Setting up a company in Rugby

A ‘LACK of support’ means almost a fifth of new businesses in Rugby do not survive to see their second birthday, according to a national debt charity. New figures published by the Office of National Statistics revealed that 19 per cent of new businesses set up in Rugby do not last until their second year, with three per cent winding up in their first year.

605 new businesses were set up in Rugby last year – a similar figure to the previous year. But at the same time, a total of 405 businesses closed down in 2014. Business Debtline, run by the Money Advice Trust, warned there is a ‘lack of support’ available to help new ventures take their first steps in business. The charity said this gap in support means many small business owners are not given the skills and know-how they need to get their company off the ground.

Nick Price Creatives help new businesses in Rugby with creative solutions to their branding, online presence and marketing backed up with a sensible, realistic approach. If you are in the Rugby area and are thinking about setting up a company contact Nick Price Creatives today.