The British Invasion - How to Expand into the UK Market

David Banks
Authored by David Banks
Posted: Wednesday, May 9, 2018 - 16:05

Expanding to a new market can have many challenges. On top of making sure there is a market for your product, you have the task of searching for employees who are well-versed in their industry and knowledgeable about the area. Then, there is the task of finding suitable office space.

Finding office space in some of the UK’s most lucrative markets can be difficult for anyone. However, the virtual office is one of the more affordable options that will allow you to open up shop in a prime location. Furthermore, the virtual office plan is one of the easiest, and most efficient, ways to expand your office to the UK market with the least risk.

Continue reading below for more information on how you can expand your business to the UK market with confidence.

Logistics

Handling the logistics of a move to another country can begin with using the virtual office to investigate the new location. Because the virtual office allows you to lease the use of office space (conference and meeting rooms), you can relocate your business to the UK by relying on a leasing company that will allow you to transfer your lease easily. While in the UK, you can spend time looking for appropriate office space while getting acclimated to the environment or you can hold onto the lease if you decide the virtual office is more appropriate.

The great thing about the virtual office is that it provides a lot of value for the cost. In addition to meeting rooms, you are provided use of IT services and other office equipment and staff. Check out Virtual Office London to learn more about the advantages of using the virtual office as opposed to other plans. If you are trying to expand to the UK or just testing out the market, the virtual office will allow you to do so economically.

In addition to finding office space, another task you want to handle relates to making sure that there is a central place, or a headquarters, where you direct companies and other business. With a virtual office, your headquarters would be the professional address and dedicated phone number of the office that you lease in one of the prime locations in London or any other major city.

Managers

Whether you decide to transfer some of your positions to the UK or decide to hire professionals from the UK, this should be done before you actually open your doors for business. Keep in mind, you will have to remain abreast of UK labour and tax laws as it relates to hiring as well. Again, this is where the virtual office can help you by providing suitable accommodations for scheduling and holding interviews.

Administrative Issues

As a part of any expansion efforts, business owners should prepare for the onslaught of paperwork needed to do business in the UK. Some of the more common things you should prepare for include choosing the appropriate corporate structure, UK laws and regulations governing business practices, and sales and marketing strategies. By preparing ahead of time, you avoid handicapping your ability to do business. If you do decide to go with conventional leasing, at some point, you want to make sure you understand zoning ordinances or laws governing leasing property in the UK.

Virtually Expand With a Plan

Expanding to a new location always brings excitement to business. However, the UK has many opportunities for you to succeed in any expansion effort. With the virtual office, you might find that setting up shop in London or in any one of the UK’s quaint locales is a whole lot easier and efficient in transitioning your business.