Paragon Worldwide Acquisitions Unveils the Most Enterprising Regions

    GALWAY, IRELAND, October 29, 2015 /24-7PressRelease/ -- The Financial Times recently revealed regions in the UK & Ireland that have the highest rates of start-up businesses (www.ft.com, 16th June 2015, Start-up map shows the most enterprising regions). The newspaper's online site showed a map that highlighted the proportion of start-ups in 2011 reaching GBP1m turnover by 2014.

About Paragon Worldwide Acquisitions: http://www.paragonacquisitions.co.uk/about/

While London has the highest rate of start-ups in the UK, it is entrepreneurs in Northern Ireland who are the most likely to reach GBP1m turnover within three years of establishment (10.8% between 2011-2014). In Leeds this figure is 7.1%, Birmingham 7.4%, Sheffield 6.8% and Manchester 6.9%.

Throughout the UK & Ireland, around 6% of businesses achieve a turnover of GBP1m in three years, but in Northern Ireland it is as much as 10%. This is because the region is home to a booming technology sector and has plentiful public funding for business loans and grants. In addition, the city of Belfast has a skilled workforce and its small market gave a good foundation from which to grow.

In July this year, Chambers Ireland called on Government to use the tax system to foster a culture of entrepreneurship in all sectors of the economy. The call came as the Department of Finance undertakes a review on tax and entrepreneurship and is supported by local firm Paragon Worldwide Acquisitions.

The report by the Financial Times surveyed small and medium enterprises and found that a poor business strategy and management was the biggest barrier to growth. 53% of SMEs citied this reason, with 39% blaming a lack of skills in the workforce and 27% blamed it on access to finance.

Yet, the general attitude towards entrepreneurship is uplifting. At the forefront of the many pioneering initiatives which have emerged from the UK & Ireland in recent years is Cork innovates, a well-established regional initiative with a highly respected reputation as an independent player in the enterprise support eco-system.

Paragon Worldwide Acquisitions are a small business based who deliver sales and marketing services throughout the UK & Ireland. Their core goal is to increase their client's market share. The firm is an advocate of entrepreneurship and finds it encouraging that increasing numbers of small and medium businesses are reaching a turnover of GBP1m. Paragon Worldwide Acquisitions support young people looking for a way to progress within business as they mentor budding entrepreneurs with the skills and qualities needed to flourish within the sales and marketing industry.

Since the firm's establishment they have continued to grow and flourish within the outsourced sales and marketing industry. Paragon Worldwide Acquisitions is on a continued journey of growth, building assets including branding, finance, national reach, sales and marketing teams and management. The firm is finding the results encouraging because a thriving network of entrepreneurs and small businesses will ensure that products and services don't fall behind the competition and that companies are able to make an impact on the market.

Source: http://www.ft.com/cms/s/0/34685312-1435-11e5-9bc5-00144feabdc0.html?siteedition=uk#axzz3e5RfQA7p

http://startupireland.ie/cork-history-entrepreneurship-trade/

Paragon Worldwide Acquisitions design and implement effective direct marketing campaigns that are designed to generate quality sales and deliver a high ROI for their clients.

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