|
New business start-up figures unaffected by credit crunch |
|
Written by Stephen
|
|
Sunday, 31 August 2008 |
 A recent survey reveals that more people are starting a business to strengthen their financial security despite the current economic climate.
The research was carried out by business consultants www.getsetforbusiness.com who surveyed businesses established for less than six months on their motivations for becoming self employed. Over 40% of respondents indicated their main reason was the fear of redundancy from employment and the subsequent removal of financial security.
Over 200 business owners were questioned and other motivations included the flexibility of working from home and not having to answer to bosses.
Recent figures released by Companies House and the British Banking Association show further signs of business confidence. Over 27,000 new Limited Companies were incorporated in England and Wales in July 2008. In addition, the latest figures (Q3 2007) for the leading high street banks providing small business services show that:
|
|
Last Updated ( Sunday, 31 August 2008 )
|
|
Read more...
|
|
|
calls for action over rising energy and fuel costs |
|
Written by admin
|
|
Sunday, 10 August 2008 |
 The Federation of Small Businesses (FSB) has expressed deep concern regarding the profits being recorded by providers such as Centrica, Shell and BP while at the same time lamenting the impact of increases in the price of energy and fuel on its members.
A third of FSB members work from home and are likely to suffer as much as domestic consumers from rising electricity and gas bills, while the price of fuel is a concern for all small businesses.
The FSB is urging the government to intervene where possible through the introduction of an automatic adjustor mechanism, whereby extra tax revenues from higher than predicted oil prices would automatically trigger corresponding reductions in fuel duty.
|
|
Last Updated ( Sunday, 10 August 2008 )
|
|
Read more...
|
|
|
SME owners plan to stay in business longer than they'll be married |
|
Written by Jim
|
|
Sunday, 27 July 2008 |
It may not always be a match made in heaven, but UK bosses are in it for the long haul when it comes to running their own company, according to a survey of small business owners conducted by Barclays Local Business* research reveals that over a quarter (28%) expect to run their business for more than 25 years (longer than the average marriage in the UK at 24 years, or 11.6 years if it ends in divorce**) and one in five said they plan to keep working well into their seventies.
As well as being wedded to the job, UK small business bosses are forming long-term and loyal relationships with their staff. Despite the popular belief that a 'job for life' is a thing of the past, nearly a third (29%) of those questioned have an employee on the books who has worked for them for at least ten years and two thirds of respondents still employ their first ever recruit.
John Davis, marketing director for Barclays Local Business said: "Starting your own business is a serious commitment and for most people it really is about a life long relationship that needs constant nurturing and attention. For every over night success there are thousands of business people who have spent years developing a successful business - but there are few things as satisfying as making it a success after all that effort."
|
|
Last Updated ( Sunday, 27 July 2008 )
|
|
Read more...
|
|
|
|
<< Start < Prev 1 2 3 4 5 6 7 Next > End >>
|
| Results 1 - 4 of 28 |
