nuances of your business.
First and foremost, if you are going to try to set yourself up in one of the powerhouse districts, then you are going to have to be sure that your business can throw some weight around. After all, if your company can’t make itself known, then it is going to be crushed under the weight of competition in Canary Wharf, let alone City of London.
On top of that, if you are interested in slowly building up an enterprise that will last the test of time, then you might want to consider the benefits of taking things slow and setting up in one of the up-and-coming districts. These may not be as notable now, but they are making steady progress and your business could help with that.
After all, it might be more beneficial to be one of the businesses that put Hammersmith on the map, than it would to be yet another big business in Canary Wharf.