Aberdeen named in top UK locations to start a new business

Aberdeen named in top UK locations to start a new business

Aberdeen has been named in a list of the UK’s top ten best locations to start up a small business, according to research compiled by Informi, a website which offers advice and support for small businesses.

Ahead of this year’s Small Business Saturday on December 3, Informi studied information from 65 UK cities on a number of factors that can be important for smaller company survival, including the density of small and medium sized businesses (SMEs) in the area, the quality of digital connectivity, and house prices.

Aberdeen was named in the top ten thanks to its high number of start-up businesses in the area, a high density of SMEs, and a good level of high growth SMEs.

Brighton came top of the list due predominantly to its superfast broadband penetration rate, low pollution levels and high number of business start-ups.

Other cities in the top ten include Cambridge, Bristol, Northampton and Leicester. London only made it to number eight on the list, ranking in first place for the number of business start-ups there and density of SMEs. However, the capital’s high property prices, large number of SME closures and relatively moderate broadband speeds put it lower down the list.

Darren Nicholls, product manager for Informi said: "We are on course to see a record number of start-ups in the UK during 2016, demonstrating that the entrepreneurial spirit is as strong as it has ever been. New businesses can be found across every region and industry, bringing new jobs and prosperity and growth to their local economies.

"It is encouraging to see that London is not the only environment where small businesses have the opportunity to thrive. However, for every success story there are still far too many that struggle to get off the ground.

"SME owners should ensure they take every opportunity to seek out information and support that will help them get the fundamental ingredients of business in place to give their firm every chance of prospering."

 

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