More than two-thirds of home businesses run by first-time entrepreneurs
By Naomi Rainey
Home-based businesses add Â£300bn to the economy, according to research.
A study from Direct Line for Business and Enterprise Nation found 69 per cent of these businesses are started by first-time entrepreneurs.
There has been a sharp rise in the number of business start-ups in recent years.
A record 581,173 new businesses registered at Companies House in 2014, up 10 per cent on the previous year, bringing the total to 3.1 million.