5 Reasons Why You Should Start A Business In Manchester

by Natalie W. Freelance Writer and Researcher

Setting up your own business is a daunting prospect, but in the right environment, you can set your sights on success and truly blossom. Manchester has long been known as the place to be when it comes to football and music, but many startup companies and now realising the true potential that the city has. Just a two-hour train journey from the centre of London, Manchester is the perfect place to set up a business. With that in mind, here are 5 reasons why you should start a business in Manchester.

Growth In Technology

Between 2010 and 2013, Manchester had a 20% growth in the number of startup technology companies making their base in the city, making it now one of the city’s biggest and fastest growing sectors. The expansion in areas such as visual and audio design and network infrastructure has led to some of the best technology success stories in the region from the likes of brands including AO.com, Boohoo and The Hut Group.

Even though the market is highly competitive for tech employees, employers are now able to work with well-qualified workers and offer them lower wages than they could in places such as London and Birmingham. Manchester is a thriving hub for tech development, making it easier than ever for tech startup companies.

Access To A Wealth Of Talent

With four large universities on its doorstep, Manchester is a city full of talented students. If you’re interested in starting a business in Manchester, then there are no shortage of willing students who want to get their foot in the door, whether it be through volunteer work, a part-time job or an internship. Traditionally, students who study in the North have been drawn to larger cities in the South but, with growing emphasis on the Northern Power and cheaper living rates, the North has become a popular choice for graduating students.

Co-Working Spaces

The biggest sign that a city is booming business-wise is the increase in shared office spaces. A lot of new startup companies are choosing to make their base in shared working environments whilst they get their company off the ground due to the cheaper renting prices. A lot of shared working spaces now come with great amenities that you don’t find in traditional office spaces, including coffee shops, cafes and even bars. Co-working spaces can offer companies the chance to network on a daily basis and meet up with other like-minded business owners and employees.

The City Itself

Manchester is a reason in itself for why startup businesses are flocking there to make the city their base. With great transport links and affordable housing both in and around the city centre, it’s the perfect place for employees and employers alike. Manchester is an energetic place to live and work and there is never a shortage of things to do, both for business and pleasure. With some of the best Manchester restaurants and bars located within just minutes of one another, Manchester truly is a city where everything is at your fingertips.