A New B2B Venture: What are the Business Opportunities Like in East Devon?

Starting a new business can be an incredibly (as well as stressful in equal measure) exciting time. It comes with the promise of new opportunities and potentially lucrative financial returns. However, it is not a decision that can be taken lightly. There are a number of factors you need to consider, the location being an important one.

If you’re planning on opening your business in East Devon, it’s vital that you are aware of the particular markets and industries there. Business varies significantly depending on where you are in the country, so you should always do thorough research before coming to any final decisions. What kind of business opportunities are there for your new B2B venture in East Devon? Let’s find out.

Tourism Industry

East Devon is a district in the county of Devon, located in the South West of England. It has a population of over 130,000 and is an area famed for its idyllic scenery and natural beauty. For this reason, one of the largest industries in East Devon is the tourism sector. Visitors come from all over the UK, and indeed all over the world, to enjoy this tranquil, traditional corner of England. This means that Devon is full of cafes and restaurants, with the region seeing plenty of business during the summer months.

As a B2B business, East Devon offers plenty of opportunities to get involved with the tourism industry. There are various ways to approach this sector, but the hospitality industry could be the perfect vehicle given East Devon’s abundance of places to eat and drink.

No matter what industry your company is in, marketing is crucial and will be one of the most effective steps you can take to establish yourself in the East Devonshire business landscape. It’s imperative that you familiarise yourself with B2B communication, like marketing techniques, to ensure your business sets itself apart from the competition.

Aviation Industry

East Devon is home to Exeter Airport, an international airport that sees around one million passengers pass through it every year. In 2020, Irish aviation maintenance firm Dublin Aerospace Group opened the Exeter Aerospace hangar at Exeter Airport. This gave an immediate boost to the local economy and created hundreds of new jobs. Over the next few years, Dublin Aerospace Group plans to transform Exeter Aerospace into a major aviation industry hub, with new hangars and bays and apprenticeship and trainee programs.

This presents an incredibly attractive prospect for B2B companies. Setting up your new business in East Devon will give you a chance to get involved with a burgeoning sector in a location that looks to be on the rise. Dublin Aerospace Group has a long-term lease for the Exeter location, so you can expect them to be there for many years to come.

Conclusion

East Devon might not be the first place that comes to mind when you think of a booming business. However, as we have demonstrated in this article, the region is full of exciting opportunities and is the perfect place to launch your new B2B venture.