9 Reasons why Exeter is an Ideal Place to Start a Business

David Banks
Authored by David Banks
Posted Saturday, December 9, 2023 - 8:05am

Exeter, a city teeming with history, culture, and a vibrant economy, has increasingly become a hub for entrepreneurs and business ventures. Nestled in the heart of Devon, this city offers a unique blend of old-world charm and modern business infrastructure, making it an attractive destination for those looking to start or expand their business ventures.

A Thriving Economic Environment

Exeter’s economy is dynamic and growing, with a diverse range of sectors including retail, manufacturing, and technology. The city has seen substantial investment in recent years, leading to improved infrastructure and business facilities. This economic growth provides a fertile ground for new businesses, offering ample opportunities for networking, collaboration, and expansion.

Excellent Connectivity and Infrastructure

Connectivity is a crucial factor for any business, and Exeter excels in this regard. With its well-connected transport links, including the Exeter International Airport, businesses in Exeter enjoy easy access to both national and international markets. The city’s digital infrastructure is also robust, with widespread high-speed internet access, making it an ideal place for tech startups and digital enterprises.

Supportive Business Community

One of the standout features of Exeter is its supportive business community. The city is home to various business networks, incubators, and enterprise zones, all designed to support business growth and development. These communities provide invaluable resources, advice, and networking opportunities, helping new businesses to thrive.

Rich Talent Pool

Exeter’s educational institutions, including the prestigious University of Exeter, produce a steady stream of skilled graduates, providing businesses with access to a talented workforce. This is especially beneficial for companies looking to innovate and grow in competitive sectors.

Franchise Opportunities in Exeter

For those considering a franchise model, Exeter presents a wealth of opportunities. With a growing economy and a diverse consumer base, the city is ripe for franchises across various sectors. You can search franchise opportunities through sites such as Franchise Local, which offer a comprehensive listing of available franchises in and around Exeter. From retail and food services to tech and professional services, there’s a franchise for sale that can fit a range of entrepreneurial aspirations.

Quality of Life

Business success is not just about profits and growth; quality of life is also a significant factor. Exeter offers a fantastic lifestyle with its beautiful surroundings, rich cultural heritage, and array of leisure activities. This makes it an attractive location not just for businesses but also for attracting and retaining top talent.

Lifestyle Balance for Entrepreneurs

Exeter’s appeal isn’t just in its business advantages. The city offers a unique lifestyle balance that’s hard to find elsewhere. Its proximity to stunning natural landscapes like Dartmoor National Park and the Jurassic Coast, combined with a vibrant city life, provides a perfect blend for entrepreneurs who value a work-life balance.

Forward-Thinking City

Exeter has a reputation for being forward-thinking and environmentally conscious, which aligns with the values of many modern businesses and entrepreneurs. The city’s commitment to sustainability and innovation makes it a desirable location for businesses focusing on green technologies, renewable energy, and sustainable practices.

Access to Markets and Customers

Lastly, Exeter’s strategic location in the South West, its diverse population, and tourist appeal provide businesses with direct access to a wide range of markets and customers. This accessibility is invaluable for businesses looking to establish a strong presence and grow their customer base.

 

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