Reasons to locate your business in Perth Scotland
By Stan Drews
There is a quiet revolution going on in the heart of Scotland. Perth is transforming itself into a hub of business activity. If you are involved in business in Scotland you should take note.
Perth - the 'Fair City' - is also known as the gateway to the Scottish Highlands. The region is renowned for its beautiful scenery and natural environment, including forests, woodlands, lochs and glens. Many use Perth as a base for the numerous outdoor leisure pursuits available in the area - such as walking, fishing, cycling, water-sports or golf.
Perthshire also houses many castles and a palace, museums, monuments and country gardens and plays host to several antiques and arts & crafts fairs and flower markets. In the town itself are a theatre and cinema, galleries, a concert hall and numerous pubs and restaurants.
Given all this one can see why Perth is often sited as a great tourist attraction but it may not be so obvious why Perth is an ideal place to do business. There is a long tradition of financial services being based in the area - most notably insurance companies. Part of the attraction has been Perth's location. Situated right in the centre of Scotland there has always been easy access to the major cities of Scotland: Edinburgh, Glasgow, Aberdeen and Dundee. Businesses have also been attracted to the area because of the high percentage of educated people - much higher than the national average.
A key industry for the region has been hotel and catering due to its attraction for tourists and business meetings and conventions. The quality of the accommodation is generally of a high standard. Perth has more up-market hotels as its customers tend to be those who come for business meetings, golf or winter sports. Each of these groups tend to be wealthier and so demand higher standards.
In the last few years the property boom has hit Perth. It seems that developers have suddenly woken up to the fact that real estate prices in Scotland are about half the equivalent average prices in England. New housing developments have been attracting new people into the area and in turn businesses are been enticed by a growing supply of educated potential employees. Prices have been growing year on year between 20 and 30%. Despite this, office space is still relatively cheap and this makes it appealing for many entrepreneurs.
Another sector which can't be overlooked is the conference and convention industry. There are a large number of venues for meetings in Perth and these attract a number of international events. It's likely that a significant factor in choosing Perth for these is the golf. It is no coincidence that St Andrews -'the home of golf'- is less than 30 minutes drive.
If you don't want to move your entire business to Perth but would consider it for occasional meetings then you could do a lot worse than check out http://www.perthcentre.co.uk. This is a venue where you can hire rooms ideal for business meetings and conferences.
About the Author
Stan Drews is a business consultant and writer on all issues concerning business in Scotland. He is a founder member of the team developing the meeting hire venue http://www.perthcentre.co.uk
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