The types of businesses starting up in the recession

Oct. 25, 2010 - PRLog -- The New Business Data Company (NBD), a division of data8, daily captures and validates details of new businesses starting up. They 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.

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.

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.  http://www.newbusinessdata.co.uk/
   
For further information contact:
John Turtle
Data8 Limited
Data8 House
Portside Business Park
Portside North
Cheshire  CH65 2HQ
Tel: 0151 355 4555
Fax: 0151 355 3580
info@data-8.co.uk
www.data-8.co.uk

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About The New Business Data Company :
The New Business Data Company, a division of data8 Ltd, specialises in the supply of data about new businesses setting up or changes to existing businesses. The New Business Data Company obtains information from a variety of sources, these leads are qualified by their expert research team, the team carefully collects details from each new business, allowing The New Business Data Company to produce a list that can be segmented to suit client’s needs.
About data8
data8 Ltd is the premier data enrichment specialist, ensuring customers completely trust their data.
Customers access data8’s cloud based applications to complete online data cleansing, this is backed by a bureau service and an unrivalled integration package which allows companies to quickly validate their data.
Data8 believes that data needs to be at the core of any business in order to inform, direct and develop growth, this can only be done with clean accurate data.