The North West of England provides some excellent opportunities for those looking to start a business in the area. Recent data released by Cheshire West and Chester council shows the type of businesses that thrive in this part of the country.
We’ll take a look at some of the best business ideas to focus on if you’re thinking of starting up on your own in this location.
Professional, scientific and technical
This sector includes specialist services such as scientists, solicitors, marketing, financing and managing specialists and medical experts. According to the data, this industry makes up the largest number of businesses in the report, with Cheshire West and Chester being home to 2800 businesses in this sector. Overall, the North West has 41,460 of these businesses out of 406,280 businesses in England.
Whilst these types of businesses are likely to be run by some of the most highly skilled and trained professionals, if you have expertise and knowledge in this industry, the data suggests that you could potentially create a successful business in this sector in the North West.
Cheshire West and Chester is home to a total of 1,425 construction companies, with 32,365 across the North West. Businesses in this sector range from construction management and engineering to architecture and designer.
To start a construction business, you’ll generally need some level of skills, experience and expertise in the field as well as the right tools. For general construction work, you’ll usually need to invest in a tool kit consisting of at least a range of spanners, sockets and wrenches as well as screwdrivers, hammer, spirit level and chisels.
You’ll also need to invest in the correct health and safety equipment and ensure any staff are fully trained in using the proper tools and machinery.
Business administration and support services
There are 1,285 of these types of businesses in Cheshire West and Chester with the North West being home to 23,135 in total. Across England, there are 206,035 business administration and support companies, providing a range of services such as filing, customer service, documentation production and accounts.
To set up this type of business, you’ll usually need a professional qualification in accounts management or at least some office experience to be able to provide administration support.
In the North West there are 25,555 retail business, out of a total of 192,870 in England, with 955 of these based in Cheshire West and Chester. Retail can offer many opportunities, depending on the specialism, and can be a good way to begin a start-up company.
Whatever type of start-up you’re looking at developing, make sure to check out the government’s guide to the regulations of setting up a new business.