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Entrepreneurial Spirit, the UK's Side Businesses Mapped

SIDE BUSINESSES by type in the UK The side business economy generates over THIRTY-THREE BILLION POUNDS a year for the UK. That equates to over £360 per month for the average side business, on top of primary income. What's The Most Popular Side Business In Your Region? 3% 6% North East Writer Scotland Real Estate 49% Yorks & Humber Selling Items 5% East Midlands 11% Care taking North West Arts & Crafts 35% East of England Selling through company/Website ie. eBay, Amazon 5% Wales Graphic Design 3% West Midlands 3% Computer/Website/IT South West Driving/Delivery 8% 3% London South East Teaching/Tutoring Finance/Accounting What's The Most Popular Side Business Across The UK? Side Business Percentage Accounting/ Financial Services 1% Driving/Delivery 2% Real Estate 3% Teaching/Tutoring/ Education 5% Caretaking Food and Beverage 6% Freelancers: Writers/ Designers/Developers/ 7% Consultants Arts and Crafts 8% Online Sellers, 26% Amazon / Ebay etc Other* 42% *The UK is home to a host of uniquely entrepreneurial people, including masseurs, mobile DJs, mystery shoppers, genealogists, mechanics, builders, survey answerers, cleaners and boxers. None of which are common enough to get their own category, but they do sound fun. TOD 3 REASONS FOR PURSUING A SIDE HUSTLE Top uses of money earned through side business % of people who use extra income for this purpose Supplementing income 28% Building a savings account 21% Paying the bills 17% Data source: Side Hustle Survey conducted by Elevate Credit. FIELD DATES | 29 Jan - 2 February 2018 SAMPLE | 1,551 online interviews with UK adults who have/had a side business cc Please attribute Creative commons with a link to Except where otherwise noted, this work is licensed under Creative Commons and the double Cin a circle are registered trademarks of Creative Commons in the United States and other countries. Third party marks and brands are the property of their respective holders.

Entrepreneurial Spirit, the UK's Side Businesses Mapped

shared by andycoops on Apr 03
A total of £33 billion is generated by the side business economy, a massive amount built through a need or desire to earn a little cash on the side to help with the bills, boost savings or pay off de...


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