October 21, 2021

Beyond Going Long

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The United Kingdom has more businesses than any other country in Europe

The United Kingdom has more businesses than any other country in Europe

The number of small entrepreneurs has increased over the past year. With the wave of layoffs and layoffs and spending more time at home, people took advantage of the opportunity to start their own small business.

This means that in the world of “small businesses”, the number of companies with less than 10 employees has increased.

To find out which countries are best at producing permanent small businesses, Money.co.uk examined the performance of companies with one to nine employees in 28 different European countries, to find out what percentage of these companies lasted five years. The site shared its results I city

Small projects

The United Kingdom has the largest number of small five-year businesses in Europe. In 2013, Britain created 265,255 large micro-enterprises with one to nine employees, of which 114,590 survived five years, more than any other country in Europe.

This means that although the UK has a five-year survival rate of 43 per cent of its small businesses, its remaining industries are more than double that of any other country.

Countries with the largest number of micro-enterprises after five years

Nation Small projects lasted five years
# 1 United Kingdom 114 590
# 2 Turkey 56,395
# 3 France 35 060
# 4 Italy 31211
# 5 Spain 28 612

The top 10 countries are: Germany, Poland, Romania, Portugal and Slovakia respectively.

In addition, France is the best country for the survival of micro-enterprises. France has been proud of its business success for more than five years 75 percent. In 2013, the government created 46,549 small entrepreneurs, of which 35,060 continue to operate after five years.

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Sweden, the second most successful country, has a five-year survival rate of 73 percent. In 2013, the government created 17,574 micro enterprises, of which 12,908 survived over a five-year period.

Slovakia ranks third with a survival rate of 70 percent for small businesses. In 2013, Slovakia created 18,949 small entrepreneurs, of which 13,328 survived for five years.

Best countries for small business survival

Nation Small Business Founded in 2013 Small businesses lasted until 2018 Five-year survival rate
# 1 France 46549 35 060 75%
# 2 Sweden 17,574 12908 73%
# 3 Slovakia 18,949 13328 70%
# 4 Netherlands 7032 4610 66%
# 5 Esky 8680 5533 64%
# 6 Luxembourg 1 247 770 62%
# 7 Belgium 5905 3527 60%
# 7 Portugal 22339 13334 60%
# 9 Lithuania 4518 2675 59%
# 10 Finland 5,088 2955 58%