Oxford is the best place in Britain for budding entrepreneurs to start up a business according to research published today by the internet service The .UK domain. The historic university city pipped Inverness in Scotland to the top spot in the rankings, with two other academic towns, Cambridge and Durham finishing third and fourth respectively. Portsmouth completed the top five.
The rankings reflect The .UK domain’s analysis of where in the UK there is demand for certain services – and what the current supply of those services looks like. The internet company looked at more than 154,000 Google search items and 63,000 business listings to work out where new business owners stand the best chance of getting particular types of start-up off the ground.
The analysis is based on 10 different trades from grocery stores to hairdressers. And while Oxford came out top overall, the number-crunching suggests some types of start-up may perform more strongly in certain locations.
For example, Cambridge topped the rankings of where it makes most sense to launch a café, a grocery service or a bakery, while Inverness won out for cleaners; personal trainers should head to Aberdeen while landscape gardeners have especially good prospects in Hull. You can see the full rankings for each type of business here.
While many of these businesses aren’t even online trades, The .UK
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