Business

More enterprises open in Derbyshire than anywhere else in East Midlands

Derbyshire has seen more enterprises open in the area than anywhere else in the region.

Experts from The Cut & Craft analysed the latest Business Demography data released by the Office of National Statistics and found that, in 2022, 3750 new enterprises opened.

The majority were in South Derbyshire (910), followed by Erewash (660), and Amber Valley (525).

Area

Enterprise Births

Derbyshire

3,750

South Derbyshire

910

Erewash

660

Amber Valley

525

High Peak

400

Chesterfield

355

North East Derbyshire

355

Derbyshire Dales

305

Bolsover

240

 

When compared to the rest of the UK, the East Midlands came 8th.

Region

Enterprise Births

London

76,845

South East

44,160

North West

36,220

East of England

31,850

West Midlands

28,695

Yorkshire and the Humber

25,895

South West

24,510

East Midlands

22,685

Scotland

18,870

Wales

12,090

North East

9,720

Northern Ireland

5,385

 

Across the entire UK, 336,925 enterprises were born.

Retail trade, except of motor vehicles and motorcycles saw the most births (29,420), followed by Specialised construction activities (28,365) and Food and beverage service activities (26,155).

Oscar Akgul, owner of restaurant and cocktail bar The Cut & Craft who conducted the research, is very happy with the strong showing from the sector.

"It’s amazing to see the industry performing so strongly and people continuing to trust us for a great experience.

“Especially after the hardship of Covid and lockdown, and the impact the Cost-of-Living crisis is having on everybody, not just business owners, but customers too, it’s heartwarming to see the sector continue to grow and develop.”

“We look forward to seeing how 2024 continues to fare as we ourselves look to expand our restaurants into new areas across the UK.”

Oscar has these top tips for opening a restaurant:

  • Do your homework and understand the clientele needs in your area.
  • Your products and services must be in line with the market needs.
  • Understand PR marketing and learn how to use social networks.
  • Invest in the right people and only work with the individuals who share the same passion as you.
  • Create what’s special about your venue/ products/ location/building/ prices. Be clear about your brand.