by johnt
4. November 2010 09:03
To answer the question The New Business Data Company (NBD), a division of data8,
which daily captures and validates details of new businesses starting up, have released,
for the first time, a snap shot of what types of companies have set up in the last
three quarters of 2010.
The Food, Retail and Wholesale sector, as a whole, saw a growth with a decline in
the number of start ups in the Services – Business and Consumer, and the Travel
& Leisure sectors. See table 1.
Type of Business Start Up
Quarters 1-3 2010
|
Qtr 1
|
Qtr 2
|
Qtr 3
|
Total
|
|
Agriculture and Mining
|
0%
|
0%
|
0%
|
0%
|
|
Construction
|
4%
|
3%
|
3%
|
3%
|
|
Educational Activities
|
1%
|
1%
|
1%
|
1%
|
|
Finance
|
2%
|
2%
|
2%
|
2%
|
|
Food, Retail and Wholesale
|
28%
|
31%
|
34%
|
31%
|
|
Government and Infrastructure
|
1%
|
1%
|
1%
|
1%
|
|
Manufacturing
|
3%
|
2%
|
2%
|
2%
|
|
Miscellaneous
|
7%
|
7%
|
6%
|
7%
|
|
Services - Business and Consumer
|
35%
|
33%
|
31%
|
33%
|
|
Travel and Leisure
|
13%
|
11%
|
10%
|
11%
|
|
Utilities
|
1%
|
0%
|
1%
|
1%
|
|
Grand Total
|
100%
|
100%
|
100%
|
100%
|
Table 1
© The New Business Data Company Ltd
|
Although Public Houses, Bars and Inns represent over a quarter of the catering businesses
set up, they also show a declining trend, dropping by 17% from January to September
2010. See table 2.
Type of Catering Start Up
Quarters 1-3 2010
|
Qtr 1
|
Qtr 2
|
Qtr 3
|
Total
|
|
Cafes & Tea rooms
|
13%
|
15%
|
17%
|
15%
|
|
Coffee Shops
|
3%
|
4%
|
5%
|
4%
|
|
Fish & Chip Shops
|
4%
|
5%
|
6%
|
5%
|
|
Hotels
|
4%
|
3%
|
3%
|
3%
|
|
Internet Cafes
|
2%
|
1%
|
1%
|
1%
|
|
Public Houses, Bars & Inns
|
32%
|
22%
|
23%
|
26%
|
|
Restaurants
|
20%
|
24%
|
22%
|
22%
|
|
Take Away Food Shops
|
16%
|
18%
|
15%
|
16%
|
|
Wine Bars
|
1%
|
1%
|
0%
|
1%
|
|
Other
|
5%
|
7%
|
8%
|
7%
|
|
Grand Total
|
100%
|
100%
|
100%
|
100%
|
Table 2
© The New Business Data Company Ltd
|
The one area that has shown sustained growth is Cafes and Tea Rooms with a 46% growth
in the same period. Within the restaurant sector the biggest area is India restaurants
starting up, they have also shown growth over the three quarters.
Antony Allen, managing director (NBD), commented "We supply data about new business
start ups to many companies and the statistics are a by product of our efforts.
We will be producing these statistics on a regular basis to give industries an insight
into how their industry is changing as new entrants join their market in the recession."
All the data is validated by a team of researchers and NBD say they can supply additional
information such as the manager/decision maker of the business, email addresses
and if the company has a website. They also say that the data is segmented into
new businesses, change of ownership, new branches of an existing businesses or business
relocation.