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Start up businesses are on the rise

STARTINGA BUSINESS IN THE UK? Only 44% of start-up In 2014 319,144 companies were set up before 13th July. businesses survive the first 5 years. Source: Source: ONS 526,446 businesses were registered with Companies House in 2013. Up 9% on 2012. 3,290,913 business were incorporated in the UK as of May 2014. Source: Companies House Edinburgh 17,112 New companies by region Glasgow 8,085 Source: Startup Manchester £50million More than £50million has been loaned to start-up businesses by Department for Business, Innovation and Skills. 11,765 Birmingham 16,281 Bristol Greater London 7,589 136,939 Source: Reading 6,472 ! Average hours worked by entrepreneurs: 44 44h Average employee hours worked per week: 39 39h Source: Barclays Reasons new businesses are started 44% to build a big successful business Source: Barclays 47% to earn a living 9% for 2nd income 9% 4% 7.3% adults expect to start a business in next 3 years. Most new businesses are 9% of men run their own start-up 4% of women run their wn start-up started in March and April. Source: Companies House C SPACE STATION 0800 458 2447 SELF STORAGE 0330 100 2815 © Interesting Social Media Infographics by Go Niche

Start up businesses are on the rise

shared by DanielleAuld on Jul 25
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Last year over 526,000 businesses were incorporated in the UK but what is driving the entrepreneurial increase?




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