"Start-ups surpass 20,000 for first time in almost 20 years"

Discussion in 'Askaboutbusiness' started by Brendan Burgess, Jan 6, 2017.

  1. Brendan Burgess

    Brendan Burgess Founder

    Posts:
    30,944
    According to this article in the Irish Times

    Start-ups surpass 20,000 for first time in almost 20 years

    20,977 new companies were registered in 2016.

    How many of these are actual start-ups? I would have thought that most start-ups would be sole traders.

    Most of the following are some forms or re-organization and not really start-ups:

    Professional services: 4,079
    Finance sector: 2,959
    Construction: 1,876



    Brendan
     
  2. Gordon Gekko

    Gordon Gekko Frequent Poster

    Posts:
    1,755
    Agreed. The widespread use of SPVs and propensity to hold property via corporates are influencing the figures.