The Limited Times

Now you can see non-English news...

Business start-ups increased by 4% in 2020

2021-01-15T09:40:43.151Z


Nearly 850,000 businesses were created last year, despite the health and economic crisis. The health and economic crisis that shakes the country does not seem to have slowed down the motivation of entrepreneurs. According to data published by INSEE on Friday, the number of companies created in 2020 increased by 4% compared to 2019. In total, 848,164 companies were created last year in this anxiety-provoking context. " The creations of individual businesses increased sharply (+ 5.6%) wh


The health and economic crisis that shakes the country does not seem to have slowed down the motivation of entrepreneurs.

According to data published by INSEE on Friday, the number of companies created in 2020 increased by 4% compared to 2019. In total, 848,164 companies were created last year in this anxiety-provoking context.

"

The creations of individual businesses increased sharply (+ 5.6%) while the creations of companies fell slightly (-0.2%)

", specifies INSEE.

To read also: How to branch off towards the creation of a business thanks to the franchise

Business creations slowed down slightly in December (-4.2%), but over the whole of the last quarter, the trend was upward.

The cumulative number of businesses created between October and December jumped 16.3% compared to the same months of 2019. Over this period, it is the

“transport and storage” sector

that pulls the figure up. with 13,100 creations.

"

Within this sector, it is in the other postal and courier activities that the increase is the most significant (+13,600 creations over the last three months)

", underlines INSEE.

A boom that "

reflects in particular the development of home delivery services

", Very popular in this period of pandemic, explains the institute.

This sector shows an increase in the number of creations of nearly 22% over the year as a whole.

"

Mass failures

" in sight

These business creations were accompanied last year by a sharp drop in the number of bankruptcies.

The latest figures available suggest a 36% decline in insolvencies at the end of November, according to the Banque de France.

Over the whole of 2020, the National Council of Commercial Court Clerks (CNGTC) estimates that the number of bankruptcies should be nearly 40% lower than in 2019. The numerous direct state aid as well that freezing regulatory procedures have allowed companies to keep their heads above water.

Read also: Bankruptcies at their lowest in 2020 ... thanks to Covid-19

But this infusion, which the government has promised to extend, will eventually stop.

Bercy is working on it.

When the time comes, this shutdown risks causing "

mass failures

", warns the CPME, which recommends the implementation of new support tools.

"

For the companies in greatest difficulty, it would be necessary to provide for the cancellation of their debt, via mediation by the public authorities,

" said its president, François Asselin.

Source: lefigaro

All news articles on 2021-01-15

You may like

Business 2024-02-08T05:42:45.334Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.