Increase the proportion of new businesses, over £68,000 turnover, surviving beyond two years (two year time lag, ONS data)
What does this mean?
This measure looks at the survival rates for businesses in CWaC. The result is drawn from the Office for National Statistics Business Demography data.
Why is this important?
Strong businesses are a vital part of sustaining a strong economy, providing valuable jobs and a good quality of life. Creating the right conditions to support the success and growth of local businesses is an important role for the Council.