Virtual offices provide scalable solutions for remote businesses. However, the advantages of virtual office services aren’t limited to remote working.
Virtual offices allow businesses to test the market in a new location, whether it’s a new city or country, all without having to set up a physical presence there. This is true of any type of business too, as both remote-only companies and hybrid businesses alike can make use of the benefits a virtual office provides.
From offering mail forwarding services to providing an impressive business address, virtual office space can create invaluable opportunities. It can help attract emerging and established talent, as well as support business development.
A virtual office address in a central location also gives employers and employees the flexibility to meet when required. Some virtual office packages include access to meeting rooms and physical office space. This allows new and established businesses to enjoy the best of both worlds.
The business benefits of virtual office services are well-documented. Below, we will discuss the benefits of establishing a virtual office in Birmingham. From networking to recruitment, we’ll explore how a virtual address in Birmingham can improve your business.
Why establish a virtual office in Birmingham?
It’s possible to open a virtual office overseas in almost any country or city. However, establishing a company address in a growing economic hub like Birmingham offers many benefits.
Thriving startup scene
Birmingham is a fast-growing European startup hub. The city has maintained its status as the UK’s regional startup capital for several years.
87,253 companies were formed in Birmingham between 2018 and 2022. Birmingham startups also raised $71 million in capital funding in 2022. This was a $50 million increase from the previous year.
Having a registered company address at the heart of an exciting economy offers significant advantages. From fundraising to networking, a virtual office address in Birmingham could open many doors for your business.
Influential business hub
Birmingham’s GVA is forecast to grow by 1.1% year on year to £29.6bn in Q4 2023. Choosing a virtual office in Birmingham city centre puts your business at the heart of this economic growth. However, it does so at a fraction of the rental costs of physical office space.
Establishing a virtual office in this city will put businesses among some impressive names. Big firms with a Birmingham company address include ASOS, HSBC, and Mobico Group.
One of the UK's innovation accelerators
Birmingham is home to five universities. Businesses with an official address in this area therefore have access to emerging talent.
This higher education hub also contributes to Birmingham’s focus on future innovation. Aston University has partnered with Bruntwood SciTech to develop the Birmingham Innovation Quarter.
This 20-hectare site will nurture innovation collaboration between academics and businesses. It will include cutting-edge facilities across data-driven healthcare, diagnostics, and digital technologies.
Having a trading address near this world-class innovation cluster could provide significant advantages. These include reputation boosts, networking opportunities, and talent acquisition.
Financial and professional service cluster
Around a fifth of all UK finance roles are now advertised in the West Midlands. Birmingham is also home to over 7,000 fin-tech startups, contributing over £2 billion to the economy.
Beyond startups, there are some established, big names already calling Birmingham. For example, HSBC and Deutsche Bank run large parts of their operations in the area. Thanks to this, Birmingham is set to remain a prominent financial hub.
Commonwealth business hub
Hosting the 2022 Commonwealth Games raised Birmingham’s global profile. The region also capitalised on this by hosting a global trade and investment conference.
1,500 businesses from across the Commonwealth gathered to discuss innovations and opportunities. As the official address of this global summit, Birmingham cemented its reputation as a world leader in collaboration.
Companies with a business address in Birmingham can now reap the benefits too.
Business support and growth
Governing bodies and local organisations support new and established businesses in Birmingham.
Birmingham City Council has many grants and support programmes for small to medium enterprises. The Colmore Business District provides improvements and services to Birmingham’s business quarter.
The Greater Birmingham Chambers of Commerce also has many resources to support local businesses. Having a registered company address in Birmingham could give you access to, and eligibility for, some of these support schemes.
UK tech centre
Birmingham ranked second in CBRE’s UK Tech Cities Report 2022. The report focused on UK cities outside of London. It ranked cities based on factors like access to talent, proximity to tech institutions, and cost of employment.
The West Midlands is also the UK’s fastest-growing tech sector, valued at £15.3 billion with hiring up by 31%.
What to consider when choosing a Birmingham virtual office space
There are many different options for virtual offices in Birmingham. To find the right fit for your business, it’s important to consider your current and future needs.
Do you need a Birmingham mailing address and nothing more? Or do you also want a virtual receptionist who can assist with day-to-day operations?
Factors and services to consider when searching for a virtual business address in Birmingham include:
Location
Consider a location close to competitors, collaborators, and key industry players to maximise your visibility.
Cost
Virtual office space is a fantastic way to keep costs down. But bear in mind that prices can vary depending on your contract type and selected services.
Contract length
A key benefit of virtual office space is flexibility. Look for virtual office packages that allow you to operate from month to month and scale up or down with ease.
Additional services
A virtual office can be more than a mailing address. Virtual receptionists and call answering services can have a huge impact. When utilised well, they can transform operational efficiencies and improve business outcomes.
Use of physical space
Meeting employees, collaborators, clients, and investors face-to-face can be very valuable. It’s therefore worth considering virtual office packages with meeting rooms and physical office space.
Industries that drive Birmingham's economy
Birmingham has a historical reputation as a global manufacturing hub. Today, the UK’s second city has diversified and is home to influential businesses from countless industries.
Financial services
Birmingham hosts the second-largest banking and financial sector in the UK. The only region with a larger finance sector is London itself. The city also has a significant presence across all Big Four professional services networks.
Creative industries
Birmingham’s creative economy employs over 50,000 people and generates £4.1 billion GVA per annum.
It has a thriving advertising and marketing industry as well as a growing presence in film and television production. Birmingham is also responsible for 10% of the UK’s games industry.
Digital technology
Birmingham has a fantastic tech scene, backed by a steady influx of fresh skills and talents from its local universities. There are also 76,000 digital and tech professionals in the wider West Midlands area. This contributes to an industry value of $5 billion in the region.
Life sciences
With eight hospitals and 35 centres of clinical research excellence, the West Midlands is the UK’s top location for clinical trials. The region is also responsible for 8% of the UK’s MedTech turnover.
Birmingham virtual offices to suit all business sizes
Virtual Offices in Birmingham offer flexibility and convenience. Whether you’re a startup on a tight budget or a large company looking to grow, there’s a Birmingham virtual address to suit your needs.
The Mailbox
Stylish, vibrant, and centrally located, The Mailbox is a sought-after business address in Birmingham. Home to prominent organisations and two on-site hotels, this building offers far more than a mailing address in Birmingham.
For days when you want to collaborate with employees, Birmingham New Street station is a five-minute walk away. The surrounding bars and restaurants are also perfect for entertaining clients and investors.
For days when you want to collaborate with employees, Birmingham New Street station is a five-minute walk away. The surrounding bars and restaurants are also perfect for entertaining clients and investors.
Highlights include:
● Meeting rooms
● Breakout areas
● Shared atrium
Information about The Mailbox
● Location: 3 Wharfside Street Birmingham B1 1RD
● Starting cost: Business address from £119 per month
● Opening hours: 24-hour access for Private Office and Dedicated Desk members
● Membership access is available during reception hours
● Nearby stations: Birmingham New Street Station (an eight-minute walk away)
1 Victoria Square
Located in the heart of the city centre, 1 Victoria Square places you amongst Birmingham’s most prolific businesses.
When you need to impress clients, investors, or potential employees, the office boasts fantastic city views. It’s also within a short walking distance of Birmingham New Street station as well as many trendy bars and restaurants.
Highlights include:
● Meeting rooms
● Breakout areas
● Business lounge
● Disabled access
● Secure underground parking
● Showers
● 24-hour CCTV
Information about 1 Victoria Square
● Location: 1 Victoria Square Birmingham West Midlands B1 1BD
● Starting cost: Business address from £119 per month
● Opening hours: 24-hour access for Private Office and Dedicated Desk members
● Membership access is available during reception hours
● Nearby stations: Town Hall Birmingham (a two-minute walk away), Birmingham New Street Station (a six-minute walk away)
Lewis Building
With business address services from £99 a month, the Lewis Building is a fantastic option for startups and small organisations on a budget.
This building is within easy reach of multiple train stations. It also offers light, modern, and open workspaces. This makes it a perfect location for collaboration and brainstorming.
Highlights include:
● Meeting rooms
● Breakout areas
● Disabled access
● Elevator access
● 24-hour CCTV
Information about the Lewis Building
● Location: 35 Bull Street Birmingham West Midlands B4 6AF
● Starting cost: Business address from £99 per month
● Opening hours: 24-hour access for Private Office and Dedicated Desk members
● Membership access is available during reception hours
● Nearby stations: Bull Street Metro Stop (a one-minute walk away), Birmingham Snow Hill Station (a three-minute walk away)
Edmund House
For companies that want to make the most of Birmingham’s thriving business ecosystem, Edmund House is an ideal virtual office address.
Right in the heart of the Colmore Business District, it offers plenty of networking opportunities. It also provides access to support from local organisations. When you need to impress or entertain clients, there are two Michelin-starred restaurants nearby.
Highlights include:
● Meeting rooms
● Breakout areas
● Disabled access
● Elevator access
● 24-hour CCTV
● Bicycle storage
● On-site sandwich and coffee bar
Information about Edmund House
● Location: 12-22 Newhall Street Birmingham West Midlands B3 3AS
● Starting cost: Business address from £59 per month
● Opening hours: 24-hour access for Private Office and Dedicated Desk members
● Membership access is available during reception hours
● Nearby stations: Birmingham Snow Hill Station (a four-minute walk away), Birmingham New Street Station (a seven-minute walk away)
156 Great Charles Street Queensway
Great Charles Street is another desirable Birmingham business address. Neighbouring the theatre district, it’s a particularly good location for creative businesses.
The building includes coworking spaces, private meeting rooms, and an on-site cafe. This makes it a fantastic option for companies who want the best of both worlds.
Highlights include:
● Meeting rooms
● Breakout areas
● Elevator access
● 24-hour CCTV
● Bicycle storage
● Secure underground parking
Information about 156 Great Charles Street Queensway
● Location: 156 Great Charles Street Birmingham West Midlands B3 3HN
● Starting cost: Business address from £119 per month
● Opening hours: 24-hour access for Private Office and Dedicated Desk members
● Membership access is available during reception hours
● Nearby stations: Birmingham Snow Hill Station (a seven-minute walk away), Birmingham New Street Station (a nine-minute walk away)
Apex House
For businesses that want the Birmingham address without being in the heart of the city, Apex House is worth considering. With a business lounge and floor-to-ceiling windows, it’s ideal for client meetings.
Highlights include:
● Meeting rooms
● Breakout areas
● Business lounge
● Parking
Information about Apex House
● Location: Calthorpe Road Birmingham West Midlands B15 1TR
● Starting cost: Business address from £99 per month
● Opening hours: 24-hour access for Private Office and Dedicated Desk members
● Membership access is available during reception hours
● Nearby stations: Five Ways Train Station (a 12-minute walk away)
Establish a business presence with a Regus virtual office space in Birmingham
Whether you want a permanent office, a remote set-up, or a hybrid option, we can help you find the right Birmingham office.
For businesses looking to minimise costs, a business address or mailing address in Birmingham could cost as little as £59 per month.
There are also various flexible add-on services you can explore. From mail forwarding and call answering to virtual receptionists and meeting room access, we’re here to help you work your way.
Search for your Birmingham virtual office space online now. Or, for help finding the right option for your business, talk to the Regus office experts today.
