New data highlights the best cities for women to start businesses in 2022
The payroll dojo index analyzed the number of self-employed women who have started a successful business and also the number of women working in these cities, which shows access to equal opportunities in employment.
Chelmsford is ranked as one of the best cities in the UK for women to start their own businesses. Known as the first city in Essex, Chelmsford benefited from a strong five-year survival rate for businesses in the region with businesses lasting 40% for a minimum of 5 years.
Similarly, 36% of women in the region are self-employed, one of the highest percentage in the index, showing the potential success of women entrepreneurs here. Chelmsford has a score of 65 out of 100, making it the best city in the UK for women to start a business!
Worcester is the second best city in the UK for women to start a business
Worcester is the second best city in the UK for women to start a business. Similarly at Chelmsford, 40% of Worcester’s female workforce is self-employed. While working in the city you can expect an average weekly income of £ 569, making Worcester 18th out of 44 in the average weekly salary index. Overall, West Midlands City’s overall index score is 62 out of 100!
Carlyle is the third best city in the UK to start a women-led business
The city of Carlyle is located on the Scottish border and ranks as the third best city in the UK for women to start a business. With an overall index score of 61 out of 100, it has a 5 year survival rate of 38%. Carlyle office floor space costs an average of £ 98 per square meter to rent, which is less than the cost of setting up a business compared to other cities in the UK.
York and Debris are among the top 5 UK cities for women to start a business
The city of York is in the fourth place. The data shows that the business survival rate in York is 46%, the highest on the index, suggesting that women who want to set up a business in the city can manage it with a certain level of confidence. Overall, York’s total index score is 61 out of 100!
Rounding from the top 5 is the Derby. The industrial city has one of the cheapest for office floor space prices, averaging £ 70 per square meter, which means the cost of starting a business in Derby is lower. This makes the city a more attractive option for women entrepreneurs on a budget. In addition, the average weekly salary in Derby is £ 709, the highest on the index.