This is a closed group for all the local small businesses, entrepreneurs, freelancers and self-employed people who work in one of London’s SW postcodes. Please refer to the map if you are in doubt as to which postcodes are included.
Please join us if you have any local business interest. You can apply if you or your business is registered in one of the SW London postcodes. You can also join the group if you carry out most of your business activity in at least one of the SW postcodes, even if you are registered elsewhere.
The purpose of this group is to create a dynamic online business community for SHARING LOCAL INFORMATION AND NEWS which will benefit all members.
It can also be used as a platform to PROMOTE YOUR OWN SERVICES and SPECIAL OFFERS, or share with the group’s members other business services and special offers that might be of interest to everyone.
The only caveat is that you should be sensible and not flood the daily conversations with your own promotions.
SOUTH WEST LONDON ENTREPRENEURS LEAD THE WAY IN BLOOMING BUSINESS SCENE
Why is it a good idea to open up a business in one of London’s SW postcodes?
Well, it seems that South West London combines the best of both the South and the West of London.
And here it is why.
West London boasts the second largest number of micro-businesses within the whole of London (NOMIS figures), and has long since been favoured by entrepreneurs working within the creative, media and tech sectors (where names such as Graze, notonthehighstreet.com and Brompton Bikes are to be found).
There’s also a great pool of talent to be found in west London, with 48.9% of the population holding NVQ Level 4 and above, and where average weekly earnings come in at a reasonable £569 (StartUps.co.uk 2014). Finally the survival rates for businesses in this area far outstrips the standard, with 59.6% of businesses reaching their fifth year (StartUps.co.uk 2014).
Equally south London is known as the Silicon Valley of the UK, with a 23% growth rate for such businesses since 2011 (Source: Croydon Council), this compares to the Capital’s rate of 17.1%, and the national average of just 11.3%. These rates then translate into an impressive 25 new start-us for every square kilometre (StartUps.co.uk 2014).
This is then coupled with some serious networking opportunities, with events and group meetings as well as access to plenty of co-working offices such as Lombard House and Capital Business Centre, and workshop space within the Rainbow Industrial Estate.
Finally… the future is bright for business survival in the South West of London.
The south west region is home to the best five year survival rate (with 45.5% of businesses surviving), this compares to the city of London, where only 37.5% of business survive (which is actually the lowest rate in all of the UK! [The Guardian 2014]).
So don’t let anything hold you back from STARTING UP ON YOUR OWN!
We are looking forward to welcoming you as a new member!