More than two-thirds of #homebiz run by first-time entrepreneurs

More than two-thirds of home businesses run by first-time entrepreneurs

Picture: PA Wire

Picture: PA Wire

By Naomi Rainey

06:00Thursday 11 June 2015

Home-based businesses add £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.

 With so many people dipping their toe into the world of business ownership for the first time, there is a clear demand for support and advice…
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Cher Cunningham

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