London businesses have advantages and disadvantages. It’s the same of any geographical location. The advantages of a particular location change based on the type of industry you’re in. For example, a movie studio in Hollywood is going to fare better than one in Bognor (probably!).
This leaves some companies somewhat shut out, as they don’t have the same crack at the market that companies within an area known for a particular industry might. A virtual office can help, because it gives access to a place where you are not physically present.
You sign up and use the address or phone numbers of an external office as if they were your own. Ours is in Tech City near Old Street in London’s N1 district. So what are the advantages and disadvantages of London? Let’s take a look at the business pros and cons of a virtual office there.
- Prestige and perception — Simply put, when someone sees a business with a London address they trust it more (or at least look upon it more highly). For example if you had a business address in Manhattan you might see a similar assumption of greater wealth and business clout.
- Credibility and ability — Similarly, if you look at the address of a business and it is in London there are associations of greater wealth and business expertise. They are more believable and legitimate.
Simply put, the prestige of the address informs the perception of the business. But remember, you still have to be the best possible business…. Continue reading →
Originally published at: https://www.londonpresence.com