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New Year - a popular time to set up a new business |   |
More people decide to start their own business in January than any other month, according to research carried out by one of Bytestart's partners, home business website Enterprise Nation.
The sheer dread of returning to an unrewarding office job after the Christmas period, combined with fresh resolutions to take action and fulfil long held ambitions, is the spur many people need to become their own boss.
Over 55% of Enterprise Nation members said the New Year had given them the impetus to get started on turning their business dream into reality. There are more than 2.1million home based businesses in the UK and over 60% of all new businesses are started from home.
Commenting on the findings, Emma Jones, entrepreneur and founder of Enterprise Nation, told us, “We certainly see an increase in site traffic in January as people are back in the office but aren’t really enjoying being there. This is the best month to act. If you have a bit of spare time on your hands as everyone gets back up to speed, start researching your idea and talking it over with friends and family. I’ve spoken to hundreds of home business owners and I can safely say that not a single one of them regrets leaving the traditional office for the home office.”
If you are thinking of setting up a new business this year, why not try Bytestart's Start Up Guides, which include how to set up a new business, run an eBay business, and dozens of top business tips.
You may also be interested in our Company Formation pages - which detail how to set up in business as a sole trader, limited company, partnership or LLP.
Posted January 3, 2008
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In April’s Budget the Chancellor announced a £750 million fund for innovation to "stimulate growth in the UK's industries of the future". Some two months on we’re still not closer to any details about what the fund will cover or who can apply for it. [June 30, 2009]
A new online accounting system has been launched, which enables freelancers, contractors and other small companies to manage their entire accounts, invoicing and expenses online. [June 26, 2009]
A new report suggests that small business owners value the opinions of their spouses or partners when it comes to business advice. Although accountants are the most valued source for advice, bankers have fallen down the pecking order. [June 22, 2009]
A leading law firm is urging small business employers to take a tough line on the management of expenses as the MP expenses scandal continues to make the headlines. [June 19, 2009]
A new study suggests that 37 is the age when most people feel totally confident about their abilities at work, but fulfilment at work is more likely to be reached at the age of 50. The study also highlights the growth of 'older' entrepreneurs, as more people plan to set up businesses after retirement. [June 16, 2009]
The costs of running a small company fell by 1.4% in the first quarter of 2009 due to deflation, according to the latest edition of the Business Inflation Guide. [June 15, 2009]
The UK's small businesses are being urged to rediscover their passion for exporting during the recession. [June 11, 2009]
In the last Budget, the Chancellor announced a new 'car scrappage scheme' to encourage motorists to scrap older vehicles and subsidise the purchase of new ones. How the scheme works. [June 5, 2009]
The BCC has launched a new online business networking site aimed at helping small companies succeed in the current economic climate. [June 5, 2009]
The latest UK Business Confidence Monitor indicates that the economic decline may have reached the bottom, with business professionals feeling more optimistic after two years of successive declines in confidence. [May 29, 2009]
New research backs up the theory that great entrepreneurs are born, not made. Additionally, the right sort of personality could be more important in long-term success than formal education and the 'right' connections. [May 13, 2009]
A city law firm has revealed a 31% increase in the number of insolvent companies whose directors have had disqualification proceedings launched against them over the past year. [May 7, 2009]
Many Bytestart readers may have noticed an increase in the number of bogus HMRC 'tax refund' emails which may have been received in the past few weeks. Includes top ten tips to help spot such bogus emails, and what to do if you receive one. [May 5, 2009]
In the most general terms, life insurance premiums have come down over the last decade as the market becomes more competitive, and you may be able to save on your premium by shopping around or switching providers. [May 1, 2009]
Small companies need to spend time on training and development, and need to understand how the public procurement system works if they want to gain a larger share of public sector contracts. [May 1, 2009]
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