But London is also one the best cities in which to start up a new business, with as many as 30.6 new businesses for every 10,000 people being set up each year – over 275,000 new businesses in 2022 alone, even though the world was still feeling the effects of the coronavirus pandemic. The solution for entrepreneurs looking to get their fledging business off the ground, and allowing themselves three to six months to get things in motion, is to rent a short-term serviced apartment or aparthotel as they can also be known.
Why Should Startup Founders Choose London Aparthotels?
There are several reasons why budding business leaders should opt for a serviced apartment in London:
- The cost is reasonable. London rent can be expensive; London hotels more so, especially when you are looking to stay for more than a day or two. Serviced apartments fit somewhere onto the spectrum, length of contract-wise, and tend to end up considerably cheaper on a price per day basis.
- You enjoy greater privacy than a hotel. A serviced apartment is your home away from home: it is in a block of flats, sometimes with a doorman for even more cachet and privacy, and you have the keys so you can entertain guests and potential business partners, come and go as you please and generally enjoy all the advantages of living in the city without too many of the disadvantages.
- You will be in the vibrant heart of the city. You might not be able to find permanent digs in the middle of London, but a serviced apartment is probably more readily available, and can be taken for just the length of time that you need – or that you can afford! And being in the heart of the action means that you will be able to get to all your meetings, scope out the competition and generally save your energy for your business, instead of having to face the rigours of the London public transport system twice a day for the duration of your stay.
Other Points to Consider
Having a home base to call your own, to which you can invite potential clients and business partners for meetings and meals, puts you in the driving seat, giving you ‘home advantage’ when it comes to making deals and making a good impression. If you are trying to get your fledgling business off the ground and feel that a few months – or even just a couple of weeks – in London are just what you need, visit the website here to see what aparthotels are available in the area that you’d like to set up your business. Choosing an aparthotel can be the difference between your little business floundering and it taking off and scaling dizzying heights of success – there’s a reason other startup founders are snapping up the chance to live and work in London for a while.
It really works!