This website is using cookies to ensure you get the best experience possible on our website.
More info: Privacy & Cookies, Imprint
The trade registrations in Berlin have recorded a remarkable increase in the first half of 2023. According to a recent press release from the Berlin-Brandenburg Statistics Office, a total of 21,551 trades were registered with Berlin's business offices, a 3.2 percent increase over the same period last year
Varied picture of trade activity
The report shows a dynamic range of commercial activities in the German capital. The economic section "Trade; maintenance and repair of motor vehicles" recorded the most activity with 4,121 registrations, followed by the construction sector with 3,390 registrations. Also significant numbers were recorded in the "provision of professional, scientific and technical services" section, with 2,835 business registrations.
At the same time, however, the number of business deregistrations also increased by 3.3 percent year-on-year to 16,546, with a number of 3,224 deregistrations recorded in the "Trade; maintenance and repair of motor vehicles" sector and 2,857 in the construction sector.
New establishments and complete tasks
An impressive 91.9 percent of business registrations were new businesses, indicating a continued interest in entrepreneurial activity. A total of 19,795 businesses were newly established. In contrast, 91.0 percent of deregistered establishments ceased operations entirely, representing 15,049 establishments.
Gender and nationality of traders
An interesting picture emerges with regard to the gender and nationality of traders. One third of the total of 16,279 sole proprietorships were registered by female entrepreneurs, an increase of 8.7 percent compared to the previous year. Among the deregistered sole proprietorships, women accounted for 30.6 percent.
It is also striking that a considerable proportion of business registrations and deregistrations came from foreign traders. 43.0 percent of the registrations and 39.3 percent of the deregistrations of sole traders were accounted for by this group.
Multiple economic sections
The business registrations are distributed among various economic sections. Construction is strongly represented with 3,390 registrations, followed by "Trade; maintenance and repair of motor vehicles" with 4,121 registrations. Other significant economic sections include "Professional, scientific and technical services" and "Other economic services."
Conclusion
The business registrations in Berlin in the first half of 2023 paint a positive picture of economic activity and entrepreneurial commitment. The increase in new businesses, particularly by women and foreign traders, reflects the diversity and dynamism of Berlin's economy. This trend could point to a positive economic future for the city, although a continued supportive infrastructure for startups and entrepreneurship remains important.
The German economy shows mixed developments in the first half of 2023 in terms of business start-ups and discontinuations. According to the latest data from the Federal Statistical Office (Destatis), the number of start-ups of larger businesses remains almost unchanged, while new business start-ups show a significant overall increase and complete business discontinuations also rise strongly.
In the period from January to June 2023, around 62,700 establishments with a legal form and number of employees indicating greater economic importance were founded in Germany. This figure reflects a minimal decrease of 0.1% compared with the same half of the previous year. This result shows that, despite slight fluctuations, there is a constant interest in creating significant economic entities. At the same time, however, about 50,600 establishments with greater economic significance completely deregistered their trades, an increase of 12.4% compared to the first half of 2022.
It is worth highlighting the remarkable increase in new business startups overall during the same period. With approximately 317,600 startups, Germany recorded an increase of 10.2% compared to the corresponding half of the previous year. This testimony underscores the ongoing interest and commitment of entrepreneurs to build new businesses and put innovative ideas into action.
The total number of business registrations in the first half of 2023 increased by 8.9% year-on-year to around 381,200. These figures include not only new business start-ups, but also business takeovers, conversions and moves from other registration districts. This illustrates the diversity of entrepreneurial activity and the different ways in which businesses can start and grow.
Not to be ignored is the increase in trade relinquishments, which was also observed in the first half of 2023. With around 246,500 complete commercial tasks, Germany recorded a striking increase of 14.0% compared to the same half of the previous year. These figures include not only trade relinquishments, but also business transfers, conversions, and departures to other reporting districts.
The data source's methodological notes clarify the criteria for establishments of greater economic importance, including legal entities, partnerships and natural persons registered in the commercial register or employing workers. In addition, the data source highlights that technical issues have led to a change in the classification of small businesses and sideline businesses, which has limited the comparability of the results.
In summary, the statistical data for the first half of 2023 show a multifaceted picture of the corporate landscape in Germany. Despite slight fluctuations, interest in business start-ups remains, while the diversity of entrepreneurial activities plays an important role in the country's economic development.A startup "no-go" refers to an action, decision or condition that should generally be avoided because it has the potential to jeopardize the success or sustainable development of a business. Here are some examples of startup no-gos:
Inadequate market analysis:
If you don't have enough information about the market, the target group and the competitive situation, you run the risk of offering a product or service that does not have sufficient demand or is already saturated by other companies.Inadequate financial planning: inadequate financial planning can result in not having enough capital to start the business or keep it going for the first few months or years. It is important to create a realistic budget and have adequate capital to cover unforeseen expenses.
Poor team management: an ineffective or inappropriate team can severely impact the success of a business. It's important to hire the right people with the right skills and attitude and create a collaborative and productive work environment.
Ignoring the legal framework: not paying attention to legal issues can lead to significant legal problems. It is important to be aware of all relevant laws and regulations, such as tax rules, business formation rules, labor laws, and intellectual property.
Failure to comply with legal requirements can lead to significant legal problems.
Failure to focus on customers: failing to pay sufficient attention to the needs and wants of customers can result in the company being uncompetitive. Customer feedback should be taken seriously in order to continuously improve products and services.
Missing flexibility: A lack of flexibility can lead to a lack of competitiveness.
Failure to be flexible: A rigid business plan or inability to adapt to changing market conditions can hinder the growth and development of the business. It is important to be flexible and ready to respond to change.
Neglect of marketing: even the best product or service will not be successful if people do not know about it. A poor marketing strategy or neglect of it can lead to low awareness, weak sales, and a lack of customer loyalty.
Marketing is the most important part of a business strategy.
It is important to note that the above items should not be considered absolute no-go's, but potential risk factors that should be avoided or minimized to maximize the chances of success when starting a business. Every business is unique, and there are no hard and fast rules that apply to all situations.